Joe Lynam

Breakfast Business with Enterprise Ireland on Newstalk.

Good morning and welcome to Breakfast Business and thank you to your sunny Shane Beattie.

It is Friday the 17th of October at 6.31.

Happy Pasta Day.

Coming up on today's show, we'll be talking about new shipping routes via the Arctic and we'll be chatting to Workday and AI doing HR jobs and all the markets as usual.

You can email us business at newstalk.com.

But first, let's have a look at the main business stories in the newspapers and websites, which we shall do in the competent and rarely complacent company of Aidan Donnelly from Davies.

Good morning, Aidan.

Good morning, Joe.

How are you?

Not too bad.

Any plans for the weekend?

Oh, it has.

OK.

Were you counting your cash then last night?

Let us start actually talking about money and exchanges.

The German Chancellor Friedrich Merz gave a very interesting speech in the Bundestag yesterday in Berlin calling for a single European stock exchange.

You're absolutely right, and that is the purpose of the Savings and Investments Union that the European Union is talking about, and I was speaking to the Financial Services Commissioner about this three weeks ago exactly.

Yes, it's prizing open those wallets and purses because of the trillions of euros sitting on current accounts, earning nothing.

It's interesting, though, from the perspective of Friedrich Merz, he used to work for BlackRock,