Business News page: 1

First Home Scheme supports over 6,500 home purchases to date

RTE | 2026-10-12, 09:16

The First Home Scheme said it has supported over 6,500 home purchases to date, with over 12,000 approvals since it was established in 2022. More than a third (37%) of total First Home Scheme drawdowns have come in the past year alone. The scheme was set up to

Heathrow boss urges PM to back third runway by end of year

RTE | 2026-10-12, 09:16

Heathrow Airport's boss has warned its owners "cannot wait forever" for the British Prime Minister's backing for its third runway plans as he said demand continues to outstrip capacity despite a fall in passenger numbers last month. Chief executive Thomas

Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

RTE | 2026-10-12, 09:16

Oil prices slipped today on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow. Brent crude futures fell 11

Irish AI company Tines announces 100 new jobs

RTE | 2026-10-12, 09:16

Tines, an Irish-founded AI company, has announced the creation of 100 new jobs over the next two years. The roles will be in areas including product development, engineering, sales, customer service, marketing and operations. More than half of the new jobs

IMF says AI investment keeps global growth around 3%, with major Asia benefits

RTE | 2026-10-12, 09:16

Strong investment in AI infrastructure is keeping global growth at around 3%, yielding major benefits for many Asian economies that supply the hardware, such as Thailand, International Monetary Fund Managing Director Kristalina Georgieva said today. The

Is there an AI evangalist in your office? Here's what to do

RTE | 2026-10-12, 09:16

Analysis: The gulf between AI's promise and the reality does not seem to discourage evangalists, but there are other ways to deal with this nuisance Artificial Intelligence is everywhere. Each week, we are inundated with stories telling us that AI will soon

Average adult loses €150 a year due to social awkwardness - AIB

RTE | 2026-10-12, 09:16

New research shows that social awkwardness around money is costing adults in Ireland an estimated €150 every year in overpaid split bills and uncollected social debts. The new behavioural science research, commissioned by AIB, shows that only one in 25 people

GoldBod pumps US$255m into banks as festive dollar demand rises

Joy Online | 2026-10-12, 09:07

The Ghana Gold Board (GoldBod) has sold US$255 million to commercial banks through its GoFX platform as it steps up efforts to support dollar supply in the foreign exchange market. The institution sold US$130 million last Thursday at a rate of GH¢11.77 to the

Annual IMF/World Bank meetings: Ato Forson highlights Ghana’s economic gains and ‘New Economy’ agenda

Joy Online | 2026-10-12, 09:07

Finance Minister Dr Cassiel Ato Forson is set to highlight Ghana’s recent economic gains and outline the government’s forthcoming New Economy blueprint at the Annual Meetings of the International Monetary Fund (IMF) and World Bank in Bangkok, Thailand.

Ato Forson leads Ghana’s push for investment at IMF–World Bank meetings

Joy Online | 2026-10-12, 09:07

Finance Minister Dr Cassiel Ato Forson is leading Ghana’s delegation to the 2026 Annual Meetings of the International Monetary Fund (IMF) and World Bank Group in Bangkok, Thailand, with investment, economic reforms and fiscal stability high on the agenda. The

Stock markets open higher amid easing oil prices

The Siasat Daily | 2026-10-12, 09:07

Mumbai: Benchmark indices Sensex and Nifty climbed in early trade on Monday, October 12, extending their previous session’s sharp rally, amid easing oil prices. The 30-share BSE Sensex rallied 178 points to 72,627.86 in early

The Gulf has entered a new era of instability. If its leaders think they can rely on old alliances, they are wrong

The Observer | 2026-10-12, 08:58

On Saturday, Houthi rebels launched a shocking and deadly attack on Saudi Arabia’s capital city, Riyadh. At the time of writing, the missile strike on King Khalid international airport has killed at least 13 people and left 300 injured, marking a significant

Kenya: Lamu's Fisherfolk Urged to Tap Diaspora Skills, Overseas Job Opportunities

All Africa | 2026-10-12, 08:57

Nairobi -- As coastal communities grapple with the

Nigeria: World Bank Flags $12.4bn Gap in Nigeria's External Accounts

All Africa | 2026-10-12, 08:57

The World Bank has identified a $12.4 billion unexplained gap in Nigeria's external accounts in the first half of 2026, warning that it may partly reflect oil export earnings that were not repatriated to the country. ...

Abu Dhabi Targets Dh235 Billion Investments and 130,000 Jobs by 2045

Gulf News | 2026-10-12, 08:52

As part of Abu Dhabi’s strategy to strengthen its global competitiveness through quality investments, talent attraction, strong partnerships with the private sector and the community, and an innovation-driven economy, the Abu Dhabi Department of Economic

HSBC: 80 years of banking on the UAE’s ambition

Gulf News | 2026-10-12, 08:52

On October 12, 1946, an international bank opened a small branch beside Dubai Creek. It was the first bank ever in Dubai. It was the result of a meeting between Frank Johnson, a manager of the Imperial Bank, with the late Sheikh Saeed Bin Maktoum Al Maktoum

HSBC doubles down on the UAE on 80th anniversary

Gulf News | 2026-10-12, 08:52

As HSBC marks 80 years of continuous operations in the UAE today, it has announced it will open its second wealth centre in the UAE, in Abu Dhabi, later this year.“Last year we opened the first wealth centre, the largest in the region, in Dubai, and later this

UAE Flight Disruptions: Latest Updates on Emirates, Etihad, Air Arabia, flydubai Delays and Cancellations

Gulf News | 2026-10-12, 08:52

Dubai: UAE travellers faced flight disruptions on Monday, October 12, with cancellations and delays affecting services from Dubai, Abu Dhabi and Sharjah. Several flights linking the UAE with Saudi Arabia, including Riyadh, Jeddah, Dammam and Abha, were

UAE-Saudi Flights Disrupted: Emirates, Etihad, flydubai Cancel Services to Riyadh, Dammam, Jeddah

Gulf News | 2026-10-12, 08:52

Dubai: Flight operations between the UAE and Saudi Arabia remain heavily disrupted, with Emirates, Etihad Airways and flydubai cancelling multiple services to Riyadh, Dammam and other Saudi destinations as attacks continue to affect the Kingdom’s

Gold Prices Edge Higher in Dubai as Falling Oil Fuels Fed Pause Hopes

Gulf News | 2026-10-12, 08:52

Dubai: Gold inched up on Monday, October 12, as falling oil prices calmed worries about inflation. Traders now see a better chance that the US Federal Reserve will hold off on more interest rate hikes. Globally bullion is trading slightly lower at

Big win: Manila bests target, raises ₱167.25 billion ($2.91 billion) in retail Treasury bonds

Gulf News | 2026-10-12, 08:52

MANILA, Philippines: The Philippine government surpassed its fund-raising targets for its latest retail bond offering, securing ₱167.25 billion ($2.91 billion) in fresh funding through the 32nd tranche of Retail Treasury Bonds (RTB 32). The total exceeds the

Demetra Holdings buys back 5,057 of its own shares

CyprusMail | 2026-10-12, 08:48

Demetra Holdings Plc bought back 5,057 of its own shares on October 9, 2026, at an average price of €1.35

Eurobank buys back 2.12 million shares for €9.6m

CyprusMail | 2026-10-12, 08:48

Eurobank repurchased 2,120,001 of its own shares on the Athens stock exchange between October 5 and October 9, spending a total of €9,606,163.33 as part of its ongoing share buyback programme. The bank paid an average of €4.5312 per share during