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It will be possible to hold virtual or hybrid AGMs and other general meetings of companies and societies as a result of the signing of an order commencing new legislation from today. The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 will also give more powers to the Corporate Enforcement Authority (CEA). It will […]
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Dublin has been ranked in 43rd place in an annual assessment of the quality of living standards of cities globally. This was down one place on last year’s 42nd position. The Mercer 2024 Quality of Living city ranking also placed the capital in 26th position out of 38 western European cities. This was also a […]
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The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times in an interview published today. “Once the disinflation process (is) completed, then I think monetary policy needs to be essentially forward-looking, and to be scanning the […]
Read More… from ECB’s Lane says bank should focus on future risks for policy decisions, FT reports
Euro zone inflation accelerated in November and its most closely watched components remained high, data showed today, adding to the case for a more cautious European Central Bank interest rate cut next month. Consumer price inflation in the 20 countries sharing the euro stood at 2.3% in November, according to the data from Eurostat. That […]
Read More… from Euro zone inflation edges up, ‘underlying’ price growth steady
The country’s manufacturing sector saw a slight downturn in November, with a survey today showing a contraction in activity as new orders weakened. The latest AIB Ireland Manufacturing PMI fell to 49.9 from 51.5 in October. A PMI reading above 50 indicates growth, while below that level signals a contraction. This marks the third time […]
Read More… from Manufacturing activity contracts slightly in November – PMI
A new research group designed to advance accountability in artificial intelligence (AI) has been launched at Trinity College Dublin. The AI Accountability Lab will examine the broader impacts of AI and hold powerful entities accountable for technological harms. The team behind the lab said that AI technologies have been shown to encode and exacerbate existing […]
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Consumer prices rose by 0.5% in the year to November compared to 0.1% in October – the highest level in three months – a flash estimate of the Harmonised Index of Consumer Prices (HICP) from the Central Statistics Office shows today. Recent sharp falls had put inflation among the lowest in the euro zone last […]
Read More… from Inflation increases to 0.5% in November – flash estimate
New Central Statistics Office figures published today show that retail sales fell by 0.1% on a monthly basis in October to stand 0.9% higher than a year earlier. The CSO said that excluding car sales, the monthly volume of retail sales was down by 0.2% in October and rose by 0.9% in the year when […]
Read More… from Monthly retail sales dip by 0.1% in October – CSO
Slowing fuel demand growth in top consumers China and the US has weighed heavily on oil prices this year, although supply cuts from OPEC+, which groups the Organization of the Petroleum Exporting Countries with Russia and other allies, have limited the losses. OPEC+, which pumps about half the world’s oil, will meet on Sunday. Two […]
Cost competitiveness is the the top issue for American companies looking to expand in Ireland, new data shows. The latest survey of American Chamber members shows that 32% cited it as their top worry, up from 19% in the previous survey back in July. Housing also continues to be a big issue, with 30% of […]
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