Oil Prices Go Negative as Demand Continues to Collapse in Pandemic
April 20, 2020 No Responses

Oil Prices Go Negative as Demand Continues to Collapse in Pandemic

Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic, while traders do not want to get stuck owning crude with nowhere to store it. Stocks were also slipping on Wall Street in afternoon...
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Irish Government to Launch Recruitment Campaign for Fruit Pickers
April 17, 2020 No Responses

Irish Government to Launch Recruitment Campaign for Fruit Pickers

The Government is to launch a national recruitment campaign to advertise for temporary workers for the horticulture sector from the many tens of thousands who have been temporarily laid off due to the Covid-19 pandemic. It comes as concerns were...
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No Income Tax Rises Despite Spending Pledges on Coronavirus Response – Donohoe
April 17, 2020 No Responses

No Income Tax Rises Despite Spending Pledges on Coronavirus Response – Donohoe

The finance minister has ruled out income tax increases despite pledging to increase public spending to deal with Covid-19. Paschal Donohoe has denied accusations a framework document drawn up by Fine Gael and Fianna Fáil to encourage smaller parties to...
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Cash Spending Down by a Half, Card Usage by a Third During Coronavirus Pandemic
April 15, 2020 No Responses

Cash Spending Down by a Half, Card Usage by a Third During Coronavirus Pandemic

Card spending in Ireland dropped by almost a third while cash usage more than halved in the first week of April, according to Central Bank of Ireland. The public has been encouraged to use contactless payments instead of cash while...
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Countries Around The World Struggle to Emerge from Lockdown
April 15, 2020 No Responses

Countries Around The World Struggle to Emerge from Lockdown

Governors across the US are devising plans to gradually reopen their economies without prompting a strong second wave of coronavirus. In Italy, Spain and other places across Europe where infections and deaths have begun to stabilize, the process is already...
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Heathrow’s Chief Executive Calls for Global Standard on Airport Testing
April 14, 2020 No Responses

Heathrow’s Chief Executive Calls for Global Standard on Airport Testing

Global governments should agree a common standard on medical screening at airports, the boss of Heathrow has said. Chief executive John Holland-Kaye claimed a single system for assessing passengers’ health will help demand for air travel recover from the cor...
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Oil Deal in Sight After Mexico Reverses Course and Signs Up
April 10, 2020 No Responses

Oil Deal in Sight After Mexico Reverses Course and Signs Up

Opec and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production. Even more countries, including the United States, were discussing their own cuts in what would be an...
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Diageo Warns of Major Hit to Business from Global Shutdowns
April 9, 2020 No Responses

Diageo Warns of Major Hit to Business from Global Shutdowns

Johnnie Walker and Guinness owner Diageo has warned that the speed of the shutdown across the world is hitting the business even harder than before. Bosses at the company highlighted several areas which have worsened in the past month following...
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New Study Suggests Financial Aid Package Will Cushion Coronavirus Job Losses
April 9, 2020 No Responses

New Study Suggests Financial Aid Package Will Cushion Coronavirus Job Losses

The financial aid package unveiled by the Government will significantly cushion incomes from Covid-19-related job losses, according to a new study. Published by the Economic and Social Research Institute (ESRI), the research simulates the impact that large num...
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Coveney Hopes UK Will Be ‘Pragmatic’ In Regard To Brexit Transition Period
April 6, 2020 No Responses

Coveney Hopes UK Will Be ‘Pragmatic’ In Regard To Brexit Transition Period

Tanaiste Simon Coveney said he “hopes” the UK government will be “pragmatic” in what it seeks regarding the Brexit transition period. Mr Coveney said the consequences of the outcome of the Brexit negotiations are “extraordinarily important” for Bri...
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