Business – Page 24 – Irish Examiner USA

October 2, 2020 No Responses

Number Claiming Pandemic Unemployment Payments Jumps By 10,000 Last Week

The number of people claiming the pandemic unemployment payment (PUP) jumped by 10,801 last week, new figures show. It is the first weekly increase since the number of people on the scheme peaked at 602,107 at the start of May....

October 1, 2020 No Responses

House Price Inflation At Highest Rate In Three Years

National house price inflation is now at its highest level in more than three years, a new report shows. According to the latest house price report from MyHome.ie, asking price inflation rose by 5.2% nationally in the third quarter of...

September 28, 2020 No Responses

Industry Group Warns That 100,000 Jobs In The Tourism Sector At ‘Imminent Risk’

The Government has been called on to urgently intervene to safeguard 100,000 Irish tourism sector jobs at “imminent risk” due to Covid-19. The Irish Hotels Federation said the sector was facing an exceptionally grim outlook and needed additional government...

September 25, 2020 No Responses

Pilots’ Union, Management Reach Deal To Avoid easyJet Compulsory Redundancies

A deal has been agreed to avoid compulsory job losses among pilots at airline easyJet, their union has announced. The British Airline Pilots Association (Balpa) said there had been a breakthrough in negotiations following months of talks with management. The.....

September 24, 2020 No Responses

Former VW Chief Executive To Face Trial For Market Manipulation

A German court has ruled former Volkswagen chief executive Martin Winterkorn must face trial on a second set of charges in the company’s diesel emissions scandal. Thursday’s announcement by the Braunschweig state court followed a decision earlier this mont...

September 23, 2020 No Responses

Elon Musk Reveals Tesla’s New Battery Technology To Shareholders

Tesla is working on new battery technology that chief executive Elon Musk says will enable the company within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge. But the...

September 22, 2020 No Responses

Wetherspoon Warns Of 450 Job Cuts At Its Airport Bars In The UK

Pub chain Wetherspoon has announced plans that could see it cut up to half of its jobs at pubs in six UK airports. The company said it had written to its 1,000 airport staff to warn them that between 400...

September 20, 2020 No Responses

Norwegian Air Receives Extended Loan Guarantees

Norway’s government has extended loan guarantees for the country’s airlines, including Norwegian Air, by two months until the end of 2020, the Industry Ministry said on Sunday. Norwegian Air secured a state aid package of 3 billion Norwegian crowns...

September 17, 2020 No Responses

P&O Cruises Cancels All Cruises In 2020

P&O Cruises has extended the suspension of sailings until early next year due to the coronavirus pandemic. The cruise line said the decision was taken due to “evolving restrictions on travel”. The firm had previously cancelled sailings until November ...

September 13, 2020 No Responses

Bank Of England Expected To Keep Interest Rates At Historic Low

The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the economy accelerates out of the record recession caused by the Covid-19 lockdown. But the latest decision...

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