Business News

EU weighs laws to force euro clearing trade out of City

14th June 2017

The European Union plans to give itself powers to move euro clearing business away from London’s financial sector to the EU after Brexit and to adopt a model closer to that operated by the United States. The draft law would, as a last resort, force euro-denominated clearing business to shift from London to the bloc […]

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Analysis: Tearing up plumbing to spite the financial plumber is daft

14th June 2017

Until recently Euro clearing was an obscure corner of the financial markets that mattered mostly to the people who worked in it and their clients. Clearing is part of the plumbing that keeps financial markets churning along. Clearing houses stand between the parties to big financial trades and speed up what can be complex transactions. […]

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Holidaymakers ‘taking risks over travel cover’

14th June 2017

Holidaymakers are taking huge risks by not buying adequate travel insurance, a financial expert has warned. Families are leaving themselves financially exposed by having no travel cover in place or by having inadequate insurance. Many holidaymakers rely on the fact they have health insurance, but this often does not cover them for claims if they […]

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Irish Business Monitor June 2017

13th June 2017

Your Business Live, Ireland’s major SME event brings you the Irish Business Monitor – an indicator for businesses in Ireland, in partnership with SFA, IBEC and Enterprise Ireland. Please answer our survey to ensure that your business is part of this monitor across sectors, industries and regions. Your contribution is important to us. Your Business […]

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Oil price spikes higher on trader bets despite supply glut

13th June 2017

Oil rose on Monday to break a three-day losing streak, after futures traders increased their bets on a renewed price upswing even though rising US drilling helped keep physical markets bloated. Brent crude futures were up by 85 cents at $49 per barrel by midday, after hitting a session high of $49.15. US West Texas […]

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End of roaming fees – but mind Facebook and WhatsApp use

13th June 2017

Mobile phone charges for roaming calls and texts in the EU are to finally end this week. However, consumers are being warned that they could still face steep EU roaming bills for using services such as Facebook, WhatsApp and Instagram. The new EU-wide law comes into force on Thursday, June 15. Under the rules, all […]

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Varadkar: Theresa May’s failure to win a majority might result in a softer Brexit

12th June 2017

Taoiseach-designate Leo Varadkar said on Monday that Theresa May’s failure to win a majority in last week’s election might result in a softer Brexit. Varadkar said that members of Northern Ireland’s DUP, who May is looking to for support in government to achieve a working majority, and the Scottish wing of the Conservative party would […]

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Varadkar: Theresa May’s failure to win a majority might result in a softer Brexit

12th June 2017

Taoiseach-designate Leo Varadkar said on Monday that Theresa May’s failure to win a majority in last week’s election might result in a softer Brexit. Varadkar said that members of Northern Ireland’s DUP, who May is looking to for support in government to achieve a working majority, and the Scottish wing of the Conservative party would […]

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Construction activity growth rises sharply – the fastest seen since February 2016

12th June 2017

Activity in Ireland’s construction sector accelerated sharply last month and at one of the fastest rates in the 17-year history of the Ulster Bank Construction Purchasing Managers’ Index. Figures released this morning show the sector continues to remain upbeat. The index rose to 63.6 in May, compared to 61.3 in April. Any figure over 50 […]

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Construction activity growth rises sharply – the fastest seen since February 2016

12th June 2017

Activity in Ireland’s construction sector accelerated sharply last month and at one of the fastest rates in the 17-year history of the Ulster Bank Construction Purchasing Managers’ Index. Figures released this morning show the sector continues to remain upbeat. The index rose to 63.6 in May, compared to 61.3 in April. Any figure over 50 […]

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