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A total of 1,877,900 passengers arrived in Ireland on overseas routes in May of this year, new CSO figures show today

Passenger arrivals up 3.2% on pre-Covid May 2019 - CSO

New Central Statistics Office figures show that passenger arrivals were higher in May of this year compared to pre-pandemic May 2019, rising by 3.2%.

Business • 28 Jun 23

Chinese fiscal spending will focus on tech innovation and key strategic sectors in 2023

China to boost fiscal spending in 2023 'appropriately'

China will boost fiscal spending "appropriately" in 2023 to support the slowing economy, focusing on tech innovation and key strategic sectors, the finance ministry said today.

Business • 29 Dec 22

AerCap's Q2 revenues up 36% on travel recovery

A strengthening rebound in air travel "across all major regions" boosted second-quarter revenue at AerCap as the world's top aircraft lessor predicted that supply chain issues for planemakers would support leasing demand for years to come.

Business • 11 Aug 22

Retail sales conducted online rose to 6.5% in December 2021 compared to 4.1% in December 2019.

Covid drove consumers online, new CSO figures show

New figures from the Central Statistics Office show that the outbreak of Covid-19 had a big impact on the proportion of retail sales made online.

Business • 14 Feb 22

UBS's net profit for 2021 surged by 14% to $7.5 billion - its strongest performance since 200

UBS reports best annual profit since 2006

UBS has today reported its best annual profit since the global financial crisis, emboldening it to hike share buybacks and set more ambitious profit goals as it banks that more digital products will result in hefty cost-savings.

Business • 01 Feb 22

The French economy, the euro zone's second biggest, grew 1.1% in the three months to the end of June

French second quarter growth revised up to 1.1%

The French economy rebounded slightly more strongly than first thought in the second quarter as consumer spending recovered after a coronavirus lockdown, the INSEE official statistics agency said today.

Business • 31 Aug 21

Dr Martens has posted a 22% rise in annual core earnings with online sales helping to soften the hit from Covid-19-related store closures

Dr Martens kicks off listed status with earnings up 22%

Dr Martens, the classic boot brand that listed its shares in January, has today reported a 22% rise in annual core earnings with online sales helping to soften the hit from Covid-19-related store closures.

Business • 17 Jun 21

Average hourly earnings increased by 5.5% between Q4 2019 and Q4 2020, rising from €24.23 to €25.56, new CSO figures show

Average earnings up slightly between Q4 2019 & Q4 2020

New research from the Central Statistics Office figures show that workers' average earnings were up slightly between the fourth quarter of 2019 and the fourth quarter of 2020.

Business • 09 Jun 21

April retail sales were up 90.1% compared with the same time a year ago when the economy was in a tight lockdown, the CSO said (Pic: RollingNews.ie)

Retail sales soar by 90% on annual basis in April - CSO

The volume of retail sales rose by an historic 90.1% on an annual basis in April, the latest Central Statistics Office show.

Business • 28 May 21

Both Brent and WTI contracts are trading near lows not seen since February 12

Oil tumbles 4% on concerns over Europe curbs, rollouts

Oil prices fell more than 4% today, hit by concerns over new pandemic curbs and slow vaccine rollouts in Europe as well as a stronger dollar.

Business • 23 Mar 21

Nearly 60% of Cathay's 2020 revenue of HK$47.9 billion was from its cargo operations, up from around 20% in 2019

Cathay Pacific posts record $2.8 billion annual loss

Hong Kong's Cathay Pacific Airways said it was focused on preserving cash after it posted a record annual loss of HK$21.65 billion ($2.79 billion), caused by a travel downturn, restructuring costs and fleet writedowns.

Business • 10 Mar 21

IHS Markit's final January Composite Purchasing Managers' Index fell to 47.8 from December's 49.1

Euro zone downturn deepens as lockdowns hit services

The euro zone's economic downturn deepened in January as renewed restrictions to quell the spread of the coronavirus hit the bloc's dominant service industry hard, offsetting a robust performance by manufacturers.

Business • 03 Feb 21

Deposits hit an historic high of €125 billion in 2020, growing by 12.8% over the course of the year, new Central Bank figures show

Household savings hit record level of €125 billion

Savers amassed an extra €14.2 billion in deposit accounts last year, according to the latest figures from the Central Bank.

Business • 29 Jan 21

Banks, credit unions and post offices have been added to the list of workplaces where wearing of face coverings is mandatory

Face coverings now mandatory in banks, post offices

Banks, credit unions and post offices have been added to the list of workplaces where the wearing of face coverings is mandatory.

Business • 26 Jan 21

From January 1, 253 Primark stores will be temporarily closed due to Covid-19 restrictions in Ireland and the UK

AB Foods ups sales loss from Covid closures to £650m

Primark-owner AB Foods said tougher lockdown measures in Britain and Ireland would result in an estimated sales loss of £650m this financial year, up from its previous estimate of £430m.

Business • 31 Dec 20

Sterling jumped over 2% today to attain the highest level since April 2018

Sterling shines as no-deal Brexit averted

The British pound surged today to a two and a half dollar peak before Britain's long-awaited exit from the European single market, with a trade deal in the bag on the final trading day of a coronavirus-ravaged 2020.

Business • 31 Dec 20

Airbus delivered 477 jets between January and November, the planemaker said today

Airbus to be world's largest planemaker for second year

Airbus is set to beat Boeing to be the world's largest jetmaker for the second year in a row, ending 2020 by resuming deliveries of its A380 superjumbo to Emirates.

Business • 22 Dec 20

Pubs around the country closed their doors in March due to Covid-19 restrictions

40% of Dublin pubs plan to reopen as restaurant in June

A survey indicates that four out of every ten Dublin pubs are planning on reopening as restaurants at the end of June under Phase three of the lifting of coronavirus restrictions on social and economic life.

Business • 20 May 20

Julie Sinnamon, CEO of Enterprise Ireland

Enterprise Ireland announces 'repayable' fund for SMEs

Enterprise Ireland has a Business Response Unit, and in these times, it has been busy.

Business • 07 May 20

UK retail sales plunged by 5.1% in March from February, the sharpest drop since the ONS records began in 1996

UK retailers suffer record sales plunge on Covid-19 hit

British retail sales saw their biggest fall on record in March as a surge in food buying for the coronavirus lockdown was dwarfed by a plunge in sales of clothing and most other goods, official figures showed today.

Business • 24 Apr 20

Ryanair is continuing to work with governments on rescue flights to return stranded passengers to their home country

Ryanair doesn't expect any flights in April or May

Ryanair has said it expects that most of its flights will be grounded from today.

Business • 24 Mar 20

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