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 […]