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Angela Barnes

Business

IBM announces plans to create 800 new high-tech jobs across Ireland

IBM has announced plans to create 800 new AI jobs across Ireland over the next three years as big tech companies continue to invest in the country.

Business

EasyJet share price sinks 6% as airline announces CEO will step down

Shares in budget airline EasyJet fell 6% on Thursday morning after it announced that its CEO will be stepping down.

Business

Rolls-Royce gets Poland's backing to build its nuclear power plants

The Polish government is supporting a plan from Rolls-Royce to build nuclear power plants in the country.

Business

European companies in China struggling to make money as growth slows

European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.

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Business

Spanish government rejects BBVA bid to win over Sabadell shareholders

The Spanish government has rejected an offer by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) to Banco Sabadell SA shareholders, sparking renewed discussions on banking consolidation within Europe.

Economy

Turkey inflation hits almost 70% in April dampening any rate cut hopes

Turkey’s inflation accelerated to 69.8% annually for the month of April, according to latest data from the Turkish Statistical Institute.

Business

Here's the two European countries with no female listed company CEOs

Two countries within the European Union have no females leading any listed company.

Business

France's Casino supermarket chain to cut 3,200 jobs following takeover

France's Casino supermarket chain is to cut between 1,300 and 3,200 jobs following its recent takeover by Czech billionaire Daniel Kretinsky.

Markets

French lender BNP Paribas beats profit estimates as expenses decline

French lender BNP Paribas beats profit estimates for the first quarter (Q1) as expenses fell.

Markets

FTSE hits new record as Associated British Foods posts strong results

London's FTSE 100 hit an all-time high on Tuesday as traders digested latest economic data and positive corporate earnings from Primark owner Associated British Foods.

Markets

Gold and oil prices rise following reports of Israel strike on Iran

Oil prices rose on Friday morning with both Brent and US crude trading higher after Israel reportedly carried out a military attack on Iran.

Markets

LVMH stock falls as consumers rein in spending on luxury goods

LVMH shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results.

Markets

European markets slump as investors weigh Middle East developments

European markets were all in the red on Tuesday afternoon as traders continued to monitor developments in the Middle East - and digest fresh economic data from China.

Business

Irish start-up review shows investments fell 35% in 2023 - here's why

TechIreland published their Start-up Funding Review on investments into Irish tech companies last year. Here are the findings.

Business

VW electric car sales plunge: Why are Europeans returning to petrol?

Sales of Volkswagen electric vehicles in Europe fell by almost a quarter in the first three months of the year as consumers returned to petrol.

Economy

France trade deficit increases adding to the country's economic woes

In February 2024, France exported €50.3 billion worth of goods, while its imports amounted to €56.3 billion, equating to a trade deficit of €6 billion.

Markets

What's boosting the FTSE? London blue-chip index climbs above 8,000

In early trade on Tuesday 2 April, the FTSE 100 index in the UK broke through the 8,000 level, setting a new record at 8,015.60.

Markets

UBS stock rises as Swiss banking giant launches €1.8bn share buyback

UBS stock rose on Tuesday morning as the Swiss banking giant announced in a statement on its website that it was launching a share buyback of $2 billion (around €1.8bn) over the next two years.

Markets

Market loser? Harsh truth for Trump as social media stock plummets

Less than a week after a flashy stock market debut, Donald Trump's social media company disclosed on Monday that it lost nearly $58.2 million (around €54m) last year, sending its stock tumbling more than 21%.

Business

ProSieben board turns down MFE bid to split German broadcaster

German broadcaster ProSiebensat.1 has rejected a bid put forward by MFE-MediaForEurope to split up the company.

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