Business Irish

Thursday 27 July 2017

What it says in the papers – business pages

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

Irish Independent

  • Snapchat tries to calm parents' fears in row over 'map' as some media have speculated that the feature could be used as a stalking tool.
  • Irish credit has been left unchanged by the Central Bank despite sharp rise in property prices.
  • Assets of Europe's oldest bank bank are hived off as it nears a final deal with an Italian bank bailout fund.
  • Plans by An Post to take on the banks with the launch of a new current account have hit a stumbling block, as postmasters are refusing to co-operate with the roll-out of the new product.
  • High tax stopping 'reluctant' owners selling companies resulting in many Irish businesses stagnating.

Irish Times

  • Ryanair rejects claim of privilege over sources in a row over an allegedly defamatory TV programme.
  • The Bank of England has put the breaks on rocketing consumer credit as confidence collapses following the snap general election.
  • Stockbroker Merrion Capital has upgraded Kingspan to a ‘buy’ rating in the wake of the Grenfell Tower tragedy.
  • Ultra-rich ranks grow in Ireland with 85 new multimillionaires created in Ireland in 2016.
  • Waterford Airport’s State funding this year will depend on a planned new service from the Airport to Britain.

Irish Examiner

  • Rupert Murdoch’s £11.7bn (€13.2bn) bid to take full control of Sky has been given the green light by regulators in Ireland, leaving the UK’s decision the last remaining hurdle for the deal.
  • The Dublin Airport Authority (DAA) is projecting that passenger numbers at Dublin Airport will increase by a further 3.2 million people to 31.1 million by 2020.

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