With no prize money handed out and betting shops closed, Covid-19 is taking its toll on racehorse owners, whose costs have remained high. A cascade of bloodstock sales trickling down all the way to breeders is now under threat.
Thousands of locked-down local businesses will need finance to prime the pump when they re-open, and recent changes in regulations allow credit unions to lend more to them. These community lenders have cash to lend and may distribute Covid-19 government-sponsored credit.
With tourism at a standstill, the global travel publisher is closing down offices around the world. Yet there are no plans so far to axe its relatively new Irish office, where the company's international intellectual property rights are held – and taxed.
The latest quarterly economic statistics give a partial view of what has happened to the Chinese economy through the Covid-19 crisis – and what is yet to come.
Gavin Hydes, the CEO of the Joe Duffy motor group, recently announced the launch of its new online car dealership – just in time as car dealers across Ireland were forced to close due to Covid-19 restrictions. Can a personalised video of your future vehicle replace a sniff of new car smell in a traditional showroom?
Irish airline CityJet was already suffering before the Covid-19 lockdown grounded its fleet – and the pandemic made a bad situation much worse. New documents reveal the company’s torrid trading performance and its plan for survival.
As a food and drinks business specialist with ifac and a council member of the Ireland China Business Association, Lorcan Bannon has spent some time speaking with industry experts in China to get a perspective on what Irish food and drinks businesses can expect post the initial surge of Covid-19.
Thousands of businesses have stopped paying their rent amid the Covid-19 lockdown. Many landlords are willing to talk, some are giving their tenants relief – and others have already sent solicitors' letters.
Leo Crawford, the chief executive of retail giant BWG, believes Covid-19 will radically change the economy and Irish retail. But through innovation, agility and the right policy choices, he is confident about Ireland’s ability to recover.
We could easily see a dual or two-speed recovery, where the manufacturing sector gets back to work pretty quickly, but the services sector takes a lot longer to get back on track.
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