Categorized as: Syndicated News

Bitcoin slumps as China clamps down on digital tokens

So-called virtual currency bitcoin tumbled the most since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately – issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales.

Budget watchdog warns ‘overheating economy’ is real risk

There is a “realistic possibility” that the economy will start to overheat in the coming years if the strong growth rates continue, the state’s budgetary watchdog has warned.

How will Ireland fund essential services as dirty petrol guzzlers are replaced by electric cars?

As much as €3bn could be lost to the Irish Exchequer as low-emission vehicles become the norm by 2030, according to industry experts. Huge amounts of revenue used to fund essential services are generated by vehicle registration tax, motor tax and fuel tax and could largely disappear as the petrol engine is slowly consigned to history.

Beat green tax and rising energy bills by switching and using less

Households across Ireland have become somewhat accustomed to mostly small but incremental increases in the cost of electricity over the last few years, but get quite a shock with the arrival of your next bill.

Web Summit adds 40 jobs – and Al Gore

Paddy Cosgrave’s Web Summit is to hire 40 people in the next six months, bringing the company’s total employment to 200.

Countdown begins to second cyber security conference for businesses at Dublin’s RDS

Ireland’s second annual cyber security conference, Dublin Information Sec 2017, will take place on Wednesday, November 1, at the RDS.

Sterling’s slide continues as it hits 93p to a euro

Sterling weakened to beyond 93 pence against the euro yesterday – the highest level since 2009 – heaping yet further pressure on businesses here selling into the UK market. The slide, however, also makes imports cheaper.

Enterprise Ireland launch €750,000 funding competition

Enterprise Ireland will launch a €750,000 funding competition for early stage companies in manufacturing and internationally traded services.

Proximity to school now a priority for a third of young housebuyers

More than one-third of property buyers in the 25 to 45 age group are moving house on the grounds of securing proximity to a target school or to locate in its catchment area, it can be revealed.

Irish firms increasingly hopeful of Brexit upside

Almost one in four Irish companies believe that Brexit will affect them positively, up from 14pc this time last year, according to a survey by the Dublin Chamber.

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