: Syndicated

Comment: Economic data and sentiment are becoming detached

SMEs are the engine of the Irish economy. They make a major contribution to economic development and employment. Their performance is very closely linked with overall economic health, including to consumer sentiment – because people’s confidence in their own finances and purchasing ability influence the performance of SMEs. Businesses’ confidence is equally important; the more […]

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US Reit gets go-ahead for €400m Dublin data centre

A MAJOR stock market-listed US real estate investment trust, CyrusOne, has been granted planning permission for a massive €400m data centre in Dublin. It will be the Dallas-based company’s first data centre project in Ireland and will significantly boost its global data centre footprint. Nasdaq-listed CyrusOne, with a $6.6bn (€7.5bn) market capitalisation, currently has more […]

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Everything, including CAP, will be hit if there is a hard Brexit

Everything will be hit, including CAP, if there is a hard Brexit, RTE Europe Editor Tony Connelly told a recent Brexit conference. “The EU budget would be impacted and CAP would come under attack,” Mr Connelly said, adding though, that he was of the view that the Commission didn’t want a radically cut CAP budget […]

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Thousands left without welfare payments after system crash causes delay

A European payments system crash left thousands of people without vital payments. People who receive social-welfare payments, such as child benefit and farm assist, found there were no funds in their accounts yesterday morning. An industry-wide issue affected European payments across a number of banks. People whose payments were due to be paid into accounts […]

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Small firms fear Brexit tariffs and CAP budget cuts

Tariffs, currency fluctuations and corporation tax were among the concerns raised by more than 230 small business owners and interest group representatives at a Brexit event yesterday. The event held in Loughrea, Co Galway, and organised by Supermac’s, was addressed by RTE Europe editor Tony Connelly, and Farmers Association president Joe Healy. Among the concerns […]

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Manufacturing growth falls in September

Growth in the Irish manufacturing sector fell slightly in September. The Irish Manufacturing Purchasers Managers’ Index (PMI) recorded a reading of 56.3 for the month, down from the seven month high of 57.5 reported in August. Any reading over 50 is deemed growth. Overall, and the manufacturing sector continued to perform strongly in September, according […]

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Jobs mainly done by men most likely to be hit by AI

Traditionally male-orientated jobs are most likely to be impacted by advances in technology, according to a leading academic. As further advances in robots or artificial intelligence (AI) are developed, Professor Brian Fitzgerald, director of Lero, the SFI Irish Software Research Centre, told the Irish Independent that jobs that involve “mundane” tasks will be most affected. […]

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