News

16 Aug

Wall Street rises on strong retail sales data; recession fears remain

Wall Street rises on strong retail sales data; recession fears remain US stocks rose in choppy trading today, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy slipping into recession. However, a slump in shares of network gear maker Cisco limited gains. Cisco Systems Inc dropped 6.2% and

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13 Aug

Brexit impacting skill requirements of companies; state training body

Brexit impacting skill requirements of companies; state training body Brexit is having an impact on the skills requirements of companies here, according to the head of the state body tasked with upskilling the workforce. Paul Healy, CEO of Skillnet Ireland, said the decision of our nearest neighbour to leave the EU was affecting the training

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13 Aug

July was the busiest month ever at Dublin Airport

July was the busiest month ever at Dublin Airport Almost 3.5 million passengers travelled through Dublin Airport in July, making it the busiest month in the airport’s 79-year history. Passenger numbers increased by 4% compared to the same month last year as the airport welcomed an average of more than 110,000 passengers per day during

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09 Aug

Consumer price growth slows in July – CSO

Consumer price growth slows in July – CSO Consumer prices rose by 0.5% in July compared to the same month of 2018, according to the Central Statistics Office. That represents a significant slowdown in the pace of inflation, which stood at 1.1% in the year to June and 1.7% in April. In the year to

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08 Aug

Euro zone bond yields sink further as trade war steps up

Euro zone bond yields sink further as trade war steps up Euro zone government bond yields slid back towards recent lows on Tuesday as investors remained cautious on risk after the US branded China a currency manipulator, escalating their trade war. Safe-haven bond yields fell, while global stocks extended already substantial losses on Tuesday, after

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08 Aug

Manufacturing production down 9% in June – CSO

Manufacturing production down 9% in June – CSO Production in the manufacturing industry dropped by 9% in June compared to May 2019, according to the latest Central Statistics Office data. Annually, production for June was down 2.1% when compared with the same month last year. Seasonally adjusted volume of industrial production for the three months

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