Friday 27 April 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

  • Businesses are to revive the Alliance for Insurance Reform a decade and a half after it was successful in bringing about huge changes.
  • International markets are increasingly looking to Ireland for potential opportunities due to Brexit, with a fivefold increase in the number of Chinese delegations visiting here.
  • Pre-tax profits at the Arrow Group, one of the largest meat processors in the country, last year increased by 53pc to €37.73m.
  • 'Homelessness being exploited for business,' says Web Summit co-founder Paddy Cosgrave.
  • Printer and PC spin-out HP Inc becomes tech giant's top performer after breakup.

Irish Times

  • Profits more than doubled at Bon Secours Health System last year due to an increase in patient volumes.
  • Bank of America, which already has an operation in Dublin, is looking to Paris or Frankfurt for post-Brexit trading hub.
  • Facebook went down temporarily for some of its more than 2 billion global users after a technical error caused a glitch that blocked access to the social network.
  • The Central Bank finds close to 900,000 people 'nonemployed' with the bank having created a measure to track trends related to discouraged workers.
  • The CIF want the Government to set up a fund that will allow small companies in the industry to borrow cash to build homes.

Irish Examiner

  • Norwegian Air has again opened the door to a flight between Cork and New York, saying testing on its new aircraft to see its capabilities will begin shortly.
  • British employers’ willingness to hire and invest has fallen to its lowest since last year’s vote to leave the EU.

Online Editors

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