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She and Nym CEO Harry Halpin said they avoid Google and Microsoft products over security concerns. In her consulting role, she assesses clients' data privacy practices and makes recommendations to improve their security. Advertisement"I'm not saying that you have to go out and buy an iPhone or Apple products — I have no investment in Apple," Manning told BI. Halpin is a cryptographer and former senior research scientist at MIT, who said he also avoids Microsoft and Google products because of his concerns about keeping his data secure. Related storiesMicrosoft, Google, and Apple representatives did not respond to requests for comment from Business Insider about this story.
Persons: Chelsea Manning, Harry Halpin, , Chelsea Manning —, Manning, Obama, doesn't, Nym's, Halpin, Chris Hauk, Dinesh Besiahgari, Besiahgari, it's, " Halpin Organizations: Google, Microsoft, Service, Army, Apple, MIT, Business, Trust, Security, Amazon Web Services
Opinion: Why ‘My Way’ won’t go away
  + stars: | 2024-03-03 | by ( Richard Galant | ) edition.cnn.com   time to read: +17 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. “That is the way he spoke,” Anka told Ed Masley of the Arizona Republic. It may not go his way, but the failure of Congress to approve more aid to Ukraine likely is giving Putin hope. Whether Congress chooses to provide the continued financial support Ukraine, Israel and Taiwan desperately need will go a long way toward answering this question. “If Biden wants to improve his standing with voters,” wrote Jon Gabriel, “a Brownsville photo won’t cut it.
Persons: CNN — “, , Frank Sinatra, , Alexey Navalny, Paul Anka, Sinatra, , Anka, ” Anka, Ed Masley, Vladimir Putin, Donald Trump, Melania Trump, Odessa Rae, Trump, Joe Biden, Jack Smith, Mitch McConnell, McConnell, Julian Zelizer, Putin, Emmanuel Macron, Mark T, Esper, Russia resurges, ” Esper, Nick Anderson, Dahlia Lithwick, Steve Vladeck, Walt Handlesman, Biden, Nikki Haley, “ Biden, specter, ” David Axelrod, Haley, ” Dana Summers, Joe Biden John Halpin, Sophia Nelson, Catherine Russell, Russell, Ofri Bibas Levy, Yarden, Kibbutz Nir, Shiri Bibas, Ariel, ” Levy, Shiri, Kfir, Frida Ghitis, Drew Sheneman, Roe, ” Cupp, Katie Britt, Elena Sheppard, I’d, Betsy Ross, ” Sheppard, Dorothea Dix, Lucy Delaney, Elizabeth Cady Stanton, Sheppard, Kristen Kelly, Serene Williams, Clay Jones, Jon Gabriel, Gabriel, Eric Adams, Laken Riley, Raul A, Reyes, ” Don’t, David Horsey, Agency Van Jones, Ariel Dorfman, Dean Obeidallah, Shane Gillis, Noah Berlatsky, , Kellie Carter Jackson, Lev Golinkin, Josephine Apraku, Germany Jill Filipovic, Jodie Turner, Smith, Michael Bociurkiw, Anna Arutunyan, Kirk Tanner, Jeff Yang, ” Wendy’s, ” Yang Organizations: CNN, FBI, Liberty Ball, Russia ”, Twitter, Capitol, Republicans, Senate, GOP, Trump, Republican Party, West, Tribune Content Agency Trump, Michigan Trump, Democratic, Agency, Tribune Content Agency, UNICEF, Hamas, CNN Republicans, Union, Biden, New York City, Immigration, Customs Enforcement, University of Georgia, Congressional, Stanford Locations: Moscow, Miami, Arizona Republic, Russian, Russia, Odessa, Ukraine, Michigan, , United States, Israel, Taiwan, Washington ,, Gaza, Tribune Content Agency Gaza, Rafah, , Alabama, Biden’s State, Brownsville, New York, Venezuela, Germany
John Halpin Courtesy John HalpinProgressive activists have decided to use this interlude to attack Biden for his centrist positions on immigration, energy policy and the Israel-Hamas war, in particular. Like the senators from his birth state, Biden should ignore these threats from the left and stand up strongly for his vital center perspective. Looking at Michigan specifically, the threat of Arab Americans tanking Biden must also be put in wider perspective. Even with these larger trends in the state, the authors find: “In Dearborn, Dearborn Heights, Hamtramck, and Livonia — the Michigan cities with the highest proportion of Arab American voters — Biden defeated Trump by a combined 38,000 or so votes. Democratic support for more moderate proposals backed by Biden is even higher: Three-quarters of Democrats support a plan to increase the number of immigration judges to speed up action on asylum claims.
Persons: John Halpin, , Joe Biden, Donald Trump, Biden, Rashida, uncommitted, Democratic Sens, John Fetterman, Bob Casey, Zers, tanking Biden, Karlyn Bowman, Nate Moore, Ruy Teixeira, Obama, , Mark Mellman, , Mellman Organizations: Liberal Patriot, CNN, Democratic, Democrats, Gallup, Pew Research, — Biden, Trump, Survey Center, American Enterprise Institute, Pew, Twitter, Facebook Locations: Michigan, Israel, Gaza, Tuesday’s, Pennsylvania, Black, Dearborn, Dearborn Heights, Hamtramck, Livonia —, Biden’s
DUBLIN (Reuters) - Ireland's finance minister said on Monday the country's tax office would not force firms to pay interest on taxes deferred during the COVID-19 pandemic and allow extra time to repay the debt once they keep on top of current liabilities. The government introduced the tax warehousing scheme in May 2020 and firms that had deferred liabilities that arose during one of Europe's toughest lockdown regimes had already been given extra time until May 2024 to enter into repayment arrangements. The tax office said that 5,265 taxpayers were responsible for the bulk of the warehoused debt – 1.5 billion euros – and that almost 70% of the firms with deferred debts owe less than 5,000 euros each. Business insolvencies in Ireland rose 32% year on year in 2023, but were still below pre-pandemic levels. Accounting firm PwC, which compiled the figures, expects a similar rise in 2024 and a return to the 20-year average of annual closures.
Persons: Michael McGrath, McGrath, Padraic Halpin, David Evans Organizations: DUBLIN, Reuters, Ireland's, insolvencies Locations: Ireland
(Reuters) - Ireland is in talks with other EU members who want a review of the EU-Israel Association Agreement on the basis that Israel may be breaching the agreement's human rights clause, Prime Minister Leo Varadkar told reporters in Brussels on Thursday. A number of EU states are also talking about a possible joint recognition of a Palestinian state after the current conflict, he said. "EU-Israeli relations are founded on an agreement which has a human rights clause, and a lot of us believe that Israel may be in breach of it," Varadkar told reporters following an EU summit. Ireland has long been a champion of Palestinian rights, and ministers have repeatedly said the government is considering recognising a Palestinian state. Speaking at the end of the EU summit, Varadkar said there were a lot of "very like-minded countries" around the EU table.
Persons: Leo Varadkar, Varadkar, Conor Humphries, Padraic Halpin, Hugh Lawson Organizations: Reuters, EU, Israel Locations: Ireland, Israel, Brussels, Palestinian, Gaza, Palestine, Dublin
Over 100 Flights Cancelled at Dublin Airport Due to Storm
  + stars: | 2024-01-21 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
DUBLIN (Reuters) - Airlines cancelled 102 flights in and out of Dublin airport on Sunday due to a storm that was forecast to rage for the rest of the day, the airport operator said. Storm Isha had also forced 24 aborted landings by 1700 GMT, while 27 flights opted to divert to other airports, Dublin Airport said in a post on social media platform X.Ireland's national meteorological service Met Eireann issued an orange weather warning early on Sunday for most of the country, including Dublin, meaning the winds could significantly impact people, property and activity in an area. Parts of the west and northwest were placed under a more severe red warning. Amsterdam's Schiphol Airport cancelled 130 flights scheduled for Monday as a preventive measure because of strong winds expected when Storm Isha reaches the Netherlands, the airport said on Sunday. (Reporting by Padraic Halpin, Editng by Angus MacSwan)
Persons: Storm Isha, Padraic Halpin, Angus MacSwan Organizations: DUBLIN, Reuters, Airlines, Dublin Airport, Met, Schiphol Locations: Dublin, Netherlands, Editng
On Visit to Ireland, Chinese Premier Eyes Deeper Economic Ties
  + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com   time to read: +2 min
DUBLIN (Reuters) - China would like to deepen economic and trade cooperation with Ireland, particularly in areas of "huge potential" such as green technologies and the digital economy, Premier Li Qiang said on Wednesday during a trip to Dublin. "Looking ahead, we would like to work more closely with Ireland to build on what we already achieved," Li said in a speech through an interpreter. "There's huge potential in our cooperation in green technologies, in bio manufacturing, in the digital economy. Li, who is finishing his European trip in Ireland, highlighted China's potential for foreign investment in a keynote speech to business leaders at the World Economic Forum (WEF) in Davos on Tuesday. Before exchanging toasts with Li, Prime Minister Leo Varadkar said Ireland was also committed to pursuing deeper economic ties and assisting Irish and Chinese companies, on the basis of transparency and fair competition.
Persons: Li Qiang, Li, Li Keqiang, Leo Varadkar, Varadkar, Padraic Halpin, Jon Boyle, Tomasz Janowski Organizations: DUBLIN, Reuters, Ireland, Economic, United Nations Security Council Locations: China, Ireland, Dublin, Davos, Ukraine, East, Myanmar
[1/2] Shane MacGowan, former lead singer of The Pogues, performs during the Montreux Jazz festival in the [Miles Davis] Hall late July 15, 1995. MacGowan and his band The Popes were part of the 'Irish Night' during the festival. MacGowan brought Irish traditional music to a huge new audience in the late 1980s by splicing it with punk, and achieved mainstream success with his bittersweet, expletive-strewn 1987 Christmas anthem "Fairytale of New York". Irish President Michael D. Higgins, also a poet, described MacGowan on Thursday as one of music's greatest lyricists. Following a decade with a new band, the Popes, MacGowan and the Pogues reunited and toured regularly until 2014.
Persons: Shane MacGowan, Miles Davis, MacGowan, Stringer, Pogues, Nick Cave, Victoria Mary Clarke, Jesus, Mary, Therese, Pogue Mahone, Elvis Costello, Joe Strummer, Michael D, Higgins, Kirsty MacColl, Bono, Sinead O'Connor, Glen Matlock, Johnny Depp, Cave, Muvija M, Graham Fahy, Conor Humphries, Padraic Halpin, Alex Richardson, Andrew Heavens Organizations: Montreux Jazz, Hall, Guardian, Westminster School, Pogues, Sex, Thomson Locations: Kent, Ireland, DUBLIN, London, Irish, York, English, Soho, Siam, New Zealand, Japan
It took officers several hours to regain control after the crowd grew to around 200 to 300 people. A double decker bus, tram and police car were burned out, public transport shut down and people urged to stay away from large parts of the city. Dublin Fire Brigade said firefighters continued to damp down a smouldering tram on O'Connell Street on Friday morning and make the scene safe. Public transport resumed, but with restrictions in the area. There are no far-right parties or politicians elected to parliament, but small anti-immigrant protests have grown in the last year.
Persons: Padraic Halpin, Conor Humphries DUBLIN, Patrick McMenamin, Kate Holton Organizations: Reuters, Police, Fire Brigade, Public Locations: Dublin's, O'Connell
A bus burns during a demonstration following a suspected stabbing that left few children injured in Dublin, Ireland, November 23, 2023. A double decker bus, tram and police car were burned out, public transport shut down and people urged to stay away from large parts of the city. Dublin Fire Brigade said firefighters continued to damp down a smouldering tram on O'Connell Street on Friday morning and make the scene safe. Public transport resumed, but with restrictions in the area. There are no far-right parties or politicians elected to parliament, but small anti-immigrant protests have grown in the last year.
Persons: Clodagh, Patrick McMenamin, Padraic Halpin, Kate Holton Organizations: REUTERS, Rights, Police, Fire Brigade, Public, Thomson Locations: Dublin, Ireland, Dublin's, O'Connell
DUBLIN, Nov 23 (Reuters) - Irish police said five people, including three young children, had been taken to hospital on Thursday following what local media said was a stabbing in Dublin city centre on Thursday. He added that he saw a man lying on his side but did not see the events before. One girl has sustained serious injuries and the other two children are being treated for less serious injuries, police said. An adult female is also being treated for serious injuries and an adult male has less serious injuries, police added. Local media reported that the people were stabbed on Dublin's Parnell Square, which is next to Dublin city's main thoroughfare of O'Connell Street.
Persons: Leo Varadkar, Anthony Boyle, Dublin's, Varadkar, Padraic Halpin, Conor Humphries, William James, Alexandra Hudson Organizations: DUBLIN, National, RTE, Reuters, Local, Irish Times, Alexandra Hudson Our, Thomson Locations: Dublin, O'Connell, Parnell
A five-year-old girl was receiving emergency treatment after sustaining serious injuries in the stabbing. A man in his late 40s, also being treated for serious injuries, was arrested by police who said they are not looking for any other suspect. [1/9]A police vehicle burns during a demonstration following a suspected stabbing that left few children injured in Dublin, Ireland, November 23, 2023. A woman in her 30s was also being treated for serious injuries while the two other children, a five-year-old boy and six-year-old girl, suffered less serious injuries. SOW DIVISIONThe scene was still sealed off shortly before 1800 GMT when a group of around 50 anti-immigrant protesters briefly broke through a police barrier.
Persons: Daniel O'Connell, Drew Harris, Harris, I'm, Clodagh, Anthony Boyle, Helen McEntee, Conor Humphries, Padraic Halpin, William James, Alexandra Hudson, Kirsten Donovan, David Evans, Daniel Wallis Organizations: Riot, Police, REUTERS, Rights Police, Reuters, Gardai, Thomson Locations: DUBLIN, Dublin, O'Connell, Holiday, Ireland
Leasing giant SMBC places order for 60 Airbus A320neo planes
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +2 min
The logo of Airbus is seen at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsDUBLIN, Nov 21 (Reuters) - SMBC Aviation Capital placed an order for 60 Airbus (AIR.PA) A320neo family aircraft, the world's second largest aircraft leasing firm said on Tuesday, without disclosing the financial details of the deal. Nikkei Asia, which first reported the deal, said it was thought to be worth around $3.4 billion, based on the A320neo's market price. Boeing won new orders for 196 aircraft while Airbus agreed deals for 55 jets amid soaring demand for wide-body planes. "This transaction is further testament of sustained global demand for technologically advanced, fuel-efficient aircraft, and comes amidst the continuing strong recovery in air travel worldwide," SMBC CEO Peter Barrett said in a statement.
Persons: Sarah Meyssonnier, Peter Barrett, Padraic Halpin, Kirsten Donovan Organizations: Airbus, REUTERS, Rights, SMBC Aviation Capital, Nikkei, Boeing, Dubai Airshow, Japan's Sumitomo Corp, Sumitomo Mitsui Financial Group, Thomson Locations: Paris, Villepinte, France, Nikkei Asia
REUTERS/Ken Cedeno/Pool/File Photo Acquire Licensing RightsDUBLIN Nov 8 (Reuters) - A rise in geopolitical tensions across the world could aggravate already subdued growth in Europe and China and the spillover may alter the path of the U.S. economy, Federal Reserve Governor Lisa Cook said on Wednesday. "We are not only watching subdued growth, we're watching the geopolitical tensions that we're all talking about, and that could change the outlook both in the United States and the global economy." Cook added that geopolitical tensions may in particular destabilize commodity markets and access to credit in the current higher interest rate environment. "Any shock could make the situation worse that we're already (in)... and could be destabilizing to commodity markets, could be destabilizing to the system of credit," Cook said. "More broadly, escalation of geopolitical tensions could lead to lower economic activity and increased fragmentation of global trade flows and financial intermediation, raising financing and production costs and contributing to more sustained supply chain challenges and inflationary pressures," Cook said.
Persons: Lisa DeNell Cook, Ken Cedeno, Lisa Cook, Cook, We're, Padraic Halpin, Conor Humphries, Ann Saphir, Lindsay Dunsmuir, Leslie Adler, Mark Potter Organizations: Governors, Federal Reserve System, Banking, Housing, Urban, Capitol, Washington , D.C, REUTERS, DUBLIN, Federal, Central Bank of Ireland, Thomson Locations: Michigan, Washington ,, Europe, China, U.S, Dublin, United States, Ukraine, Russia, East, San Francisco
Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.
Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun Khalid Sunil Khandelwal Scott Kilpatrick Jenny Kim Ashley King Joel Klaus Rene Klos Rossitsa, Michael Kondoleon Gregory Kontopoulos Larry Kornreich Shrivathsa Kota Konrad Krallmann Ken Kraska Alexander Kretzberg Bryant Krongard Simon Kubbies Adam Kulik Peter Kulka Ajeya Kumar Aditya Kurella Sara Lachapelle Raagini, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary LeDonne, Allison Lee Michael Lee Soohyun Lee Victoria Lewis Alice Li Qing Li George Lin Ali Lippert David Lipworth Bozhena Lisko, Murphy Mark Littlewood Zhenyi Liu Yelli Lobel Avinash Lobo Burke Loeffler Gabriela Lopez Cristian Lopez, Balboa Carlos Lopez Torrero Stephanie Louie Edward Lowe Reynolds Lowry Fei Luo Ranjan Luthra Sangeetha M Martin Ma Matthew Maciaszek Michael Magee Steffen Mahringer Poonam Majithia Terres Maloney Gopal Manchikanti Jade Mandel, Manfay Varun, Pierre Marboeuf Matt Margolin Thiago Marinheiro Kevin Martens Masato Maruyama Lucinda Mataka Rishi Mathur Pierre Maugest Scott Maxfield Andrei Maxim Michael McClurg Selina McCole Jeff McCown Andrea McGee Sinead McGuigan John McGuinness Benjamin McRoberts Amit Mehrotra Gaurav Mehta Kelly Mellecker Josef Menasche Raf Mercado Alexander Mielke Rachel Miles Christopher Miller Megan Miller Robert Miller Max Minton Edward Mitchell Oliver Money Tyler Moni Anna Montvai Taylor Moore Anthony Moschella Brandon Moy Faraz Munaim Sasha Munn Ashok Musuvathy Negar, Julian Naden Robinson Hiroki Nagamine Srijith Nair Cornelius Namiluko Sanjiv Nanwani Jay Narain Robert Andranik Nazarian Jovan Negovan Ryan Newman Michael Ng, Tasuku Nishihara John Nixon Kristy Nomi Alexandre Nunes Patrick O'Callaghan Yusuke Ochi KC O'Connor David Olivares Erica Olsen Victoria Ortengren Anas, Peter Pace Robert Packwood Nitin, Ellen Pak Ruth Pan Pedro Panizo Jayshri, Rahul Parikh Dan Parisi Freddie Parker Phil Parsons Peter Paruch Paul Pate Bella Patel Preya Patel Rakesh Patel Amit Patni Ed Paulinski Adam Pennacchio Kyle Penton Abhishek Periwal Michael Perrier Yoric Perrin Rasmus Persson Tommy Pinhas, Marco Poletti Megan Prasad Avijit Praveer James Puccinelli Sameer Punde Rob Pyne Na Qiao Valentina Quadri Marco Quirico Anya Radford Abhishek Rai Rahul Raj Ram Rajamony Ryan Ramsay Rami Rankoussi Nach Rao Pawan Rao Anurag Rathi Philip Renton Noel Reyes Ruth Reynolds Timothy Richards Peter Richter Brigid Riley Hutchinson Nick Rill Kristina Ristagno Vicky Ritter Martin Roberson James Roberts James Robinson Giorgio, Erin Roos Erin Ross Sumit Roy Conrad Ryan Soo, Ryu David Sage Jai Sahani Namita, Sarah Sakkej Karim Saleh Ayesha Salman Divya Samani Henrik Samuelsson Ryan Sansalone Vikram Sarker Shalini Satish Babu Charlotte Saury, Hania Schmidt Helene Schmitt Emily Schorr Wendy Schrunk Thomas Schwegler Michael Sciancalepore Brandon Seaman Benjamin Seigel Gamal Selvarajah Nicholas Semeniuk Devjoy Sengupta Michael Shafik Arpan Shah Shashwat Shah Shahnawaz Shahbaz Manoj Sharma Sachin Sharma Wazila, Gunduz Shirin Alex Silver Asmita Singh Kamalpreet Singh Andrew Sinnott Sapna, Dan Skinner Andrew Snow Stephanie Snyder Farouk Soussa Christopher Spahr Erik Sparks Matt Speltz Naveen Srinivasan Bhargav, Warren, Damian Steele Tobias Stein Catherine Stemp Dave Stringer Shekar Subramanian Jordan Sudy Philipp Suess Fatima Sultana Lu Sun Kumar Sundaram Fiona Syer Matthew Sykes Tofi, Filippo Taddei Sandhya Tadishetty Omer Tanvir Rita Taylor Zachary Tcheyan Brian Teague Wesley, Caitlin Terry Thomas Tesauro Hemal, Justin Therry Christine Thornburg Gregory Thysheril Angelo Tierno Alexander Tingle Ryan Townsend Cynthia Trillo Dimitris, Jessica Tung Jonathan Tung Ezgi, Zachary Upcheshaw Kiyomi, Nadine Urseanu Jim Vais Pim Valantagul Perrin Van Allen Annerieke van Dijk Jeroen van Dorp Dennis van Laer Todd van Stolk, Riley Jacqueline Vargas Alexander Vavalidis Edwin Velez Prasanna Venugopal Tim Verheyden Amanda Verstegen Ankit Vijay Vargiya Salvador Villanueva Arthur Villard Sichel Denzel Voesenek Bradley Wainwright Adam Walker Barbara Walters Omar Waly Daniel Wang Kenneth Wang Kristen Ward Gavin Warren Michael Washington Harry Webster Fredrik Weege Brian Weiss Thomas Weitz Nat Wells Joe Wenzel Tim Whitehead Henry Willans Matthew Williams Taylor Williams Katie Wilson Richard Wilson Stephanie Wisner Ilana Wolfe Jake Woodson Jeff Wu Qi Wu Jackson Yang Esma, Yoon Harm, John Zhai Jenny Zhang Lynn Zhang Raye Zhu Jane Zhuang Hans Zijlmans Carolyn Zimmer Samia Zitouni Mira Zorkot Organizations: Goldman, Wall, Carolina, Nick De Kock Ann de la Montaigne, Langalia Chaim Langer Alexander Langley Raven LaRue Dolapo Lawal Claire Leblanc Mary Locations: Europe, Asia, India
Ireland hikes bank levy to 200 mln euros, revises methodology
  + stars: | 2023-10-10 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Clodagh Kilcoyne/ File Photo Acquire Licensing RightsDUBLIN, Oct 10 (Reuters) - Ireland will revise how it calculates its levy on banks after announcing plans to raise 200 million euros ($211.7 million) from the measure next year, up from 87 million euros in 2023, Finance Minister Michael McGrath said on Tuesday. The share paid by the remaining three banks is based on the amount of deposit interest retention tax (DIRT) each pay. McGrath told a news conference that the basis of the levy will change to being related to the value of a lender's deposits. Analysts at Davy Stockbrokers had said that an increase to 200 million euros based on the existing DIRT would have had an outsized impact on Permanent TSB (PTSB.I), relative to its larger rivals AIB (AIBG.I) and Bank of Ireland (BIRG.I). Davy estimated that the incremental impact from an increase based on retail or household deposits would be in the range of 2-3% of 2024 profit before tax across all three banks, based on its current forecasts.
Persons: Finance Paschal Donohoe, Michael McGrath, Clodagh, McGrath, Davy Stockbrokers, Davy, Padraic Halpin, William Schomberg, Mark Heinrich Our Organizations: Finance, Public Expenditure, REUTERS, Rights, TSB, AIB, Bank of Ireland, Thomson Locations: Dublin, Ireland, LONDON
"The costs that we are providing for are going to come at us really quickly. A package of one-off financial supports totalling another 2.4 billion euros will be added on top of that, a source familiar with the process told Reuters. A similarly expansive budget a year ago that included even more generous one-off measures handed little political momentum to the three-party coalition. The left-wing opposition Sinn Fein remains well ahead in polls, with elections due by early 2025. ($1 = 0.9478 euros)Reporting by Padraic Halpin; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
Persons: Michael McGrath, McGrath, Sinn Fein, Padraic Halpin, Toby Chopra Organizations: DUBLIN, Finance, Reuters, Thomson Locations: Ireland, Europe, Dublin
Ireland trims 2023 budget surplus, corporate tax forecasts
  + stars: | 2023-10-07 | by ( ) www.reuters.com   time to read: +2 min
DUBLIN, Oct 7 (Reuters) - Ireland is set to collect 0.6% less tax than expected this year following a recent fall in corporate receipts and deliver a lower than forecast budget surplus that Tuesday's budget will further eat into, finance ministry data showed on Saturday. Ireland has collected record levels of tax in recent years, driven by a fast-growing economy and booming corporate tax returns. Instead they are now expected to rise by 4% to 23.6 billion euros. The finance ministry also cut the forecast for 2024 to 24.5 billion euros from 25.1 billion euros. As a result it lowered the 2023 projected budget surplus to 9.6 billion euros or 1.8% of gross domestic product (GDP), from the 10 billion euros forecast in July.
Persons: Michael McGrath, Padraic Halpin, Alex Richardson Organizations: DUBLIN, Ministers, Thomson Locations: Ireland
A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. The effort in Ireland is Intel’s first attempt at high-volume manufacturing using EUV technology. Beyond its existing facilities in Ireland, Intel plans to build a big chip complex in Germany and semiconductor assembly and test facility in Poland. The three facilities will help create a first-of-its-kind end-to-end advanced semiconductor manufacturing value chain in Europe, Intel said. The new factory will double Intel’s manufacturing space in Ireland, where it is one of the country’s largest multinational employers with 4,900 people, around half its European workforce.
Persons: Dado Ruvic, Intel’s, ” Ann Kelleher Organizations: DUBLIN, Reuters, Intel, REUTERS, U.S ., Taiwan Semiconductor Manufacturing, PCs, U.S Locations: Ireland, U.S, Europe, Leixlip, Dublin, Portland, Hillsboro , Oregon, Arizona, Germany, Poland
Flutter, the world's largest online betting company, said the 700 million euro Serbian betting market is attractive due to its relatively low online penetration of around 35% and expected online compound annual growth to 2025 of approximately 15%. MaxBet, which generated pro forma fully regulated revenue of 145 million euros in the year to June, 44% of it online, also has a smaller presence in Bosnia, Montenegro and North Macedonia. "We believe MaxBet is an excellent opportunity to replicate the success we have achieved in markets like Georgia, India and Italy," Flutter CEO Peter Jackson said in a statement, referring to similar acquisitions in those markets. Flutter, which makes 78% of its revenue in its main divisions of the U.S., Australia and the United Kingdom and Ireland, operates in more than 100 countries around the world. ($1 = 0.9466 euros)Reporting by Padraic Halpin; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.
Persons: Paddy Power, Peter Jackson, Padraic Halpin, Jan Harvey Organizations: DUBLIN, Thomson Locations: Balkans, Bosnia, Montenegro, North Macedonia, Georgia, India, Italy, U.S, Australia, United Kingdom, Ireland
DUBLIN (Reuters) - Irish rangers made the country's biggest ever drugs seizure after a naval operation involving warning shots being fired at a Panamanian cargo vessel which had refused to follow instructions, authorities said on Wednesday. The seizure of 2,253 kg (4,967 pounds) of cocaine worth an estimated 157 million euros ($166 million) came after members of the army ranger wing boarded the vessel off the country's southeast coast using ropes dropped from a helicopter in high winds. "I cannot overemphasise the significance of this operation and the disruption that this is going to cause the organised criminal group behind the shipment," he told a press conference. Kelly said the cocaine was partly destined for the Irish market and that the organised crime group comprised a number of different elements across Europe. The operation was conducted in collaboration with a group comprising five other EU member states and Britain.
Persons: Justin Kelly, Kelly, Padraic Halpin, David Holmes Organizations: DUBLIN, Reuters Locations: Panamanian, Panama, South America, Europe, Britain, Spain, Netherlands, Poland
Employees work on a Ryanair plane preparing to take off at the Rosalia De Castro airport in Santiago de Compostela, Spain June 24, 2022. The Irish airline, Europe's largest by passenger numbers, cited Dublin Airport Authority's increased passenger charges and a failure to deliver a "meaningful" environmental incentive scheme as motivation for the decision. The Dublin Airport Authority said in a statement that Ryanair was exaggerating the size of increased charges and that the authority was consulting with airlines about a proposed scheme to incentivise lower-emission aircraft in 2024. It said Dublin Airport's passenger numbers had recovered to pre-pandemic levels and that it had no need to incentivise new growth given a capacity limit under the airport's planning permission. Ryanair frequently cuts capacity from airports during disputes over charges and typically allocates aircraft to airports and regions offering the best growth incentives.
Persons: Rosalia De, Nacho, Eddie Wilson, Padraic Halpin, Conor Humphries, Kylie MacLellan Organizations: Ryanair, REUTERS, Rights, Boeing, MAX, Luton Airport, Irish, Dublin Airport Authority, Thomson Locations: Rosalia De Castro, Santiago de Compostela, Spain, Dublin, Italy
DUBLIN, Sept 15 (Reuters) - Ireland is considering reintroducing tax relief on mortgage interest payments but any scheme is likely to be limited to borrowers hit hardest by rising interest rates, Prime Minister Leo Varadkar said on Friday. The government ended a broader scheme in 2020 that had offered tax relief to borrowers who had taken out mortgages in the lead-up to and aftermath of Ireland's 2008 banking crash. Ministers have come under pressure from opposition politicians to reopen the scheme with each European Central Bank rate hike, most recently on Thursday when policymakers pushed the euro zone's key interest rate to a record high of 4%. Data on Friday from Ireland's central bank showed that the total stock of mortgages in arrears fell 4% quarter-on-quarter in the three months to June. (This story has been refiled to correct photo)Reporting by Padraic Halpin; Editing by Sachin RavikumarOur Standards: The Thomson Reuters Trust Principles.
Persons: Leo Varadkar, Varadkar, Derville Rowland, Padraic Halpin, Sachin Ravikumar Organizations: DUBLIN, Ministers, European Central Bank, Central Bank of Ireland, Thomson Locations: Ireland, Ireland's
EU flag and TikTok logo are seen in this illustration taken, June 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies TikTok FollowMeta Platforms Inc FollowDUBLIN, Sept 15 (Reuters) - TikTok has been fined 345 million euros ($370 million) for breaching privacy laws regarding the processing of children's personal data in the European Union, its lead regulator in the bloc said on Friday. The DPC gave TikTok three months to bring all its processing into compliance where infringements were found. It has a second probe open into the transferring by TikTok of personal data to China and whether it complies with EU data law when moving personal data to countries outside the bloc. The DPC has hit other tech giants with big fines, including a combined 2.5 billion euros levied on Meta (META.O).
Persons: Dado Ruvic, TikTok, Padraic Halpin, Jason Neely Organizations: REUTERS, European Union, Data Protection, Meta, Thomson Locations: Ireland, China
SMBC agrees $3.7 bln deal for 25 Boeing 737 MAX jets
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +1 min
DUBLIN, Sept 12 (Reuters) - Global leasing giant SMBC Aviation Capital said on Tuesday it had concluded an order for 25 Boeing (BA.N) 737 MAX aircraft in a deal worth more than $3.7 billion at current list prices that would support its growth plans and meet customer demand. SMBC, the world's second largest aircraft leasing firm, said the new planes are scheduled for delivery in 2028 and 2029 and will increase its orders of Boeing's more fuel-efficient MAX jets to 81 aircraft. "Our customers have demonstrated clear long-term demand for the 737 MAX and our expanded order pipeline positions SMBC Aviation Capital for future growth against the background of a strong global recovery in air travel," SMBC CEO Peter Barrett said in a statement. The Irish-based lessor, which is owned by a consortium including Japan's Sumitomo Corp (8053.T) and Sumitomo Mitsui Financial Group , currently owns or manages 65 MAX aircraft, out of a total portfolio of 711 planes. Boeing said last week that it is set to meet targets to deliver at least 400 narrowbody 737s this year despite a recently discovered production flaw that has slowed deliveries of the best-selling 737 MAX.
Persons: Peter Barrett, Padraic Halpin, Jason Neely Organizations: DUBLIN, Global, SMBC Aviation Capital, Boeing, Japan's Sumitomo Corp, Sumitomo Mitsui Financial Group, Thomson
Total: 25