Business News

As the Black Friday and Cyber Monday season gets underway, the Competition and Consumer Protection Commission is urging shoppers to exercise strong caution amid a rise in sophisticated online scams. The agency’s latest research indicates that nearly a quarter of consumers plan to buy during the sales period, creating fertile ground for fraudsters seeking to…

European Union negotiators have reached a provisional agreement on a new framework aimed at reducing online payment fraud and improving consumer protection. The measures will place greater responsibility on banks and payment service providers, while also introducing new obligations for online platforms. Under the draft rules, payment service providers will be required to reimburse customers…

Revenue has extended the deadline for Local Property Tax filings by three days, to Wednesday 12th November. It comes as the tax authority says it is seeing “strong engagement” from property owners in recent days, leading to its helpline being overwhelmed this morning. Property owners are required to file updated valuations for their homes to…

More than five years into the homeworking revolution, a narrative seems to have emerged of employees being hauled back to the office against their will. This contrasts with what Covid taught us: that people can work flexibly, benefit from not commuting, and even work for employers based far from their home – expanding the labour…

The Central Bank has issued a warning about an increase in artificial intelligence (AI) being used to create realistic social media ads and profiles impersonating public or business figures. These “deepfake” ads promote investment platforms or encourage consumers to join online “trading mentorship” groups for advice. The Central Bank said consumers are coached through the…

The Government has set up a €200m fund to finance infrastructure in an effort to restart stalled building sites. The money will be used to pay for water connections, electricity links and roads for building projects. Speaking to RTÉ News, Minister for Housing James Browne said: “I can think of one piece of land in…

The Central Bank has fined cryptocurrency exchange Coinbase Europe €21.5m for breaching anti-money laundering and counter-terrorist financing transaction monitoring obligations. The breaches occured between April 2021 and March 2025. Coinbase Europe, which is part of the Coinbase Group, provides crypto asset and wallet services to customers globally to facilitate their use of its trading platform…

Tesla shareholders have approved a massive pay package for CEO Elon Musk that could reach $1 trillion. The pay package – crafted to ensure Mr Musk’s continued service to the electric vehicle manufacturer as it pursues breakthrough technology on AI and robotics – won more than 75% support from shareholders, a Tesla official said at…

ISME, which represents small and medium businesses, has called on the receivers appointed to the parent company of Fastway Couriers to take immediate steps to ensure that goods currently in transit are either delivered to buyers or returned to vendors without delay. The association said it has received a huge number of reports from affected…

A new ‘Global Talent Tracker’ from recruitment firm Hays and Oxford Economics has ranked Ireland 33rd out of 35 global economies. The country’s workforce was ranked poorly in the areas of talent value and flexibility, driven by high operational costs and growing pressure on skills availability in key sectors. “The findings reflect the pressures of…