Author: Practicenet

Today, bachelors and bachelorettes across China will gather to celebrate SinglesDay – a day in the Chinese calendar where those not romantically involved celebrate being unattached. The date, November 11, is chosen because the number “1” is said to resemble an individual that is alone. It’s referred to as ‘Bare Sticks Day’ in China, because […]

The Government is facing urgent calls to act swiftly to protect US investment in Ireland after a top adviser to Donald Trump warned a “flood of companies” will leave under the new regime’s tax plans. The serious threat issued by Mr Trump’s economic adviser Stephen Moore sent shockwaves through political circles yesterday as the fallout […]

Motor insurance premiums fell last month, for the first time in years. New inflation figures from the Central Statistics Office show that motor insurance costs fell by 8.2pc in October compared to the previous month. This is in contrast to rises of close to 40pc in the summer. The cost of insuring a car and […]

Ireland’s stock market bucked declines among European peers yesterday after Donald Trump’s landmark election win, with an 8pc-plus surge in CRH shares boosting the Iseq Overall Index by over 2pc as US markets opened. The rocketing CRH share price added about €2bn to the company’s market capitalisation, valuing it at €26.8bn. CRH is Ireland’s biggest […]

The pace of debt reduction in households eased in the three months to the end of June to its slowest level in almost eight years, according to data from the Central Bank. The level of debt was virtually unchanged, falling by less than €200m, compared with the period between January and March. This was the […]

Shares in ireland’s biggest company, building materials giant CRH, have soared nearly 7pc this morning as investors bet that it will be a big beneficiary from Donald Trump’s plan to pump money into America’s infrastructure. CRH, headed by chief executive Albert Manifold, generates about 60pc of its profits in the United States, and is heavily […]

Global stockmarkets have plunged as Donald Trump emerged victorious in the US presidential election this morning. His protectionist outlook and unpredictable nature have struck terror into investors, who dumped stocks and fled to commodity and currency safety zones including gold and the Japanese yen. Ireland’s ISEQ Overall Index was 0.5pc soon after the open this […]

Ireland will today launch a formal appeal against the controversial EU ruling that Apple received an unfair tax deal worth €13bn, and must pay it back with interest. The Minister for Finance Michael Noonan said he would file the appeal against the European Commission’s decision to force Ireland to claw back the claimed tax subsidies, […]

Mexico’s government has defended the exclusion of Declan Ganley’s Rivada from a massive €7bn telecoms tender process. The Galway-based businessman and political campaigner criticised the process on Friday night, after Mexican authorities disqualified a consortium he backs from the running to build and run a national wholesale mobile network, dubbed Red Compartida. That decision left […]

Mexico’s government has defended the exclusion of Declan Ganley’s Rivada from a massive €7bn telecoms tender process. The Galway-based businessman and political campaigner criticised the process on Friday night, after Mexican authorities disqualified a consortium he backs from the running to build and run a national wholesale mobile network, dubbed Red Compartida. That decision left […]