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Bussiness

State reduces AIB stake to 25.5pc

The State’s stake in AIB has fallen to 25.5pc after the Government announced the successful sale of another part of its shareholding in the...
Bussiness

Dalata records increase in earnings in first half as trading environment improves

Revenue per available room (RevPar) for the January to April period was 4pc lower than 2023 levels, with the group attributing this to increased...
Bussiness

Ibec proposes €4.6bn in spending but says no to a ‘giveaway budget’

In a pre-budget submission released yesterday, Ibec laid out proposals for a €4.6bn spending package but said the Government needs to resist the urge...
Bussiness

Granite Digital to create 50 jobs in big expansion into US market

The expansion plans will create more than 50 new jobs in New York, the company reported.The business added that the newly created roles will...
Bussiness

C&C shareholder says drinks group is ‘perennial underperformer’ and calls for sale

In a letter to the group’s board, Engine Capital called on the Bulmers maker to explore “strategic alternatives” for the company.The activist investor described...
Bussiness

Grocery price inflation down to lowest level since March 2022

A survey of over 30,000 products on Irish supermarkets shelves found that shoppers paid 2.5pc more for these goods in the 12 weeks to...
Bussiness

The week ahead in business: CSO figures on labour costs and tourism, Eurostat data on energy, and results for Currys and Halfords

The Central Statistics Office (CSO) will share an update of earnings and labour costs in 2023 on Tuesday.The report will break down the total...
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