Thousands of workers at John Lewis and Waitrose are to see their bonuses cut for the sixth consecutive year after the retail giant revealed a 45.4% fall in annual profits. The department store will reduce its renowned staff bonus to 3% of annual salary, with 83,000 partners sharing a pot worth £44.7 million, down from […]
Ireland’s supply of McDonald’s fries faces disruption on foot of Brexit, with the company seeking to put in place contingency plans to safeguard supply. The fries come from McCain in the UK, meaning they could face delays arriving here if trade barriers emerge. McDonald’s UK and Ireland told the Irish Independent it has “developed a […]
Millions of homes are set to see their bills jump next month as water prices rise across the UK. Brits will see their bills rise by an average of 2% in April – pushing the average annual cost to £415. And any increase will be unwelcome for struggling households facing other rising costs. "Even just […]
The CEO of Paddy Power Betfair expects some smaller high street rivals in Ireland to close outlets after the betting tax was doubled to 2pc in January. There had been intense opposition to the Government’s plan to hike the tax from 1pc to 2pc, but the increase went ahead in the last Budget. “It is […]
HONG KONG (Reuters) – Huawei Technologies is set to announce a lawsuit on Thursday against the United States, ratcheting up its response to a campaign aimed at closing it out of Western markets for fear its telecoms equipment could be used by Beijing for spying. The privately owned firm has embarked on a public relations […]
NEW YORK (Reuters) – A gauge of global stocks lost ground for a third straight session on Wednesday, unable to build momentum from a jump in Chinese equities, while the Canadian dollar weakened after a dovish turn by the Bank of Canada. Major U.S. indexes once again struggled to gain ground, with the S&P 500 […]
(Reuters) – The surprise arrest of Huawei’s chief financial officer in December quickly turned the executive, Meng Wanzhou, into a central figure in a trade war between two economic superpowers. U.S. President Donald Trump told Reuters he would consider intervening in her case – a potential action he alluded to again two weeks ago – […]
The number of podcast listeners has increased sharply this year, according to a new report. More than half the people in the United States have listened to one, and nearly one out of three people listen to at least one podcast every month. Last year, it was more like one in four. “That’s the biggest […]
(Reuters) – The surprise arrest of Huawei’s chief financial officer in December quickly turned the executive, Meng Wanzhou, into a central figure in a trade war between two economic superpowers. U.S. President Donald Trump told Reuters he would consider intervening in her case – a potential action he alluded to again two weeks ago – […]
The County Kildare farmer who took on the IDA – and won – is now seeking to prevent the go-ahead for a planned new $4 billion (€3.53bn) facility at Intel’s Leixlip plant. This follows farmer, Thomas Reid lodging an objection with Kildare County Council against the new application by the US micro-chip giant for an […]