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01 Jul

The Irish unemployment rate was unchanged in June from the previous month, as evidence from a new survey also suggested that the rapid rise in the number of jobs is slowing. CSO figures showed that seasonally adjusted numbers on the live register fell by only 500 in the month, much slower than the declines of

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21 May

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Revenue at the world’s 10 largest investment banks rose 9%, year-on-year, to $44.9 billion in the first quarter, as financial market volatility and central bank stimulus measures boosted profits. Trading in fixed income, currencies and commodities (FICC) divisions, which are particularly exposed to economic conditions, were the outperformers, up 5% on a constant dollar basis,

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15 May

Consumer price figures ‘mask’ real increases

A raft of everyday household expenses, including private landlord rents, public transport, and college registration fees, are soaring above the price levels reached during the boom years, official figures show. Analysts say that a detailed breakdown of consumer price figures show that the trend in the past year of price decreases for some goods is

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31 Mar

Irish company failures decline 17% year-on-year in first quarter

The first three months of 2015 have seen a 17% year-on-year decrease in company failures. However, statistics from Deloitte also show the 250 cases of corporate insolvency for the first quarter are up 13% on the final quarter of 2014. Despite the introduction of legislation making it more cost-effective for smaller firms to go down

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26 May

All eyes on Draghi as world awaits answer to low inflation issue

AS Mario Draghi secludes himself with Europe’s top minds in central banking this week, he won’t be able to escape one question: What’s next? After all but promising that he’ll ease monetary policy in June, the European Central Bank (ECB) president must now manage market expectations as banks from Goldman Sachs to Societe Generale speculate

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