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Business

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J&J to invest $55 billion in US as trade tensions rise
J&J boosts US investments by 25% over 4 years amid tariff threats

NEW BRUNSWICK, New Jersey: Johnson & Johnson is ramping up its U.S. investments even as global trade tensions resurface with plans...

UAE unveils $1.4 trillion US investment plan over next decade
UAE commits to $1.4 trillion US investment, White House says

WASHINGTON, D.C./DUBAI: The United Arab Emirates is significantly expanding its financial footprint in the U.S. with a new investment...

Wall Street jumps sharply on easing trade war tensions
U.S. stocks advance as Trump hints at flexibility on tariffs

NEW YORK, New York - Investors bought up stocks on U.S. markets Monday after President Donald Trump indicated he may pull back on some...

Boston Celtics sold for $6.1 billion to private equity mogul Chisholm
Private equity mogul to acquire NBA's Celtics for $6.1 billion

BOSTON, Massachusetts: Private equity investor William Chisholm has agreed to buy the Boston Celtics in a record-breaking deal worth...

US mortgage rates rise for second week, adding pressure on buyers
Average US rate on 30-year mortgage rises slightly for second week

WASHINGTON, D.C.: The cost of borrowing for a home in the U.S. ticked up again this week, marking the second straight increase as homebuyers...

Apple TV+ bleeds $1 billion annually in costly streaming push
Apple losing over $1 billion a year on streaming service, report says

CUPERTINO, CALIFORNIA: Apple's ambitious foray into streaming is proving costly, with the company reportedly losing over US$1 billion...

Europe

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Welfare cuts in Ireland hit jobseekers under stricter work mandates
Thousands in Ireland lose benefits as government tightens jobseeker rules

DUBLIN, Ireland: In 2024, thousands of jobseekers saw their welfare payments reduced for not fully engaging with employment support...

Finance minister warns trade war could hurt Ireland’s economy
Trade war may hit prices, growth, jobs in Ireland, minister says

DUBLIN, Ireland: Ireland's Finance Minister Paschal Donohoe has warned that an escalating trade war between the European Union and...

Ireland climbs to 15th in World Happiness rankings
Ireland ranked 15th happiest country in the world

DUBLIN, Ireland: Ireland has risen two places to become the 15th happiest country in the world, according to the World Happiness Report...

EU to cut steel import quotas by 15% to counter US tariff fallout
EU proposes cutting steel imports by 15 percent as Trump tariffs bite

BRUSSELS, Belgium: The European Union is set to tighten steel import quotas starting in April, reducing inflows by 15 percent to prevent...

Ireland’s property prices surge 8.1% in a year, CSO reports
Ireland property prices up by 8.1% in 12 months to January this year

DUBLIN, Ireland: Ireland's property prices continued their upward trend, rising by 8.1 percent in the 12 months leading to January...

Audi to cut 7,500 jobs in Germany by 2029 in cost-cutting move
Audi to cut 7,500 jobs in administration, development by 2029

BERLIN, Germany: Audi has announced plans to cut up to 7,500 jobs in Germany by 2029 as part of a broader restructuring aimed at reducing...