(Reuters) – The world’s biggest banks should hold a buffer ofbonds in case of a collapse so that government bailouts are avoided, a global regulatory body proposed on Monday. The draft rule is the last major piece of banking reform put forward by world leaders since the 2007-09 financial crisis forced taxpayers to shore up undercapitalized lenders. The Read more about G20 proposes buffer to end too big to fail banks[…]
Funding is available for small businesses outside of the traditional sources, but entrepreneurs need to identify their customers and hone their product, according to experts at last week’s Kildare Enterprise Expo. Meanwhile, if they plan to grow their businesses they need to understand the economic circumstances, but they also need to strike the balance between Read more about Refine your product to succeed, say experts at Expo[…]
(Reuters) – U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour. U.S officials had ruled out a major announcement on the ambitious 12-country Trans-Pacific Partnership (TPP) in Beijing, where Obama will attend the Read more about Obama says momentum building on ‘historic’ trans-Pacific trade deal[…]
Sentiment toward the Irish economy is at a four-year high with 91 per cent of investors confident about the outlook over the next three months, a new survey showed. This was up from 82 per cent at the end of June and an all-time low of 10 per cent recorded in the RaboDirect Investor Barometer Read more about Investor confidence in the Irish economy rises to four-year high[…]
More than 70 per cent of exporters reported an increase in exports in 2014 compared with 62 per cent last year while nearly 85 per cent expect exports to rise in 2015, a new survey shows. The Export Ireland Survey, by the Irish Exporters Association (IEA) and Grant Thornton, found that labour-related costs and access Read more about Irish exporters upbeat about outlook for 2015 – survey[…]
Irish unemployment fell to 11 per cent in October from 11.1 per cent in September, the 10th straight month in which it dropped, the Central Statistics Office (CSO) said. It stood at 12.4 per cent in October last year. On a seasonally-adjusted basis, the live register fell by 3,500 or 0.9 per cent in October Read more about Irish unemployment falls to 11% in October from 11.1%[…]
Four-hundred new jobs in the technology sector have been announced by eight companies at an IDA Ireland event in Dublin. The companies from the United States and Europe will create the 400 positions in Cork, Dublin and Galway over the next three years. The jobs will be created in a range of sectors including software Read more about 400 new tech jobs for Dublin, Cork and Galway[…]
Ukip’s recent clean-up at the European Elections, the swipes it seems to be making on the foundations of the Conservative Party and its clear populist style has, it appears, not made a dent in the level of support Britons have for EU membership. In fact, new research by IpsosMorisuggests that support for the European Union (EU) Read more about Support for EU membership ‘at highest level since 1991’ with most Brits wanting to stay ‘in’[…]
By Shawn Donnan (Financial Times) See at http://www.ft.com/cms/s/0/209bac34-5834-11e4-b331-00144feab7de.html#ixzz3GxL4KwPf If Republicans seize control of the Senate in next month’s midterm elections, it would be bad news politically for Barack Obama and his Democrats. But the dirty little secret in Washington is that it could be very good news for the US president’s trade agenda. The November 4 elections Read more about US trade agenda awaits midterm elections[…]
European Ombudsman Emily O’Reilly has opened a public consultation process on the EU-US trade deal negotiations, arguing that the process could have “a significant impact” on the lives of EU citizens. Ms O’Reilly yesterday opened a six-week consultation process, inviting members of the public and interested parties to register their views on the proposed trade Read more about Emily O’Reilly seeks public opinion on EU trade deal[…]