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Nearly 1 in 4 employers expect to increase hiring in 2026 – survey

Almost one in four employers expect to increase hiring in 2026 according to research from hiring platform IrishJobs. Its Hiring Trends Update shows that large enterprises have the most positive outlook on future hiring, with 27% of these firms expected to increase recruitment over the coming months. The research gathered insights from 500 employers and…

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Gold prices retreat after record surge

Gold prices fell over 4% today, as the dollar firmed and investors booked profits after expectations of US interest rate cuts and sustained safe-haven demand drove the yellow metal to a fresh record high in the previous session. Spot gold fell 4.1% to a nearly one-week low at $4,178.23 per ounce, as of 1358 GMT,…

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Majority of companies not planning to increase in-office days – survey

Almost two-thirds of HR professionals say their companies are not actively considering increasing onsite attendance in 2026, according to a new survey from business group Ibec. The HR Update Report shows that the hybrid model of three days on-site remains the dominant working arrangement, favoured by 31% of respondents. It is closely followed by full-time…

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Economy to grow faster than expected this year – Goodbody

The Irish economy will grow faster than anticipated this year as impact of US tariffs will not be as damaging as feared and the country “dodged a bullet” on US corporation tax changes, according to a new report by Goodbody Stockbrokers. Due to the strong jobs market and a rising population, the domestic economy will…

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New mortgage product launched by credit unions

A new standard mortgage product has been launched by credit unions aimed at new home buyers and switchers. Mortgages have been available through some credit unions around the country, but until today, each credit union set its own interest rate at a local level. The ‘Credit Union Mortgage’ offers a single variable interest rate of…

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Internet services cut for hours by Amazon cloud outage

Popular internet services, from streaming platforms to messaging services to banking, were offline for hours toda due to an outage in Amazon’s crucial cloud network, spotlighting how dependent internet life has become on the tech titan. A huge spike in disruption logged at Downdetector early Monday was followed by an even bigger jump some nine…

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Social Finance Foundation reaches €260 million lending milestone

A non-profit body that provides loan finance for community organisations has reached a lending milestone of more than €260 million. Since it was established in 2007, the Social Finance Foundation (SFF) has provided loans to 2,200 projects across the country. The average loan value to each of the organisations was €119,000. The funding is provided…

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China’s Q3 GDP growth slows to one-year low in test of long-term policy plans

China’s economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily reliant on manufacturing production and exports, stoking concerns about deepening structural imbalances. The economy’s overreliance on exports at a time of mounting trade tensions with Washington is also raising questions over whether Beijing…

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Bank of Ireland raises motor finance scandal provision to €400m

Bank of Ireland has more than doubled to £350m (€400m) the amount it had set aside to compensate customers for a motor finance mis-selling scandal in the UK. This follows the UK’s Financial Conduct Authority’s consultation paper published on October 7 on the industry-wide commission arrangement between car dealers and lenders – which led to…

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The digital euro: Benefits and pitfalls of tapping ECB cash

Could the digital euro be a reality within four years? There is certainly momentum building, even if consumers remain sceptical. The motivation reflects the growing digitalisation of payments, but also a deeper concern about European dependence on US giants Visa and Mastercard given the unpredictability – not to say economic hostility – of the Trump…

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