Online shoppers face changes and charges post-Brexit
Online shoppers face changes and charges post-Brexit Consumer buying goods online from the UK face immediate changes with increased VAT and import tariffs when the package is delivered by An Post to their home in Ireland, if Brexit goes ahead at the end of October. On a visit to the An Post Mail Centre in […]
Growth slows in OECD countries; marked slowdown in UK & Germany
Growth slows in OECD countries; marked slowdown in UK & Germany Economic growth across the OECD area slowed to 0.5% in the second three months of 2019. That compared to growth of 0.6% across the organisation’s 36 member countries in the previous three month period. Among the major seven economies, GDP growth slowed markedly in […]
European stocks tumble on trade war blows
European stocks tumble on trade war blows Technology stocks led a tumble in European equities in early deals on Monday as investors fled from riskier assets after another exchange of blows by the United States and China over trade at the end of last week. US President Donald Trump on Friday hit back at a […]
ECB readies big guns as September rate cut beckons
ECB readies big guns as September rate cut beckons The European Central Bank (ECB) will deliver both rate cuts and will pump yet more money into the eurozone’s ailing economy next month. The disclosures came in the minutes of the ECB’s July meeting, the final one to be headed by Mario Draghi, who is credited […]
Multinational cash gives economy healthier glow
Multinational cash gives economy healthier glow NEW data from the Central Statistics Office shows how dependent the economy is on big multinational companies for growth and keeping the budget afloat. The “gross value added” by foreign multinationals last year was €127bn, up almost 14pc from 2017, while the remainder added just 3.9pc according to the […]
Multinational cash gives economy healthier glow
Multinational cash gives economy healthier glow NEW data from the Central Statistics Office shows how dependent the economy is on big multinational companies for growth and keeping the budget afloat. The “gross value added” by foreign multinationals last year was €127bn, up almost 14pc from 2017, while the remainder added just 3.9pc according to the […]
Bad loan sales will continue despite let up in ECB pressure
Bad loan sales will continue despite let up in ECB pressure The European Central Bank (ECB) has increased the time banks get to sort out bad debts but it will not slow loan sales here. Banks will now get more time to set aside cash to cover bad loans after the ECB bowed to pressure […]
Bad loan sales will continue despite let up in ECB pressure
Bad loan sales will continue despite let up in ECB pressure The European Central Bank (ECB) has increased the time banks get to sort out bad debts but it will not slow loan sales here. Banks will now get more time to set aside cash to cover bad loans after the ECB bowed to pressure […]
Fed will remain flexible, rates not on ‘preset course’; minutes
Fed will remain flexible, rates not on ‘preset course’; minutes The US Federal Reserve will remain flexible and interest rates will not be on a “preset course” despite persistent risks from trade uncertainty and weak global growth, the Federal reserve has said. Although the minutes of the Fed’s policy meeting late last month showed officials […]
European shares steady on upbeat PMI data, Italy jumps
European shares steady on upbeat PMI data, Italy jumps European shares traded close to flat on Thursday as upbeat surveys on Germany and the euro zone offset signs that US policymakers had not intended to start a cycle of interest rate cuts with last month’s move. Germany’s DAX shrugged off a weak open, to trade […]