What it says in the papers – business pages
Here's a look at what it says in the business papers of today's newspapers:
- Ryanair yesterday reiterated its criticism of Air Berlin's asset fire sale as an agreement to carve up Germany's second largest airline looks set to be agreed by September.
- Bank of Ireland's incoming chief executive, Francesca McDonagh, is understood to have met with the lender's senior executives in the past few weeks.
- Aviva's 'insurance man of endurance' has paid off with investors having good reason to be a lot more chipper than they were five years ago.
- Markets await signs of concern from Mario Draghi on the euro, with the ECB president commenting sparingly on currency swings since taking office in 2011.
- Frankfurt and Dublin are emerging as the winners of the race race to snap up the post-Brexit banking spoils, a board member of Germany’s Bundesbank has said.
- Cost of crane drivers’ dispute could soon top €1.5m a week, claims the Construction Industry Federation.
- Asset managers Union Investment, Erste and Acadian have banned investments in German carmakers from some of their funds.
- A crowdfunding campaign has been set up to establish a co-working space in Newmarket Square in Dublin’s Liberties.
- Engineers Ireland said Ireland must produce more engineers at a quicker rate to keep up with demands on infrastructure and technology.
- New EU regulations take effect today that will see some of Ireland’s biggest companies publishing information on a range of policies.