Business Irish

Thursday 19 July 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 Government has been urged to put as much emphasis on maintaining competitiveness as it did on pulling the economy back from the brink as sterling falls.
  • Draghi's successor at ECB should be picked on merit, Mr Draghi is not eligible to serve again after his eight-year term, which ends in late 2019.
  • Up to 70 Central Bank staff members are on secondment at any one time to international bodies, such as the European Central Bank.
  • Almost all retail sectors are enjoying strong sales growth, but for most this is coming at the expense of discounted prices, a report claims.

Irish Times

  • US investors indicate support for housing co-op in Ireland which would buy up to €5bn of distressed mortgages.
  • Losses at the firm that runs the Square shopping centre in Tallaght Dublin fell by €77,222 to €1.1m last year.
  • The loss of a big contract with US coffee giant Starbucks appears to have triggered the recent slump in Greencore shares.
  • Jeff Immelt, the former General Electric chief executive, has taken himself out of the running for the top job at Uber.

Irish Examiner

  • Time to get a better measure of tourism’s benefits on the economy as the summer draws to a close.
  • The postal regulator is to warn An Post that there is limited scope for any further significant price increases over coming years.

Online Editors

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