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Global markets fall as hopes for further rate cuts fade

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Global markets fell on Thursday amid a slew of economic data that dampened hopes of any more rate cuts in the foreseeable future by the Federal Reserve.

Dublin

Euronext Dublin finished the day up 0.3 per cent with budget airline Ryanair the standout performer on the day, climbing 1.6 per cent.

Cavan-based insulation specialist Kingspan gave up 0.4 per cent following its stellar performance on Wednesday when it finished up 8.2 per cent after it said it is considering floating its advanced building systems unit Advnsys, which could be worth €6 billion.

Among the financial names, there was not much between the banks as AIB and Bank of Ireland finished up 0.4 per cent and 0.3 per cent respectively, largely in line with the index.

Elsewhere, Kerry Group sank 1 per cent a day after the multinational opened its new biotechnology centre in Leipzig, Germany, where it will look to develop its next generation of nutritional products.

London

Stocks in London closed lower as investors turned cautious over inflation risks and the Bank of England’s interest rate outlook, while weakness in medical device makers and healthcare shares added to the drag.

The benchmark FTSE 100 fell 0.4 per cent, its biggest percentage slide in a week. The domestically focused FTSE 250 was down 0.5 per cent.

British medical equipment and services stocks fell 2.3 per cent after the US Commerce Department said it had opened new national security investigations into the import of personal protective equipment, medical items, robotics, and industrial machinery.

Medical equipment maker Convatec Group was the biggest decliner on the FTSE 100, falling 5.6 per cent, while Smith+Nephew declined 1.2 per cent. An index of healthcare stocks also declined 1.8 per cent.

Mitchells and Butlers fell 8.5 per cent after the British pub and restaurant operator reported a weak sales growth compared to the previous quarter.

Petershill Partners jumped 34.2 per cent after the investment group, majority owned by Goldman Sachs, became the latest UK-listed firm to announce plans to delist from the London Stock Exchange, citing dissatisfaction with its share price and valuation.

An index of industrial metal miners continued gains from the previous session, up 1.5 per cent, tracking gains in copper prices. Rio Tinto was the top gainer in the FTSE 100, up 3.5 per cent.

Europe

The pan-European Stoxx 600 index fell 0.56 per cent with med-tech stocks coming under pressure after news of the US opening new import-related probes, and investors focused on Fed commentary.

Euro zone government bond yields nudged higher, tracking US Treasuries after upbeat US economic data, but rate volatility continued to ease with the European Central Bank expected to remain on hold until the end of 2026.

Germany’s 10-year yield, the benchmark for the euro zone, was 2.5 basis points higher at 2.76 per cent, after falling earlier in the session.

New York

Wall Street’s main indexes slumped to their lowest in a week as fresh economic data tempered optimism around further interest rate cuts, indicating a sharp shift in sentiment across a market betting on aggressive easing.

At 11.37am eastern time, the Dow Jones Industrial Average fell 0.12 per cent; the S&P 500 lost 0.4 per cent; while the Nasdaq Composite was down 0.38 per cent.

Shares in Abbot slipped 1.6 per cent and Medtronic fell 2.3 per cent, while the S&P Health Care Equipment index dropped 2 per cent on the day.

IBM shares rose 5.6 per cent after the company unveiled a partnership with HSBC, capping losses on the Dow. The S&P 500 technology stocks were flat, while the broader semiconductor index dipped 0.3 per cent.

CarMax slid to its lowest in more than five years, becoming the biggest loser on the S&P 500, after the used-car retailer reported lower second-quarter profit. Its shares were last down 20 per cent.

Intel rose 6.7 per cent, a day after Bloomberg News reported that the chipmaker has approached Apple about securing an investment. – Additional reporting: Agencies

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Business

CarMax stock plummets 20% following ‘challenging’ quarter

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25 September 2025

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  • Shares of CarMax were down more than 20% on Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.
  • The company’s results included earnings per share of 99 cents compared with expectations of $1.05 and revenue of roughly $6.6 billion versus estimates of $7.02 billion.
  • CarMax CEO Bill Nash described the fiscal second quarter that ended Aug. 31 as “challenging.”
A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California. 
Justin Sullivan | Getty Images News | Getty Images

DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.

CarMax shares earlier in the day were trading under $45 — the stock’s lowest price since March 2020, when the coronavirus pandemic closed down U.S. auto production and many retailers. The stock is down around 46% this year, with a less than $6.7 billion market cap. 

The company’s results included earnings per share of 99 cents and revenue of roughly $6.6 billion, down 6% from a year earlier. Analysts surveyed by LSEG had expected earnings per share of $1.05 and revenue of $7.01 billion.

Other key results, such as sales and net income, were also down compared with a year earlier. The company’s overall vehicle sales fell 4.1% compared with the same period a year earlier, assisting in a roughly 28% decline in net income to $95.4 million.

CarMax CEO Bill Nash described the fiscal second quarter that ended Aug. 31 as “challenging” in the company’s quarterly release. He cited changing market conditions, a pull-ahead in sales earlier in the year due to tariff fear-buying and depreciation in its inventory fleet as some reasons for the company’s lackluster performance.

“For the quarter, each month was down year over year, and each month got a little weaker throughout the quarter,” Nash told investors on the company’s quarterly call on Thursday. “But certainly, we put ourselves in a better position with the start of this quarter, both on an inventory position as well as from a pricing standpoint.”

Shares of other car retailers were also down after CarMax’s results, as many investors and Wall Street analysts watch the company’s performance as an early barometer ahead of other quarterly reporting.

Shares of other vehicle retailers such as Group 1 Automotive, AutoNation, Sonic Automotive, Carvana and Lithia Motors were all down by roughly 5% or less during intraday trading midday Thursday.

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Challenge to BusConnects plan expected to be resolved by removal of Malahide Road stop

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25 September 2025

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The longest-running High Court case against the National Transport Authority’s (NTA) BusConnects programme is expected to be resolved by the removal of a planned bus stop.

An Artane resident in March of last year initiated judicial review proceedings against An Bord Pleanála’s decision to grant permission for the Clongriffin to city centre corridor due to concerns over the location of a bus stop.

The corridor, granted permission by the board in January last year, is one of 12 segregated bus routes planned as part of the €4 billion scheme to transform the capital’s bus services.

Áine Kelly challenged the board’s decision to permit the removal of two existing sheltered bus stops on Malahide Road and to replace them with one unprotected stop outside her home, which is part of a terrace of single-storey cottages with no front gardens.

Ms Justice Emily Farrell said the planning board had “significantly mischaracterised the serious concerns of the resident” about privacy and security at her home and dismissed them as “matters of annoyance or inconvenience”.

Ms Kelly and her neighbours had made several submissions to the NTA during its pre-application consultation process, and to the board during the planning process.

She said she and her neighbours are in favour of the BusConnects project, and the Clongriffin corridor, but opposed to the removal of the two existing stops with shelters and their replacement with an uncovered stop.

The submissions centred on the likelihood that, given there was no space on the footpath for a bus shelter, passengers waiting for the bus would congregate directly outside their homes, blocking windows and doors and compromising privacy and safety.

Buses would run on a 24-hour schedule with up to 30 buses per hour at peak times, the court heard.

In her written judgment this week, Ms Justice Farrell said it required “little imagination” to understand the resident’s submission “as a concern that the adverse impact on their privacy, and their property, including the ability to open windows in their homes, would be worsened by the placing of a bus stop immediately outside” the cottage. This “would necessarily involve the congregating of passengers outside her home”, the judge said.

However, she said neither the board nor the NTA “considered whether an alternative position should or could be found to avoid the consequences” outlined by the resident.

The benefit of addressing the complaints “was not weighed or considered in rejecting the alternatives and preferring the location which had been chosen”.

In dismissing the concerns in relation to the bus stop, the reasons given by the board “were inadequate”, Ms Justice Farrell said. The board’s “mischaracterisation” of the concerns as a matter of “annoyance” was a “failure to understand and correctly characterise the submission of a breach of rights, privacy and security at the dwelling”, which meant “the reason for rejecting the applicant’s submission was legally defective”.

Ms Justice Farrell said she broadly accepted it would be “disproportionate to quash the entire scheme” and has given the parties an opportunity to make further submissions before October 13th.

However, she said the court may decide to amend the board’s decision “for example by maintaining the status quo in relation to one or more adjacent bus stops”.

She made a provisional order quashing the board’s approval of the Artane Cottages stop, pending any submissions.

A spokeswoman for the NTA said “the judgment is still being reviewed and considered”.

Ms Kelly said she did not wish to comment at this time.

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Fotheidil as Gaeilge le fáil ar shraith Netflix, House of Guinness

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25 September 2025

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This article is produced by our Gaeltacht team and an English version can be read here.

AN É “HOUSE of Guinness” an dráma is Gaelaí ar Netflix? Ní hamháin go bhfuil amhráin dhá theangacha de chuid Kneecap le cloisteáil ar an bhfuaimrian agus go bhfuil Gaeilge á labhairt ag cuid de na carachtair agus, den chéad uair riamh, tá fotheidil Gaeilge ar fáil don dráma seo ar Netflix.

Tá House of Guinness luaite i measc na sraitheanna is mó a raibh súil leis ar an ardán sruthaithe le fada an lá agus insíonn sé an scéal faoin rath a tháinig ar an gcomhlacht grudaireachta a thug an pionta don domhan nuair a tháinig na deartháireacha Edward agus Arthur Guinness i réim ag deireadh an 19ú haois.

Mar fhreagra ar fhiosrú ó The Journal, dhearbhaigh Netflix gurb é seo an chéad sraith ar an ardán sruthaithe le fotheidil as Gaeilge.

Dhearbhaigh Steven Knight, cruthaitheoir House of Guinness, gurb é seo an chéad uair go raibh fotheidil Gaeilge in úsáid ar shraith de chuid Netflix.  

“Táim iontach sásta go bhfuil House of Guinness ar fáil le fotheidil as Gaeilge don lucht féachana.

“Tá an Ghaeilge chomh tabhachtach d’ionannas agus do chultúr na tíre agus nuair a chuirimíd an sraith ar fáil do dhaoine sa tslí seo, ligeann sé dúinn an oidhreacht sin a cheiliúradh agus an lucht féachana arbh fhearr leo amharc as Gaeilge a shroichint.”

 Tá éirí amach sa an aer agus cosmhuintir Bhaile Átha Cliath míshásta lena saol bocht agus cuimhní an Ghorta Mhóir fós beo agus tá cuid den mhíshuaimhneas sin dírithe ar mhuintir Guinness, teaghlach saibhir aontachtach Protastúnach. Tosnaíonn an dráma le bás Benjamin Guinness agus a chinneadh a ghnó a fhágáil le huacht idir beirt mhac, Edward agus Arthur.

Go deimhin is radharc dramatúil amach is amach é a chuireann tús leis an ndrámaíocht agus sochraid Benjamin Guinness ag dul ón mharbhlann go dtí Ard Eaglais Naomh Pádraig sa chathair agus na sluaite, á spreagadh ag na Finíní, chun é a ionsaí. Nuair a bhíonn chaismirt idir na Finini agus lucht cosanta na sochraide, bíonn ceol ceannairceach Kneecap le cloisteáil, agus ceol DC Fontaines freisin.

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Anthony Boyle atá i ról Arthur Guinness i House of Guinness Netflix


Netflix

I measc na n-aisteoirí atá páirteach tá Louis Partridge (Enola Holmes) i bpáirt Edward Guinness agus Anthony Boyle(Masters of the Air) a ghlacann role Arthur agus tá slua aisteoirí Éireannacha páirteach chomh maith ar nós Danielle Galligan(Obituary), Dervla Kirwan(Ballykissangel) agus Fionn O’Shea (Normal People).

I measc na n-aisteoirí iomráiteacha idirnáisiúnta atá páirteach sa tsraith tá James Norton ó Shasana a bhain clú amach lena ról i leithéidí Happy Valley. Níl aon Ghaeilge le cloisteáil óna bhéal cé gur chuir sé roinnt dua ar féin chun  a chuid féin a dhéanamh de chanúint na príomh chathrach.

Tá Gaeilge le cloisteáil ó charachtair éagsúla i measc pobal tuaithe na hÉireann nuair a théann duine de na príomh charactairí, Anne Plunkett (Neé Guinness), ar chuairt i gcaraiste faoin tuath. Buaileann tinneas í agus tagann bean chun cabhrú léi, bean feasa b’fhéidir, agus is Gaeilge a bhíonn á labhairt ag an mbean seo leis an slua atá ag iarraidh Anne Plunkett a ionsaí.

Údar iontais a bhaineann le House of Guinness, áfach, go bhfuil fotheidil Gaeilge le fáil ar an tsraith atá ar an ardán sruthaithe Netflix. Is féidir leis an lucht féachana an Ghaeilge a roghnú ó réimse leathan teangacha ina n-airítear Spáinnis, Bascais, Rúisis agus Eabhrais.

Níl aon dráma eile ar Netflix faoi láthair le rogha d’fhotheidil as Gaeilge agus beidh le feiceáil an leanfaidh sraitheanna eile an sampla atá leagtha síos ag an gcomhlacht léirithe Kudos, comhlacht atá lonnaithe i Londain agus atá tar éis sraitheanna ar nós SAS Rogue Heroes, Then You Run, Tin Star agus Grantchester a léiriú go rathúil roimhe seo.


Mr1965JOE / YouTube

Is cinnte go neartóidh House of Guinness an gaol idir an leann dubh agus teanga dhúchais na tíre, nasc a raibh ag buaic a réime sna 1970í nuair gurb é an fógra ‘An tOileán’ leis an rosc catha ‘Tá siad ag teacht’ ceann de na fógraí teilifíse ab íocónaí ón am.

Tá tacaíocht á fháil ag Beartas Gaeltachta The Journal ón Scéim Tuairiscithe ar Dhaonláthas Áitiúil 

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