Thursday 22 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

  • Competitiveness concerns in Dublin, allied with the Brexit risk to rural Ireland, present the greatest risk to the economic outlook, according to a report published this morning.
  • Dozens of top-tier financial institutions along with several sovereign wealth funds snapped up shares in AIB's initial public offering but no single investor gained a disclosable stake, according to senior sources.
  • Greater regulation of our building standards would make it easier to fund social housing, according to Charles Barry a Regional Leader at Marsh Ireland, a global leader in insurance broking and risk management.
  • The European Central Bank's long-running ultra-lose monetary policy may be nearing an end according to Jens Weidmann, who sits on the central bank's rate-setting Governing Council.

Irish Times

  • The Ibec division that represents the drinks industry wants a 15pc cut in excise duties in the budget for all categories of alcohol, a move that would costs the exchequer up to €223m.
  • South African bank Investec is planning to put together a new €75m venture capital fund to support early stage, high-growth Irish companies.
  • The United States government has appealed its own Supreme Court in a case involving US law enforcement's efforts to gain access to emails held on Microsoft servers in Dublin.
  • Donald Trump's plans to repatriate US corporation tax from countries like Ireland is a "non-starter" the Democratic governor of Virginia, Terry McAuliffe.
  • A new report on the Irish economy from EY predicts that economic growth in the Republic will average 2.6pc until the end of the decade.

Irish Examiner

  • Attempts by cybercriminals to sell password credentials of British MPs is a timely reminder that ‘password hygiene’ is the safest way to protect yourself online, a leading cybersecurity expert has warned.
  • As Irish employment numbers continue to rise and economic recovery continues to take hold, the issue of health and wellbeing in the workplace is increasingly in focus.

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