News

EU agreement on reducing industrial emissions

EU member countries and the European Parliament have said they have reached a preliminary agreement on curbing industrial emissions, including those from intensive poultry and pig farms and from ore mines. The deal, struck late last night, would “reduce harmful emissions from industry and improve public access to information,” the European Council, representing member states, […]

Continue Reading

EU agreement on reducing industrial emissions

EU member countries and the European Parliament have said they have reached a preliminary agreement on curbing industrial emissions, including those from intensive poultry and pig farms and from ore mines. The deal, struck late last night, would “reduce harmful emissions from industry and improve public access to information,” the European Council, representing member states, […]

Continue Reading

Brent tops $80 ahead of OPEC+ meeting

Oil prices crept higher today as the possibility that OPEC+ will extend or deepen supply cuts was compounded by a storm-related drop in Kazakh oil output to send the Brent benchmark above $80 a barrel. Brent crude futures were up 73 cents, or nearly 1%, at $80.71 a barrel by 1506 GMT. US West Texas […]

Continue Reading

Weekly earnings rose by 4.6% in third quarter – CSO

Workers average weekly earnings rose 4.6% between July and September compared to the same period last year, new data from the Central Statistics Office (CSO) shows. On average, employees received wages of €907.72 during the period, up from €876.63 during the third quarter of 2022. Average weekly earnings increased across 12 out of 13 sectors […]

Continue Reading

ECB rate hikes not necessarily over, Nagel says

The European Central Bank may need to raise interest rates again if the inflation outlook worsens, and the bank should not rush to ease policy too quickly after the steepest set of rates hikes on record, Bundesbank chief Joachim Nagel said today. The ECB has signalled steady rates for several quarters ahead and investors are […]

Continue Reading

Oil prices rise slightly due to weak dollar

Oil prices rose slightly today due to a weak dollar, and expectations that the OPEC+ producer group would deepen and extend output cuts due to fears demand would remain subdued. Brent crude futures were up 11 cents, or 0.1%, at $80.09 a barrel at 0510 GMT. US West Texas Intermediate (WTI) crude futures were trading […]

Continue Reading

New domestic violence leave entitlements begin

Employers will be required to offer paid leave to workers who are subjected to domestic violence from today. The Work-Life Balance Act, which was passed earlier this year, provides for up to five days paid domestic violence leave over a period of 12 months. Minister for Children and Equality Roderic O’Gorman said no one experiencing […]

Continue Reading

39% of daily internet users almost always online – CSO

New figures from the Central Statistics Office shows that 94% of internet users go online daily, and of these, 39% use it all the time or nearly all the time. The CSO’s Internet Coverage and Usage in Ireland research shows that 92% of people aged 16 years and older were recent users of the internet, […]

Continue Reading

Public sector pay talks to begin at WRC

Talks on a new public sector pay deal involving unions, staff associations and the Government are due to begin at the Workplace Relations Commission (WRC) today. Last week, unions accepted an invitation from the Government to enter talks, but said they want to focus on a short-term agreement. They also expressed disappointment at the Government’s […]

Continue Reading

Irish agri-food exports were worth €19 billion in 2022

Irish agri-food exports were worth €19 billion in 2022, with 165,000 people employed across the sector, according to the latest annual review and outlook report from the Department of Agriculture published today. Last year was another bumper year for Irish agri-food exports, with total sales of €19 billion, up 22% on 2021. The increase was […]

Continue Reading