What it says in the papers – business pages
Here's a look at what it says in the business papers of today's newspapers:
- Michael O'Leary was bullish in face of the costs hike threat from yesterdays EU court ruling, with Ryanair insisting that the ruling does not change the status quo of its thousands of crew members.
- Eir's main investors are in talks that could see a majority stake in the business sold to a foreign telecoms company.
- The European Union wants to centralise market supervision and make banks pay for it, its financial services chief said.
- Just over three in 10 households in Ireland don't have a fixed broadband connection, according to the latest data from Eurostat.
- One of Ireland's top 'YouTubers', Daithi De Nogla, generated more than €1m from his YouTube channel last year.
- Dublin-based Swrve, a mobile and social marketing company, has closed a $25m (€21m) Series D funding round.
- Left unchecked, the housing crisis has the potential to become the biggest constraint on growth in the economy, Deloitte has warned.
- The pound has risen after the Bank of England ramped up its hawkish rhetoric yesterday.
- Conroy Gold’s biggest investor believes the company used its own rules to frustrate shareholders’ efforts to shake up its board, the High Court heard on Thursday.
- Deutsche Börse to pay €10.5m to end insider trading investigation.
- Páirc Uí Chaoimh will not only be a huge resource to the city’s sporting life, but also to business and the Cork economy, according to business figures in the region.
- Finance Minister Paschal Donohoe says a mid-term capital spending review will identify the best ways to spend an additional €4.1bn earmarked on transport, education and housing in the coming years.