Analyst View: Saudi attacks raise specter of oil at $100/barrel

LONDON (Reuters) – The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said. Attacks on two plants at the heart of the kingdom’s oil industry on Saturday […]

Read more

Border gardai shortages exposed in Brexit information vacuum

Ballybofey is a busy market town in Co Donegal with around 5,000 people. It sits on the national road network 20 minutes from the Border. The main Bus Eireann depot for buses coming from all over the country is five minutes across the river in Stranorlar. For the past six months, the town’s gardai have been conducting their policing duties […]

Read more

Rising Car Prices Are Sending Even Strong-Credit Buyers to the Used Lot

With the cost of new cars rising, even drivers with top-notch credit are seeking more affordable used options, automotive researchers report. Customers with good to excellent credit accounted for well over half of used-car financing, a record, in the second quarter this year, according to the credit bureau Experian. That’s a change from years past, when “prime” borrowers — generally, […]

Read more

Citigroup stands by card strategy despite economic clouds

NEW YORK (Reuters) – Some Wall Street analysts have begun to question whether Citigroup Inc’s (C.N) big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly. The New York-based lender is the third-largest card issuer by payments, according to industry publication The Nilson Report. Its card business accounts […]

Read more

Glass Bottle site to test funds' market dominance

Tomorrow’s deadline for queries from potential bidders for Nama’s 37.2-acre Irish Glass Bottle site in Dublin 4 is set to test the residential property market, and the agency’s ability to deliver housing against an aggressive deadline. It comes as building firms say they are being outbid as much as 30pc to 50pc for prime residential sites by cash rich global […]

Read more

John Downing: 'Seven things Government can do with as many weeks to 'B-Day''

Willingness to engage in convivial games like ‘ludo’ and ‘snakes and ladders’ was advised by the Justice Department for unfortunate prison officers keeping company with the even more unfortunate prisoners awaiting a date with the hangman early the following morning. Thus, we ask what the Dublin Government can do to profitably while away the seven weeks between now and the […]

Read more

Asian stocks rise on hopes for U.S.-China trade, monetary stimulus

TOKYO (Reuters) – Asian stocks rose on Thursday on hopes for a thaw in U.S.-China trade frictions and expectations that the European Central Bank will kick off another wave of monetary easing by global central banks. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2% and Japan’s Nikkei stock index rose 1%. Australian shares were up 0.41%. U.S. […]

Read more

Purdue Pharma reaches tentative opioid settlement with some: sources

NEW YORK (Reuters) – OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing the settlement offer in bankruptcy proceedings as soon as next week, people familiar with the matter said. On Wednesday, lead lawyers representing more than […]

Read more

Sports Direct boss Mike Ashley admits rebels ‘have a point’ as he sees off revolt

Sports Direct’s owner Mike Ashley has been re-elected to the board but admitted dissenting shareholders who voted against him “had a point”, given the strife his retail empire is facing. The company’s investors overwhelmingly backed the chief executive, with 90.99% of votes in support of his continued directorship compared to 9% against, at its annual general meeting (AGM) in central […]

Read more
1 2 3 228