Category Business

Ryanair boss Michael O’Leary claimed Rachel Reeves “hasn’t a clue” about how to generate growth in aviation. Mr O’Leary said the UK chancellor should scrap air passenger duty (APD) rather than “waffle on” about Heathrow expansion, which he described as…

An Irish MEP has said she will support amendments to new EU laws that would stop businesses from refusing cash from customers. Cynthia Ní Mhurchú, the Fianna Fáil MEP for Ireland South, said the amendments to the new EU Regulation…

Purdue, Sacklers offer $7.4 billion in settlement Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation. Sourse: abcnews.go.com Rate this item:1.002.003.004.005.00Submit Rating No votes yet. Please wait…

Stella McCartney has bought back a stake in her fashion business from luxury clothing giant LVMH (Louis Vuitton Moët Hennessy). It is the latest stake sale by LVMH as it tackles a wider slowdown in the luxury sector. The French…

The State has cut its shareholding in AIB Group to 12.5 per cent from 17.5 per cent and may exit the bank completely this year, the Minister for Finance said on Tuesday. The Government cut its stake via a placement…

Thousands of WH Smith workers face uncertainty as private equity suitors eye a deal to take control of the retailer’s shops. It comes after the business confirmed over the weekend that it has held talks over potentially selling its 500-strong…

Global tech stocks are expected to be hit on Monday following the surprise emergence of a Chinese rival in the AI chatbot space. Futures trading is pointing to heavy falls in tech and AI stocks in the US when Wall…

A US-based fintech firm is to create 20 jobs with a new engineering development team in Belfast. Stormont economy minister Conor Murphy has welcomed the move by SpiderRock, which is based in Chicago. He said the office based at the…

Ryanair reported after-tax profit for the three months to the end of December ahead of analyst forecasts on Monday, but Europe’s largest low-cost carrier again trimmed its forecast for passenger numbers on Boeing delivery delays. After tax-profit for the third…

Consumer sentiment improved slightly to hit a six-month high in January as concerns about household finances eased but worries about the broader macroeconomic outlook grew, a survey showed on Monday. The Credit Union Consumer Sentiment index climbed to 74.9 in…