Saturday 21 October 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

  • KBC Bank said rising Irish house prices and reduced mortgages arrears here could boost the Belgian bank's profits by as much as €200m this year.
  • The European Union has imposed provisional import duties of as much as 28.5pc on certain Chinese corrosion-resistant steels after subsidies probe.
  • Next round of Brexit talks to focus on Irish issues, Brexit Secretary David Davis has said.
  • Dublin Airport was the 15th busiest in Europe in the first half of 2017, handling 13.8 million passengers.

Irish Times

  • Cairn rejects Brexit-related approaches for dockland apartments, as commercial landlords eye an opportunity to lease accommodation to financial firms seeking to move staff to Ireland.
  • PTSB has decided to proceed with a plan to sell bundles of its worst-performing mortgages, as it faces mounting pressure from regulators.
  • Profits at one of Ireland’s largest motor dealers, the Joe Duffy Group, jumped 13pc last year as it expanded its operations and network of outlets.
  • Dublin-headquartered card payments technology firm EVO Payments is investing €1.8m in its Irish operations as it enters the British card payments market.
  • Business lobby group Isme has warned about the legal 'coaching' of whistleblowers.

Irish Examiner

  • British vegetarians will have to carry on using UK bank notes that contain traces of animal fat after the Bank of England decided not to switch to another product following controversy late last year.
  • European holidaymakers could turn to destinations such as Bulgaria and Cape Verde if they want to avoid high prices in busy Spanish destinations, the CEO of tourism group TUI said.

Online Editors

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