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Live News: Lumcloon to build sustainable modular data centres in Ireland; Trump to announce UK trade deal
Live News: Lumcloon to build sustainable modular data centres in Ireland; Trump to announce UK trade deal

Business Post

time08-05-2025

  • Business
  • Business Post

Live News: Lumcloon to build sustainable modular data centres in Ireland; Trump to announce UK trade deal

Welcome to the Business Post's Live News section. We're here all day to keep you up to date on developments in business, tech and current affairs. 7.45 - Lumcloon Energy to build sustainable modular data centres in Ireland Lumcloon Energy is working with a South Korean AI company on new technology to build modular data centres in Ireland that are more energy efficient. Both Lumcloon Energy, the Offaly energy company and iA cloud, a leading cloud infrastructure solutions provider based in South Korea, have signed a memorandum of understanding to work on the new technology which could be revolutionary for the data centre sector across Europe. Laura Roddy reports 7.30 - Donald Trump to announce trade deal with UK Donald Trump plans to announce a trade deal with the UK on Thursday, according to people familiar with the matter, in what would make Britain the first country to reach an agreement with the US since the White House announced sweeping tariffs last month. More on the Financial Times 7.15 - Asian markets update Stocks across Asian markets have been ticking up, with Japan's Nikkei rising 0.46 per cent and Shangai up 0.29 per cent. Hong Kong's HSI is up 0.36 per cent while India's Sensex and Nifty were trading flat. 7.00 - Good morning Good morning from the Business Post. Vish Gain here with you today to keep you up to date on all the latest news as it happens.

‘We only sell one product': Hostelworld to expand beyond hostels with €3m investment
‘We only sell one product': Hostelworld to expand beyond hostels with €3m investment

Business Post

time29-04-2025

  • Business
  • Business Post

‘We only sell one product': Hostelworld to expand beyond hostels with €3m investment

Markets 'We only sell one product': Hostelworld to expand beyond hostels with €3m investment The company is holding its Capital Markets Day in London, outlining its growth plans for the next three years Laura Roddy 15:07 Gary Morrison has sailed Hostelworld through a pandemic and is now looking for growth through AI, M&A and expanding into other forms of cheap stays. Picture: Fergal Phillips Business Post subscribers can read: • Why Hostelworld is turning to guesthouses and budget private rooms • How Donald Trump's tariff war is impacting Hostelworld • What the company is betting on next for growth Markets Travel Hotels hostel Hostelworld LATEST NEWS 15:07 'We only sell one product': Hostelworld to expand beyond hostels with €3m investment 15:02 M&S shares mount recovery after £700m knocked off market cap following cyber attack 15:00 US biotech raises $15m to reduce cattle methane emissions with Irish state among the backers 14:59 Live News: Irish economy grows by 13 per cent 14:17 All-Island cancer summit to drive focus on equitable care 14:15 Leprechaun economics? Irish economy grows by 13% as exporters tried to outpace Trump tariffs

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