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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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Deliveroo’s founder has said the company’s foray into grocery retail could eventually outpace takeaway orders, as the company reported its first annual profit last year. Around a sixth of Deliveroo’s revenue in 2024 came from retail and grocery delivery, but…
The Irish arm of catalogue retailer Argos has made a €200 million dividend payment following the company’s exit from the Irish market in 2023. In June 2023, the retailer closed 34 of its traditional stores and was able to pay…
Lego has achieved record sales as the toymaker said it was ahead of a shrinking market and working hard to “stay relevant” amid new partnerships with Nike and Formula 1. The Danish firm said its revenue rose 13% to 74.3…
A cybersecurity expert has said it would be “unsafe to point fingers” at Ukraine after Elon Musk’s claim that the X glitch was linked to the country. Mr Musk said the social network had been subjected to a “massive cyberattack,”…
A Meath pub owner has decided to set his prices back to two years ago because he is “tired” of price increases from suppliers. The Royal Meath pub in Navan has reduced the price of pints of some draught beers…
Companies looking for opportunities in the Irish market need to “remain calm” in light of possible US tariffs, the Prime Minister told a key conference in Texas. Michael Martin said he intends to convey to President Donald Trump the message…
Boohoo’s parent company has rebranded itself as Debenhams Group, highlighting changes to the department store it bought from receivership three years ago. Boohoo said it had successfully completed a major overhaul of Debenhams since acquiring the brand in 2022 and…
The High Court has overturned a previous ruling that could have resulted in hundreds of thousands of euros in compensation being paid to former Debenhams employees. Judge Anthony Barr has overturned an Labour Court decision which ordered a clothing retailer…
Ireland’s pharmaceutical sector will be protected from US President Donald Trump’s tariffs thanks to a long-term multilateral agreement, the business minister has said. However, Peter Burke also noted that there is a plan that will be activated if the US…
Saudi Arabia’s state oil company Aramco has posted profits of $106.25 billion (€100 billion) in 2024, down 12 percent on the previous year, as falling energy prices now curb the kingdom’s multi-trillion-dollar development plans. Aramco, formally known as Saudi Arabian…