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Global Energy Report: Crude Oil Falls Anew in Asia, API Estimates Ahead

Global Energy Report: Crude Oil Falls Anew in Asia, API Estimates Ahead

Crude oil slipped further in Asia on Thursday as a punishing bear trend continued for the commodity, with current prices well below downward-revised analyst expectations. ICE Brent crude oil futures slipped 1.06% to $54.33 a barrel, while NYMEX WTI eased 1.98% to $45.62 a barrel. Brent crude settled up 2.06% to $54.91 a barrel on Wednesday and WTI rose 2.49% […]

Statement of intent by PM does little to mask chaos in wake of White Paper

The fact the British prime minister felt it necessary to point out she is in charge shows just how chaotic things remain in the UK weeks after the Brexit White Paper was released. In a statement on the last sitting day of parliament before the summer break, Mrs May said: “I will lead the negotiations with the European Union, with […]

Raab sidelined as Theresa May ‘takes control‘ of Brexit

Theresa May is taking personal control of EU withdrawal negotiations, with new Brexit Secretary Dominic Raab “deputising” for her in talks. But senior politicians here remain to be convinced the UK prime minister‘s bid to take back control will yield any real progress. Mrs May announced she would be front and centre of talks with Brussels alongside Olly Robbins, the […]

14-storey apartments get go-ahead in south Dublin

14-storey apartments get go-ahead in south Dublin

An Bord Pleanála has given the green light for the construction of 460 apartments across five blocks ranging in height from six to 14 storeys in south Dublin. The board granted permission for the scheme at the Sandyford Business District (SBD) under the terms of the Government‘s fast-track planning application system. With demand for housing in the capital particularly acute, […]

Warning lack of investment threatens economy in Border counties

Border counties such as Cavan, Donegal, Leitrim, Monaghan and Sligo are at risk of economic decline, according to the latest Vacancy Index from recruitment website Irishjobs.ie . While job vacancies nationally grew 7pc year-on-year in the second quarter of 2018, vacancies in the Border county of Cavan dropped by 27pc year-on-year, and in neighbouring Leitrim, vacancies dropped by 17pc year-on-year. […]

UK cabbies may sue Uber for £1bn

UK cabbies may sue Uber for £1bn

London‘s black cab drivers are examining the possibility of bringing a class action suit against Uber, their association said on Tuesday, after the mobile app was granted a temporary licence renewal to operate in the British capital. Sky News reported that the overall possible bill to Uber for the potential lawsuit could be around £1.25bn (€1.40bn). The Licensed Taxi Drivers‘ […]

Ryanair lowest since February 2017

Ryanair lowest since February 2017

shares lost another 3.45pc yesterday amid ongoing industrial relations turbulence. At €14 each, the shares posted their lowest closing price since February 2017 in Dublin trading. On Monday the airline said it expected further strikes this summer. Pilots picketed Ryanair headquarters in Dublin again yesterday. The fall was offset, however, by gains elsewhere, with the ISEQ index of Irish shares […]