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Britain sees ‘new chapter' after EU deal
Britain sees ‘new chapter' after EU deal

Irish Times

time20-05-2025

  • Business
  • Irish Times

Britain sees ‘new chapter' after EU deal

Britain's declared a ' new chapter ' in its relationship with the European Union, which in turn hailed the UK's new 'positive energy' towards the bloc, after the two sides struck a landmark deal over issues including trade, defence, travel and food exports. Mark Paul and Jack Power report. Mark meanwhile breaks down what is involved, and why the deal came about in the first place. Eoin Burke-Kennedy meanwhile looks at the ramifications for Ireland. Last week we saw the latest round of JNLRs measuring radio ratings. The report showed young people are listening to more than three hours of radio per day. In his column, Hugh Linehan looks at whether the survey adds up. Ciara Kelleher went on trial twice in relation to the collapse of Custom House Capital . After her last trial ended without a verdict in February, she speaks to Conor Lally about her experience. READ MORE The High Court has formally signed off on the appointment of an examiner to the company behind the Workman's Club. Fiachra Gallagher reports. As the yield on US 10 year debt hits 5 per cent, Cantillon looks at how the bond markets may box in US president Donald Trump's agenda while also looking ahead to this week's Bank of Ireland AGM and an expected pensioner protest. In Your Money, Fiona Reddan looks at who is applying for social housing . It's not always who you may expect. Dominic Coyle meanwhile resolves a reader question on and if social welfare fraud dies with the death of a person. Ryanair profits fell 16 per cent last year amid lower air fares. Barry O'Halloran and Colin Gleeson report the numbers. Barry also analyses why those lower airfares are unlikely to stay that way. 'Increasingly urgent' concern around the potential subversion of Ireland's electoral system is to be investigated by the incoming Oireachtas committee on Artificial Intelligence(AI), which is likely to feed into a forthcoming renewal of Government strategy on cyber security. Mark Hilliard reports. Revolut, the global fintech with more than 55 million customers, said on Monday it is planning to file for a banking licence in France as it aims to make Paris its western European headquarters. Joe Brennan has the story. If you'd like to read more about the issues that affect your finances try signing up to On the Money , the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.

Improved workers' rights divide sides up North
Improved workers' rights divide sides up North

Irish Times

time28-04-2025

  • Business
  • Irish Times

Improved workers' rights divide sides up North

Employers groups and trade unions in Northern Ireland will learn today how recently appointed Minister for the Economy Caoimhe Archibald intends to proceed with the proposals to update and reform employment legislation that has sharply divided employers and trade unions when she briefs the Assembly on the Good Jobs Employment Rights Bill. Emmet Malone reports. The number of companies launching on global stock markets for the first time grew by 20 per cent to 291 in the first three months of the year, a report published on Monday shows. But, as Barry O'Halloran reports, the Irish exchange has some particular challenges. Awareness of the digital euro among Irish retailers was lower than in any of eight other countries surveyed, with 44 per cent saying they had not heard of the digital euro. That compares with an average of 29 per cent across Europe. A similar percentage said they were unsure about the potential benefits of a digital euro. Eoin Burke-Kennedy looks at the on-again, off-again war of words between US president Donald Trump and Federal Reserve chairman on interest rates ahead of a crunch meeting of the Fed. READ MORE What baffles Isabel Berwick most about workplaces in 2026 is the enduring prevalence of shouty, negative and underling-blaming leadership styles. Standing in for Pilita Clark, she argues that leaders who operate a culture of fear and criticism don't get good results. Even if you don't care about 'snowflake' staff, lashing out at people is bad for business. In our Opinion slot this week, Fianna Fáil TD Martin Daly says that as Donald Trump targets universities, the State should double down on producing more PhD graduates here to ramp up our innovation and research capabilities. And as the Government confirms yet another delay in the introduction of auto-enrolment , the time has come for a dose of realism - where proper timelines and political commitment deliver a better outcome for workers with no occupational pensions. Finally, Proinsias O'Mahony says Tesla's earnings call was less a financial update than a sermon from Musk's pulpit of techno-rapture, rhapsodising about humanoid robots, trillion-dollar energy markets, and even 'heaven on Earth'. Stay up to date with all our business news: sign up to our Business Today daily email news digest. If you'd like to read more about the issues that affect your finances try signing up to On the Money , the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.

Intel staff face more uncertainty
Intel staff face more uncertainty

Irish Times

time24-04-2025

  • Business
  • Irish Times

Intel staff face more uncertainty

Intel workers face yet more uncertainty, amid reports the hobbled chip maker plans to axe as much as a fifth of its global workforce. It's the latest trouble to hit the firm's staff after what is now a years long crisis at the company. Jack Horgan-Jones has the story with the Government in the dark on the scale of any cuts here, while Stephen Farrell is on the ground in Leixlip. Mark Hilliard meanwhile looks at a timeline of the company's recent woes while Cantillon assesses how bad the hit may be for Ireland. Staying with the tech world, the EU has fined Apple and Meta a combined €700 million, stirring the ire of the two tech giants. Jack Power has the details. Away from tech, Cantillon isn't happy with pharma chiefs' suggestion the EU should allow drug prices to match US levels, while also highlighting the significance of insurers here using in house reinsurance and its impact on their Irish profits. In Inside Business, Ciaran Hancock sits down with Patrick Guilbaud, the French chef who brought fine dining to Ireland 44 years ago. READ MORE A German activist investor in Glanbia has written to the board of Tirlán Co-operative Society, the nutrition group's largest shareholder, in a bid to enlist support for a campaign for the business to carry out a strategic review after a share price slump. Joe Brennan has the story. US president Donald Trump has said he doesn't intend to fire Federal Reserve chairman Jerome Powell, but he has repeatedly criticised him for not cutting interest rates to his liking. What is Trump's beef with the Fed chief? Eoin Burke-Kennedy unpacks what is going on. Eoin also reports that the main Irish arm of computer giant Oracle has paid €730 million in cumulative dividends to its US parent over the past 18 months. In his column, Emmet Ryan looks at how companies can satisfy their demand for graduates with degrees in science, technology, engineering or maths (STEM). In Innovation, Neil Briscoe looks at a little noticed change in EU rules for carbon fibre usage in cars, and what it means for future designs, while Olive Keogh meets the man behind a Cork online grinds platform aiming to help students get top marks in maths exams. What is at stake in Meta's antitrust trial in the US? Quite a lot as it turns out. Finally, Ciara O'Brien reviews what is not your average dashcam. Stay up to date with all our business news: sign up to our Business Today daily email news digest. If you'd like to read more about the issues that affect your finances try signing up to On the Money , the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.

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