Business News
Euro zone factory activity contracted for third month in April – PMI Euro zone factory activity contracted for a third month in April, hurt by weak global demand, rising trade protectionism and concerns over Britain’s upcoming departure from the European Union. IHS Markit’s April final manufacturing Purchasing Managers’ Index registered 47.9, beating March’s six-year low […]
Read MoreServices growth slows in April as Brexit hits sales – PMI Growth in the country’s services sector slowed in April, adding to signs that the economy began the second quarter at a more moderate pace amid the global slowdown. The AIB services purchasing managers’ index slipped to 54.7 from 55.3 in March. While the reading […]
Read MoreECB still has ammunition left to fight recession – Lane The European Central Bank’s policy arsenal has not been depleted and fiscal policy could help stimulate investment, the ECB’s incoming executive Board member Philip Lane has said. Investors fear the ECB’s window to potentially raise interest rates has closed, meaning it has little in its […]
Read MoreECB still has ammunition left to fight recession – Lane The European Central Bank’s policy arsenal has not been depleted and fiscal policy could help stimulate investment, the ECB’s incoming executive Board member Philip Lane has said. Investors fear the ECB’s window to potentially raise interest rates has closed, meaning it has little in its […]
Read MoreThe country’s manufacturing sector grew in April at the slowest rate since the aftermath of Britain’s vote to leave the EU, a survey showed today. This comes as new orders expanded more moderately in a Brexit-related record month for stocks of finished goods. The economy has weathered the uncertainty created by the June 2016 vote. […]
Read MoreIrish banks have higher concentration of property loans than European peers – Central Bank Central Bank shows that Irish banks have a higher concentration of property lending than their European peers – with the concentration mainly in residential property. But in a Financial Stability Note, the Central Bank said the banking system here has increased […]
Read MoreIrish banks have higher concentration of property loans than European peers – Central Bank Central Bank shows that Irish banks have a higher concentration of property lending than their European peers – with the concentration mainly in residential property. But in a Financial Stability Note, the Central Bank said the banking system here has increased […]
Read MoreEuro zone Q1 economic growth stronger than expected, unemployment falls The euro zone economy grew more than expected in the first quarter, rebounding from a slump in the second half of 2018, new data showed today. Meanwhile, unemployment in the euro zone fell to its lowest in more than a decade, the data also revealed. […]
Read MoreEuro zone Q1 economic growth stronger than expected, unemployment falls The euro zone economy grew more than expected in the first quarter, rebounding from a slump in the second half of 2018, new data showed today. Meanwhile, unemployment in the euro zone fell to its lowest in more than a decade, the data also revealed. […]
Read MoreUnemployment rate remains at 5.4% in April – CSO New Central Statistics Office figures show that the country’s unemployment rate remained at an 11-year low of 5.4% in April. The CSO said the seasonally adjusted number of people who were without a job stood at 129,700 in April, a decrease of 10,200 when compared to […]
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