Foxconn's Q1 profit surges past estimates (2021-05-15 00:15:00)
Taiwan's Foxconn said its first-quarter profit jumped 13-fold amid the work-from-home trend spurred by the Covid-19 pandemic that has stoked demand for devices like smartphones and laptops.

Stellantis to give its 14 car brands 10 years of funds (2021-05-15 00:15:00)
Stellantis chief executive Carlos Tavares said that each of the automaker's 14 car brands will receive funding over the next 10 years to prove themselves.

Kerry's new hub in Queensland to drive food innovation (2021-05-15 00:15:00)
Food technology and ingredients company Kerry Group is to develop a new purpose-built food technology and innovation centre of excellence in Queensland in Australia.

Disney's streaming growth slows as pandemic lift fades (2021-05-15 00:15:00)
Disappointing growth of Walt Disney's namesake streaming service overshadowed better-than-expected overall profits last night, driving down shares of the entertainment company.

Toshiba says unit hacked by DarkSide (2021-05-15 00:15:00)
A Toshiba business unit said today it was hacked by the DarkSide ransomware group, overshadowing an announcement of a strategic review for the Japanese conglomerate under pressure from activist shareholders to seek out suitors.

Imagine to accelerate rollout of 5G fixed broadband (2021-05-15 00:15:00)
Telecoms provider Imagine Communications says it plans to accelerate the expansion and rollout of its 5G fixed broadband network across the country.

Avant Money offers lower 4 and 10 year mortgage rates (2021-05-15 00:15:00)
Mortgage lender Avant Money said today it is launching the lowest four and ten-year fixed rate mortgages in the Irish market.

Amazon to create 10,000 jobs in the UK this year (2021-05-15 00:15:00)
Amazon said today it would create 10,000 new permanent jobs in the UK in 2021, taking its total workforce in the country to over 55,000.

US retail sales unchanged in April after March jump (2021-05-15 00:15:00)
US retail sales unexpectedly stalled in April as the boost from stimulus checks faded, but an acceleration is likely in the coming months amid record savings and a reopening economy.

US Fed seeks to calm inflation fears, world stocks up (2021-05-15 00:15:00)
Stock markets across the world have been taking a bit of a hammering this week, amid worries that US inflation is set to rise.

Dogecoin leaps and bitcoin retreats after Musk tweets (2021-05-15 00:15:00)
Bitcoin was heading today for its worst week since February, while dogecoin leapt by a quarter, as the latest tweets on cryptocurrencies from Tesla boss Elon Musk sent the digital coins on a wild ride.

Ploughing trade show cancelled due to Covid uncertainty (2021-05-15 00:15:00)
The 2021 Ploughing Trade Exhibition and World Contest, due to take place in Co Laois in September, has been cancelled due to uncertainty over Covid-19 restrictions.

Fingleton loses bid to stop alleged mismanagement case (2021-05-15 00:15:00)
Former Irish Nationwide Building Society chief executive Michael Fingleton has lost a High Court bid to stop a case against him for alleged negligent mismanagement of the society's affairs.

Vaccinations to remain voluntary as workplaces reopen (2021-05-15 00:15:00)
Tánaiste and Minister for Enterprise Trade and Employment Leo Varadkar has urged more employers to use antigen testing, but not as a substitute for other public health precautions.

Ryanair wants travel restrictions lifted by end of May (2021-05-15 00:15:00)
Ryanair has called for the removal of all travel restrictions from the end of May for air travel between Ireland and both the UK and EU.

Cyber attack a nightmare scenario for security experts (2021-05-15 00:15:00)
The cyber attack on HSE systems is a timely reminder of how vulnerable organisations and individuals are, writes Will Goodbody.

Bauer takeover of Communicorp gets the go-ahead (2021-05-15 00:15:00)
The proposed acquisition of Communicorp Group by Bauer Media Audio Holdings has been given the green light.

ESRI finds income inequality at lowest recorded level (2021-05-15 00:15:00)
Income inequality in Ireland has fallen over the past three decades, but measures of poverty remain high for lone-parent households and those without a job.

Foreign direct investment in Ireland passes €1 trillion (2021-05-15 00:15:00)
The accumulated value of foreign direct investment in Ireland rose to over €1 trillion in 2019, according to new analysis from the Central Statistics Office.

Facebook loses challenge to data regulator inquiry (2021-05-15 00:15:00)
The Data Protection Commissioner can proceed with an inquiry that could lead to a ban on Facebook's data transfers from the European Union to the United States, the High Court has ruled.

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