Tuesday 23 January 2018

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

  • THE CEO of the parent company of Ireland's largest moneylender operation has stepped down after it issued a profits warning and revealed it is being probed by regulators.
  • A dramatic salary surge for women in the sector in just a year has largely closed a gender pay gap among surveyors.
  • Ryanair would be interested in bidding for the whole of insolvent German carrier Air Berlin, but it needs access to more data on the airline's finances – O’Leary.
  • Pre-tax profits at the four-star Mespil Hotel in Dublin last year increased by 17pc to €2.5m.

Irish Times

  • A Dubai-based property management firm led by ex-Bus Eireann chairman has achieved a milestone of $100m worth of assets.
  • Industry sources believe that Chinese groups New Hope and WH could meet little competition in their reported swoop for poultry processor Moy Park.
  • A court date has been agreed to hear the case of Conroy Gold dissident shareholder Patrick O’Sullivan.
  • Tesco’s sales growth in the UK outpaced its main rivals as Britain’s biggest grocer continued its revival.

Irish Examiner

  • Paper and packaging giant Smurfit Kappa Group has extended its presence in Russia.
  • Ireland is highly compliant with new international tax rules and is one of only three countries worldwide to have the highest levels of transparency in its domestic tax system, according to the OECD.

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