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Oil prices rise on Nigeria outages and Goldman forecast

Oil prices jumped more than 2 percent on Monday to their highest since November 2015 on the back of more disruption to supplies from Nigeria and after long-time bear Goldman Sachs said it was more positive about the market. Brent crude futures were trading at $49.05 per barrel at 1304 GMT, up $1.23 or 2.5 […]

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Strikes and terror to hit Ryanair for up to €40m

Ryanair is likely to have lost between €30m and €40m during its fourth quarter as a result of the Brussels terrorist attacks and air traffic control strikes, double the estimate chief executive Michael O’Leary gave last month. Speaking to the Irish Independent, Mr O’Leary said that Ryanair had cancelled about 550 flights during its fourth […]

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Brexit would be “manageable” for Ireland – Moody’s

Ratings agency Moody’s has downplayed the risk of a Brexit to Ireland’s economy. It said that though there would be negative effects, these would be “manageable”. “Ireland will continue to grow at above-trend rates over the next two to three years, on account of strong and sustained competitiveness gains and the large and expanding presence […]

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Planning to buy a house? Here’s how to get the cheapest mortgage

Planning to buy a house? Here’s how to get the cheapest mortgage However, KBC, ever aggressive, was quickly out of the traps last week with its own offer, undercutting its rival, but only for new customers – existing ones get new fixed rates. All have incentives and offers to get customers in the door, from […]

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Ireland ‘third-safest country’ in the world for business

Country ranks highly in terms of supply chain resilience in study of 130 nations Ireland has been ranked as the third safest country in the world in which to do business, according to a new survey by international risk management and insurance company FM Global. The study finds that Ireland is considerably more insulated from […]

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German economy more than doubles growth pace in first quarter

Germany more than doubled its economic growth rate in the first quarter of 2016 as higher state and household spending, as well as rising investment on construction and capital goods offset a drag from foreign trade, preliminary data showed on Friday. The economy grew by 0.7pc on the quarter between January and March after it […]

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German economy more than doubles growth pace in first quarter

Germany more than doubled its economic growth rate in the first quarter of 2016 as higher state and household spending, as well as rising investment on construction and capital goods offset a drag from foreign trade, preliminary data showed on Friday. The economy grew by 0.7pc on the quarter between January and March after it […]

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Consumer confidence on rise with a quarter of households planning to buy a car – survey

One in three households considers it a good time to purchase big ticket items and a quarter intend to purchase a car in the next year, a survey by Bank of Ireland has found. Almost four in ten consumers expect their household financial situation to improve in the next year, although just under half expect […]

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Boost for farmers as fertiliser prices fall

FARMERS have seen some savings in their pockets with the price of fertiliser falling in recent weeks. Prices of fertiliser have dropped as low as €240 to €290 for a large bag of CAN in North Leinster, down from €306 to €355 during May last year. However, most retailers are quoting €250 up to €290 […]

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Government raises €750m in bond auction

The Government has raised €750m in in a bond auction. The yield on the 0.8pc 2022 treasury bonds was 0.157pc with bid/cover of 2.6. It was conducted by the National Treasury Management agency and was the first auction since the formation of the news government. Last month the NTMA auctioned off another €750m worth of […]

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