Saturday 18 August 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

  • One in four banks have disappeared from the eurozone since the onset of the financial crisis as banking collapses and a wave of mergers continue to radically reduce the sector's scale.
  • Underlying profits at Dublin-based ASL Aviation dipped 5pc last year to €7.9m, despite revenue soaring to €738m from €377m.
  • Tesco and SuperValu are now neck-and-neck in the battle to be Ireland's biggest grocery chain.
  • Food exports from the European Union to the rest of the world have increased 42pc in volume in the past five years to €84bn.

Irish Times

  • Building apartments in Dublin is much more expensive than constructing a three-bedroom semi-detached house.
  • Recruitment service provider CPL Resources will return €25m to shareholders after a proposal for a tender offer was accepted.
  • David Dilger is set to begin a new chapter in his career as non-executive chairman of Eason, the State’s biggest bookseller.
  • Two extra charges have been brought against developer Deirdre Foley, who is facing trial over the handling of redundancies at Clerys department store in Dublin.

Irish Examiner

  • Spanish government bonds and stockmarkets are not panicking over Catalonia because any secession by the region would have limited effects on Madrid’s finances and economy.
  • Shares in CRH jumped by more than 2pc on the back of the building materials company receiving approval for its takeover of US cement manufacturer Ash Grove.

Online Editors

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