What it says in the papers – business pages
Here's a look at what it says in the business papers of today's newspapers:
- State forestry agency Coillte could be paying a dividend to the State of around €30m to €40m within three to four years, chief executive Fergal Leamy has said.
- Easyjet is likely to announce a decision during the summer on which European country it has secured an air operator's certificate (AOC) in.
- The Toyota motor group is understood to be in the process of establishing its own bank in Ireland so it can provide car finance directly to customers.
- Britain has rejected a raft of key European Union Brexit demands as Prime Minister Theresa May's government steps up its fight with leaders in Brussels before negotiations begin.
- G7 maintains watered-down pledge to promote free trade as financial officials from some of the world’s largest trading powers have pinned their hopes of a breakthrough in economic diplomacy on meetings with US President Donal Trump later this year.
- Cyber security experts have warned businesses to be wary of ransomware attacks when opening their email boxes this morning.
- The UCD Smurfit business school has been ranked 48 in the world and 26 in Europe in the ranking of open enrolment programmes.
- Ulster Bank, AIB, Permanent TSB, and Deloitte have come together to establish a pilot project that will explore new block-chain technology designed to improve the speed, resilience and security of the domestic payment systems.
- Tenders provide €9bn in new business opportunities in Ireland but not all tenders are awarded — costing Irish companies at least €300m a year.
- A Dublin start up, Sirius XT, is in the final stages of developing an innovative new X-ray microscope which is expected to prove a powerful tool in the global war against disease.