Irish-based tech giants whose non-Irish employees returned home to work remotely when the Covid-19 pandemic hit are now exposed, along with their employees, to significant tax, immigration and social security implications, it has emerged.
That a deal should fall through during a pandemic is not a huge surprise. But that Goodbody's sale to a Chinese buyer has fallen through for a second time is something of an embarrassment to executives at the firm in any circumstances.
The largest US air carriers have all signed letters of intent on federal loans to help them weather the novel coronavirus, with United Airlines warning employees that a surge in outbreaks was hitting bookings, threatening a travel rebound.
Deutsche Bank has admitted it made a "critical mistake" by taking on the registered sex offender Jeffrey Epstein as a client, and agreed to pay a $150m (€132.7m) fine to settle New York charges over its dealings with the late financier and two other banks.
Germany's industrial production rebounded in May, rising by 7.8pc on the month after falling by a revised 17.5pc in April, the Statistics Office said on Tuesday, in the latest sign that Europe's largest economy is recovering after lockdown.
From a 2,997-point rout in the Dow to two 9pc single-day rallies in the S&P 500, the 2020 stock market has served up a raft of tantalising sessions for would-be market timers. Hours came and went in which whole years could be made or lost.
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