Archive for August 2025
Erosion of Fed independence would lead to higher inflation, ECB’s Rehn says
Erosion of Fed independence would lead to higher inflation, ECB’s Rehn says US President Donald Trump’s escalating attacks on the Federal Reserve could have substantial and global knock-on effects on the financial markets and the real economy, including higher inflation, ECB policymaker Olli Rehn said today. Questions over the independence of the Fed, the world’s…
Read MoreAA Ireland survey reveals dip in petrol and diesel prices
AA Ireland’s latest monthly fuel price survey shows that the cost of both petrol and diesel eased in August. The price of unleaded petrol now averages €1.70 a litre, down from €1.73 in July, while the average diesel price stood at €1.68 per litre, down from €1.69 in July. AA Ireland also said that while…
Read MoreTourism figures down by 1% in July compared to 2024, 2023
New figures from the Central Statistics Office show that 646,400 foreign visitors completed a trip to Ireland in July, a decrease of 1% when compared with the same month in both 2024 and 2023. The CSO said the average length of stay for the tourists was 7.9 nights, down from an average of 8.1 nights…
Read MoreTikTok owner ByteDance sets valuation at over $330 billion as revenue grows – sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued revenue growth, said three people with knowledge of the matter. The company plans to offer current employees $200.41 per share in the repurchase programme,…
Read MoreAmerican Bitcoin, backed by Trump’s sons, aims to start trading in September
American Bitcoin, the bitcoin miner backed by US President Donald Trump’s two sons, has locked in crypto and traditional investors to back an all-stock merger that will allow the firm to soon start trading on the Nasdaq, the company’s largest investor said. The unlisted firm’s merger with Gryphon Digital Mining is set to be finalised…
Read MorePricing in an Inflationary Market: How to Update Rates and Retain Customers
At KAAS we know rising costs have become a reality for almost every business. From raw materials and energy to wages and logistics, inflation puts pressure on profit margins and leaves owners facing a difficult question: how to adjust prices without driving customers away. The key is to strike a balance between protecting your business…
Read MoreEU claims ‘sovereign right’ to regulate tech after Trump threat
The European Commission asserted the “sovereign right” to regulate the activities of tech giants within the bloc and rejected claims by President Donald Trump that its rules unfairly harm US firms. Brussels has adopted a powerful legal arsenal aimed at reining in tech giants, particularly through the Digital Markets Act (DMA) covering competition and Digital…
Read MoreVhi to increase prices by average of 3% from 1 October
Vhi, the country’s largest health insurer, is to increase the prices of its policies by an average of 3% from October. It is estimated the increase will mean an individual will pay between €15 and €80 extra per year for their health insurance, while a family plan could go up by around €180. Consumers will…
Read MoreHousing body urges ‘ramp up’ of cost rental properties
The Chief Operations Officer at Tuath Housing has said there is a need to “ramp up social and cost rental supply” to provide security for the next generation. Bronagh D’Arcy said decisions taken in this year’s budget will be “critical” as the Approved Housing Body released its annual report today. It emphasises that demand continues…
Read MoreRevenue Audits in Ireland: A Business Owner’s Checklist
At KAAS we know a Revenue audit is one of the more daunting experiences for Irish business owners. It can feel like a test of everything from bookkeeping practices to tax compliance. While the process can be challenging, being prepared makes a significant difference. By knowing what Revenue looks for and how to organise your…
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