Business Today |
Thursday, 24 April, 2025 | | |
Editor's Note |
Good morning, reader |
Intel workers face yet more uncertainty, amid reports the hobbled chip maker plans to axe as much as a fifth of its global workforce. It’s the latest trouble to hit the firm’s staff after what is now a years long crisis at the company. Jack Horgan-Jones has the story with the Government in the dark on the scale of any cuts here, while Stephen Farrell is on the ground in Leixlip. Mark Hilliard meanwhile looks at a
timeline of the company’s recent woes while Cantillon assesses how bad the hit may be for Ireland. Staying with the tech world, the EU has fined
Apple and Meta a combined €700 million, stirring the ire of the two tech giants. Jack Power has the details. Away from tech, Cantillon isn’t happy with pharma chiefs’ suggestion the EU should allow drug prices to match US levels, while also highlighting the significance of insurers here using in house reinsurance and its impact on their Irish profits. |
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Peter Flanagan |
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Richard Cantillon
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