Firms Back Tax Reform—Just Not Obama’s - 04/02/2015
American companies are happy to see President Barack Obama get the ball rolling on corporate tax reform. They just don’t like where it’s going.
The president has proposed letting companies bring back the approximately $2 trillion of profits now held at overseas subsidiaries at a tax rate of 14%. His proposal would then tax their ongoing foreign earnings at a minimum of 19%—a discount to the 35% standard co [...]
Financial services group plans to create 125 jobs in Ireland - 20/01/2015
The Acorn Life group says 40 of the positions will be at its head office, with the remainder of positions being offered at various locations around the country.
The company's sales director, Keith Butler, said there were a number of reasons for the expansion plans, including an increase in the firm's insurance business in recent months.
He said the improving economy was also helping and that consumers had [...]
Bailout countries in line for debt reduction deal - Citi economist - 13/01/2015
Mr Buiter - a former member of the Bank of England's rate setting Monetary Policy Committee - said the outcome of the British general election was also a risk factor, as it could increase the prospects of Britain leaving the European Union.
The situation in Ukraine was another risk to the European economy, which already faces a "poor outlook", he added.
On the global economy, a key risk factor was a slow [...]
Record level of job creation at Enterprise Ireland - 12/01/2015
Last year, 19,705 jobs were created by companies that were supported by Enterprise Ireland.
That is an increase of 8,476 jobs when job losses are taken into account.
Enterprise Ireland is the Government organisation responsible for the development and growth of Irish enterprises in world markets.
More than 180,000 people are employed in Enterprise Ireland supported companies, which is almost 10% of the wor [...]
€85m fund to create jobs in life sciences sector launched - 11/01/2015
It is hoped the new fund will help create dozens of jobs in Ireland by increasing the availability of funding for emerging companies in the life sciences sector.
The Fountain Healthcare Partners 2 is expected to make ten to 15 investments in speciality pharmaceuticals, biotechnology, medical devices and diagnostics over the course of its lifetime.
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