Saturday 18 November 2017

What it says in the papers: business pages

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

Irish Independent

  • State-owned AIB has increased its share of the mortgage market at the expense of rivals Bank of Ireland, KBC and Permanent TSB.
  • Irish businesses looking to expand to Britain are being offered free office space in the heart of London with the launch of telecoms company Magnet Networks' BrEntry initiative.
  • Taxi app Hailo's merger with Daimler subsidiary mytaxi launches in Ireland today.
  • It's another busy week for analysts and investors with a host of companies due to report full-year results.
  • Today it's the turn of Irish Ferries parent Irish Continental Group (ICG), whose comments on the effect of the Brexit vote should be instructive.
  • A 26-year-old physiotherapist who developed an app to support people with Parkinson’s disease has been named Ireland’s Best Young Entrepreneur.

 

Irish Times

  • An organisation that promotes business in the capital, Dublin Town, could be dissolved if traders do not vote to renew its mandate.
  • A $300m share sale by glass and metal container company Ardagh has moved a step closer after the company filed a number of documents last week with US regulators.
  • Greencore has hired Davy food analyst Jack Gorman as its new head of investment.
  • The average price for a hotel room in Dublin rose by 15pc with occupancy rates currently the highest in Europe.
  • Consumer confidence levels in Ireland are now at the same level as 2007.
  • Vodafone is to invest €500m in its Irish infrastructure over the next three years.
  • The management company in charge of Harold Cross Greyhound Stadium had losses €53,575 in 2015.

 

Irish Examiner

  • Negative equity per  borrower has fallen to 6pc per borrower, down from a peak of 13pc in 2013.
  • Two of Scotland’s best-known financial firms, Standard Life and Aberdeen Asset Management, are in talks over a €12.7bn merger.
  • The opportunities for financial for firms in Limerick will be discussed at a meeting of financial services experts in Dublin later this month.
  • Almost 95pc of drivers had said that rising premiums will be a “very important” issue for them in the year ahead.
  • Ride services company Uber has admitted using a secret tool that has allowed it to circumvent the efforts of enforcement officials.

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