BUDGET 2015
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    Critics say the pact would hand too much power to big multinationals at the expense of consumers and workers

    'Ball is still rolling' on EU-US trade deal

    29 Aug The European Union's executive has said it has a unanimous mandate from the bloc's 28 members to finalise negotiations on a free trade deal with the United States, a day after Germany's economy minister said the talks had "de facto failed".

    An Abu Dhabi source familiar with the situation told Reuters news agency some drivers had been detained over violations of regulations

    Uber and Careem suspend services in Abu Dhabi

    29 Aug Ride-hailing companies Uber and Careem have suspended services in Abu Dhabi, the capital of the United Arab Emirates, since Saturday and do not know when they can resume operations.

    Sigmar Gabriel says the world now regards Europe as an unstable continent

    Europe risks going 'down the drain' over Brexit

    29 Aug German Economy Minister Sigmar Gabriel has said if Britain's exit from the European Union is badly handled and other member countries followed its lead, Europe would go "down the drain".

    Traders said the price falls were a result of climbing output from the Middle East, where oil exports from Iraq's southern ports have averaged 3.205m barrels per day (bpd) in August

    Oil prices down 1% amid Iraqi production rise

    29 Aug Oil prices have fallen about 1% today as Iraq's production rose and as Iran said it would only cooperate in producer talks to freeze output if fellow exporters recognised its right to fully regain market share.

    A look at some of the main business stories in today's newspapers

    Today in the press

    29 Aug The Irish Times reports Marathon Asset Management, a $13 billion (€11.6 billion) US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands.

    The morning business news with Conor Brophy

    Morning business news 29 August

    29 Aug Between January and July this year the number of motor claims involving uninsured or untraced drivers shot up by 17%, according to new figures from the Motor Insurers' Bureau of Ireland.

    The economy grew at a 0.8% pace in the first quarter

    US second-quarter growth trimmed to 1.1%

    26 Aug US economic growth was a bit more sluggish than initially thought in the second quarter as businesses aggressively ran down stocks of unsold goods, offsetting a spurt in consumer spending.

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