Sunday, 29 Dec 2024

Business

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Trump says U.S. may not impose more tariffs on China

WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list. Trump […]

Delta orders 10 A330neo in boost to Airbus' slow-selling jet

PARIS/CHICAGO (Reuters) – U.S. carrier Delta Air Lines (DAL.N) said on Friday it ordered 10 Airbus (AIR.PA) A330neo long-haul jets, becoming the first U.S. airline to operate the next-generation of Airbus aircraft and giving a boost to the slow-selling European model. The A330neo purchase, first reported by Reuters, is a welcome endorsement from an influential […]

Europe battles Brexit blues, Wall Street faces tech stress

LONDON (Reuters) – European stocks slipped again, and sterling and the euro remained volatile on Friday, as one of the most dramatic twists yet in the Brexit process compounded another turbulent week for world markets. London, Paris and Frankfurt struggled to maintain a modest early bounce [.EU] having been battered the previous day when Britain’s […]

Construction firm Entekra opens Irish HQ as construction begins on $30m Californian hub

Construction firm Entekra has officially opened its new European headquarters in Ireland, which is creating 100 new jobs in the local area. The new skilled jobs at the Monaghan facility were announced in May of this year after the company raised $55m in investment funds. Funding was mainly raised from New York-listed Louisiana-Pacific Corporation, a […]

Brexit front and middle in light week for data

LONDON (Reuters) – Brexit will be foremost in investors’ minds in the coming week, though a smattering of data will offer further indications as to how much global economic growth, bogged down by politics and trade wars, is slowing. British Prime Minister Theresa May is fighting for her political life after the draft divorce deal […]

When Getting Money Hurts

When a 31-year-old stepped up to the microphone at a recent New York City conference on women and money, she asked a surprising question: “What do you do when getting money hurts?” She had been sexually assaulted in the military when she was 22, she said, and was finally receiving disability payments because of the […]

Flood Insurance: Knowing When the Risk Justifies the Cost

Coastal areas flood just as surely as the sun rises and sets over the ocean’s waves. Rivers overflow their banks and fill the basements of homeowners who enjoy great views. And although lakes and ponds pose less of a problem — drought has depleted many — with enough rain, anything is possible. Add the intensifying […]

Weak credit growth raises odds of first China rate cut in years

SHANGHAI/BEIJING (Reuters) – China’s stubbornly weak credit growth has spurred talk of its first cut in benchmark lending rates in three years, but economists and policy insiders say concerns about a potential knock to its currency will likely give the central bank pause. While the People’s Bank of China (PBOC) has already slashed banks’ reserve […]

Sky Views: Tech sector's 'creepy cults' can ruin lives

Ian King, business presenter A charismatic entrepreneur, who favours wearing black turtleneck jumpers, drops out of college, sets up a business in Silicon Valley and becomes a billionaire. Not Steve Jobs, the late Apple founder, but Elizabeth Holmes. Deliberately modelling herself on Jobs, she dropped out of her chemical engineering course at Stanford University at […]

Profits rise by 7pc at medical firm Cook

Pre-tax profits at medical device firm Cook Ireland increased by 7pc to €5.87m last year. New accounts filed by Limerick-based Cook Ireland Ltd show that revenues increased marginally from €564.79m to €565.m. The directors said the business had a target in 2017 to grow sales, despite ongoing pressure on healthcare budgets in many countries. The […]