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Tag: Business

US Vice President JD Vance Meets EU Chief in Rome Amid Trade Tensions

United States Vice President JD Vance met with European Commission President Ursula von der Leyen and Italian Prime Minister...

Moody’s Downgrades U.S. Credit Rating, Citing Soaring National Debt

The United States has lost its last perfect credit rating from a major agency, after Moody’s Investors Service downgraded...

Vatican Bank’s Controversial Past and Financial Power Laid Bare in New Report

The Vatican Bank, officially known as the Institute for the Works of Religion (IOR), remains one of the most...

ECB Officials Signal End of Rate Cuts May Be Near as Trade Risks Loom

European Central Bank (ECB) officials signaled on Friday that interest rate cuts may soon reach their limit, though uncertainty...

Japan’s Economy Shrinks for First Time in a Year as Trade Pressures Mount

Japan’s economy contracted by 0.2% in the first quarter of 2025, marking its first quarterly decline in a year,...

Irish Exports Hit Record High in March as Pharma and US Trade Surge

Ireland’s exports soared to an unprecedented level in March, driven by a sharp rise in pharmaceutical shipments and a...

Euro Zone Growth Slows in Q1, But Employment Remains Resilient

The euro zone economy expanded at a slower pace than previously estimated in the first quarter of 2025, though...

Irish Mortgage Rates Continue to Ease but Remain Among Highest in Eurozone

The average interest rate on new mortgages in Ireland continued its gradual decline in March, according to the latest...

Irish Bank Customers Loyal but Cautious Amid Rise of AI, Study Finds

Irish consumers remain loyal to their main banks, with over 60% having stayed with the same institution for more...

Dublin-Based Appeals Centre Expands Scope to Include Instagram Disputes

The Appeals Centre Europe, a Dublin-based independent body handling social media disputes, has announced that it will now hear...

Trump Promises 59% Cut in Prescription Drug Prices, But Offers Few Details

U.S. President Donald Trump announced plans on Monday to slash prescription drug prices by 59%, though he did not...

US Expresses Cautious Optimism as High-Stakes Trade Talks with China Continue in Geneva

The United States signalled optimism Saturday as high-level trade negotiations with China continued for a second day in Geneva,...