The exchequer took in more than anticipated in income tax revenues in July, providing reassurance for Finance Minister Paschal Donohoe the Government's budget deficit will be kept below €30bn in 2020

Total compensation approved by the Personal Injuries Assessment Board (PIAB) is continuing to fall with the value of awards last year down almost 8% to just over €275m.

The automotive industry in the UK has recorded this year’s first monthly increase in sales, following the reopening of dealerships. Some 174,887 cars were registered in July, according to the Society of Motor Manufacturers and Traders (SMMT).

Biomedical testing firm Beckman Coulter announces more than 30 new positions.

There was a 33% drop in the number of house completions in the second quarter from a year earlier

Ireland's regions could benefit from the greater number of people working from home due to Covid-19, according to an international consultancy firm on foreign direct investment.

The efforts towns such as Killarney are making to ensure business returns

Nearly 4,500 jobs have been lost in the UK only a few days into August as the furlough scheme there starts to wind down. Here is a list of employers which have announced major job cuts since the start of the pandemic.

New car sales are down almost 30% this year compared to 2019. There were 21,213 vehicles sold last month, which is nearly 3,500 fewer than July of last year. The top-selling car brands are Volkswagen, Toyota, Hyundai, Skoda and Ford.

The Asian markets have continued their rally following Wall Street’s advance, suggesting investors are shrugging of coronavirus fears.

Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face action by Britain’s markets watchdog.

HSBC has suffered a 65% drop in pre-tax profit in the first half of the year as Europe’s largest bank was struck by a dive in interest rates and coronavirus disruption. The bank reported profits of $4. 3bn billion (€3.

On Tuesday, the provisional results of the Government's first renewable energy subsidy auction will be released to participants.

Wealthy countries have already locked up more than a billion doses of coronavirus vaccines, raising worries that the rest of the world will be at the back of the queue in the global effort to defeat the pathogen.

Global funds recommended cutting equity holdings in July to the lowest in four years and suggested keeping bond allocations unchanged from June, amid worries the coronavirus pandemic is hobbling a nascent economic recovery, according to a new Reuters poll.

The coronavirus crisis has pulverised Spain’s economy, triggering its worst recession since the civil war, with collapsed tourism numbers boding ill for hopes of a swift rebound.

The economy of the 19-country eurozone shrank by a record 12. 1% during the second quarter as coronavirus lockdowns froze business and consumer activity.

It is the largest year-on-year drop ever recorded by the Irish hotels sector.

Celebrated and upcoming craftspeople featured in an online Expo this week to celebrate 40 years of Irish and Gaeltacht craft.

Ireland is now one of only a handful of countries worldwide where cheques are still regularly used

The first €300m round last year helped 1,150 SMEs, farmers and fishers make strategic investments to grow their businesses.  Under the initiative loans of between €25,000 to €3 million are available for terms between seven and 10 years.

More grant assistance instead of debt-based solutions are needed for small and medium-sized businesses.

Only half as many mortgages were approved last month as during June 2019. There was a 20% increase on the previous month's figures, according to the Banking and Payments Federation Ireland (BPFI).

Mortgage applications approved in June, when the Covid-19 restrictions on most parts of the economy started to be lifted, rose to 2,263 but were still almost 50% below June 2019

The impact of the Covid-19 pandemic on the private health insurance market in Ireland remains undetermined according to the Health Insurance Authority (HIA) with the consumer outlook in the market described as "uncertain".

Heathrow has urged the UK Government to stop imposing “quarantine roulette” on travellers as it announced a pre-tax loss of £1. 1bn (€1. 2bn) in the first six months of the year.

The increased digital activity by businesses due to Covid-19 is expected to result in increased entries for the Cork Digital Marketing Awards (CDMAs).

Leading broker sees Avantcard shaking up mortgage market

Retail Excellence Ireland has found sales are down by about a third during the period of lockdown.

Connected public transport, cycleways and green spaces for Cork are the top three priorities of more than 800 business people who set forth their views in an open survey by Cork Chamber.

Investor hopes for further measures to lift the US economy from its Covid-19 slump lifted global stock markets even as cases of the disease continued to spike in several regions.  The price of gold touched a new record as the dollar fell again.

New sponsorship deals in Ireland dropped 46% in the first half of 2020 versus the same period last year.

Most of the EU's banks are strong enough to survive the impact of the coronavirus crisis, according to ECB vice president Luis de Guindos.

SK Bioscience, the South Korean pharmaceutical company backed by Bill Gates, may be capable of producing 200 million coronavirus vaccine kits by next June, the Microsoft founder said in a letter to South Korean President Moon Jae-in.

UK Prime Minister Boris Johnson, who aims to return to “significant normality” by Christmas, on Friday said his government is preparing the health service for a second wave

The Government is coming under criticism for contributing to the inflation of the housing market.

The fallout for the Irish economy from the Covid-19 storm is less severe than once feared, as Government finances shape up well over recent weeks, the budget watchdog has said.

Fall in consumer footfall and an increase in jobless claims have made some experts fear the economic recovery in the US has going in reverse

Germany has shown growth for the first time in five months,  with the pick-up led by services and export sales 

A 70% surge in clothes and footwear sales is welcome on the high-street but is "not a sign that households overall spending is recovering fully"

Switzerland's corporate tax rate should fall to 13.5% by 2025, lower than Singapore 

The Government has potentially set back the recovery of the Irish tourism industry, and endangered its survival, by not slashing the tourism Vat rate to 5%, an industry body has said.

Chief executive of ISME says the stimulus is not attractive enough for banks to lend to hard-hit firms 

UK manufacturers saw order volumes for the past three months tumble at the fastest pace for almost 40 years as the coronavirus crisis continued to hammer industry, according to new figures.

Job: The Irish Hospice Foundation (IHF), which wants to create an Ireland where people experience dying, death and bereavement with the care and support they need, wants to appoint a new head of marketing and communications.

Voters in the Republic and the North need to be better informed on the economic and social issues ahead of any poll on the border, the Economic and Social Research Institute has said.

Business confidence is slowly building in Germany and France with French Finance Minister expecting their economy to rebound to pre-covid levels by 2022

Economics professor Tony Foley has questioned why the ‘staycation voucher’ included in the July stimulus plan will not commence until October.

Only 13,661 residential buildings were under construction at the end of June, suggesting that the Covid-19 building site lockdowns will have a long-lasting effect on the housing market, according to figures from the authoritative GeoDirectory survey.

Despite the combined €1bn loss, the outlook for the three banks is less grim than it first appeared at the height of the lockdown