Singapore-based tech group Megaspeed dealt in billions of dollars' worth of the world's most advanced AI chips, but its office was an empty shell when AFP visited, its staff seemingly vanished long before claims of espionage landed at their door.
European stock market operator Euronext has advised listed companies this morning to use the phone to communicate corporate information after an outage in Microsoft's Outlook email service.
SpaceX and Tesla are progressing in their merger negotiations, and a deal could be announced as early as December, Bloomberg News has reported, citing people familiar with the matter.
There are some telephone conversations that stay with you. One I had in 2014 with a Canadian property investor called Thomas Schwartz is a case in point. I had come across a company called CapReit, which had quietly incorporated an Irish-registered entity, and was trying to establish what it intended to do here. The country... View Article The post Ires built Ireland’s biggest private landlord. Why couldn’t the stock market see its value? appeared first on The Currency .
AIB said it is increasing its green and transition lending target, doubling it from €30 billion to €60 billion by 2030.
Scouting Ireland told its senior leaders earlier this month that it has an €8.23 million deficit but said it remains in a “sound position” from which to fulfil its mission. In a presentation on November 7, a copy of which has been obtained by The Currency, the 38,000-member organisation said its gross income reached €8.6... View Article The post Facing a deficit of €8.23m, Scouting Ireland has a plan to meet historical abuse case costs. Will it work? appeared first on The Currency .
Car owners could save up to €300 on their motor insurance, according to research from the Central Bank.
A packing line is spitting 200 colourful bags of Cheestrings snacks a minute as general manager Stephen Stokes gives me a tour of Kinisla’s dairy consumer foods factory in Charleville, Co Cork. “We’re at capacity and we’re looking at how to add more,” he tells me. This is less than three years after the food... View Article The post Leveraging “huge demand for proteins”: Kinisla’s €300m strategy to beat volatile markets appeared first on The Currency .
Traffic restrictions remain in place around Dublin city on the second day of meetings involving European political leaders.
Hundreds of Microsoft users have been reporting outages as the tech giant confirmed connectivity issues across "multiple regions".
Investigations so far have found no evidence of clients’ assets being affected
A technician sacked by a medical devices plant after his "tweaked" settings on a machine were blamed for the scrapping of $42,000 worth of insulin monitors has won two month's salary for unfair dismissal but failed in a bid to get his job back.
The Denis O'Brien owned group that operates the five star Camiral Resort in Girona in Spain, which will host the 2031 Ryder Cup, last year returned to profit as ait recorded pre-tax profits of £826,000 (€988,000).
Elaine Geraghty will step down as Managing Director of Ardmore Studios and Troy Studios at the end of December, the studios said today.
US investment firm Gordon Brothers is ‘taking due care’ to consider if one of three bidders has enough funds Business live – latest updates Poundland’s owner has said it is “taking due care” to consider if one of three bidders had enough funds to ensure its survival after the troubled budget retail chain secured two more weeks to find a deal. The management of Poundland , which employs approximately 12,000 people and operates 600 stores in the UK and Ireland, won approval from the high court...
The Central Bank said it has fined businessman Alan Dalton for breaching insider dealing rules under Market Abuse Regulation (MAR) regulations.
Metro Bank has put itself up for sale as it looks to the "next phase of growth" after recent turnaround efforts.
Turkey's central bank has today raised its year-end inflation forecast to 29.5% from 28%, citing supply-side pressures stemming from the Iran war and broader geopolitical tensions.
Wizz Air said today it expects a mid-single-digit percentage increase in full-year unit costs excluding fuel, as airlines grapple with higher labour and airport expenses on top of the soaring price of jet fuel due to the Iran war.
A pharmacist who claimed he was forced out of a €112,000-a-year job at a pharmacy run by ex-Fine Gael TD Kate O'Connell and her husband has lost his claim for constructive dismissal.
Nvidia Chief Executive Jensen Huang has resigned after two extramarital affairs, including one with a suspected Chinese spy and another with an employee. The company said Thursday that finance chief Colette Kress had agreed to serve as interim CEO until a permanent successor is named. The board is starting a search for the company’s next... View Article The post Nvidia CEO Jensen Huang resigns appeared first on The Currency .
New figures from AIB show that total card spending by its customers increased 4.5% year on year in October, with in-store spend up 6.9% and online spending up 1.2%.
The luxury fashion firm said revenues grew 6% to £1.1 billion in the six months to September 26.
DX, a leading provider of integrated 3PL solutions across parcel, freight, fulfilment and final mile, announces the acquisition of Fulfil with Synergy (“FwS”), a founder-led third-party logistics business specialising in multi-channel fulfilment, retail distribution and value-added services. The acquisition expands DX's existing contract logistics capabilities and service offering to its customers.
Eli Lilly has become the first company to have a GLP-1 weight-loss pill approved in China, gaining a leg up on Danish rival Novo Nordisk in the world's second-largest pharmaceutical market.
Nvidia CEO Jensen Huang has never anointed a successor, but many analysts and investors see two people as particularly likely candidates, at least for the short term - Nvidia's uber-engineer Ian Buck and Chief Financial Officer Colette Kress.
Siemens has reported better-than-expected results in its fourth quarter and lifted its mid-term growth outlook, as strong demand for trains and from AI-related data centres continued to boost orders.
With apps now delivering your groceries as well as takeaways, a EU work directive is set to determine who the platforms must treat as employees
British discount retailer Poundland has today filed another Notice of Intention to appoint administrators, giving the business and its owners, US investment firm Gordon Brothers, more time to find a rescue deal.
Stories picked up by more and more outlets will show here once headlines are grouped into stories.
