PKF News & Events

Risk of no-deal Brexit has never been greater – Coveney

May 22nd, 2019
Risk of no-deal Brexit has never been greater - Coveney Tánaiste and Minster for Foreign Affairs Simon Coveney has warned Cabinet colleagues that at no point in the last two-and-a-half years has the risk of a no-deal Brexit been greater. He said that while a hard Brexit could still be avoided ...
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US delays Huawei ban for 90 days

May 22nd, 2019
US delays Huawei ban for 90 days US officials have issued a 90-day reprieve on their ban on dealing with Chinese tech giant Huawei, saying breathing space was needed to avoid huge disruption. A Commerce Department filing said the delay does not change the ban imposed by President Donald Trump ...
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Unemployment rate revised sharply lower to 4.6% – CSO

May 22nd, 2019
The Central Statistics Office has sharply revised downwards unemployment rates for March and April, taking the level below 5% for the first time since the financial crisis over a decade ago. Monthly unemployment rates have been subject to sharp revisions in recent quarters. The CSO said today ...
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US announces six-month reprieve on car tariffs

May 21st, 2019
US announces six-month reprieve on car tariffs The White House has said that President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan. It said, however, Mr ...
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Oil rises after OPEC+ says to keep output cuts, Iran tension rises

May 21st, 2019
Oil rises after OPEC+ says to keep output cuts, Iran tension rises Oil prices rose to multi-week highs today after OPEC indicated it would probably maintain production cuts that have helped support prices this year, while tension continued to escalate in the Middle East. Brent crude was up by ...
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Euro zone April inflation confirmed at 1.7%

May 20th, 2019
Euro zone April inflation confirmed at 1.7% Euro zone prices rose by 1.7% in April, EU statistics agency Eurostat confirmed today, while slightly revising upwards its estimates for core inflation. Eurostat said consumer prices in the 19-nation euro zone were 1.7% higher year-on-year, the same ...
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EU goods surplus with US eases, deficit with China widens

May 20th, 2019
EU goods surplus with US eases, deficit with China widens The European Union's trade surplus in goods with the US decreased in the first three months of 2019, but its deficit with China widened, figures released today showed. The 28-nation bloc's surplus with the US slipped to €33.9 billion ...
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EU fines five major banks for currency collusion

May 20th, 2019
EU fines five major banks for currency collusion The European Commission has today fined Barclays, Citigroup, JP Morgan, Japan's MUFG and Royal Bank of Scotland a combined €1.07 billion for rigging the multi-trillion dollar foreign exchange market. Banks have been hit with billions of dolla ...
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New home completions up by 23% in first quarter – CSO

May 17th, 2019
New home completions up by 23% in first quarter - CSO The number of new homes built in the first quarter of this year rose by 23.2%, the latest figures from the Central Statistics Office show. The CSO said a total of 4,275 new dwellings were finished in the first three months of the year, comp ...
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Mild weather so far this year boosts Irish retailers

May 17th, 2019
Mild weather so far this year boosts Irish retailers A new report shows that the value of retail sales rose by 4.7% in the first quarter of the year, boosted by a mild winter and early spring weather. The Retail Monitor, from Retail Ireland - the Ibec group that represents the sector - said th ...
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