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Dublin: 6°C Saturday 5 December 2020

Business - Yesterday’s News

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Business - Thursday 3 December, 2020

Bank of Ireland warns customers not to fall for investment scams

The bank issued a fraud alert today following an increase in reports of incidence of investment fraud.

Business - Tuesday 1 December, 2020

Fiscal watchdog criticises 'surprisingly large' public spending by government unrelated to Covid-19

The IFAC warned that new levels of spending will remain after the pandemic.

Business - Monday 30 November, 2020

Topshop owner Arcadia on the brink of bankruptcy — union expresses 'deep concern' over hundreds of Irish jobs

But the company tells staff that it will reopen its Irish stores this week as planned.

Business - Saturday 28 November, 2020

Retailers prepare for 'make or break' Christmas run-in with longer opening hours and 24-hour shopping

Non-essential retailers will be allowed to re-open from next Tuesday.

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Business - Friday 27 November, 2020

'There is a real risk of delays': Survey shows over half of Irish firms have not made Brexit customs plans

Tánaiste Leo Varadkar has appealed to businesses to step up their planning.

Business - Thursday 26 November, 2020

Brexit and global Covid-19 setbacks represent biggest threats to Irish economy, says Central Bank

Mortgage transactions have recovered since the summer, according to the latest data.

Business - Wednesday 25 November, 2020

Hopes for a swift economic recovery in 2021 have faded, says ECB

A resurgence of the virus has weakened euro area growth forecasts.

Business - Sunday 22 November, 2020

Explainer: Why it's taken a pandemic to get sick pay back on the government agenda

An employment law expert explains the current legal situation and the government’s options.

Business - Friday 20 November, 2020

Tánaiste expects Eir customer care 'to improve' after meeting with telecoms company

TDs offices have been inundated with poor customer service complaints from constituents.

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Business - Wednesday 18 November, 2020

'Uncertainty and irritation': IBEC chief Danny McCoy takes aim at NPHET members over communications

IBEC has called for an early exit from Level 5 for retailers.

Business - Monday 16 November, 2020

'We have to get the doors open before Christmas': Retailers and pubs call for clarity on re-opening

The Vintners Federation of Ireland said outdoor-only service is “useless” for many pubs.

Grocery sales boomed in October ahead of Level 5 restrictions

Compared to last year, 50% more Irish shoppers have bought their Christmas turkey already.

Business - Thursday 12 November, 2020

'Not the time to play politics': Businesses and unions unhappy with Stormont deadlock over lockdown measures

Some businesses plan to reopen regardless of what the Executive decides.

KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures

However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.

Business - Wednesday 11 November, 2020

Central Bank of Ireland seeks €110 million for its Spencer Dock office building

Proceeds from the sale will be used to offset the costs of its North Wall Quay expansion.

TikTok to create 200 new jobs in Ireland as company files last-minute petition against Trump order

TikTok faces a Thursday deadline to restructure ownership of the app in the United States to meet US security concerns.

Business - Monday 9 November, 2020

Ireland 'far behind the curve' on gambling laws as warning sounded on 'insidious' loot boxes in video games

The long-awaited gambling regulator will review laws around loot boxes in video games – but it isn’t clear when it’ll be set up.

Business - Sunday 8 November, 2020

The Fed, the Senate and stimulus: How might the election shape American responses to the economic crisis?

The results of this week’s election may further complicate the American response to the economic crisis.

Business - Wednesday 4 November, 2020

'A proxy for the future of work': California votes to exempt Uber from new state labour law

Uber and Lyft donated tens of millions of dollars to the campaign.

US drug company Perrigo fails in High Court bid to overturn €1.64 billion Irish tax demand

Revenue issued the revised tax demand after an audit of the company in 2016.

Business - Tuesday 3 November, 2020

US 'deeply concerned' about EU data ruling, says Trump's Commerce Secretary

Ross was opening a roundtable discussion on the future of Irish-American economic relations

Motor insurance premiums rose 35% in a decade despite a massive drop-off in claims

Industry profit margins were up from 9% in 2018 to 10% last year.

Business - Friday 30 October, 2020

Eurozone: Stormy weather ahead despite a better-than-expected third quarter rally in GDP

New data shows a slight worsening of jobless figures while prices continue to tumble.

Explainer: What exactly are the rules for essential and non-essential retailers and how can they be enforced?

What penalties are in place for businesses that break the rules?

Business - Thursday 29 October, 2020

European Central Bank nods towards more stimulus in December as virus surges across Europe

In the meantime, the governing council decided to keep its monetary policy unchanged.

Business - Sunday 25 October, 2020

It won't be anything like a normal Christmas but some retailers are hopeful online sales will keep things ticking over

Business owners wonder what the shortened seasonal lead-in will mean for them.

Business - Saturday 24 October, 2020

Explainer: Why are some non-essential retailers continuing to operate in Level 5?

What exactly do the government guidelines say about retailers?

Business - Tuesday 20 October, 2020

US government sues Google over its 'illegal monopoly' on internet search and advertising services

The case is one of the country’s biggest antitrust lawsuits in decades.

'There is no logic to it': Garden centre owners wonder why they're being forced to close their doors in Level 5

Along with other ‘non-essential’ retailers like bookshops, they can operate online.

Business - Monday 19 October, 2020

'It's going to be a disaster for us': Retailers call for clarity and support ahead of tightening of Covid restrictions

Business owners aren’t holding out hope for all retailers to be deemed essential.

Business - Friday 16 October, 2020

Explainer: What's going on in Manchester and why are politicians rejecting government-imposed lockdown?

Regional revolt is threatening Boris Johnson’s pandemic plans.

Employees could be given a legal right to request home working, Tánaiste says

Leo Varadkar said the idea is being considered as part of a public consultation.

Business - Thursday 15 October, 2020

'A major blow': Shannon and Cork airport bosses call for more government support after Ryanair base closures

Calls for rapid airport testing have been backed by the chair of Dáil Covid Committee.

Business - Wednesday 14 October, 2020

Morning Memo: The morning after a bonanza Budget and spotlight on the IMF's latest global forecast

Few big ideas but the government tried to treat the symptoms in Budget 2021.

Business - Tuesday 13 October, 2020

Explainer: How will motorists be affected by today's Budget announcements?

A major overhaul of the VRT system was announced in today’s Budget.

Bar owners say they were 'given assurances' that insurer FBD would cover losses caused by Covid-19

The High Court heard further submissions in a case taken by bars against the insurer.

Explainer: How will the government's new Covid support scheme for businesses work?

Applications for the scheme will open next week.

Incomings and outgoings: Here is a very (very) basic guide to the State's finances

How has Covid hit the State coffers so far?

Business - Sunday 11 October, 2020

Safety first, selection boxes second: What will Christmas week look like in Irish supermarkets this year?

Tesco Ireland’s chief operating officer has urged shoppers not to panic.

Business - Friday 9 October, 2020

Finance Minister issues stark warning about what Level 5 would mean for unemployment

Paschal Donohoe says this is his greatest concern in relation to possible restrictions.

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