Profits tumble 70.5% at IKEA Ireland due to higher costs
Pre-tax profits at the Irish arm of Swedish furnishing giant IKEA tumbled by 70.5% to €6.91m in 2024 due to higher costs and lower revenues, new accounts show. Accounts filed…
Pre-tax profits at the Irish arm of Swedish furnishing giant IKEA tumbled by 70.5% to €6.91m in 2024 due to higher costs and lower revenues, new accounts show. Accounts filed…
Dublin-founded Boundless, an Employer of Record (EOR) platform, is joining forces with global financial platform Payoneer in a major step for the Irish technology sector in the international workforce management…
Netflix has switched to an all-cash offer for Warner Bros Discovery's studio and streaming assets but without increasing the $82.7 billion price in a bid to shut the door on…
The Newbridge Cutlery Company said today it will stop production of silver-plated cutlery and tableware at its factory in Newbridge in Co Kildare. The factory, which employs 11 people, will…
Analysis: The abundance of natural resources on the largest island on Earth is tied to its hugely varied geological history over the past four billion years By Jonathan Paul, Royal…
Tánaiste and Minister for Finance Simon Harris has said "everything is on the table" in relation to how Europe may respond if the US was to "annex" Greenland or part…
Global tourism hit a new record level in 2025 with 1.52 billion international tourist arrivals recorded worldwide, driven by strong increases in Asia and Africa, UN Tourism said today. "Demand…
French car maker Renault Group said today that its sales volumes rose 3.2% in 2025, as strong demand for its passenger vehicles, particularly overseas, helped offset a plunge in European…
EU chief Ursula von der Leyen warned the US today that hitting allied European nations with punitive tariffs over Greenland would be a "mistake". "The proposed additional tariffs are a…
Faisal IslamEconomics editorGetty ImagesGary Cohn advised Trump on the economy in his first termOliver SmithBusiness producer, DavosDonald Trump will not be able to force Greenland to change ownership, a former…
David SilverbergTechnology ReporterGetty ImagesThe US has fewer but more "tech dense" farms according to a government reportJake Leguee is a third-generation farmer in Saskatchewan, Canada.Since his grandfather bought the 17,000…
Simon Jack,Business editorandJonah Fisher,Climate correspondentGetty ImagesInspections without notice, regular MOT-style checks and compulsory water efficiency labels on appliances are among the key measures in the government's overhaul of the water…