Category Business

US stocks fell sharply, with the main index falling to a six-month low immediately after the opening bell, as Donald Trump’s tariffs weighed on global financial markets. The S&P 500 index fell about 4 percent in early trading on Wall…

The Chief Justice of the High Court has upheld a €324,240 fine imposed on the Irish unit of US fintech company BlueSnap after the Central Bank of Ireland found it failed to comply with security requirements. An application to uphold…

US President Donald Trump is expected to impose sweeping new import tariffs on Ireland and other global partners, potentially escalating a trade war, raising prices and upending the long-standing global order. Mr Trump is likely to focus on European Union…

Tesla announced that sales volume fell to their lowest level in nearly three years in early 2025. The electric car maker reported a 13% drop in first-quarter sales amid international criticism of its CEO Elon Musk, design changes to a…

Stephen Moore, a former senior economic adviser to US President Donald Trump, said he admired Ireland’s corporate tax system and believed the United States could do better by cutting its tax rate to a comparable level. Mr Trump hopes the…

Paul Marchant has stepped down as chief executive of high street fashion chain Primark, which operates under the Penneys brand in Ireland, amid allegations of inappropriate behaviour. The retailer’s parent company, Associated British Foods (ABF), notified investors of his departure…

Heineken Ireland has introduced British ready-to-drink cocktail brand Served, co-owned by pop star Ellie Goulding, to the Irish market. This marks the first time Heineken Ireland has entered the ready-to-drink market in Ireland and also the international debut of Served,…

The chief executive of Primark, known in Ireland as Penneys, has resigned after allegations of inappropriate behaviour towards a woman. Primark’s parent company, Associated British Foods (ABF), has confirmed that Paul Marchant has stepped down as CEO of the high…

Ryanair’s chief executive is confident that commercial jets will not be caught in trade disputes between the US and other economic powers, including Europe, after discussions with Boeing’s top brass. Michael O’Leary, the chief executive of the Irish budget airline,…

WH Smith has decided to sell its UK retail chain to Hobbycraft owner Modella Capital in a deal valued at £76 million (€90 million) and the chain is expected to eventually be rebranded as TG Jones. The deal will not…