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European shares tumble amid trade tensions

European shares tumble amid trade tensions European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a trade war which would damage the global economy. The pan-European STOXX 600 index had dropped 0.7pc by 0720 GMT, touching a fresh four-week low. US […]

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Irish and Spanish bond sales could underline move away from ‘periphery’

Irish and Spanish bond sales could underline move away from ‘periphery’ Irish and Spanish borrowing costs were close to record lows today ahead of planned bond sales that could well cement their move away from the “periphery”. This is a phrase used to describe the lower-rated and more volatile euro zone bond markets. Even though […]

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China’s exports fall ahead of crucial trade talks

China’s exports fall ahead of crucial trade talks China’s exports fell more than expected in April while imports rose, official data showed today ahead of high-stakes talks aimed at resolving a trade war with the US. The world’s two leading economies face a possible make-or-break moment when top negotiators meet in Washington this week following […]

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NTMA plans to launch new 2050 syndicated bond

NTMA plans to launch new 2050 syndicated bond The National Treasury Management Agency said today it plans to issue a new 2050 bond via a syndicated sale in the near future Market sources say the auction – which is subject to market conditions – is expected to raise about €3 billion. The NTMA has already […]

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Irish economic growth set to moderate – Commission

Irish economic growth set to moderate – Commission The European Commission said today that GDP growth in Ireland is forecast to moderate as support from the external environment weakens and risks, including Brexit, grow. But in its latest quarterly economic forecast, the Commission said that underlying economic activity is expected to remain “robust” on the […]

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Easter inflation bounce won’t end slowdown fears

Easter inflation bounce won’t end slowdown fears A rise in headline inflation in April should have given comfort to the European Central Bank, but the pick-up was due to a rise in package holiday and airline fare prices at Easter and is set to fall back as the year progresses. Data from the European Statistics […]

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Euro zone inflation accelerates in April on energy, services

Euro zone inflation accelerates in April on energy, services Euro zone inflation surged beyond expectations last month, mild relief for the European Central Bank, even if much of the jump was likely related to seasonal effects due to the timing of Easter. Inflation in the 19 countries sharing the euro accelerated to 1.7% in April […]

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Cabinet expected to approve €3bn broadband plan

Cabinet expected to approve €3bn broadband plan The Cabinet meets this morning to consider approving the National Broadband Plan, which aims to bring high-speed internet to more than half a million homes, farms and businesses across rural Ireland. Taoiseach Leo Varadkar confirmed to the Dáil that the project could cost as much as €3bn over […]

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Live Register figures down by 0.4% in April

Live Register figures down by 0.4% in April The number of people signing on the Live Register showed a monthly decrease of 700, or 0.4%, in April, new figures from the Central Statistics Office show. This brings the seasonally adjusted total to 194,700. The CSO said the number of people on the Live Register in […]

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Worsening consumer sentiment erases March recovery

Worsening consumer sentiment erases March recovery Consumer sentiment soured in April, weighed down by an uncertain economic outlook and related worries about household incomes, a new survey shows today. The KBC Bank/ESRI consumer sentiment index fell to 87.7 in April from 93.1 in March, largely erasing a partial recovery from February’s 51-month low of 86.5. […]

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