Aer Lingus grows its US service with direct flights to Washington

Aer Lingus has unveiled new seasonal services to the United States as it posted its strongest third-quarter results since the economic crisis began. Aer Lingus will launch a seasonal service between Dublin and Washington DC from next May. It will operate four times a...

ECB ready to pump €1 trillion into euro zone economy

The European Central Bank is ready to inject up to €1 trillion of new liquidity into the euro zone economy as it ramps up efforts to rescue the single currency bloc from the risk of Japanese-style deflation, Mario Draghi confirmed yesterday. The ECB president also...

Glanbia defends tax status against claims

Glanbia has defended itself against claims it used Luxembourg-based subsidiaries to lower its Irish tax bill, saying it had an effective corporate tax rate of 17% last year on its global earnings, with the majority of payments made to the Irish exchequer.  ...

Irish exporters upbeat about outlook for 2015 – survey

More than 70 per cent of exporters reported an increase in exports in 2014 compared with 62 per cent last year while nearly 85 per cent expect exports to rise in 2015, a new survey shows. The Export Ireland Survey, by the Irish Exporters Association (IEA) and Grant...

Irish unemployment falls to 11% in October from 11.1%

Irish unemployment fell to 11 per cent in October from 11.1 per cent in September, the 10th straight month in which it dropped, the Central Statistics Office (CSO) said. It stood at 12.4 per cent in October last year. On a seasonally-adjusted basis, the live register...