Business

Tesla announced that sales volume fell to their lowest level in nearly three years in early 2025. The electric car maker reported a 13% drop in first-quarter sales amid international criticism of its CEO Elon Musk, design changes to a…

Stephen Moore, a former senior economic adviser to US President Donald Trump, said he admired Ireland’s corporate tax system and believed the United States could do better by cutting its tax rate to a comparable level. Mr Trump hopes the…

Paul Marchant has stepped down as chief executive of high street fashion chain Primark, which operates under the Penneys brand in Ireland, amid allegations of inappropriate behaviour. The retailer’s parent company, Associated British Foods (ABF), notified investors of his departure…

Heineken Ireland has introduced British ready-to-drink cocktail brand Served, co-owned by pop star Ellie Goulding, to the Irish market. This marks the first time Heineken Ireland has entered the ready-to-drink market in Ireland and also the international debut of Served,…

The chief executive of Primark, known in Ireland as Penneys, has resigned after allegations of inappropriate behaviour towards a woman. Primark’s parent company, Associated British Foods (ABF), has confirmed that Paul Marchant has stepped down as CEO of the high…

Ryanair’s chief executive is confident that commercial jets will not be caught in trade disputes between the US and other economic powers, including Europe, after discussions with Boeing’s top brass. Michael O’Leary, the chief executive of the Irish budget airline,…

WH Smith has decided to sell its UK retail chain to Hobbycraft owner Modella Capital in a deal valued at £76 million (€90 million) and the chain is expected to eventually be rebranded as TG Jones. The deal will not…

The equipment hire company, controlled by Minister of State for Agriculture Michael Healy Rae, saw its accumulated profits rise to €808,911 last year. Fresh accounts from County Kerry-based Roughty Plant Hire Ltd, owned by Minister Healy Rae, show accumulated profits…

Ryanair has welcomed a Maltese court’s decision to find a passenger guilty of causing a disturbance on a flight from Cologne to Malta on March 22 by smoking on board and ignoring crew instructions. The passenger admitted his guilt in…

Almost 80 jobs at Drogheda-based Boylan Print, a leading producer of direct mail, brochures and magazines including the RTE Guide, and another company dependent on Boylan Print, were saved on Thursday after a court approved its survival plan under the…