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The Business section of 1 NEWS DAY provides a comprehensive look at the forces driving the global economy. From the boardrooms of multinational corporations to the agile offices of emerging startups, we track the strategies, leadership, and market shifts that define success in the modern commercial landscape. Our goal is to provide actionable insights for professionals, investors, and entrepreneurs alike.
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Increasing vehicle registration tax (VRT) rates by 1 percent is one of the budget proposals presented by the Ministry of Finance’s Tax Strategy Group (TSG) in its recent documents. The document states that if the measure is implemented for the…
balance remote work /> Education Minister Helen McEntee said firms had the right to strike a balance on remote working, taking into account the specifics of their business. This statement was made against the backdrop of a number of enterprises…
PayPal has announced the creation of 100 new data science roles at its Dublin office. The jobs come as PayPal invests in artificial intelligence (AI) capabilities and “transforms its operations in Ireland.” The new AI team in Dublin will be…
Ryanair’s chief executive has said he is considering increasing the bonuses paid to staff for finding customers’ oversized luggage. The airline currently pays its staff approximately €1.50 for identifying passengers with prohibited baggage on board. It is known that the…
The Prime Minister noted that uncertainty over tariffs creates “difficulties” for budgeting and medium-term financial planning. US President Donald Trump said he would impose 30 percent tariffs on EU goods from August 1 unless a new trade deal with the…
House prices in Ireland rose by an average of 7.5% year-on-year in April, according to the Central Statistics Office (CSO). Headline house price inflation was virtually unchanged from March’s 7.6%, down slightly from February’s 8%, the CSO said on Thursday.…
Ireland’s central bank forecasts that domestic economic growth would slow to around 2 percent this year and next if the United States imposes a 20 percent tariff on European Union exports, and could fall further if the trade war deepens.…
The finance minister and AIB CEO have declared that reducing the state’s stake in the bank to zero following a successful share sale is a “significant milestone”. Pascal Donohoe said the state had sold its 2.06% stake in AIB at…
The taxpayer found himself in a difficult situation due to claims amounting to 444,412 euros from clients of the bankrupt company Platinum Travel Ltd. The Dublin-based travel company ceased trading on December 19 last year, and the annual report of…
Irish mortgage rates continued to fall in April, but the country still has the fifth-lowest rates in the eurozone. According to new data from the Central Bank, the average mortgage interest rate fell from 3.77% in March to 3.72% in…