Markets 'shrugged off' war worries, as Nikkei soars Stocks surged today while the US dollar and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite, although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check. Business • 17 hrs
Markets 'shrugged off' war worries, as Nikkei soars Stocks surged today while the US dollar and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite, although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check. Business • 17 hrs
Stocks jump, oil and dollar ease on Iran war peace hopes Stocks surged and the US dollar and oil prices slid today as the prospect of a deal to end the Iran war buoyed risk appetite, although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check. Business • 12 hrs
Stocks jump, oil and dollar ease on Iran war peace hopes Stocks surged and the US dollar and oil prices slid today as the prospect of a deal to end the Iran war buoyed risk appetite, although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check. Business • 12 hrs
IDA told Ireland must work harder to win FDI - briefing Ireland must work ever harder to win foreign investment in a fractured global economy where it has little ability to influence major events, an internal IDA Ireland briefing said. Business • 22 May
IDA told Ireland must work harder to win FDI - briefing Ireland must work ever harder to win foreign investment in a fractured global economy where it has little ability to influence major events, an internal IDA Ireland briefing said. Business • 22 May
Oil up as investors doubt breakthrough in US-Iran talks Oil prices climbed today as investors doubted the prospect of a breakthrough in US-Iran peace talks, but held on track for a weekly loss. Business • 22 May
Oil up as investors doubt breakthrough in US-Iran talks Oil prices climbed today as investors doubted the prospect of a breakthrough in US-Iran peace talks, but held on track for a weekly loss. Business • 22 May
'EU in stagflationary trend, must not risk fiscal crisis' Europe's economy is in a stagflationary trend due to the surge in energy prices caused by the Iran war, but governments must be wary that generous fiscal support could risk a fiscal crisis or higher ECB rates, top EU officials said today. Business • 22 May
'EU in stagflationary trend, must not risk fiscal crisis' Europe's economy is in a stagflationary trend due to the surge in energy prices caused by the Iran war, but governments must be wary that generous fiscal support could risk a fiscal crisis or higher ECB rates, top EU officials said today. Business • 22 May
German Ifo business sentiment unexpectedly rises in May German business morale unexpectedly rose in May, a survey showed today, offering a glimmer of hope for Europe's largest economy. Business • 22 May
German Ifo business sentiment unexpectedly rises in May German business morale unexpectedly rose in May, a survey showed today, offering a glimmer of hope for Europe's largest economy. Business • 22 May
UK borrows more than expected amid Iran war challenges Britain's public finances showed a bigger-than-expected shortfall of £24.3 billion last month, the second-highest borrowing for April on record, official figures showed today. Business • 22 May
UK borrows more than expected amid Iran war challenges Britain's public finances showed a bigger-than-expected shortfall of £24.3 billion last month, the second-highest borrowing for April on record, official figures showed today. Business • 22 May
Richemont beats Q4 sales forecast despite Middle East hit Cartier-owner Richemont has today reported better than expected fourth-quarter revenue, as a fall in Middle East sales was offset by strong demand in other regions like the US and Asia. Business • 22 May
Richemont beats Q4 sales forecast despite Middle East hit Cartier-owner Richemont has today reported better than expected fourth-quarter revenue, as a fall in Middle East sales was offset by strong demand in other regions like the US and Asia. Business • 22 May
Consumer sentiment improves in May - survey Consumer sentiment improved in May but remained well below the long-term average as the conflict in the Middle East continued to weigh on confidence, a survey showed today. Business • 22 May
Consumer sentiment improves in May - survey Consumer sentiment improved in May but remained well below the long-term average as the conflict in the Middle East continued to weigh on confidence, a survey showed today. Business • 22 May
No full Hormuz flows until 2027 - UAE's oil giant Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates' state oil firm ADNOC said. Business • 21 May
No full Hormuz flows until 2027 - UAE's oil giant Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates' state oil firm ADNOC said. Business • 21 May
UK reforms oil tax loophole to fund cost of living help British finance minister Rachel Reeves has today announced a change to how oil and gas companies' profits are taxed, in order to help fund a package of cost-of-living measures. Business • 21 May
UK reforms oil tax loophole to fund cost of living help British finance minister Rachel Reeves has today announced a change to how oil and gas companies' profits are taxed, in order to help fund a package of cost-of-living measures. Business • 21 May
Walmart sticks to annual targets despite fuel shock Walmart has stuck to its conservative annual sales and profit targets, as rising fuel costs drive value‑seeking shoppers to its low-priced groceries and essentials. Business • 21 May
Walmart sticks to annual targets despite fuel shock Walmart has stuck to its conservative annual sales and profit targets, as rising fuel costs drive value‑seeking shoppers to its low-priced groceries and essentials. Business • 21 May
Agriculture Dept worried about panic buying of fertiliser The Department of Agriculture was worried about "panic buying" of fertiliser by Irish farmers with the country badly exposed to the fallout from the Middle East conflict. Business • 21 May
Agriculture Dept worried about panic buying of fertiliser The Department of Agriculture was worried about "panic buying" of fertiliser by Irish farmers with the country badly exposed to the fallout from the Middle East conflict. Business • 21 May
Irish GDP set to fall by 1.2% this year - Commission The Irish economy, as measured by gross domestic product (GDP), is forecast to decline in 2026, according to the European Commission Spring's 2026 Economic Forecast. Business • 21 May
Irish GDP set to fall by 1.2% this year - Commission The Irish economy, as measured by gross domestic product (GDP), is forecast to decline in 2026, according to the European Commission Spring's 2026 Economic Forecast. Business • 21 May
EU cuts euro zone 2026 growth forecast on Mideast war The euro zone economy will slow in 2026 after war in the Middle East triggered the second energy shock in less than five years with the severity of the hit determined by how long the conflict drags on, the European Commission said today. Business • 21 May
EU cuts euro zone 2026 growth forecast on Mideast war The euro zone economy will slow in 2026 after war in the Middle East triggered the second energy shock in less than five years with the severity of the hit determined by how long the conflict drags on, the European Commission said today. Business • 21 May
Oil up after report signals complication to peace talks Oil prices edged higher today, as investors monitored peace talks between the US and Iran, while supply tightness and US inventory drawdowns provided some support. Business • 21 May
Oil up after report signals complication to peace talks Oil prices edged higher today, as investors monitored peace talks between the US and Iran, while supply tightness and US inventory drawdowns provided some support. Business • 21 May
Euro zone economic activity contracts in May - PMI Economic activity in the euro zone shrank at its sharpest rate in more than two and a half years in May, as a war-driven surge in living costs hammered demand for services and pushed overall input price inflation to its highest in three and a half years. Business • 21 May
Euro zone economic activity contracts in May - PMI Economic activity in the euro zone shrank at its sharpest rate in more than two and a half years in May, as a war-driven surge in living costs hammered demand for services and pushed overall input price inflation to its highest in three and a half years. Business • 21 May
Rehn sees few signs yet of high inflation taking root The European Central Bank may raise interest rates to preserve credibility in the face of a war-driven rise in fuel costs but there is little to suggest yet that high inflation is taking root in the euro area, ECB policymaker Olli Rehn said in an interview. Business • 21 May
Rehn sees few signs yet of high inflation taking root The European Central Bank may raise interest rates to preserve credibility in the face of a war-driven rise in fuel costs but there is little to suggest yet that high inflation is taking root in the euro area, ECB policymaker Olli Rehn said in an interview. Business • 21 May
EasyJet flags uncertain outlook as war lifts fuel costs British budget airline EasyJet has today reported a first-half loss of £552m, and said its full-year outlook remains uncertain as the Iran war drives up fuel costs and bookings weaken for the peak summer season. Business • 21 May
EasyJet flags uncertain outlook as war lifts fuel costs British budget airline EasyJet has today reported a first-half loss of £552m, and said its full-year outlook remains uncertain as the Iran war drives up fuel costs and bookings weaken for the peak summer season. Business • 21 May
Oil prices slump after Trump comments on Iran war Oil prices lost more than 2% today after US President Donald Trump again asserted that the Iran war will end "very quickly", though investors remain wary about the outcome of peace talks as disruption to Middle Eastern supply continues. Business • 20 May
Oil prices slump after Trump comments on Iran war Oil prices lost more than 2% today after US President Donald Trump again asserted that the Iran war will end "very quickly", though investors remain wary about the outcome of peace talks as disruption to Middle Eastern supply continues. Business • 20 May
Europe EV sales leap as Iran war pushes up pump prices Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of new and second-hand EVs, data exclusively shared with Reuters shows, providing a much-needed boost to the auto industry. Business • 20 May
Europe EV sales leap as Iran war pushes up pump prices Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of new and second-hand EVs, data exclusively shared with Reuters shows, providing a much-needed boost to the auto industry. Business • 20 May
UK inflation dips in only temporary relief from war hit British inflation cooled by more than expected in April but the slowdown did little to mask a tough outlook for households, with global costs from the Iran war set to hit them harder later this year. Business • 20 May
UK inflation dips in only temporary relief from war hit British inflation cooled by more than expected in April but the slowdown did little to mask a tough outlook for households, with global costs from the Iran war set to hit them harder later this year. Business • 20 May
Iran stock exchange reopens after war forced shutdown Iran reopened its stock exchange today after the longest shutdown in its history, caused by the war with the US and Israel, local media reported. Business • 19 May
Iran stock exchange reopens after war forced shutdown Iran reopened its stock exchange today after the longest shutdown in its history, caused by the war with the US and Israel, local media reported. Business • 19 May
France says G7 finance talks 'frank, sometimes difficult' France's finance minister acknowledged today that two days of talks among leading global economies were "sometimes difficult", even as the group agreed a statement committing to multilateral cooperation in combatting growing economic risks. Business • 19 May
France says G7 finance talks 'frank, sometimes difficult' France's finance minister acknowledged today that two days of talks among leading global economies were "sometimes difficult", even as the group agreed a statement committing to multilateral cooperation in combatting growing economic risks. Business • 19 May
Oil prices fall as Trump pauses Iran attack plans Oil prices fell today, with global benchmark Brent crude dropping 1%, after US President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end the war in the Middle East. Business • 19 May
Oil prices fall as Trump pauses Iran attack plans Oil prices fell today, with global benchmark Brent crude dropping 1%, after US President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end the war in the Middle East. Business • 19 May
