[ad_1] Elon Musk tweeted a complaint about Tesla’s stock price that erased $ 14 billion (€ 12.7 billion) from the company’s stock value on Friday morning. The seven-word tweet was the latest controversial outburst by the outspoken CEO, whose outpourings on Twitter have brought him to a critical point before. An incorrect claim in mid-2018 … Read more
[ad_1] Budget airline Ryanair is drawing up plans to cut as many as 3,000 jobs and close bases in Europe, as the airline addresses the massive downturn in business caused by the coronavirus outbreak. Accusing European governments of unfairly bailing out major competitors, the budget airline announced a restructuring program on Friday that includes plans … Read more
[ad_1] The Army was the largest single buyer of new cars in April, as sales collapsed 96 percent. Total new car sales were just 344 last month, with the delivery of 25 new SUVs to the Army, part of a broader contract, making the Toyota Land Cruiser the best-selling vehicle in April. With travel restrictions … Read more
[ad_1] McDonald’s has said it will reopen its first UK restaurants for delivery on May 13 after closing all its sites in Ireland and the UK due to the coronavirus blockade. He said he will reopen 15 restaurants in the UK for delivery only, and that the location of these restaurants will be announced next … Read more
[ad_1] Independent.ie reporters keeping you up to date with the latest coronavirus news in Ireland and across the world. 08:15 04/01/2020 Irish people spent more money on day lockdown was announced than they did over Christmas, AIB data reveals Irish people spent more money in the supermarket on the day that Taoiseach Leo Varadkar announced … Read more
[ad_1] Ryanair said today that it would take at least two years for passenger demand to return to normal, which could result in the loss of up to 3,000 mainly pilot and cabin crew jobs at the airline. The airline is also looking to implement pay cuts of up to 20% as well as the … Read more
[ad_1] Amazon emerged as one of the big winners of the coronavirus pandemic on Thursday, announcing it had revenues of $ 75.4 billion (€ 69 billion) in the first three months of the year – over $ 33 million an hour. Jeff Bezos, Amazon’s founder, said the company’s shareholders should “take a seat” because the … Read more
[ad_1] German discount giant Lidl says it couldn’t have anticipated the demand which saw hundreds of people queue outside its shops from dawn this morning for deals on barbecues and garden furniture. Angry customers vented their fury online about the lack of social distancing in some of the queues, and the lack of special-deal products … Read more
[ad_1] Shoppers around the country were stuck in “crazy” queues outside Aldi and Lidl Ireland shops as their specials went on sale. Both supermarkets bring out some of their special buys on Thursdays and people were happy to queue in the rain to get their hands on goods this week. In Lidl it was summer … Read more
[ad_1] Irish borrowers affected by the economic crisis caused by Covid-19 will be able to extend the interruptions in the repayment of the loans from three to six months after the banks and other lenders and mortgage administrators signed an extension of a relief plan announced the month past. More than 65,000 mortgage payment interruptions … Read more