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 pages of today's newspapers:

Irish Independent

  • Spanish borrowing costs jumped yesterday as investors were unsettled by the violent police crackdown during an independence vote in Catalonia.
  • Ryanair and Mytaxi have both fallen out of the top 100 brands in the annual Irish Customer Experience report from CX Company, the digital solutions provider.
  • Stats, the American Sports data and intelligence giant, is to open its European, Middle Eastern and African headquarters in Limerick, creating over 100 high-quality jobs by 2020.
  • Pre-tax profits at Al Hayes Motors, one of the largest motor dealerships in the west of Ireland, last year declined by 47pc to €1.16m in spite of a jump in revenues.

Irish Times

  • Bank of Ireland is understood to be reviewing its €900m information technology scheme as its new CEO took over yesterday.
  • Former Dublin Airport chief executive Kevin Toland could be paid more than €2m as Aryzta chief.
  • Property group Ires Reit has lost its appeal against a decision refusing it permission to build almost 500 apartments in an area of Dublin with high demand for new homes.
  • One51, the Dublin-based rigid plastics manufacturer, says IPO best for shareholders amid 'speculative' bids.

Irish Examiner

  • Even as Catalonia serves a reminder that political risks remain, the eurozone’s year of living dangerously is turning out well for the economy.
  • Pre-tax profits at medical device manufacturer Clearstream Technologies fell 12pc to €23.47m last year.

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