Mon, 05 May 2025

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Business

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China's factory activity shrinks at fastest pace in over a year
China's factory activity falls sharply as Trump tariffs bite

BEIJING, China: China's manufacturing sector lost steam in April, with activity shrinking at the fastest pace in over a year, as new...

Australia inflation hits 3-year low, boosting rate cut hopes
Australia's core inflation slows to 3-year low in Q1

SYDNEY, Australia: A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations...

Ireland’s unemployment dips to 4.1% in April
Ireland's monthly unemployment rate drops to 4.1% in April

DUBLIN, Ireland: April 2025 saw a slight improvement in the labor market, with the seasonally adjusted unemployment rate dropping to...

UK grocery prices rise 3.8 percent in April, adding to consumer pressure
UK grocery inflation edges up to 3.8 percent in April, says report

LONDON, U.K.: Grocery prices in the UK rose by 3.8 percent in April, slightly higher than last month's 3.5 percent, adding more pressure...

Hong Kong home prices fall for fourth month despite stimulus
Hong Kong home prices fall for fourth month in March

HONG KONG: Hong Kong's housing market continued to lose ground in March, with home prices falling for a fourth straight month despite...

China’s top airlines report deeper Q1 losses amid trade tensions
China's largest airlines see losses in Q1 from competition, US tariffs

BEIJING, China: China's top airlines are still grounded in red ink, reporting steeper losses for the first quarter as they battle fierce...

Europe

Section
Germany cements longtime military ties with Israel
 German Air Force Chief Makes Farewell Visit to Israel

TEL AVIV, Israel -  Lieutenant General Ingo Gerhartz, Chief of the German Air Force, visited Israel this week in his final official...

Ireland’s Ryanair warns it may cancel Boeing orders over US tariffs
Ireland's Ryanair threatens to cancel Boeing order over US tariffs

DUBLIN, Ireland: Ryanair has issued a sharp warning: if U.S. tariffs under President Donald Trump's trade policies raise the cost of...

Ireland’s unemployment dips to 4.1% in April
Ireland's monthly unemployment rate drops to 4.1% in April

DUBLIN, Ireland: April 2025 saw a slight improvement in the labor market, with the seasonally adjusted unemployment rate dropping to...

UPS to cut 20,000 jobs, close facilities amid Amazon slowdown
UPS to cut 20,000 jobs on reduced Amazon deliveries as tariffs weigh

ATLANTA, Georgia: United Parcel Service is cutting 20,000 jobs and closing dozens of facilities, marking one of its biggest shakeups...

Ireland to launch first military radar system in 2025
Ireland's first military radar system to be rolled out next year

DUBLIN, Ireland: Ireland is preparing to activate its first-ever military radar system, with phased implementation set to begin early...

US approves $46 million Javelin arms deal to boost Ireland’s defense
Ireland to buy $46 million worth of Javelin launchers, missiles

DUBLIN, Ireland: Ireland has moved a step closer to strengthening its peacekeeping capabilities after the U.S. State Department approved...