Brexit and trade tensions having an impact on Irish growth, finance minister says

Brexit and trade tensions having an impact on Irish growth, finance minister says5 Hours AgoPresident Donald Trump’s comments about the transatlantic relationship between the EU and U.S. are ‘a concern’ for Ireland, whose small and open economy is already being impacted by global trade tensions and Brexit, Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.


Brexit and trade tensions having an impact on Irish growth, finance minister says5 Hours AgoPresident Donald Trump’s comments about the transatlantic relationship between the EU and U.S. are ‘a concern’ for Ireland, whose small and open economy is already being impacted by global trade tensions and Brexit, Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.
Brexit and trade tensions having an impact on Irish growth, finance minister says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: paul faith, afp, getty images
Keywords: news, cnbc, companies, brexit, minister, tensions, growth, washington, impact, trumps, transatlantic, told, spring, trade, having, finance, irish


Brexit and trade tensions having an impact on Irish growth, finance minister says

Brexit and trade tensions having an impact on Irish growth, finance minister says

5 Hours Ago

President Donald Trump’s comments about the transatlantic relationship between the EU and U.S. are ‘a concern’ for Ireland, whose small and open economy is already being impacted by global trade tensions and Brexit, Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.


Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: paul faith, afp, getty images
Keywords: news, cnbc, companies, brexit, minister, tensions, growth, washington, impact, trumps, transatlantic, told, spring, trade, having, finance, irish


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Ireland is adequately prepared for a disorderly Brexit, finance minister says

Ireland is adequately prepared for a disorderly Brexit, finance minister says7 Hours AgoThe U.K.’s recently-granted Brexit extension is seen as a positive development in Ireland, but the government is encouraging Irish companies to make all necessary preparations to cope with a potential disorderly Brexit, Irish Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.


Ireland is adequately prepared for a disorderly Brexit, finance minister says7 Hours AgoThe U.K.’s recently-granted Brexit extension is seen as a positive development in Ireland, but the government is encouraging Irish companies to make all necessary preparations to cope with a potential disorderly Brexit, Irish Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.
Ireland is adequately prepared for a disorderly Brexit, finance minister says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: niall carson, pa images, getty images
Keywords: news, cnbc, companies, prepared, minister, brexit, told, ireland, adequately, spring, uks, washington, finance, disorderly, irish


Ireland is adequately prepared for a disorderly Brexit, finance minister says

Ireland is adequately prepared for a disorderly Brexit, finance minister says

7 Hours Ago

The U.K.’s recently-granted Brexit extension is seen as a positive development in Ireland, but the government is encouraging Irish companies to make all necessary preparations to cope with a potential disorderly Brexit, Irish Finance Minister Paschal Donohoe told CNBC’s Joumanna Bercetche during the IMF Spring Meetings in Washington, D.C.


Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: niall carson, pa images, getty images
Keywords: news, cnbc, companies, prepared, minister, brexit, told, ireland, adequately, spring, uks, washington, finance, disorderly, irish


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Credit Suisse Asian Investment Conference

4 Hours AgoThe closest the U.K. can get to a no-deal Brexit for leaving the EU is the so-called Malthouse compromise — a plan that addresses the contentious issue of the Irish border, according to Andrew Garthwaite.


4 Hours AgoThe closest the U.K. can get to a no-deal Brexit for leaving the EU is the so-called Malthouse compromise — a plan that addresses the contentious issue of the Irish border, according to Andrew Garthwaite.
Credit Suisse Asian Investment Conference Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: daniel acker, bloomberg, getty images, anthony kwan, graham crouch, jerome favre, stefano rellandini, fred dufour, afp, carolyn kaster
Keywords: news, cnbc, companies, conference, plan, malthouse, suisse, investment, asian, garthwaite, issue, uk, irish, socalled, leaving, nodeal, hours, credit


Credit Suisse Asian Investment Conference

4 Hours Ago

The closest the U.K. can get to a no-deal Brexit for leaving the EU is the so-called Malthouse compromise — a plan that addresses the contentious issue of the Irish border, according to Andrew Garthwaite.


Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: daniel acker, bloomberg, getty images, anthony kwan, graham crouch, jerome favre, stefano rellandini, fred dufour, afp, carolyn kaster
Keywords: news, cnbc, companies, conference, plan, malthouse, suisse, investment, asian, garthwaite, issue, uk, irish, socalled, leaving, nodeal, hours, credit


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Irish whiskey continues to thrive in the US, thanks to millennials

But they’re actually helping at least one industry: Irish whiskey. Over the last five years, the volume of Irish whiskey sold in the U.S. grew by 61 percent, according to the Irish Food Board. American millennials are driving the growth of Irish whiskey in the U.S., in part, due to their willingness to spent more on higher quality alcohol, Ozgo said. Irish whiskey tends to be smoother and less smoky than its Scottish cousin scotch and less sweet than American and Canadian varieties. Ozgo also no


But they’re actually helping at least one industry: Irish whiskey. Over the last five years, the volume of Irish whiskey sold in the U.S. grew by 61 percent, according to the Irish Food Board. American millennials are driving the growth of Irish whiskey in the U.S., in part, due to their willingness to spent more on higher quality alcohol, Ozgo said. Irish whiskey tends to be smoother and less smoky than its Scottish cousin scotch and less sweet than American and Canadian varieties. Ozgo also no
Irish whiskey continues to thrive in the US, thanks to millennials Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: amelia lucas, igor golovniov, lightrocket, getty images
Keywords: news, cnbc, companies, whiskey, thrive, thanks, spirits, according, irish, market, continues, millennials, worlds, volume, distillers, spending, sold


Irish whiskey continues to thrive in the US, thanks to millennials

Millennials have been accused of killing canned tuna, motorcycles and diamonds. But they’re actually helping at least one industry: Irish whiskey.

Over the last five years, the volume of Irish whiskey sold in the U.S. grew by 61 percent, according to the Irish Food Board. In 2018 alone, sales grew by 9.4 percent compared to the previous year, netting distillers roughly $1 billion in revenue.

Last year also marked the ninth straight time that spirits took market share from beer, according to David Ozgo, the Distilled Spirits Council’s chief economist.

American millennials are driving the growth of Irish whiskey in the U.S., in part, due to their willingness to spent more on higher quality alcohol, Ozgo said.

Despite its growth in the U.S. and elsewhere in the world, Irish whiskey still represents less than 3 percent of the case volume of all spirits sold. But spirits companies are trying to change that, spending more on marketing pushes for their brands. For example, when Diageo, the world’s largest spirits purveyor, re-entered the booming market in 2017 with Roe & Co., it increased its marketing spending by 20 percent compared to the previous year.

Irish whiskey tends to be smoother and less smoky than its Scottish cousin scotch and less sweet than American and Canadian varieties.

Jameson, owned by French spirits giant Pernod Ricard, remains the market leader. But there are some upstarts looking to make their own mark on the space. In 2013, there were just three distillers in Ireland: Cooley, Irish Distillers and Dingle Distillery. Now, there are 18 facilities with eight more on the way, according to the Irish Food Board.

Ozgo also noted that cocktails featuring Irish whiskey have become more popular menu items over the years. New York City’s The Dead Rabbit, named the World’s Best Bar in 2016 by Drinks International, devotes about half of its menu to such cocktails, but its bartenders are also trained to help customers learn more about the alcohol.

“What I generally see is, people say whiskey as a general term, and then that’s where we say, ‘Well, Irish whiskey is a huge part of our DNA and what we’re known for,'” said Jillian Vose, the bar’s beverage director.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: amelia lucas, igor golovniov, lightrocket, getty images
Keywords: news, cnbc, companies, whiskey, thrive, thanks, spirits, according, irish, market, continues, millennials, worlds, volume, distillers, spending, sold


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‘Let’s get on with it’: Frustration grows in EU circles as Brexit talks stall

There is growing frustration in Brussels as Brexit negotiations rumble on with only a few days left before an official departure date for the U.K.”Let’s get on with it. This issue is not new in the Brexit process, with certain U.K. lawmakers heavily criticizing this insurance policy that the U.K. government formulated with the EU last year. U.K. lawmakers are due to vote again on the Withdrawal Agreement Tuesday evening, after they rejected it by a 230 vote-margin back in January. Michel Barnier


There is growing frustration in Brussels as Brexit negotiations rumble on with only a few days left before an official departure date for the U.K.”Let’s get on with it. This issue is not new in the Brexit process, with certain U.K. lawmakers heavily criticizing this insurance policy that the U.K. government formulated with the EU last year. U.K. lawmakers are due to vote again on the Withdrawal Agreement Tuesday evening, after they rejected it by a 230 vote-margin back in January. Michel Barnier
‘Let’s get on with it’: Frustration grows in EU circles as Brexit talks stall Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: silvia amaro
Keywords: news, cnbc, companies, stall, policy, lawmakers, uk, vote, insurance, frustration, talks, withdrawal, commitments, eu, brexit, irish, lets, circles, grows


'Let's get on with it': Frustration grows in EU circles as Brexit talks stall

There is growing frustration in Brussels as Brexit negotiations rumble on with only a few days left before an official departure date for the U.K.

“Let’s get on with it. We have bigger fish to fry,” an EU official with knowledge of the negotiations but who preferred to remain anonymous because of the sensitivity of the situation, told CNBC Sunday regarding the mood in Brussels and ahead Tuesday’s vote in London.

Talks between the U.K. and the EU stalled over the weekend, after both sides failed to come to an agreement over the “Irish backstop” — an insurance policy which aims to prevent a hard border between Northern Ireland and the Republic of Ireland.

This issue is not new in the Brexit process, with certain U.K. lawmakers heavily criticizing this insurance policy that the U.K. government formulated with the EU last year. It was seen as a key reason why the U.K. Parliament overwhelmingly rejected May’s deal in January.

However, the deadlock is becoming more pressing by the minute ahead of a key vote in the U.K. Parliament Tuesday — and roughly two weeks away from the U.K.’s scheduled departure date from the EU. If the U.K. does not approve an exit deal there’s a significant risk that it will leave without any arrangements, bringing uncertainty to businesses and citizens on both sides of the English Channel.

U.K. lawmakers are due to vote again on the Withdrawal Agreement Tuesday evening, after they rejected it by a 230 vote-margin back in January. Since then, the U.K. has tried to get further concessions from the EU side, but the other 27 countries have refused to change its stance.

Michel Barnier, the EU’s chief Brexit negotiator, tried to appease the concerns among U.K. lawmakers regarding the Irish backstop on Friday. Barnier said the U.K. would not be forced into a customs union against its will and reiterated that he is ready to strengthen two important commitments that are already in the Withdrawal Agreement.

These commitments state that the EU will act in good faith and it will use its best endeavors to prevent having to trigger the Irish backstop. European officials believe that these commitments prove that the 27 countries do not want to reach a state whereby they have to implement this insurance policy. Given that these promises are written in the Withdrawal Agreement they are legally binding.


Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: silvia amaro
Keywords: news, cnbc, companies, stall, policy, lawmakers, uk, vote, insurance, frustration, talks, withdrawal, commitments, eu, brexit, irish, lets, circles, grows


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UK PM May to hold Brexit talks with EU’s Juncker; urges party unity

British Prime Minister Theresa May is to hold Brexit talks with European Commission President Jean-Claude Juncker next week, her office said on Saturday, following this week’s symbolic defeat in parliament which was widely interpreted as undermining her negotiating strength with the EU. Her office did not give a date for the talks but said May planned to speak to the leader of every EU member state over the coming days. On Monday, Brexit Secretary Steve Barclay will meet EU chief negotiator Mich


British Prime Minister Theresa May is to hold Brexit talks with European Commission President Jean-Claude Juncker next week, her office said on Saturday, following this week’s symbolic defeat in parliament which was widely interpreted as undermining her negotiating strength with the EU. Her office did not give a date for the talks but said May planned to speak to the leader of every EU member state over the coming days. On Monday, Brexit Secretary Steve Barclay will meet EU chief negotiator Mich
UK PM May to hold Brexit talks with EU’s Juncker; urges party unity Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, eu, uk, urges, hold, office, planned, national, brexit, symbolic, northern, party, eus, defeat, irish, juncker, talks, unity, british


UK PM May to hold Brexit talks with EU's Juncker; urges party unity

British Prime Minister Theresa May is to hold Brexit talks with European Commission President Jean-Claude Juncker next week, her office said on Saturday, following this week’s symbolic defeat in parliament which was widely interpreted as undermining her negotiating strength with the EU.

Her office did not give a date for the talks but said May planned to speak to the leader of every EU member state over the coming days.

On Monday, Brexit Secretary Steve Barclay will meet EU chief negotiator Michel Barnier, it added in a statement.

On Tuesday, Attorney General Geoffrey Cox, will make a speech setting out what changes would be required to eliminate the legal risk that Britain could be trapped in a Northern Irish backstop indefinitely.

May’s defeat in last Thursday’s symbolic vote undermined her pledge to EU leaders that she could pass her deal with concessions primarily around the Irish backstop – a guarantee that there can be no return of border controls between the British province of Northern Ireland and EU-member Ireland.

The issue has become one of the main points of contention ahead of Britain’s planned departure from the EU next month after 45 years.

May’s office said she had written to her divided Conservative lawmakers urging them to overcome their differences over leaving the EU in the national interest.

“Our party can do what it has done so often in the past: move beyond what divides us and come together behind what unites us; sacrifice if necessary our own personal preferences in the higher service of the national interest …,” she wrote.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, eu, uk, urges, hold, office, planned, national, brexit, symbolic, northern, party, eus, defeat, irish, juncker, talks, unity, british


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Haagen-Dazs announces new boozy ice cream line

Haagen-Dazs just announced a new line of seven alcohol-infused ice cream treats. The collection includes five new flavors of ice cream: Irish Cream Brownie, Rum Tres Leches, Bourbon Vanilla Bean Truffle, Stout Chocolate Pretzel Crunch and Bourbon Praline Pecan. It also includes a cookie treat, Irish Cream Cookie Squares, and a nondairy option, Amaretto Black Cherry Almond Toffee. Fans eager to taste the boozy ice cream can try it in select Haagen-Dazs stores beginning in March. Smaller brands su


Haagen-Dazs just announced a new line of seven alcohol-infused ice cream treats. The collection includes five new flavors of ice cream: Irish Cream Brownie, Rum Tres Leches, Bourbon Vanilla Bean Truffle, Stout Chocolate Pretzel Crunch and Bourbon Praline Pecan. It also includes a cookie treat, Irish Cream Cookie Squares, and a nondairy option, Amaretto Black Cherry Almond Toffee. Fans eager to taste the boozy ice cream can try it in select Haagen-Dazs stores beginning in March. Smaller brands su
Haagen-Dazs announces new boozy ice cream line Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: amelia lucas, source
Keywords: news, cnbc, companies, announces, boozy, haagendazs, bourbon, line, product, collection, ice, stores, alcohol, irish, cream


Haagen-Dazs announces new boozy ice cream line

Haagen-Dazs just announced a new line of seven alcohol-infused ice cream treats.

The collection includes five new flavors of ice cream: Irish Cream Brownie, Rum Tres Leches, Bourbon Vanilla Bean Truffle, Stout Chocolate Pretzel Crunch and Bourbon Praline Pecan. It also includes a cookie treat, Irish Cream Cookie Squares, and a nondairy option, Amaretto Black Cherry Almond Toffee. Each product contains less than 0.5 percent alcohol per volume.

The brand, produced in the U.S. by Nestle subsidiary Dreyer’s, plans to roll out the line in grocery stores nationwide in April. Fans eager to taste the boozy ice cream can try it in select Haagen-Dazs stores beginning in March. The collection has been available for more than a year and a half in Canada.

Because of the alcohol content, buyers must be 21 years or older to purchase the product in the U.S. It is unclear if the collection will be available in grocery stores across all 50 states because of differing alcohol regulations across state lines. Haagen-Dazs did not immediately respond to a request for comment.

The ice cream brand isn’t the first to add alcohol to its products. Ben & Jerry’s launched a flavor infused with bourbon in 2017, but the alcohol cooked off during the baking process. Smaller brands such as Tipsy Scoop have been selling alcoholic ice cream for years.


Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: amelia lucas, source
Keywords: news, cnbc, companies, announces, boozy, haagendazs, bourbon, line, product, collection, ice, stores, alcohol, irish, cream


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Facebook’s plan to merge messaging services could be barred in the EU

Facebook’s plans to integrate the messaging functions of Instagram, WhatsApp and Messenger could be blocked in the EU by the region’s privacy laws. The Irish Data Protection Commission (DPC) said in a statement Monday that “ultimately the proposed integration can only occur in the EU if it is capable of meeting all of the requirements of the GDPR.” The Irish commission supervises Facebook at an EU level as the tech giant’s European headquarters are in Dublin. It said in the statement that it had


Facebook’s plans to integrate the messaging functions of Instagram, WhatsApp and Messenger could be blocked in the EU by the region’s privacy laws. The Irish Data Protection Commission (DPC) said in a statement Monday that “ultimately the proposed integration can only occur in the EU if it is capable of meeting all of the requirements of the GDPR.” The Irish commission supervises Facebook at an EU level as the tech giant’s European headquarters are in Dublin. It said in the statement that it had
Facebook’s plan to merge messaging services could be barred in the EU Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: chloe taylor, chesnot, getty images
Keywords: news, cnbc, companies, merge, commission, data, barred, eu, whatsapp, urgent, million, messaging, facebooks, plan, irish, protection, facebook, services, statement


Facebook's plan to merge messaging services could be barred in the EU

Facebook’s plans to integrate the messaging functions of Instagram, WhatsApp and Messenger could be blocked in the EU by the region’s privacy laws.

The Irish Data Protection Commission (DPC) said in a statement Monday that “ultimately the proposed integration can only occur in the EU if it is capable of meeting all of the requirements of the GDPR.”

The Irish commission supervises Facebook at an EU level as the tech giant’s European headquarters are in Dublin. It said in the statement that it had asked Facebook Ireland for an “urgent briefing” on the proposals to merge the three services.

Europe’s General Data Protection Regulation (GDPR) legislation protects individuals’ personal data from being kept or shared without consent. Organizations can face penalties of up to 20 million euros ($22.87 million) or 4 percent of their annual global turnover for breaching the rules.


Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: chloe taylor, chesnot, getty images
Keywords: news, cnbc, companies, merge, commission, data, barred, eu, whatsapp, urgent, million, messaging, facebooks, plan, irish, protection, facebook, services, statement


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EU doesn’t want to ‘trap the UK into anything’, Irish leader says

The EU could give further written guarantees to the U.K. in order to help ease the pressure leader Theresa May is experiencing ahead of a crucial vote next week, the Irish prime minister said. The U.K. Parliament is due to vote next week on the Withdrawal Agreement — the 585-page document that the EU agreed with May’s government and outlines how the U.K. should leave the European Union in March. The vote had been originally scheduled for December 11, but May decided to postpone it given the oppo


The EU could give further written guarantees to the U.K. in order to help ease the pressure leader Theresa May is experiencing ahead of a crucial vote next week, the Irish prime minister said. The U.K. Parliament is due to vote next week on the Withdrawal Agreement — the 585-page document that the EU agreed with May’s government and outlines how the U.K. should leave the European Union in March. The vote had been originally scheduled for December 11, but May decided to postpone it given the oppo
EU doesn’t want to ‘trap the UK into anything’, Irish leader says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: silvia amaro, wpa pool, getty images news, getty images
Keywords: news, cnbc, companies, uk, doesnt, vote, trap, irish, minister, eu, leader, policy, trade, ireland, northern, week, prime


EU doesn't want to 'trap the UK into anything', Irish leader says

The EU could give further written guarantees to the U.K. in order to help ease the pressure leader Theresa May is experiencing ahead of a crucial vote next week, the Irish prime minister said.

The U.K. Parliament is due to vote next week on the Withdrawal Agreement — the 585-page document that the EU agreed with May’s government and outlines how the U.K. should leave the European Union in March. However, the plans have proved controversial for many and will likely be rejected by lawmakers.

The vote had been originally scheduled for December 11, but May decided to postpone it given the opposition to the deal.

The biggest concern for many lawmakers is the Irish backstop — a last-resort insurance policy that aims to prevent a hard border between Northern Ireland and the Republic of Ireland in the event that there’s no future trade agreement agreed.

Brexiteers and other U.K. lawmakers believe this policy would force Northern Ireland to follow EU rules. However, both Westminster and Brussels have said this is not the aim and if it were to happen, it would only apply until they implement new trade arrangements.

Irish Prime Minister Leo Varadkar said the EU could further explain what its intentions with this backstop are.


Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: silvia amaro, wpa pool, getty images news, getty images
Keywords: news, cnbc, companies, uk, doesnt, vote, trap, irish, minister, eu, leader, policy, trade, ireland, northern, week, prime


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Brexit explained: The UK’s big gamble

Brexit explained: 3.3 million jobs, EU immigration, the Irish border and everything else about the UK’s big gamble7 Hours AgoYou’ve been hearing about it for 3 years. Wasn’t there a vote? Why do people get so worked up about it? Where does it stand and what comes next? If you don’t understand Brexit, here’s your chance to catch up.


Brexit explained: 3.3 million jobs, EU immigration, the Irish border and everything else about the UK’s big gamble7 Hours AgoYou’ve been hearing about it for 3 years. Wasn’t there a vote? Why do people get so worked up about it? Where does it stand and what comes next? If you don’t understand Brexit, here’s your chance to catch up.
Brexit explained: The UK’s big gamble Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-23
Keywords: news, cnbc, companies, vote, wasnt, uks, explained, jobs, big, understand, irish, brexit, gamble, stand, million, worked


Brexit explained: The UK’s big gamble

Brexit explained: 3.3 million jobs, EU immigration, the Irish border and everything else about the UK’s big gamble

7 Hours Ago

You’ve been hearing about it for 3 years. And it’s still going. Wasn’t there a vote? Why do people get so worked up about it? Where does it stand and what comes next? If you don’t understand Brexit, here’s your chance to catch up.


Company: cnbc, Activity: cnbc, Date: 2018-12-23
Keywords: news, cnbc, companies, vote, wasnt, uks, explained, jobs, big, understand, irish, brexit, gamble, stand, million, worked


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