Business Irish

Saturday 24 February 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

  • Cash from the old National Pension Reserve Fund could pay for a ramp-up in housebuilding, according to draft proposals drawn up for Housing Minister Eoghan Murphy.
  • US private equity firm Bertram Capital is understood to have paid more than $48m (€40m) for a majority stake in Dundalk-based Anord Control Systems.
  • Blue Bottle deal highlights how big companies are seeking exposure to fast-growing premium brands driven by the so-called millennial generation.
  • Germany's Free Democrats (FDP) yesterday ruled out joining a post-election coalition with Chancellor Angela Merkel.

Irish Times

  • Regulators want tour operators to contribute 20pc of their turnover to shoring up a fund used to compensate consumers for failures.
  • IDA hoping to win 900 jobs with European Medicines Agency – Dublin is one of 19 cities vying for EU’s medicines regulatory agency.
  • Telecoms firms, including Vodafone, Sky and BT, are considering a boycott of Eir’s wholesale network in parts of rural Ireland in a row over pricing.
  • A trade row between Bowing and Bombardier which could threaten thousands of jobs in the North is expected to dominate an official visit by the British prime minister to Canada today.

Irish Examiner

  • Ireland’s tallest building, the Elysian Tower in Cork city, is expected to fetch more than €100m when it goes on sale in the coming weeks.
  • Some seven in 10 Irish people do not have a will — including a third of over 55s, according to a survey by insurance fund Royal London.

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