Virgin Atlantic has signalled a slowdown in demand for transatlantic travel, which has resulted in a decline in the share price of rival British Airways’ owner, IAG. Both UK long-haul
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Amid ongoing tensions between the United States and the European Union, Ireland finds itself in a precarious position as trade talks intensify. For years, the Irish economy has benefited significantly
The downturn in US stock markets deepened yesterday following the Trump administration’s announcement of fresh tariffs on Canadian aluminium imports. Equity prices continued their slide, wiping billions from company valuations
The Bank for International Settlements (BIS), often referred to as the “central bank of central banks,” has raised serious concerns over the impact of President Trump’s trade policies on the
Wall Street endured a turbulent trading session on Monday as investors reacted to growing concerns about a potential US economic downturn. The sell-off was triggered by uncertainty surrounding President Trump’s
Consumers in the United States have been urged to prepare for increased prices following the implementation of new tariffs by former president Donald Trump. On Monday, a 25 per cent
In a landmark announcement, Apple has unveiled plans to inject $500 billion into the US economy over the next four years, marking what the tech giant describes as its ‘largest-ever
The newly appointed FBI Director, Kash Patel, has instructed agency employees to disregard an unprecedented email request from the Trump administration demanding staff list their weekly accomplishments. The directive, orchestrated
The United States has become a precarious investment destination under Donald Trump’s leadership, according to Nobel prize-winning economist Joseph Stiglitz, who warns of looming stagflation risks amid escalating policy uncertainties.
The United States witnessed an unexpected uptick in inflation during January, challenging former President Donald Trump’s recent campaign promises to swiftly reduce prices. Consumer price index figures revealed a 3%
The reverberations of President Trump’s latest tariff announcements have sent shockwaves through global markets, with multiple sectors facing significant operational challenges. The comprehensive tariffs, targeting 44% of US imports, are
American credit card defaults have skyrocketed to their most elevated position since the aftermath of the 2008 global financial crisis, signalling a deterioration in the financial wellbeing of lower-income consumers
Former US President Donald Trump’s recent statements regarding the Panama Canal have sent ripples through the international maritime and diplomatic communities. In a controversial post on his Truth Social platform,
The future of America’s natural gas exports faces significant uncertainty following a federal government report indicating that unrestricted expansion could harm domestic consumers and impede global climate initiatives. The Department
A remarkable surge in the US dollar, coupled with mounting economic challenges across developing nations, has precipitated the most significant decline in emerging market currencies witnessed since the Federal Reserve’s
The technology-heavy Nasdaq achieved a historic milestone on Wednesday, breaking through the 20,000-level barrier for the first time, as markets responded positively to US inflation data that strengthened expectations of
