Day: July 24, 2022

Jul 24
Transcript of Governor Gabriel Makhlouf’s interview with Niall Brady, The Sunday Times

Interview with Governor Makhlouf conducted 16 June 2022 Niall Brady: Okay, well listen thanks again for taking the time to talk to me.  You had a very busy week, from what I see yesterday was a busy day for you.  Gabriel Makhlouf: I’ve had a busy fortnight.  Niall Brady: Really?  Why a busy fortnight Gabriel […]

Jul 24
Central Bank Governor visits Tipperary to meet businesses and students

Governor of the Central Bank of Ireland Gabriel Makhlouf met with businesses and students from Tipperary yesterday during his day-long visit.  Governor Makhlouf met with local entrepreneurs, staff and Government agencies at Tipperary Technology Park, where conversations included the importance of local digital hubs and local economic development in a hybrid working world recovering from […]

Jul 24
Recurrent property taxes may help to reduce house price volatility

Central Bank Economic Letter finds that recurrent property taxes can, over time, help to mitigate downside risks to house prices. Such taxes may also provide a stable source of revenue for government, as they are less likely to be affected by the economic cycle. Revenue from recurrent property taxes, as a proportion of national income, […]

Jul 24
Central Bank highlights weaknesses in Virtual Asset Service Providers’ AML/CFT Frameworks

Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]

Jul 24
Penske Automotive raises quarterly dividend to 53 cents a share versus 50 cents

Home Industries Automobiles Published: July 21, 2022 at 11:56 a.m. ET By Ciara Linnane   comments Referenced Symbols Advertisement PAG +1.02% Penske Automotive Group Inc. PAG, +1.02% said Thursday it is raising it quarterly cash dividend to 53 cents a share from 50 cents previously. The new dividend will be payable Sept. 1 to shareholders […]

Jul 24
Carnival stock leads S&P 500 losers after analyst sees equity offering causing ‘panic’

Shares of Carnival Corp. CCL, -5.99% tumbled 11.2% in morning trading Thursday, to pace the S&P 500’s SPX, -0.93% after the cruise operator caused investors to “panic” with its $1 billion public equity offering. The company said late Wednesday that the offering, which represented about about 10% of the current market capitalization of $9.79 billion, […]

Jul 24
Gold ends higher a day after falling to lowest finish since March 2021

Gold futures ended higher on Thursday, recouping their loss from a day earlier and then some — when prices settled at their lowest in more than 15 months. The U.S. dollar saw some weakness as the euro climbed in the wake of the European Central Bank’s decision to lift its key interest rate, and U.S. […]