Business

Microsoft said it would “retire” its online messaging and voice calling service Skype in May. The US tech giant said the move would allow it to focus on its cutting-edge online communications platform Teams, which provides virtual meeting tools as…

Aer Lingus parent International Airlines Group (IAG) said its operating profit increased by 22.1% last year to €4.3 billion. This is more than 3.5 billion euros in 2023. The company attributed the growth to “the successful execution of our transformation…

The three co-founders of Web Summit have agreed “in principle” to begin mediation ahead of a scheduled hearing to resolve the three men’s contentious disputes, the High Court has heard, but they still need to agree on a suitable mediator…

The central bank has imposed a €452,790 fine on the Irish unit of US investment group Cantor Fitzgerald for failing to report suspicious transactions that could indicate market abuse. From March 2017 to June 2023, Cantor repeatedly failed to record…

Smurfit WestRock CEO Tony Smurfit has been named Irish Times Business Person of the Year 2024, an award established in partnership with Bank of Ireland. In July, Dublin-based Smurfit Kappa, under Mr Smurfit’s leadership, formally merged with US partner WestRock…

According to the Central Statistics Office (CSO), as of January 2025, prices in Ireland had increased by 1.9% over the past 12 months. The data show that the inflation rate (the rate at which prices rise) has risen slightly since…

Trump directs Treasury to stop minting new pennies ABC News’ Alexis Christoforous discusses the impact of a U.S. economy with no pennies. Sourse: abcnews.go.com Rate this item:1.002.003.004.005.00Submit Rating No votes yet. Please wait…

A security services firm has failed in a High Court challenge over a decision that it should repay some €2.2 million it received from Revenue under the Covid pandemic wages subsidy scheme. Mr Justice Rory Mulcahy rejected an appeal brought…

Gordon Ramsay is merging his UK and US restaurant businesses in a deal which will bring fresh private equity investment into the celebrity chef’s firm. The chef said the deal will help him to expand further internationally and create more…

Provisional liquidators have been appointed to a Co Cork-based medical supplies company that alleges it is owed €1.2 million by the HSE. PMD Device Solutions Ltd petitioned the High Court for the appointment on Friday, acknowledging that it is “clearly…