Davy upgrades earnings forecast for Dole following strong Q1 performance
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Davy upgrades earnings forecast for Dole following strong Q1 performance
Vish Gain
09:55
The Irish fresh food giant raised its full-year earnings guidance after beating expectations with $2.1 billion revenue in the first quarter of 2025.

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Irish Daily Mirror
32 minutes ago
- Irish Daily Mirror
'Biggest week of all' for Casement Park as funding announcement imminent
GAA president Jarlath Burns has said this is the 'biggest week of all' for the Casement Park project as he awaits news of British Government funding for the project. The home of Antrim GAA has been shut since 2013 amid numerous hold-ups around planning and funding, with the opportunity to host games in Euro 2028 having now passed. The Stormont Executive has pledged £62.5m (€74m) towards the project, while the Irish Government will stump up £43m (€51m) to go along with the GAA's £15m (€18m) - but that is a long way short of the total required to complete the development with costs having spiralled and British Chancellor Rachel Reeves is expected to announce what contribution her government is prepared to make towards the shortfall. "This is a big week for it,' said Burns. 'This is the biggest week of all. We keep saying the next few weeks are crucial, but I think tomorrow we're going to hear the spending review. 'As it stands now, I don't know what decision has been made by the British Government as to what they are going to give. And I hope it's generous because it's something that we would really like to see moving on.' There will likely be pressure applied for the GAA to up its contribution but Burns said: "Well, not if the British Government decide that they are going to fund it all. That would be a great situation for us. 'So we don't know what they are going to give. We don't know then what inflationary uplift the Northern Ireland Executive is going to give. That would be between the two government parties. 'But we will then just take it from there. We will then have our own decisions to make, yes. But we are very committed to getting this stadium. 'Clones is wonderful. It's a fantastic stadium, a very quaint stadium. But we all know that for this modern era, we need to have a modern stadium where people can go and they can watch the games in comfort and enjoy it. 'If you look at the Ulster final, for example, you had Armagh, Donegal in the ladies' game, I think it was at 1 o'clock. And our game was maybe at 5 o'clock. "It's a long, long sit for people when you don't have the capacity for food and water runs out and the toileting situation, all of that. So we really just want to modernise and Casement Park is our best opportunity for that.'


Irish Examiner
42 minutes ago
- Irish Examiner
Rent pressure zones have 'discouraged' the supply of new homes, Dáil committee told
Rent pressure zones are 'not a good system' and have 'discouraged" the supply of new homes, an Oireachtas committee has heard. Members of the Housing Commission — whose landmark report on recommendations to fix Ireland's housing crisis was published over 12 months ago — also told the Oireachtas housing committee on Tuesday there had been a 'lack of emergency thinking and action' since its report came out. The Housing Commission was established in January 2022 as an independent body to examine Ireland's housing system and to make recommendations to shape long-term policy. This commission was made of representatives from across the housing sector, including developers and those delivering housing on the ground, and found Ireland's housing system has 'fundamentally systemic' failures. It made a slew of recommendations for a new approach to the housing sector to meet the needs of the Irish public, estimating there was an underlying undersupply of over a quarter of a million homes in the country. Since its publication, some members have been critical of what it called State inaction on taking up its recommendations. The Government has hit back at this, however, and insisted it was implementing the report. The appearance of Housing Commission members at the Oireachtas committee on Tuesday coincided with the Government publishing its controversial plans to reform the rental sector and its rent pressure zones. UCD professor of social policy Michelle Norris told the committee the commission proposed a 'comprehensive reform' of the system of rent pressure zones that had been 'introduced as an emergency measure in 2016 to regulate private rents and was never intended to be in place over the long term'. 'We propose replacing the RPZs with the reference rent system used to regulate rents in many other European countries," she said. Trinity College's Dr Ronan Lyons said, from the new Government proposals, vacancy de-control seemed to be the most important. This is where landlords would be able to set market rates for a property if a tenant moved out. Meanwhile, Michael O'Flynn, chief executive of the construction firm O'Flynn Group, said during covid-19 there was a highly coordinated approach across Government and they were similarly dealing with a housing 'emergency' now. 'Unfortunately, this approach has not been taken into the housing crisis, and the result is it's getting more and more challenging,' he said. 'The Housing Commission was a very serious attempt to provide a framework for Government to deal with the crisis in a holistic way. "It provided a strategic approach which, if adopted, would over the medium term, deal with the serious backlog of over 300,000 homes.' Read More Government yet again tinkering around the edges of the housing crisis with rent pressure zone plans


RTÉ News
43 minutes ago
- RTÉ News
Activists seeking review as AirBnB complaint dropped
A group of pro-Palestinian activists are seeking a judicial review against a decision by the Garda National Economic Crime Bureau (GNECB) not to proceed with a complaint filed against AirBnB in August 2023. The High Court challenge is part of a wider strategic action launched today, where five separate international legal challenges were launched against AirBnB over its alleged rental lettings in occupied Palestinian territory. The action is led by Sadaka, the Ireland Palestine Alliance, and the Global Legal Action Network, who say AirBnB has over 300 rental properties in the occupied West Bank. In Ireland, they are seeking a judicial review of the GNECB's decision not to launch an investigation into AirBnB Ireland in August 2023. It alleged that AirBnB Ireland is in breach of Irish money laundering laws by profiting from lettings in illegal Israeli settlements in occupied Palestinian territories. The groups said the GNECB declined to open an investigation, stating that the complaint did not disclose an offence within the jurisdiction of Ireland. AirBnb denies money-laundering accusations, stating that it operates in compliance "with applicable Irish and US laws". A spokesperson for the company added that since 2019, it has "donated all profits generated from host activity in the West Bank to an international nonprofit". Speaking about the case, Independent Senator Frances Black said similar cases could be taken against other companies, unless the Government includes a ban on services with occupied territories in the Occupied Territories Bill. She said: "My concern is that services will not be included in the Government's Bill so today is hugely significant because it really talks about why this is important. "The cases are hugely important not only because they seek to put to an end a wrong in the immediate sense, but they also highlight exactly what we mean when we say that services must be included in the Occupied Territories Bill when Government finally bring their version to the Dáil." She added: "This case is hugely important, but AirBnB is just one company and there are many others. "We need Government to step up and take responsibility, pass full, proper and complete legislation that bans all trade with the illegal settlements in both goods and services for every company so cases like this are not necessary."