Donohoe Predicts Economy Will Make ‘Good Recovery’ By End Of Year

Donohoe Predicts Economy Will Make ‘Good Recovery’ By End Of Year

Minister for Finance Paschal Donohoe has predicted the economy will make a “good recovery” in the second half of this year, despite national debt having increased by about €35 billion due to the pandemic. Mr Donohoe said the national finances...
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Poots Calls For Action On Removing Barriers To Plant And Soil Imports Into The North

Poots Calls For Action On Removing Barriers To Plant And Soil Imports Into The North

A Stormont minister has urged the UK and Irish governments to take urgent action to address Brexit barriers to importing soils and plants into Northern Ireland. Agriculture minister Edwin Poots said the viability of the region’s agriculture and horticulture ...
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Cost Of Building Apartments In Dublin Falls Up To 9% In Last Three Years

Cost Of Building Apartments In Dublin Falls Up To 9% In Last Three Years

The total development costs of building medium-rise apartments in Dublin have fallen by between two per cent and nine per cent over the past three years, a report has found. It found that the viability of the type of apartment...
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Covid-19 Vaccine Rollout Could See Ireland’s Economy Recover Later This Year

Covid-19 Vaccine Rollout Could See Ireland’s Economy Recover Later This Year

A successful Covid-19 vaccine rollout should see the Irish economy recover in the second half of the year, the governor of the Central Bank has said. An ESRI report last month found that the impact of the Covid-19 crisis has...
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Diageo Expected To Post Lower Sales After Mass Closures Of Bars And Restaurants

Diageo Expected To Post Lower Sales After Mass Closures Of Bars And Restaurants

Smirnoff and Guinness maker Diageo is expected to reveal lower organic sales for the past six months after global trading was hit by the mass closure of pubs, bars and restaurants. Investors will be keen to hear how supermarket sales...
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European Car Sales Fall By Over 23% In 2020

European Car Sales Fall By Over 23% In 2020

European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank by 23.7%, or three million vehicles, to 9.9 million units, according to new...
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Number Of New Start-Ups Falls To Four-Year Low In 2020

Number Of New Start-Ups Falls To Four-Year Low In 2020

The number of new company start-ups in Ireland fell to a four-year low in 2020 as the pandemic hit entrepreneurial activity. The 21,924 start-ups registered last year was four per cent down on 2019 and the lowest figure since 2016...
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Norwegian Air Cancels Transatlantic Flights As It Seeks To Return To Profit

Norwegian Air Cancels Transatlantic Flights As It Seeks To Return To Profit

Norwegian Air, which challenged British Airways and other long-established rivals by launching transatlantic flights, said on Thursday it will end those services and seek government help. The budget airline, founded in 1993, has been forced to ground all but s...
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IBO President John Lee Offers A New York Perspective on the Global Irish Nation

IBO President John Lee Offers A New York Perspective on the Global Irish Nation

Interview by Mike Greenly Founded in 1973, The Irish Business Organization of New York was at its inception an organization named The Irish Insurance and Reinsurance Society. The name reflected that its founding members were insurance professionals. As early a...
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Supermarkets Call For Government Intervention To Prevent Disruption To Food Supplies In The North

Supermarkets Call For Government Intervention To Prevent Disruption To Food Supplies In The North

The UK’s supermarkets have told Government urgent intervention is needed to prevent more disruption to Northern Ireland’s food supplies. Chief executives of Tesco, Sainsbury’s, Asda, Iceland, Co-Op and Marks & Spencer have written to Britain’s...
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