Wednesday 13 December 2017

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

  • Bank of Ireland's outgoing CEO, Richie Boucher, is considering a future role with the Canadian billionaire Prem Watsa.
  • The sharp rise in Irish property prices and lending raises concerns that another bubble may be forming, a global economic think-tank has warned.
  • To avoid roaming bill shock don't listen to 'no charge' claims – Adrian Weckler warns consumers.
  • The CEO of Ireland's biggest taxpayer, Apple, has said any new US tax on companies' overseas earnings should be mandatory with proceeds spent on upgrading US infrastructure.
  • The planned technology campus by Trinity College Dublin (TCD) for the 'Silicon Docks' area of Dublin could entail a capital investment of up to €1.25bn.

Irish Times

  • A Cork businessman is leading a $5m investment in a new technology company that aims to supply medicines in Kenya at discounts of up to 40pc.
  • Institutions seeking to invest up to €3bn in ‘build-to-rent’ sector in Ireland, according to Tim MacMahon, director of development and residential capital markets at CBRE in Ireland.
  • TV3 Group won a 17.9pc share of television viewings in Ireland in May, the highest monthly share in its histroy.
  • Belfast-headquartered support services company Mount Charles Group is to open a dedicated operation in Dublin later this year.
  • Pinterest, the digital scrapbook company, has raised $150m in a funding that raises its valuation to $12.3bn.

Irish Examiner

  • Business organisations have given a broad welcome to a new legislative Act that comes into force tomorrow, saying it will reduce unnecessary red tape and bureaucracy for small business.
  • Recent global cyberattacks have reinforced the need for medical centres to have up-to-date cybersecurity measures in place, a leading expert has said.

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