Officials examine 6.25% rate for new ‘knowledge box’ scheme

Irish officials are examining the feasibility of a 6.25 per cent rate on a new corporate tax scheme as the Government moves to shore up inward investment after its decision to scrap the controversial “Double Irish” mechanism. While this is one of several options under...

Global shares decline on world economic growth concerns

Asian shares were off session lows but still nursed losses amid a selloff in global equities on Thursday, as heightened concerns about world economic growth sent US Treasury yields down and Japanese stocks tumbling. MSCI’s broadest index of Asia-Pacific shares outside...

Irish trade surplus at €3.3bn in August

Irish exports increased by 23 per cent in August (to €7.97 billion) from July, figures from the Central Statistics Office have shown. Coupled with a small increase of €29 million (1 per cent) in imports, the seasonally adjusted trade surplus increased by €1.43 billion...

Can Europe wean itself off Russian gas?

By Christian Oliver and Henry Foy The night shift at Agropolychim, Bulgaria’s biggest fertiliser plant, received a fax at 4.30am on January 6 2009 warning that their gas supply was going to be cut off immediately. The engineers demanded four more hours: an instant...