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Ireland jumps to fifth in the world for competitiveness

Ireland jumps to fifth in the world for competitiveness Ireland has become the fifth most attractive country in the world to do business in, according to a new study. Ireland has risen by two places in the latest BDO International […]

Bund yields stay negative as recession fears mount

Bund yields stay negative as recession fears mount Germany’s benchmark 10-year bond yield held below zero on Monday and close to its lowest levels in more than two years as fears grew that the world economy was headed for recession. […]

Irish bank shares and sterling hit amid Brexit political chaos

Irish bank shares and sterling hit amid Brexit political chaos Irish bank shares and the pound fell sharply yesterday as investors confronted the possibility of a no-deal Brexit. With Ireland’s economy significantly exposed to a no-deal scenario, Permanent TSB lost […]

‘Challenging’ year on the energy market, according to ESB

‘Challenging’ year on the energy market, according to ESB ESB delivered “satisfactory results” in 2018 in what was a challenging year on the energy market, according to the company’s chief financial officer. ESB reported an operating profit of €455m last […]

Business people buying almost 25% of Irish farmland – report

Business people buying almost 25% of Irish farmland – report Almost 25% of farmland sold in 2018 was bought by business people, the Irish Farmers Journal Agricultural Land Price Report for 2018 shows. Almost 7,800 acres of farmland was bought […]

Oil prices fall despite tighter global supply

Oil prices fall despite tighter global supply Oil prices fell yesterday, dragged down by concerns about global economic growth as the US-China trade dispute rumbled on, but receiving some support from tightened supply. International Brent crude oil futures were at […]

New mortgage lending increased to nearly €9bn last year

New mortgage lending increased to nearly €9bn last year New mortgage lending in the Republic rose by €1 billion to nearly €9 billion last year, according to the Central Bank. This was the largest annual increase since 2009. However, the […]

Revenue sets sights on value of private shares

Revenue sets sights on value of private shares Revenue is plotting a crackdown on shareholders of private companies who undervalue their stakes in tax returns. The rules on valuation apply to all unquoted companies – whether it is a large […]

Household debt shrinks to 2003 levels but economic risk remains

Household debt shrinks to 2003 levels but economic risk remains Even though household and company debt remain high by international standards, they have fallen sharply and may now be in line with the underlying fundamentals of the economy, according to […]

Deutsche and Commerzbank consider merger cuts as talks enter endgame

Deutsche and Commerzbank consider merger cuts as talks enter endgame Deutsche Bank and Commerzbank are now getting down to the finer details of just how a takeover could actually work. With talks expected to last at least four weeks, there’s […]

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