It was at very much at this time of the year — an early March Saturday — 87 years ago that Franklin D Roosevelt, as the 32nd president of the United States, gave in his inaugural address a warning. “Let me assert my firm belief that the only thing we have to fear is ... fear itself.”
Kerry Group’s share price shot up by almost 6% on the back of strong first-half earnings and revenue growth, positive full-year guidance, and the company claiming it is well-positioned to ride out any market disruptions borne by Brexit or global trade tensions.
You might say that Naples is a city of three volcanoes. Vesuvius looms behind the city and the bay, Campi Flegrei is the super volcano nine miles wide that lurks beneath - and then there is the football club, writes
China’s growing value and importance for the Irish economy was further underlined, this week, by pharmaceutical giant WuXi Biologics choosing Ireland — and Dundalk, in particular — as the location for its first manufacturing site outside of China.
Smurfit Kappa shares rose 3% as the international box-packaging firm posted rises in revenue and margins on the economic recovery in the EU. It said demand for recycled containerboard had reduced stock levels in Europe, while global demand for kraft liner, or packaging paper, meant supply was “extremely tight”. Shares of packaging firms such as Smurfit Kappa tend to slide during world economic downturns because it is very difficult to close capital-intensive mills.
IT is hard to know if the suggestion from New York’s mayor Bill de Blasio, that he might remove the statue of Christopher Columbus which has dominated Manhattan’s Columbus Circle since 1892, the 400th anniversary of the Genoese adventurer’s arrival in the Americas, is serious or not.