Saturday, 18 Jan 2025

Business

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Brexit crisis: ‘Beef farmers are on their knees already’ – FarmIreland.ie

Edmund Graham, a beef farmer on the Border, is already counting the economic impact of Brexit. “With beef farmers you might say Brexit has happened already with the cuts in beef prices,” says the father-of-three who is raising his family just a mile from Monaghan town. “Beef farmers are already on their knees and can’t […]

Brookfield plans to buy Oaktree in €4.2bn deal

Brookfield Asset Management is to buy a 62pc stake in Oaktree Capital Group in a cash-and-stock deal valued at about $4.8bn (€4.2bn) the two asset managers said, sending Oaktree shares up 12pc on Wednesday morning. Oaktree shareholders can choose to get either $49 in cash or 1.0770 Class A shares of Brookfield for each Oaktree […]

AIG pays over €46m for Dublin student accommodation

AIG Global Real Estate is “investigating the potential” for making additional investments in Dublin’s student accommodation sector, following its forward purchase for a figure in excess of €46m of Lidl Ireland’s North Quarter scheme in Ballymun. Commenting on AIG’s interest in growing its Irish portfolio further, the company’s head of UK and Ireland residential acquisitions, […]

Top 35 cities for first time buyers – find out where you could buy a home

The scenic city of Bath has been named as the top hotspot for first time buyers in a new property report. Alongside Wolverhampton in second place and Chester in third, it’s been rated the safest and best place to buy for job prospects and even average salaries. The report by MoneySupermarket ranked 35 cities against […]

Morrisons slash the price of ‘hottest ever’ curry to £1.50 each

Morrisons has cut the price of its selection of Indian takeaway meals for customers who love curry nights. Shoppers can pick up several different dishes including classics like Chicken Korma and Lamb Rogan Josh in the promotion for £1.50 – a saving nearly half of the normal £2.75 price. Oh – and the cut price […]

Pound near nine month peak, while Asian shares slip on China data

Asian shares stumbled on Thursday after Chinese data signalled further weakness in the world’s second-biggest economy while the pound eased off nine-month highs ahead of another Brexit vote. Spreadbetters pointed to a weak start for Europe while E-minis for the S&P 500 eased 0.1pc and Dow minis slipped 0.2pc. MSCI’s broadest index of Asia-Pacific shares […]

California jury awards $29 million to woman with cancer who used J&J talc

(Reuters) – A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson & Johnson’s talcum-powder-based products caused her cancer. The verdict, in California Superior Court in Oakland, marks the latest defeat for the healthcare conglomerate facing more than 13,000 talc-related lawsuits nationwide. J&J said it would appeal, citing […]

State legal and expert fees top €7m in Apple case

The State has paid €7.1m (including Vat) in fees to lawyers and experts in relation to the European Commission’s €13bn ruling on state aid to tech giant Apple. According to the latest figures provided by the Department of Finance, legal firm William Fry has received €3.1m in fees over the past five years concerning its […]

Costs of no deal crash-out by UK 'not priced in'

Financial markets are underestimating the risk and potential impact of a hard Brexit, even with just 15 days to go before the UK could crash out of the European Union, the deputy governor of the Irish Central Bank has warned. Ed Sibley, the Central Bank Deputy Governor responsible for prudential regulation, said: “As it stands […]