The drive to find a vaccine to combat the coronavirus is well underway. Several large pharmaceutical and smaller biotech companies are working on making new antibodies, drugs and vaccines to combat the coronavirus disease but lack of funds may yet get in the way, writes
It is too early to gauge the full economic and trade effects of the coronavirus outbreak, however, a number of global agencies have come out with their estimates of the likely damage to international trade and various economies across the globe.
As the World Health Organisation scrambles for a cure to the Coronavirus, a further crisis is simmering: The global dependence on China for the production of key ingredients in the global supply chain for antibiotics, diabetes drugs, painkillers and also many electronic components for medical devices.
The week ahead may be pivotal for investors and businesses monitoring the deadly coronavirus outbreak — including Irish companies whose supply chains stretch into China — as they scramble to understand whether the economic fallout will be long-lasting.
A mother, whose 11-year old son died in violent circumstances after they had just emerged from a period of homelessness, has dedicated herself to helping others who are struggling with the loss of a child or living without a home of their own.
There has been a marked swing in business sentiment with regard to the UK market. Many believe, like Patrick Coveney, the chief executive of Greencore, that political certainty and stability is slowly returning despite the looming UK general election on December 12.
The decisions by the Swiss pharmaceutical giant Novartis to shed 320 of the 550 jobs at its Cork campus over the next three years and by Koch Industries to close its Molex manufacturing facility in Shannon, with the loss of 500 jobs, may be the tip of the manufacturing industry closures’ iceberg in Ireland.
Ireland’s world-beating ploughmen Eamonn Tracey from Carlow and John Whelan from Wexford will between them bid for their 13th top-two-in-the-world performances, after winning their national test matches at Carlow last week.
Meeting up with Phil Hogan in Dublin in recent days, there was clearly an awareness of the importance and challenges his new portfolio of EU Trade Commissioner carried, not least because of the tense time in Brexit negotiations, but also because of the instability and tension in global trade.
Prime Minister Boris Johnson’s latest gambit to prevent any close scrutiny of his Brexit strategy by the British parliament, by closing down the shop for five weeks, should not blind either the EU or Irish negotiators to the enormity of trade disruption that will arise from a hard exit of the UK at the end of October.
Irish shares and Government bond yields fell today as a political manoeuvre by UK prime minister Boris Johnson was seen as boosting the chances of a crash-out Brexit at Halloween and an early British election.
While pessimism grows that the UK will remain stuck on the 'backstop' and Halloween will bring our worst nightmare of a crash out of the EU, there is reason for optimism that in these turbulent times there is a silver lining for Ireland ‘s traders.
The withdrawal of the transatlantic air service from Cork is disappointing, but hardly surprising. How can airport management persuade airlines to provide transatlantic services when the runway is too short for take-off of long-haul aircraft?
We are on the cusp of a revolution in consumer tastes, which will rock the agri-food industry to its core, regardless of the Climate Change Advisory committee recommendations for a substantial reduction in the cattle herd to meet Ireland’s 2030 greenhouse gas emissions targets.
The start of any European Commission brings with it a sense of hope, a sense of new beginnings and new possibilities and a feeling curiosity in the face of the unknown personalities taking up the lead roles for the 27 countries of Europe.
The Vietnam free trade deal signed two days after the EU Mercosur agreement, to much less fanfare, has substantial opportunities for Ireland's exporters and - in particular - the farming sector, who look set to lose some market under the former deal.
Apple has joined Dell, Microsoft, HP and Intel in opposing US President Donald Trump’s proposed tariffs on laptop computers and tablets among the $300bn (€268bn) in Chinese goods targeted for a 25% tariff increase on July 2 when the consultation period for public comment ends.
The visit of US President Donald Trump to Shannon last week may have improved his chances of re-election next year, as he and his sons made the most of the welcome in Doonbeg to flaunt the Irish connection and appeal to the 30 million Irish-Americans back home.
The vast majority of building materials used in the Irish construction sector are either sourced in the UK or enter Ireland through international distributors in Britain and represent a major risk for the industry, according to executives at the National Construction Summit in Citywest last week.
The loss of almost 500 jobs at Canadian company Bombardier in Belfast will have a disproportionately hard effect on the North’s economy. It will also show up its over-reliance on public service employment at a time of great stress over the Brexit talks, say experts.
On Friday the US and Canada resolved enough differences to trigger a statement from US president Donald Trump to Congress that he intends to keep Canada as part of the new North American Free Trade Agreement (Nafta), setting in motion a 90-day clock for the parties to sign the agreement, writes John Whelan.