Category Business

Glanbia shares jump after profit forecast hike

Shares in nutritional supplements company Glanbia rose 10 percent on Wednesday after the company revised up its profit forecast for the current year and said it had overcome the difficulties that sent the shares to a two-year low in February.…

Trump Calls on Intel CEO to Resign

US President Donald Trump has called for the immediate resignation of Intel’s new CEO Lip-Bu Tan, claiming he is in a “highly questionable position” after questions emerged about his ties to Chinese companies and doubts were raised about the future…

Diageo expects to save €718m after profits fall

Guinness beer maker Diageo is set to expand its cost-cutting plans after reporting a fall in profits following a “challenging year” during which the previous boss stepped down. It comes after the company, also known for Johnnie Walker whisky and…

Aer Lingus owner IAG beats second-quarter profit expectations

Aer Lingus parent IAG on Friday reported better-than-expected second-quarter profit on strong demand for its transatlantic routes despite concerns about the fallout from US President Donald Trump’s tariff war. European carriers have largely avoided tariff worries, with Air France-KLM and…