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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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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…
London’s High Court has ruled in favour of aircraft leasing companies in a multi-billion pound legal battle over planes that were left in Russia after its 2022 invasion of Ukraine. Dublin-based AerCap, the world’s largest aircraft leasing company, has joined…
The National Asset Management Agency (Nama) plans to return 5.5 billion euros to the state when it closes at the end of the year, exceeding an earlier estimate of 5.2 billion euros. The state-owned “bad bank” created in 2009 used…
A Dublin-based subsidiary that runs the world’s most visited adult site Pornhub has said a US lawsuit alleging the company distributed child sexual abuse images is “without merit”. Data from new and legacy reports from Aylo Billing Ltd show revenue…