Business News Ireland

Former Volkswagen boss faces trial on second set of charges over diesel scandal

Martin Winterkorn resigned as the firm’s chief executive days after the US authorities announced a notice of violation in 2015...

KBC Ireland fined €18.3m over role in tracker mortgage scandal

Borrowers lost 66 properties, including 11 family homes, as a result of the overcharging, according to the Central Bank...

Cineworld slumps to €1.4bn loss and warns over potential second wave hit

The group swung to a €1.4 billion pre-tax loss for the six months to June 30th...

70 new jobs in firm involved with National Broadband Plan roll-out

The Irish-owned firm said the roles will bring its new hires to over 100 within 12 months...

Pret A Manger founder criticises Boris Johnson for ‘nonsense’ leadership

Julian Metcalfe’s criticism is in response to the UK government’s latest measures to curb coronavirus...

German prosecutors charge eight more Volkswagen employees over diesel scandal

The suspects are aged between 50 and 72 and face charges including perpetrating or participating in serious fraud...

Bank of Ireland sees 1,400 staff apply for redundancy

The bank has set a deadline of Wednesday afternoon for employees to signal an interest in the voluntary severance scheme....

Unions quit Low Pay Commission over proposed minimum wage increase

ICTU has pulled out because it was not prepared to sign up to a proposed increase of 10 cent per hour in the national minimum wage....

Tesla CEO Elon Musk unveils breakthrough in battery technology

However Musk warned that the new technology might not be ready for high-volume production until 2022....

Airline industry will never be the same again, says Willie Walsh

Walsh forecast in five years it would be a smaller industry and there would be fewer players....

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