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FinanceFinance
Russian Central Bank Reduces Key Interest Rate to 15%
Russia's monetary authority has lowered its benchmark lending rate by half a percentage point to 15%, responding to moderating price pressures while acknowledging heightened external risks.
Irish Mortgage Holders Could Save €2,400 Annually by Switching Lenders
Average homeowners in Ireland stand to reduce mortgage costs by approximately €2,400 per year through lender switching, new analysis from financial advisors reveals.
Bank of England Maintains UK Interest Rates Amid Middle East Tensions
The Bank of England's Monetary Policy Committee voted unanimously to hold interest rates steady as Middle East conflict poses inflation risks to UK economy.
Credit Union Mortgage Lending Nears Historic €1 Billion Threshold
Irish credit unions are approaching a significant milestone as their collective mortgage portfolio advances toward €1 billion in value, marking substantial growth in the sector's housing finance.
PTSB Confirms Austrian Bank Bawag as Potential Acquisition Suitor
Permanent TSB officially acknowledges Austria's Bawag Group as a contender in ongoing acquisition discussions, marking significant development in Irish banking consolidation.
Austrian Bank BAWAG Confirms Interest in Permanent TSB Acquisition
Permanent TSB has confirmed Austria's BAWAG is among multiple parties engaged in formal discussions for the bank's potential sale, progressing through a process launched last October.
Business Tips
Commemorative Coin Maker Faces Soaring Losses
Amid soaring losses and fierce competition, the commemorative coin maker must urgently adapt or risk fading into obscurity. What strategies could save the company?
Giraffe Childcare Sees Profits Climb 5
With a 5% profit increase, Giraffe Childcare is poised for growth, but will rising costs and staffing challenges hinder their expansion plans?
Marketing Salaries Surge in Ireland, Report Reveals
Lively marketing salaries in Ireland are on the rise, but what factors are driving this surge and what does it mean for the future?
Ireland Unveils Bold Property Transparency Initiative
Learn how Ireland's Property Transparency Initiative could reshape real estate dynamics and challenge global financial practices—discover what changes lie ahead.
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Waterford Whiskey Founder Plans New Brand After Insolvency Exit
Following receivership sale to American bourbon giant, Waterford Whiskey founder outlines plans to repurchase casks and launch fresh Irish whiskey venture.
H&M Shares Decline Despite Profit Growth on Weak March Outlook
Swedish fashion giant H&M reports stronger Q1 profits through cost management but investor confidence wavers as March sales projections disappoint market expectations.
UL Research Advances 3D Metal Printing for Aerospace Applications
University of Limerick researchers are pioneering metal additive manufacturing techniques that could transform Irish aerospace engineering capabilities and industry competitiveness.
Novartis Acquires Excellergy in $2 Billion Biotech Deal
Swiss pharmaceutical giant Novartis announces acquisition of California biotech firm Excellergy for up to $2 billion, strengthening its position in specialty therapeutics market.
Meta to Cut 15 Jobs in Ireland Amid Global Workforce Reduction
Meta Platforms confirms elimination of 15 positions within its Irish operations as part of broader global restructuring, impacting Dublin-based workforce.
Redesigning Ireland’s Workplace Future Without the Fear Factor
Irish business leaders express growing concern about workplace transformation, but communications expert argues strategic design rather than anxiety should guide organisational evolution.
US Court Rules Social Media Platforms Addictive to Young Users
Landmark American legal ruling determines Meta and YouTube platforms designed to be addictive to children, setting precedent for digital safety regulation worldwide.
US Judge Rules Against Administration’s Anthropic Supply Chain Ban
Federal court delivers scathing verdict on US government's decision to classify AI company Anthropic as supply chain threat, marking significant precedent for technology sector.
CCPC Finds 33% of Online Retailers Mislead Irish Shoppers on Sales
Competition and Consumer Protection Commission investigation reveals widespread discount deception during major shopping events, affecting Irish consumers across multiple retail sectors.
Next Issues Warning on Iran Conflict Impact on Retail Operations
British fashion retailer Next has cautioned that escalating Middle East tensions will affect operational costs, pricing strategies, and consumer spending patterns.