Top Stories

Peloton draws a line under its Irish exit with shuttering of local company

The fitness tech company’s closure of its Irish subsidiary ends a brief presence in Ireland. It last had just over a dozen staff three years ago but had once been tipped to be much bigger.

Several residents involved in domestic violence and fire risks at multi-million-euro refugee centre

Incident logs for Tetratch Capital's CityArk aparthotel reveal three cases of domestic, sexual or gender-based violence in two years, alongside persistent fire safety issues caused by unauthorised cooking in rooms at the Citywest facility.

Wellman’s new owner is plotting a rebound for the recycling business

British firm UG Group bought Cavan’s Wellman International out of examinership last year. Chief executive Magnus Hammick talks to The Currency about his plans for the business.

Who was there first? EirGrid and fisherman settle Dublin Bay access row – again

For the fifth time in one month, extensive High Court time was devoted to sorting out the rights of sea users under what the judge described as “a somewhat obscure licensing system”.

BP’s ouster of its chairman brings more turmoil after years of upheaval

Albert Manifold was an industry outsider tapped to oversee a turnaround at BP after years of upheaval. Now his abrupt departure has the major oil company facing a fresh bout of turmoil, write Matthew Dalton, Adam Whittaker and Ben Dummett, The Wall Street Journal.

Death of an offshore wind farm: What it cost when Sceirde Rocks pulled the plug

Multinational Macquarie Group, Canadian financial investor Ontario Teachers’ Pension Plan, and even the men who began developing the offshore wind farm in 2002, stand to lose tens of millions from the failure.

Profit/(care): The investor clash inside one of Ireland’s largest nursing home groups

In 2020, the French-owned Emera Group bought a majority stake in nursing home operator Virtue. Now the founders of the €150m business claim they are being oppressed by the private equity-backed investor.

Phoenix built an empire of cubicle jobs. AI is coming to tear it down

The metropolis is the country’s call-center capital—for now. Artificial Intelligence is piling on offshoring losses, decimating careers that were once a sure path to the middle class., writes Konrad Putzier, The Wall Street Journal.

Top Voices

The verdict is in: Social media giants failing to police their platforms

Over the last year, the Irish-based Appeals Centre Europe examined 24,000 cases from social media users looking to overturn platform decisions to remove content or ban accounts. It has also flagged serious issues with social media giants leaving hate speech on platforms.

As SpaceX IPOs, X reveals the decline of its Irish-based business

The Dublin office of the social media platform formerly known as Twitter has lost revenue, haemorrhaged staff and accumulated legal disputes under Elon Musk’s ownership. Meanwhile, its competitors thrived.

Permanent standby: Why has the State’s arms overflight probe stalled?

The 20-month investigation into alleged arms overflights to Israel has effectively become a permanent "work in progress", raising doubts about the State's convictions on Palestine, neutrality, and rule of law.

The nonsense of Brexit is still so popular that no party will advocate reversing it

If economic success doesn’t move voters in Poland, economic failure doesn’t move them in the UK. In today’s fractious politics, it is all about the tribe.

The age of uncertainty has become business as usual: The week that was

Twelve months after describing a world gripped by volatility and uncertainty, Kroll chief Jacob Silverman says companies and capital markets are proving more resilient in the face of geopolitical turmoil, AI disruption and cyber threats.

The 15-year apprenticeship: Why Noel McNamara may be Bordeaux’s secret weapon in Bilbao

Nienaber against McNamara is the most fascinating coaching subplot of the weekend. The contest that decides the game might well be the one between the South African defensive engineer and the Clare man with the maths degree.

Paul Flynn: What we are really seeing is the spread of hope. Sometimes hope is all we need

From Westmeath’s breakthrough to Kerry-Donegal intrigue, the football championship is becoming something you can’t afford to miss.

Meta layoffs point to Ireland’s new tax risk: PAYE receipts

Tech multinationals pay a disproportionate amount of income tax, USC, and PRSI. While the spotlight has been on potential swings in corporation tax, AI-driven job cuts, too, could threaten Ireland’s budget balance.