Tuesday, 28 May 2024

Business

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Scheme to help non-European partners of Irish to work here

A new pre-clearance process is to be introduced to help non-European partners of Irish citizens live and work in Ireland. The scheme aims to speed up the permission process and allow applicants to apply from overseas and work in Ireland without delay. Justice Minister Charlie Flanagan launched the “streamlined” process to make it easier for […]

'Major emergency': Leaked documents raise fears that hard Border will be reality

Ministers fear the country will be plunged into a “major national emergency” in a no-deal Brexit after leaked documents revealed the UK now expects a hard Border on the island of Ireland. The dire warning appears in the UK’s no-deal contingency planning, codenamed Operation Yellowhammer, which was published by the ‘Sunday Times’ yesterday. The leaked […]

My way or the Huawei – Trump to make key decision

US President Donald Trump is set to make a key decision on Chinese tech firm Huawei today that holds the key to relations between the two countries amid brinkmanship in a burgeoning trade war. The escalating trade war between the world’s two economic superpowers has caused stock markets across the globe to tank and increased […]

U.S. President Trump does not want to do business with China's Huawei

WASHINGTON (Reuters) – U.S. President Donald Trump on Sunday said he did not want the United States to do business with China’s Huawei even as the administration weighs whether to extend a grace period for the company. Reuters and other media outlets reported on Friday that the U.S. Commerce Department is expected to extend a […]

Royal warrant-holder CH&CO has Mitie appetite

The outsourcing group Mitie will continue its transformation this week with a £90m deal to offload a controlling stake in Gather & Gather, its catering arm, amid continued political pressure on the industry. Sky News has learnt that Mitie will announce plans to sell a majority shareholding in the unit to CH&CO, a contract caterer […]

JPMorgan to brief clients on volatility in equity markets

(Reuters) – JPMorgan Chase & Co (JPM.N) plans to host a conference call for clients on Tuesday to address recent market moves, after last week’s inversion of the U.S. Treasury yield curve and a sharp sell-off on global stock markets. “In the wake of a rather violent decline in yields, inversion of the curve, and […]

Airbnb records 30% growth rate in first-quarter on booking strength: source

(Reuters) – Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the matter said on Friday, a key number that could help pull in investors as the home-sharing company plans its foray into the public market. The San Francisco-based home rentals […]

Trump says he is having dinner Friday with Apple CEO Cook

BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized for not manufacturing more of its products in the United States. “Having dinner tonight with Tim Cook of Apple. They will be spending vast sums […]

Student Loan Watchdog Job Given to an Industry Executive

The Consumer Financial Protection Bureau’s new student loan watchdog is a former executive from a loan servicer that has repeatedly come under fire from government auditors — and even the consumer bureau itself — for a trail of serious mistakes. The agency on Friday named Robert G. Cameron, previously a top compliance official at the […]

Amazon.com defeats IRS appeal in U.S. tax dispute

(Reuters) – Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary. In a 3-0 decision, the 9th U.S. Circuit Court of Appeals in Seattle upheld a 2017 ruling by the […]