Sunday 22 October 2017

What it says in the papers – business pages

Ellie Donnelly

Ellie Donnelly

Here's a look at what it says in the business papers of today's newspapers:

Irish Independent

  • UK manufacturing surged to a three-year high last month, highlighting the boost the weak pound is giving Britain's factories.
  • A €1bn technology and enterprise campus being planned by Trinity College in Dublin will be a "global talent magnet" for the city.
  • A German software company has asked the High Court for a European-wide injunction preventing internet giant Google from infringing what it claims is its trademark.
  • Legendary investor George Soros has criticised plans by property group Kennedy Wilson Europe (KWE) to merge with its US sister firm in a deal that includes about €1bn of Irish assets such as hotel and shopping centres.
  • Italy's Industry Minister Carlo Calenda is set to appoint three commissioners to run Alitalia after the airline asked to be placed under special administration.

Irish Times

  • The Central Bank is to assess whether lenders broke debt restructuring regulations for distressed home loans.
  • M&S has become involved in a major financial dispute with its landlord at the Frascati shopping centre in Blackrock.
  • CRH has launched a bond sale in the US as it seeks to refinance $650m (€596m) of expensive debt ahead of schedule.
  • Apple has reported a surprise fall in iPhone sales for its second quarter.
  • The number of people with private health insurance from the three open membership health insurers increased by 152,397 in the two years to January 1 2017.

Irish Examiner

  • Incidents of terrorism have taken their toll on traditional Irish holidaymaker destinations such as Disneyland Paris and Kusadasi in Turkey, the boss of the Irish Travel Agents Association (ITAA) has said.
  • A High Court trademark infringement case which resulted in a €35k award will cost €2m in legal fees, a judge has said.
  • Irish consumer confidence remained shaky last month with new car sales continuing their slide with a 24pc year-on-year decline.

Online Editors

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