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Saturday 2 December 2023 Dublin: 2°C

Business

This year
2023
SpaceX Falcon 9 rocket blasts off for International Space Station
The SpaceX Dragon Crew-6 mission launched at 05:34 Irish time this morning from NASA’s Kennedy Space Centre.
Poll: Have you ever bought anything because an 'influencer' posted about it?
Research from the advertising watchdog reveals only one in 10 people have trust in what influencers post on social media.
The Sunday Times to donate €25,000 to HIV Ireland following inaccurate article
An article in the paper wrongly claimed Angelo Andreucetti was addicted to heroin. He died from an AIDS-related illness in 1994.
Containment measures prevented spread of cyber attack across Virgin Media Television servers
In its statement last night Virgin Media Television stressed that the hack had been fully contained, “isolated and terminated”.
Laura Whitmore rapped by UK regulator for TikTok and Instagram posts about Irish gin
The ads for The Muff Liquor Company, seen in July, featured Whitmore drinking alcohol while dancing.
US tech giant Dell to cut 5% of its global workforce, around 6,650 employees
The computer firm employs over 5,000 people in Ireland.
Shell profits double to €38 billion in 2022, the highest in the company's 115-year history
The figure was more than double the amount in 2021.
Rare green comet to be visible from Ireland for the first time in 50,000 years
Travelling as far as possible away from cities and bright lights will increase your odds of a good view.
Bank of Ireland increasing fixed mortgage rates again
The banks’s fixed interest rates will increase by 0.75% for all new mortgage loan drawdowns.
Ulster Bank announces final closure dates for 63 branches across Ireland
Ulster Bank Chief Executive Jane Howard described the withdrawal of their services from communities as “poignant”.
Argos set to close all Irish outlets by June
The company employs around 580 people across 34 stores in Ireland.
Co-founder of collapsed crypto exchange pleads not guilty to fraud
FTX and its sister trading house Alameda Research went bankrupt in November, dissolving a virtual trading business that at one point had been valued by the market at $32 billion.
Last year
2022
U2 members buy out partner company in group's 'world class' visitor centre proposal
Planning documents lodged with the scheme expect that the centre would attract around 390,000 U2 fans to the capital each year.
Facebook Marketplace breaches EU antitrust laws, says Commission
The Commission said it takes issue with Meta tying Facebook Marketplace to the Facebook social networking service.
UK to cut banking controls and axe EU rules in bid for growth
British Chancellor Jeremy Hunt will unveil the reforms in Scotland tomorrow.
Newsletter: What's going on with plans to give workers a better work-life balance?
There was fury in the Dáil last night as the government was accused of watering down legislation.
A new transatlantic airline will begin flying from Belfast next summer
Flights will start to go on sale from the beginning of 2024.
FactCheck: Is the State the ‘biggest player in housing’?
The Taoiseach made this claim multiple times in the Dáil since 2021
Posting through it: The deepening absurdity of online billionaire behaviour
No amount of money can stop you from being cringe on the internet, writes Carl Kinsella.
Permanent TSB becomes latest bank to raise interest on fixed rate mortgages
The increases will range from 0.05% to 0.9% depending on a range of factors.
Government 'will be there to help' as Irish job losses at Meta expected to begin this morning
The Tánaiste says he is ‘confident’ Meta ‘will honour all their legal obligations in relation to redundancy information and consultation’.
State to sell off further 8% stake in AIB, Donohoe announces
The State’s shareholding in AIB will reduce from 62% to 57%.
Tech companies expanded ‘a little too quickly’, Varadkar says
Minister for Enterprise Leo Varadkar said his sympathies were with Stripe and Twitter employees who had lost their jobs.
UK's 'largest ever outbreak of bird flu' prompts legal order to keep poultry indoors
Ireland’s Dept of Agriculture has asked birdkeepers to mitigate agains spread but no such legal order is in force here.
Expected interest rate hike may help 'contain' house prices, says Varadkar
The ECB’s 25-member governing council is likely to lift its key interest rates by 75 points for the second consecutive time.
Housing minister welcomes mortgage rule change but concerns raised about house price increases
Concerns have been raised about increasing borrowing limits when supply remains low.
Central Bank rule change: First-time buyers to be able to borrow four times gross income
A review into mortgage lending began last year.
'Fraggle Rock, a father's tears and Lesley the Viking' - A weekend at Manchester City
The42 visited the Premier League champions to watch Ireland’s Gavin Bazunu face Erling Haaland up close with Southampton. But that was only part of the story.
Spotify acquires Dublin-based tech firm Kinzen to detect harmful content
The company was set up by Storyful founder Mark Little and ex-Facebook executive Áine Kerr.
Elon Musk offers to end legal fight and buy Twitter for original offer price of $44 billion
It comes just two weeks before Twitter’s lawsuit seeking to force the Tesla chief to go through with the deal goes to trial.
FactCheck: Is the renters' €500 tax credit just worth seven days' rent in Dublin?
The claim was made by a housing charity after the budget was announced.
New tax credit worth €500 to be introduced for renters
The tax credit can be claimed for 2022.
Irish State no longer a shareholder in Bank of Ireland following sale of shares
Proceeds generated from the trade amount to approximately €841 million.
'Absurd and frightening': How high could 'skyrocketing' energy prices go this winter?
Tough choices lie ahead in both the short and long term.
Experts agree that the energy price crisis is likely to get worse in the coming months and year ahead.
The UK's energy price cap nearly doubled last week and is an indicator of what consumers in Ireland are facing.
In the short-term, governments must intervene but in the long-term it's about renewable energy.
Price hikes: SSE Airtricity to increase gas bills by 39% and electricity by 35.4%
17,000 apply for emergency social welfare payments for food, fuel and clothing in July alone
The Glider: Could Belfast's tram-like bendy bus be the model for other Irish cities?
The system has been suggested as a kind of gateway to light rail infrastructure.
Revealed: The makes, models and test centres with the highest (and lowest) NCT pass rates
Three of the top four cars are SUVs.
Property prices have now reached the same level as the Celtic Tiger peak - CSO
The high follows a 14.1% price increase over the past year.
Elon Musk accuses Twitter of fraud in countersuit over abandoned $44 billion takeover
In its own filing, Twitter rejected the billionaire’s argument, calling it “as implausible and contrary to fact as it sounds.”
Ex IBM manager: Pay, political neglect and public indifference all to blame for cyber failings
Paul Farrell retired as IBM Ireland’s General Manager last year but also was an officer in the Irish Defence Forces
NI businesses experiencing a 'feast or famine' economy due to protocol - report
The report was released by a UK parliamentary committee.