News

140,000 workers laid off due to coronavirus

It is estimated that around 140,000 people have been laid off work in Ireland because of the measures taken to tackle ...
Read More

Fears for flow of goods after EU border closures

The European Commission (EC) will encourage member states to co-ordinate border closures amid fears that unilateral closures by individual countries could inhibit ...
Read More

US Federal Reserve cuts US rates to near zero

The US Federal Reserve has tonight cut rates back to near zero, restarted bond buying and launched other measures from its crisis-era ...
Read More

Telecoms firms prepared for increased network demand from remote working

Telecoms companies have said they are equipped to handle any increase in traffic over their networks that may come as a ...
Read More

European markets posted their worst one-day drop in history

European markets posted their worst one-day drop in history today, as investors reacted to US President Donald Trump’s decision to ...
Read More

Oil rises 2% but set for biggest weekly drop since 2008

Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite eking out a 2% today, ...
Read More

EU warns against ‘economic disruption’ after Trump Europe travel ban

The EU will today assess the travel ban on Europe imposed by US President Donald Trump, European Council President Charles ...
Read More

Tourism industry says VAT deferral scheme vital

The Irish Tourism Industry Confederation (ITIC) has said a VAT deferral scheme is vital to alleviate serious cashflow pressures in the ...
Read More

Banks urge EU to ease capital rules to fight coronavirus fallout

Europe’s banks have called on European Union authorities to ease capital rules and other regulatory barriers to helping businesses struggling ...
Read More