German auto exports hit hard by Trump tariffs - study German car exports to the US slumped by almost 14% in the first three quarters of 2025, making it the hardest-hit branch of German industry in US President Donald Trump's trade war, according to a study seen by Reuters today. Business • 19 hrs
German auto exports hit hard by Trump tariffs - study German car exports to the US slumped by almost 14% in the first three quarters of 2025, making it the hardest-hit branch of German industry in US President Donald Trump's trade war, according to a study seen by Reuters today. Business • 19 hrs
Domestic demand to grow by 2.8% in 2026 - Ibec Domestic demand will grow by 2.8% next year, Ibec's latest Economic Outlook has forecast. Business • 17 Dec
Domestic demand to grow by 2.8% in 2026 - Ibec Domestic demand will grow by 2.8% next year, Ibec's latest Economic Outlook has forecast. Business • 17 Dec
Roomba maker iRobot files for bankruptcy IRobot, the maker of the Roomba vacuum cleaner, has filed for bankruptcy protection, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. Business • 15 Dec
Roomba maker iRobot files for bankruptcy IRobot, the maker of the Roomba vacuum cleaner, has filed for bankruptcy protection, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. Business • 15 Dec
US trade deficit shrinks unexpectedly to 2020 low The US trade gap narrowed unexpectedly in September to the smallest since 2020, delayed government data showed today, as imports rose just slightly while President Donald Trump's new tariffs set in. Business • 11 Dec
US trade deficit shrinks unexpectedly to 2020 low The US trade gap narrowed unexpectedly in September to the smallest since 2020, delayed government data showed today, as imports rose just slightly while President Donald Trump's new tariffs set in. Business • 11 Dec
German economy stuck in slow lane, institutes say Germany's economy has stabilised but remains stuck in a phase of meagre growth, with a planned fiscal expansion from next year set to provide limited momentum, three German economic institutes said today. Business • 11 Dec
German economy stuck in slow lane, institutes say Germany's economy has stabilised but remains stuck in a phase of meagre growth, with a planned fiscal expansion from next year set to provide limited momentum, three German economic institutes said today. Business • 11 Dec
Swiss National Bank sticks with zero interest rate The Swiss National Bank left its policy interest rate unchanged today, saying a recent agreement to reduce US tariffs on Swiss goods had improved the economic outlook, even as inflation has somewhat undershot expectations. Business • 11 Dec
Swiss National Bank sticks with zero interest rate The Swiss National Bank left its policy interest rate unchanged today, saying a recent agreement to reduce US tariffs on Swiss goods had improved the economic outlook, even as inflation has somewhat undershot expectations. Business • 11 Dec
Bank of Canada holds rates, says economy is resilient The Bank of Canada held its key policy rate steady at 2.25% today as widely expected, and Governor Tiff Macklem said the economy was proving resilient overall to the effect of US trade measures. Business • 10 Dec
Bank of Canada holds rates, says economy is resilient The Bank of Canada held its key policy rate steady at 2.25% today as widely expected, and Governor Tiff Macklem said the economy was proving resilient overall to the effect of US trade measures. Business • 10 Dec
China's trade surplus tops $1 trillion in November China's towering annual trade surplus surpassed $1 trillion for the first time last month, data showed today, as a sharp drop in shipments to the US was offset by surging exports to other major markets. Business • 08 Dec
China's trade surplus tops $1 trillion in November China's towering annual trade surplus surpassed $1 trillion for the first time last month, data showed today, as a sharp drop in shipments to the US was offset by surging exports to other major markets. Business • 08 Dec
India's central bank cuts key rate, boosts liquidity The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points today and left the door open for further easing as it took steps to boost banking-sector liquidity by up to $16 billion to support a "goldilocks" economy. Business • 05 Dec
India's central bank cuts key rate, boosts liquidity The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points today and left the door open for further easing as it took steps to boost banking-sector liquidity by up to $16 billion to support a "goldilocks" economy. Business • 05 Dec
IKEA to ramp up US production as tariffs bite IKEA plans to source more products from factories in the US, the Swedish furniture group's top supply chain executive told Reuters, as President Donald Trump's tariffs drive up the cost of importing bookcases, mattresses and sofas. Business • 05 Dec
IKEA to ramp up US production as tariffs bite IKEA plans to source more products from factories in the US, the Swedish furniture group's top supply chain executive told Reuters, as President Donald Trump's tariffs drive up the cost of importing bookcases, mattresses and sofas. Business • 05 Dec
Volvo Cars sales fall 10% in November Sweden-based Volvo Cars has today reported a slump in November sales, continuing a decline this year amid pressure from trade tariffs and subdued demand in the US. Business • 03 Dec
Volvo Cars sales fall 10% in November Sweden-based Volvo Cars has today reported a slump in November sales, continuing a decline this year amid pressure from trade tariffs and subdued demand in the US. Business • 03 Dec
Tariffs, AI boom could test global growth's resilience Global growth is holding up better than expected as an artificial intelligence investment boom helps offset some of the shock from US tariff hikes, the OECD said today, nudging up its outlook for some major economies. Business • 03 Dec
Tariffs, AI boom could test global growth's resilience Global growth is holding up better than expected as an artificial intelligence investment boom helps offset some of the shock from US tariff hikes, the OECD said today, nudging up its outlook for some major economies. Business • 03 Dec
US announces zero-tariff pharmaceutical deal with Britain The United States and Britain have announced a deal to secure zero tariffs on British pharmaceutical products and medical technology in return for Britain spending more on medicines and overhauling how it values drugs. World • 03 Dec
US announces zero-tariff pharmaceutical deal with Britain The United States and Britain have announced a deal to secure zero tariffs on British pharmaceutical products and medical technology in return for Britain spending more on medicines and overhauling how it values drugs. World • 03 Dec
Canada economy rebounds in third quarter with 2.6% growth Canada's economy bounced back in the third quarter of 2025, posting 2.6% growth year-on-year after contracting in the second quarter, helped in part by stronger trade numbers, official figures showed today. Business • 28 Nov
Canada economy rebounds in third quarter with 2.6% growth Canada's economy bounced back in the third quarter of 2025, posting 2.6% growth year-on-year after contracting in the second quarter, helped in part by stronger trade numbers, official figures showed today. Business • 28 Nov
Euro zone banks should prepare for risk of dollar squeeze Euro zone lenders with big dollar businesses should bulk up their liquidity and capital cushions to withstand any squeeze in a US currency made more volatile by President Donald Trump's actions, the European Central Bank said today. Business • 26 Nov
Euro zone banks should prepare for risk of dollar squeeze Euro zone lenders with big dollar businesses should bulk up their liquidity and capital cushions to withstand any squeeze in a US currency made more volatile by President Donald Trump's actions, the European Central Bank said today. Business • 26 Nov
McEntee to raise issue of tariffs at EU-US meeting The Minister for Foreign Affairs and Trade Helen McEntee is expected to raise the issue of US tariffs on Ireland's medical devices sector, as well as pharmaceuticals, agrifood and whiskey exports, when EU trade ministers meet senior US trade officials in Brussels today. Europe • 24 Nov
McEntee to raise issue of tariffs at EU-US meeting The Minister for Foreign Affairs and Trade Helen McEntee is expected to raise the issue of US tariffs on Ireland's medical devices sector, as well as pharmaceuticals, agrifood and whiskey exports, when EU trade ministers meet senior US trade officials in Brussels today. Europe • 24 Nov
EU seeks removal of US tariffs on wine and spirits European Union ministers are set to urge top US trade officials today to apply more of the July EU-US trade deal, including cutting US tariffs on EU steel and removing them for EU goods such as wine and spirits. Business • 24 Nov
EU seeks removal of US tariffs on wine and spirits European Union ministers are set to urge top US trade officials today to apply more of the July EU-US trade deal, including cutting US tariffs on EU steel and removing them for EU goods such as wine and spirits. Business • 24 Nov
Europe eyes copper shortage unless EU halts scrap exports European companies that make products from copper have warned they are facing critical shortages unless the EU takes action to curb exports of scrap, as it has for aluminium. Business • 21 Nov
Europe eyes copper shortage unless EU halts scrap exports European companies that make products from copper have warned they are facing critical shortages unless the EU takes action to curb exports of scrap, as it has for aluminium. Business • 21 Nov
Costs continue to weigh on SMEs - survey The majority of SMEs here have been impacted by global trade tensions and tariffs, according to the latest SME Business Sentiment Survey from Chartered Accountants Ireland and GRID Finance. Business • 20 Nov
Costs continue to weigh on SMEs - survey The majority of SMEs here have been impacted by global trade tensions and tariffs, according to the latest SME Business Sentiment Survey from Chartered Accountants Ireland and GRID Finance. Business • 20 Nov
Europe's banks face 'unprecedentedly high' risk of shocks Euro zone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the European Central Bank said today as it outlined its supervisory priorities for the next three years. Business • 18 Nov
Europe's banks face 'unprecedentedly high' risk of shocks Euro zone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the European Central Bank said today as it outlined its supervisory priorities for the next three years. Business • 18 Nov
Economy to grow 'exceptionally' by 10.7% in 2025 - EU Ireland's gross domestic product (GDP) is forecast to grow exceptionally by 10.7% in 2025, mainly due to strong export activity in the first half of the year, the European Commission said in its Autumn 2025 Economic Forecast today. Business • 17 Nov
Economy to grow 'exceptionally' by 10.7% in 2025 - EU Ireland's gross domestic product (GDP) is forecast to grow exceptionally by 10.7% in 2025, mainly due to strong export activity in the first half of the year, the European Commission said in its Autumn 2025 Economic Forecast today. Business • 17 Nov
Swiss economy contracts in Q3 as US tariffs bite Switzerland's economy shrank by 0.5% during the third quarter compared with the previous three months, an initial government estimate showed today, as hefty US tariffs dealt a significant blow to business. Business • 17 Nov
Swiss economy contracts in Q3 as US tariffs bite Switzerland's economy shrank by 0.5% during the third quarter compared with the previous three months, an initial government estimate showed today, as hefty US tariffs dealt a significant blow to business. Business • 17 Nov
Japan's economy contracts for first time in six quarters Japan's economy shrank almost 2% in the three months to September, as a drop in exports in the face of US tariffs resulted in the first contraction in six quarters, government data showed today. Business • 17 Nov
Japan's economy contracts for first time in six quarters Japan's economy shrank almost 2% in the three months to September, as a drop in exports in the face of US tariffs resulted in the first contraction in six quarters, government data showed today. Business • 17 Nov
Hyundai pledges record $85.8bn investment in South Korea South Korean car giant Hyundai Motor Group has pledged today an unprecedented $85.8 billion investment in the country over the next five years, a move that comes on the heels of Seoul's trade deal with Washington. Business • 17 Nov
Hyundai pledges record $85.8bn investment in South Korea South Korean car giant Hyundai Motor Group has pledged today an unprecedented $85.8 billion investment in the country over the next five years, a move that comes on the heels of Seoul's trade deal with Washington. Business • 17 Nov
AIB upgrades forecast for growth in Irish economy AIB has upgraded its forecast for growth in the domestic Irish economy, as the bank said the uncertainty created by the imposition of US tariffs has "begun to dissipate." Business • 17 Nov
AIB upgrades forecast for growth in Irish economy AIB has upgraded its forecast for growth in the domestic Irish economy, as the bank said the uncertainty created by the imposition of US tariffs has "begun to dissipate." Business • 17 Nov
