Business News

Oil jumps 3% towards $64 as US drone downed in Gulf

21st June 2019

Oil jumps 3% towards $64 as US drone downed in Gulf Oil rose more than 3% towards $64 a barrel today after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington. Expectations that the US Federal Reserve could cut interest rates at its next meeting, stimulating growth […]

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14.1% of Irish households have income above €100,000 – CSO

21st June 2019

14.1% of Irish households have income above €100,000 – CSO New figures from the Central Statistics Office show that median gross income for households stood at €45,256 in 2016. The incomes ranged from a low of €32,259 in Donegal and €34,800 in Leitrim to a high of €66,203 in Dún Laoghaire-Rathdown and €58,795 in Fingal. […]

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Household deposits see biggest quarterly increase since 2008

19th June 2019

Household deposits see biggest quarterly increase since 2008 Household deposits grew by €1.8 billion, or 1.8%, over the first quarter of 2019, new figures from the Central Bank show today. The Central Bank said this marked the largest quarterly increase in household deposits since the fourth quarter of 2008 and comes despite the low interest […]

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Broadcasting regulator retains cap on radio ownership

19th June 2019

Broadcasting regulator retains cap on radio ownership A cap on the ownership of commercial radio stations has been maintained by the Broadcasting Authority of Ireland, despite calls from some stakeholders for its removal. The BAI today published its revised policy on the ownership and control of Ireland’s broadcasters. This sets out the criteria considered as […]

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Euro zone inflation slowed to one-year low in May, Eurostat confirms

19th June 2019

Euro zone inflation slowed to one-year low in May, Eurostat confirms Inflation in the euro zone slowed to 1.2% in May, the lowest rate in more than a year, as price growth in the energy and services sectors slackened. This is according to the European Union statistics agency, Eurostat, as it confirmed its earlier estimates. […]

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Euro zone inflation slowed to one-year low in May, Eurostat confirms

19th June 2019

Euro zone inflation slowed to one-year low in May, Eurostat confirms Inflation in the euro zone slowed to 1.2% in May, the lowest rate in more than a year, as price growth in the energy and services sectors slackened. This is according to the European Union statistics agency, Eurostat, as it confirmed its earlier estimates. […]

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Oil prices fall 1% as economic worries outweigh tanker tensions

18th June 2019

Oil prices fall 1% as economic worries outweigh tanker tensions Oil prices slipped more than 1% today as signs of an economic slowdown amid international trade disputes began to outweigh supply fears stoked by attacks on oil tankers in the Gulf of Oman last week. Brent futures were down 68 cents, or 1.1%, to $61.33 […]

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Euro zone wages post record annual rise in Q1

18th June 2019

Euro zone wages post record annual rise in Q1 Euro zone wages rose in the first quarter of the year at the highest pace ever recorded since data is collected, data from the European Union’s statistics office showed today. The increase is a positive signal for the European Central Bank’s plans to drive inflation up […]

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Extra security steps coming to online shopping and banking

18th June 2019

Extra security steps coming to online shopping and banking Consumers are being encouraged to familiarise themselves with upcoming changes to their online shopping and banking. New European Union regulations come into full force on 14 September, which will see additional security measures required for electronic transactions. That could, for example, involve an additional step for […]

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Residential property price growth slows to 3.1% in April

17th June 2019

Residential property price growth slows to 3.1% in April New figures show that Dublin residential property prices grew again at a slower pace in April than the rest of the country. The latest residential property price figures from the Central Statistics Office show that prices nationwide rose by 3.1% in April compared to the same […]

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