Practicenet, Author at Michael F. Dolan & Co

European stocks tumble on trade war blows

August 27, 2019By PracticenetSyndicated, trade

European stocks tumble on trade war blows Technology stocks led a tumble in European equities in early deals on Monday as investors fled from riskier assets after another exchange of blows by the United States and China over trade at the end of last week. US President Donald Trump on Friday hit back at a […]

ECB readies big guns as September rate cut beckons

August 26, 2019By Practicenetecb, Syndicated

ECB readies big guns as September rate cut beckons The European Central Bank (ECB) will deliver both rate cuts and will pump yet more money into the eurozone’s ailing economy next month. The disclosures came in the minutes of the ECB’s July meeting, the final one to be headed by Mario Draghi, who is credited […]

Multinational cash gives economy healthier glow

August 26, 2019By Practicenetmultinational, Syndicated

Multinational cash gives economy healthier glow NEW data from the Central Statistics Office shows how dependent the economy is on big multinational companies for growth and keeping the budget afloat. The “gross value added” by foreign multinationals last year was €127bn, up almost 14pc from 2017, while the remainder added just 3.9pc according to the […]

Bad loan sales will continue despite let up in ECB pressure

August 26, 2019By Practicenetloans, Syndicated

Bad loan sales will continue despite let up in ECB pressure The European Central Bank (ECB) has increased the time banks get to sort out bad debts but it will not slow loan sales here. Banks will now get more time to set aside cash to cover bad loans after the ECB bowed to pressure […]

Fed will remain flexible, rates not on ‘preset course’; minutes

August 23, 2019By Practicenetfed, Syndicated

Fed will remain flexible, rates not on ‘preset course’; minutes The US Federal Reserve will remain flexible and interest rates will not be on a “preset course” despite persistent risks from trade uncertainty and weak global growth, the Federal reserve has said. Although the minutes of the Fed’s policy meeting late last month showed officials […]

European shares steady on upbeat PMI data, Italy jumps

August 23, 2019By Practicenetshares, Syndicated

European shares steady on upbeat PMI data, Italy jumps European shares traded close to flat on Thursday as upbeat surveys on Germany and the euro zone offset signs that US policymakers had not intended to start a cycle of interest rate cuts with last month’s move. Germany’s DAX shrugged off a weak open, to trade […]

EPA publishes industrial pollutant emissions data

August 23, 2019By Practicenetindustrial, Syndicated

EPA publishes industrial pollutant emissions data There was a dramatic decrease in the HCFC refrigerant gas emissions from large industrial activities, according to the most recent data from the Environmental Protection Agency. The findings from 2017 show the positive response to the phase out and switch to a more environmentally-friendly bulk refrigerant by Irish industry. […]

Card spending continued to rise in second quarter

August 22, 2019By Practicenetcard, spending, Syndicated

Card spending continued to rise in second quarter Almost €19 billion was spent on Irish credit and debit cards between April and June, according to the Central Bank. That represents an 8% rise year-on-year, as consumers increasingly opted for cards instead of cash. The vast majority of card transactions in the second quarter – more […]

Committee recommends broadband network remain in public ownership

August 22, 2019By Practicenetbroadband, Syndicated

Committee recommends broadband network remain in public ownership A report carried out by the Oireachtas Committee on Communications has recommended that the broadband network infrastructure remain in public ownership. The committee carried out an investigation into the Government’s decision to award preferred bidder status on the multi-billion euro national broadband contract to Granahan McCourt. The […]

Average monthly rents hit record level for 13th quarter in a row – report

August 22, 2019By Practicenetrent, Syndicated

Average monthly rents hit record level for 13th quarter in a row – report Average monthly rents across the country rose to a new record level during the second quarter of the year. According to the latest quarterly Rental Report by Daft.ie, on average the cost of renting is now €1,391 per month. The increase […]

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Author: Practicenet