Business News
Europe’s Q3 earnings outlook deteriorates as trade war, Brexit bite European companies are heading for their worst quarterly earnings in three years as revenue drops for the first time since early 2018, according to the latest Refinitiv data. The results will underscore concerns about Europe Inc’s deteriorating health. Companies listed on the STOXX 600 regional […]
Read MoreFTSE drops for 5th straight day after slew of profit alerts London’s FTSE 100 fell for the fifth straight session on Thursday as profit warnings from tobacco firm Imperial Brands, Aer Lingus owner IAG and education company Pearson weighed down the blue-chip index. The FTSE 100 gave up 0.2pc, as Imperial and BAT shed 9pc […]
Read MoreMortgage approvals see annual rise of 4.1% in August New figures show that the number of mortgages approved rose by 4.1% in August on an annual basis, while they fell by 15.1% compared to July. The Banking & Payments Federation Ireland, which is urging an extension of the Help to Buy scheme in next month’s […]
Read MoreGovt should consider supplementary Budget to respond to Brexit – ESRI The Economic and Social Research Institute has said the Government should consider a supplementary Budget in the New Year to respond to Brexit. Next month’s Budget will be drawn up on a “disorderly Brexit” scenario. In its latest Quarterly Economic Commentary, the think-tank warns […]
Read MoreUK factory output expectations plunge to 10-year low British factories’ own expectations for output fell in September to their lowest in more than 10 years, according to a survey that showed Brexit and a global slowdown weighing on manufacturing. The Confederation of British Industry’s (CBI) monthly manufacturing order book balance fell to -28 in September […]
Read MoreUK factory output expectations plunge to 10-year low British factories’ own expectations for output fell in September to their lowest in more than 10 years, according to a survey that showed Brexit and a global slowdown weighing on manufacturing. The Confederation of British Industry’s (CBI) monthly manufacturing order book balance fell to -28 in September […]
Read MoreSmall firms need UK-style tax breaks to ‘fight back’, compete post-Brexit – Dublin Chamber BUDGET 2020 must help small, indigenous companies to compete with a “more attractive” UK, chambers of commerce leaders told an Oireachtas committee yesterday. Dublin Chamber chief executive Mary Rose Burke, whose organisation represents more than 1,300 businesses, said capital gains tax […]
Read MoreSmall firms need UK-style tax breaks to ‘fight back’, compete post-Brexit – Dublin Chamber BUDGET 2020 must help small, indigenous companies to compete with a “more attractive” UK, chambers of commerce leaders told an Oireachtas committee yesterday. Dublin Chamber chief executive Mary Rose Burke, whose organisation represents more than 1,300 businesses, said capital gains tax […]
Read MorePound tumbles 1% as investors fear ‘never-ending limbo’ in UK politics The pound fell 1% today against the dollar, ceding gains made the previous day after the Supreme Court’s ruling against Prime Minister Boris Johnson. Investors are pricing in many more months of Brexit and general election risk. Boris Johnson was dealt a blow by […]
Read MoreOil prices fall due to weak economic data, Saudi output recovery Oil prices fell today after weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand. The drops also came as Saudi Arabia said it could restore oil output faster than anticipated following attacks last week. Brent crude futures […]
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