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Ireland recorded a goods trade surplus of €12.2 billion in January this year, driven by a rise in pharmaceutical exports amid growing concerns about US tariffs. According to the Central Statistical Office, the unadjusted value of merchandise exports increased by…
Drugmakers are asking the Trump administration and European Union officials to exempt medical products from growing tariff conflicts, seeking to avoid higher prices for popular drugs made in Ireland, such as Merck’s cancer immunotherapy drug Keytruda and AbbVie’s wrinkle treatment…
The threat of US tariffs on alcoholic beverages is “a very serious problem”, according to Prime Minister Michael Martin. The Prime Minister noted that Irish whiskey production had benefited from “significant growth” in the US market, and that the tariff…
The Director of Public Prosecutions has decided not to bring a third trial against a financial services manager accused of taking part in an alleged conspiracy to defraud Custom House Capital investors more than a decade ago. Two juries were…
Deliveroo’s founder has said the company’s foray into grocery retail could eventually outpace takeaway orders, as the company reported its first annual profit last year. Around a sixth of Deliveroo’s revenue in 2024 came from retail and grocery delivery, but…
The Irish arm of catalogue retailer Argos has made a €200 million dividend payment following the company’s exit from the Irish market in 2023. In June 2023, the retailer closed 34 of its traditional stores and was able to pay…
Lego has achieved record sales as the toymaker said it was ahead of a shrinking market and working hard to “stay relevant” amid new partnerships with Nike and Formula 1. The Danish firm said its revenue rose 13% to 74.3…
A cybersecurity expert has said it would be “unsafe to point fingers” at Ukraine after Elon Musk’s claim that the X glitch was linked to the country. Mr Musk said the social network had been subjected to a “massive cyberattack,”…
A Meath pub owner has decided to set his prices back to two years ago because he is “tired” of price increases from suppliers. The Royal Meath pub in Navan has reduced the price of pints of some draught beers…
Companies looking for opportunities in the Irish market need to “remain calm” in light of possible US tariffs, the Prime Minister told a key conference in Texas. Michael Martin said he intends to convey to President Donald Trump the message…