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Business Today |
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Monday, 08 June, 2026 | | |
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Editor's Note |
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Good morning, reader |
South Korea’s stock benchmark plunged nearly 9 per cent on Monday, tripping circuit breakers, after robust US jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech-heavy market that had powered the broader AI rally.
Delays to the completion of a power line linking the Irish and French electricity networks could increase the costs of the project to about €2 billion from €1.62 billion previously, according to some calculations. Barry O’Halloran has the details.
More than 6,000 retired staff who formerly worked for the State-owned CIÉ bus and rail companies should receive their first pension increases in nearly 18 years in the coming weeks, Minister for Transport Darragh O’Brien has indicated. Martin Wall reports.
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Ciarán Hancock |
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