The company expects to generate $2 million in gross profit per employee this year following recently announced layoffs, up from $1 million in 2025, write Mark Maurer and Walden Siew, The Wall Street Journal.
Filings show new directors were recently appointed to 21 core companies in the Coldec Group for the second time in the past year. The group has taken in over €176m in State payments since 2022.
John Moran says he won a mandate for change and he has been driving it hard, convinced that the prize is big for Limerick and Ireland. Amid the fallout, there is a challenge: locating the truth in the fog of conflict and the murk of accusation and counter-accusation.
Last month, creditors of former Immedis boss Ruairí Kelleher agreed to an interpleader hearing to establish who would get what share of a roughly €8m receivership pot. That was thrown into disarray when one creditor moved to swoop the lot.
Beijing has quashed drinking at official events, the latest blow to a once-booming wine market, writes Jon Emont, The Wall Street Journal.
The president backtracked on his threat to strike Iran’s power plants after a series of closed-door discussions led by Middle Eastern intermediaries, write Summer Said, Alexander Ward, Benoit Faucon and Laurence Norman, The Wall Street Journal.
John Moran became Ireland's first directly elected mayor in 2024. Willing to upset even JP McManus, he compares his uncompromising approach to Roy Keane's – but a three-month investigation including more than 40 interviews reveals deep divisions.
Revenue is carrying out a “comprehensive analysis” of PRSA payouts between 2023 and 2025 to determine the loophole's impact before it was closed off. Early evidence points to an exploited system.
Damaged infrastructure likely to take years to come back online, but price surge helps offset some of the lost production for now, write Collin Eaton and Matthew Dalton, The Wall Street Journal.
First the Commercial Court, then New York. Now a new strike by Goldstein Property, advised by Mel Sutcliffe's Quanta Capital, is to try and block joint receivers selling commercial property assets secured on Relm loans.
© 2026 Currency Media Limited
