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Live News Live News: Heineken hit with €874m impairment; Datalex shares dip; Euronext’s new exchange
After Ryanair’s unexpectedly weaker results last week sent jitters through the sector, this will be another important week for airlines with Wizz Air, IAG and Lufthansa all set to report. In light of this, the group is urging the government to use the upcoming budget to “begin the process of reducing excise tax” in Ireland and bring it in line with other EU countries.
The upcoming market, to be known as Euronext Access, is expected to launch by the end of the year and will have a lighter regulatory burden for companies that do not meet the requirements to join Euronext’s larger markets but still want access to public equity investment.08.
Malone, Cooper wrote, did “not become one of the richest men in the United States by indulging loss-making businesses or those that he feels are restricted in their ability to make profits because of unfair competition facilitated by the state in which his companies operate.” In her first major speech as chancellor, The Times of London reports that Reeves will identify a £20 billion black hole in government spending on Monday as she seeks to pin the blame for future tax rises on Tory profligacy.
The 6,300 FTB drawdowns represented the single largest segment by volume and by value , with volumes reaching their highest second-quarter level since 2007.07.30 US manufacturing slump on the way? More US manufacturers are rethinking their plans as they brace for an extended slump in demand, according to a report in the Wall Street Journal this morning.
07.22 Government delayed vacant home tax increase The government held off on imposing a higher level of tax on vacant homes because they did not want to “excessively penalise” a small number of property owners, the Irish Times has reported this morning.
Prior to the introduction of the rules, there were between 88 and 207 people who fulfilled these roles, this rose dramatically in the years post-implementation to 606 in 2019.07.02 EU’s plan to tackle Trump Brussels is developing a two-step trade strategy to deal with Donald Trump, offering the Republican a quick deal if he wins a second term as president, and targeted retaliation if he opts for punitive tariffs instead.
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