Tom McEnaney
๐ค SpeakerAppearances Over Time
Podcast Appearances
The lead story in the Financial Times this morning is that Norway has suspended its ethical investment rules to avoid its $2.1 trillion oil fund being forced to sell out of Amazon, Microsoft and Alphabet due to the work they do for the Israeli government.
Norway's Finance Minister Jens Stoltenberg
Stoltenberg told the paper that the US had publicly conveyed its concerns after the world's largest sovereign wealth fund sold out of Caterpillar after its bulldozers were used in the Palestinian territories.
The Irish Times leads with a joint report by the Central Bank and the Climate Change Advisory Council, which concludes that Irish investment in actions to counter the effects of global, that Irish investment is lacking in terms of actions to counter the effects of global warming.
This ties into the paper's lead story from COP30, where we are told that rising temperatures will make much of the world unlivable.
Over in the paper's commercial property section, editor Ronald Quinlan tells us that Irish family office outfit Ardvest has paid a total of 41.5 million euros for office investments in Dublin city centre and Dublin 15.
And in the Irish Examiner, the lead story on page one is that the collapse of delivery firm Fastway has left workers and drivers owed millions of euros, while hundreds of small firms are scrambling to find alternative means to move their stock ahead of Christmas.
The paper's business section leads with news that the Competition and Consumer Protection Commission has published an open letter warning traders in the home building and improvement sectors to adhere to their legal obligations.
Breakfast Business with Enterprise Ireland on Newstalk.
Good morning and welcome to Breakfast Business with me, Tom McEnany, standing in for Joe Lynham.
Coming up, how much does it cost to rebuild your home?
We'll be talking to the Society of Chartered Surveyors.
We'll also look at the latest recruitment trends.
And of course, we'll check out what's happening in the markets.
But first, let's have a look at the business sections this morning.
Ryanair profits rose 42% to ยฃ2.54 billion in the six months to the end of September after a record performance in the second quarter.
That's the lead story in the business section of the Irish Times.
The airline's shares closed up 6%.
Breakfast Business with Enterprise Ireland on Newstalk.
Good morning, you're listening to Breakfast Business with me, Tom McEnany, standing in for Joel Lynham.