What it says in the papers – business pages
Here's a look at what it says in the business papers of today's newspapers:
- Insurance firms raided by EU told not to admit swoops – Marsh Ireland has admitted that it was raided, but Aon refused to comment on reports it was the subject of an unannounced swoop.
- Any reductions in the Universal Social Charge (USC) will have to be funded through tax hikes in other areas, EU experts have warned.
- Irish farmers stand to be among the main winners from an agreement between the EU and Japan.
- The chairman and CEO of JPMorgan, Jamie Dimon, has formally confirmed the US investment banking giant's plans to grow its business in Dublin.
- Journalism researchers at the University of London, led by Galway-born Tom Felle, are to lead a major European push to combat 'fake news'.
- Investigators vetting one of US president Donald Trump’s senior nominees to the department of the treasury have zeroed in on his role at a Dublin outfit linked to Argentina’s sovereign debt crisis.
- C&C Group chairman conceded to shareholders on Thursday that the alcoholic drinks company’s foray into the American cider market in 2012 “didn’t work”.
- Facebook, Twitter and Snap are seeking online rights to video highlights from next year’s World Cup, soccer’s most popular tournament, according to sources.
- Crane operators are set to stage industrial action from next week in a dispute over pay that could significantly affect building projects.
- WhatsApp has set up a company in Ireland and plans to establish a small team within Facebook’s Dublin offices to support its customer support team.
- The admission of global consumer goods giant Reckitt Benckiser that a recent global cyber attack cost it millions should be a wake-up call to all businesses warns an Irish cyber security expert.
- The EU’s chief Brexit negotiator Michel Barnier warned British ministers and businesses that frictionless trade will not be possible after Britain leaves the EU.