Business – Page 19 – Irish Examiner USA

February 1, 2021 No Responses

Ryanair Expects ‘Most Challenging Year’ In Its History

Ryanair said it is braced for “the most challenging year” in its 35-year history and expects to post a full-year loss of nearly €1 billion. The Dublin-based low-cost carrier said coronavirus continues to “wreak havoc across the industry” and is...

January 31, 2021 No Responses

More Than One In Ten Furloughed In The North At End Of 2020

More than one in 10 employees were on furlough in Northern Ireland at the end of last year, official statistics show. Close to half were employed in accommodation provision, food service, or wholesale and retail, according to data from the...

January 28, 2021 No Responses

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...

January 27, 2021 No Responses

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 ...

January 26, 2021 No Responses

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...

January 25, 2021 No Responses

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...

January 22, 2021 No Responses

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...

January 19, 2021 No Responses

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...

January 18, 2021 No Responses

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...

January 14, 2021 No Responses

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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