Prices for commercial building have increased by 7.5% during the first six months of 2022, according to the latest Tender Price Index published by the Society of Chartered Surveyors Ireland (SCSI).This is the highest six-month increase in prices recorded by the SCSI since price tracking of commercial construction inflation...
A company in receivership is asking the High Court to grant an injunction to restrain the chief executive of Davy Group from completing his purchase of commercial units in a Co Mayo shopping centre. Arknite Limited claims the receivers purportedly appointed to Units 1-8 at Silverbridge Shopping Centre in Claremorris...
Irish banks have the means to forgo passing on mortgage costs even as the European Central Bank prepares to hike interest rates because their profits are set to lift off when rivals quit the market, experts have said.Pressure is building on AIB, Bank of Ireland, and Permanent TSB to...
The Vintners’ Federation of Ireland (VFI) has called on AIB to reverse its decision to convert 70 of its outlets to cashless branches, saying the move will have a 'severe' impact on its members across the country. While many businesses primarily conduct their trade through card transactions, a significant...
Drugs giant Biogen tried to assuage investor worries by laying out a plan for its Alzheimer's disease drug being developed with Eisai and promising to draw lessons from the setbacks to its treatment Aduhelm.The new drug, Lecanemab, is crucial for the growth of the drugmaker as it faces competition...
Dunnes Stores workers have lodged what they describe as a “life-changing” pay claim. The workers’ union, Mandate, is seeking a 7.7 per cent pay increase, extra leave days, better discount and more full-time contracts. It says it believes this is a reasonable request as the rate of inflation is over...
Amazon has filed a lawsuit against the administrators of more than 10,000 Facebook groups it accuses of co-ordinating fake reviews in exchange for money or free products.The Seattle-based e-commerce giant said in a statement posted on its website on Tuesday the Facebook groups were set up to recruit people...