Live News updates on Volvo's declining earnings due to weaker truck demand in Europe, HBFI's loan approvals reaching €2.7 billion, investors proposing a new EU start-up regime, concerns about a 'debt timebomb' for home buyers, and more.
Live News Live News: Volvo earnings drop; HBFI grows loan approvals to €2.7bn Bite-sized servings of the latest in business, tech and current affairs
Adjusted operating income fell to around 14 billion kronor , the manufacturer said Wednesday. It cited lower freight and construction activity last year.8.57 - HBFI grows loan approvals to €2.7 billion New figures from Home Building Finance Ireland show it has grown total loan approvals to €2.7 billion at the end of December 2024, an increase of 61% on the €1.66 billion at the end of 2023.
The First Home Scheme lets the State take a stake in new homes in return for a lump sum towards the purchase. However, critics have claimed it is helping to “turbo-charge” house-price growth.8.05 - Irish markets update The Iseq All Share opened in the green this morning, trading 0.16 per cent higher at 10,262.01.
Temple Bar Inn, a 101 guestroom hotel, on Fleet Street and just off Westmoreland Street, is being brought to the market with the benefit of vacant possession by JLL, quoting more than €50 million.7.15 - Asian markets update Asian stocks advanced to follow Wall Street’s tech-led rebound from a selloff that shook global markets. Focus has now turned to the Federal Reserve’s rate decision and US mega-cap earnings.
VOLVO EARNINGS HBFI LOANS STARTUPREGIME
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