Daily Archives: 11.09.2020

ECB can’t be complacent on inflation – Lane

The chief economist of the European Central Bank, Philip Lane European Central Bank policymakers warned today against complacency over low inflation and highlighted risks from a strong euro. This was a suble change from the bank's benign message from a day earlier, which some argued denied difficult realities.  Speaking a day after the ECB took an unexpectedly relaxed stance on ...

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Donohoe says taxation of digital companies must change

Paschal Donohoe is chairing his first meeting as the new President of the Eurogroup The Finance Minister said today that the taxation of digital companies does need to change but any changes must not add to “many other trade issues” and must take into consideration the impact on service oriented exporters.   Paschal Donohoe said there would have to be changes ...

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Revolut offers instant euro-area bank transfers

Revolut has more than one million customers in Ireland Revolut's Irish customers can now send money in seconds to banks and financial institutions across Europe using new instant payment technology.  The digital banking app said the move could significantly benefit Irish businesses that want to send money instantly to a bank in Europe, or receive instant payment for goods or ...

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HBAN angels drive €1.2m FoodMarble investment round

HBAN's Niamh Sterling and Aonghus Shortt, the CEO and co-founder of FoodMarble The Halo Business Angel Network has helped Dublin start-up FoodMarble raise a total of €1.2m in a funding round. The new funds will strengthen the company's research and development capabilities and support its plans for expansion into the US and Canada.  FoodMarble is a personal digestive breath analyser, which helps ...

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Brian O’Driscoll invests in shared e-scooter startup

Charlie Gleeson set up Zipp Mobility last year Shared scooter start-up, Zipp Mobility, has raised €500,000 in seed capital from investors including former Irish rugby captain, Brian O’Driscoll. The injection comes ahead of its imminent launch of shared e-scooter trials in the UK. An unnamed New York based investor also joined the former British and Irish Lions rugby captain in ...

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