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EIB pledges €40bn to tackle virus fallout

The European Investment Banks (EIB) is to make up to €40bn available to counteract the economic crisis caused by the ...
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Retail group expects 200,000 more job losses over Covid-19 pandemic

Retail Excellence has forecast that another 200,000 people will be out of work by the end of this week because ...
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European exchanges pledge to stay open in face of coronavirus stampede

European exchanges have vowed to stay open for business despite extreme volatility triggered by the coronavirus epidemic and four countries ...
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140,000 workers laid off due to coronavirus

It is estimated that around 140,000 people have been laid off work in Ireland because of the measures taken to tackle ...
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Fears for flow of goods after EU border closures

The European Commission (EC) will encourage member states to co-ordinate border closures amid fears that unilateral closures by individual countries could inhibit ...
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US Federal Reserve cuts US rates to near zero

The US Federal Reserve has tonight cut rates back to near zero, restarted bond buying and launched other measures from its crisis-era ...
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Telecoms firms prepared for increased network demand from remote working

Telecoms companies have said they are equipped to handle any increase in traffic over their networks that may come as a ...
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European markets posted their worst one-day drop in history

European markets posted their worst one-day drop in history today, as investors reacted to US President Donald Trump’s decision to ...
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Oil rises 2% but set for biggest weekly drop since 2008

Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite eking out a 2% today, ...
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