Saturday 18 November 2017

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

  • Some of Ireland's most secretive private companies could be forced to reveal detailed financial data for the first time, under radical plans unveiled in the UK.
  • Giving in to unrealistic pay demands will mean less investment in public service, according to Maeve McElwee, director of employer relations at IBEC.
  • Ulster Bank parent RBS is preparing to slash more than £1bn (€1.17bn) of costs by cutting jobs and closing branches as it seeks to bolster profitability, according to a source with knowledge of the plans.
  • Key releases on inflation for the United States, Britain and China are due this week, forecast at 2.4pc, 1.9pc and 2.4pc respectively, according to Reuters polls.
  • National grid operator EirGrid is planning a €1bn high-voltage power line connecting Ireland with France capable of transmitting enough electricity for 450,000 homes.
  • Artificial intelligence technology aimed at giving consumers a cheaper option when it comes to drawing up legal documents has been developed by an Irish company.

Irish Times

  • Ires, the largest private landlord in the country, has been refused planning permission for an apartment development in Dublin’s Sandyford.
  • Erratic weather in Mediterranean countries is having a profound effect on the price of olive oil.
  • Eir will be the first Irish provider that allows customers to use their Wifi to make calls. The Wifi calls will be made through the phone company’s native dialler system.
  • Voters in Switzerland have rejected an amendment that would have altered the country’s corporation tax regime which would have brought it in line with international standards.
  • Kerry-based payments company Monex recorded revenues in excess of €100m for the first time last year. The company processes over 190 million card transactions in over 48 countries each year.
  • Venture capital entrepreneur Nicola McClafferty has joined tech investor Draper Espirit.

Irish Examiner

  • Fears about the impact on Donal Trump’s effect on multinational investment have been overstated, according to UCC economist Declan Jordan.
  • The start of 2017 has been an exhausting time for traders as they seek to price in risk brought about by the election of Donald Trump and Brexit.
  • Irish policymakers need to address the number of vacancies across the country if the housing crisis is to be solved.

Online Editors

Promoted Links

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Also in Business