Listed companies tap stock market, Covid hits tourism, and remote working

Listed Irish companies have raised more than €1.44 billion in shares sales since the onset of the Covid-19 crisis, with more to follow suit if stock markets maintain their gains over the past five and a half months. Joe Brennan has the details.

In the tourism sector, Joe also reports that hoteliers have warned that almost three-quarters of Irish jobs are at risk of being wiped out this year if the Government does not step in with supports.

On a related note, Barry O'Halloran has cast his eye over the beleaguered aviation sector, arguing that, while it pulled us out of the last recession, it may not be around to do it this time.

In more positive news, a tentative revival in virus-hit consumer spending may be under way, according to data from Revolut, a fintech payments platform with more than one million Irish users. Mark Paul reports.

Audit firm EisnerAmper hit by fines and costs in excess of €120,000

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Deal negotiated for extra €1m in redundancy payments for Debenhams staff

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New Covid wage subsidy scheme won't stop job losses, businesses warn

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Only one in 10 professionals want full return to work

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However, for businesses struggling with the effects of the pandemic, the Government's €2 billion Covid-19 credit guarantee scheme opens for applications today and will run until the end of the year. Jack Horgan-Jones has the details.

Finally, in her column this morning, Pilita Clark outlines some of the smart ways to handle remote work, and some of the dumb ones.

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