Start-up Output Sports says its wearable product also assesses injury risks in training, writes Trish Dromey

The escalating trade war between the US and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.

Michael Healy has been appointed as general manager in the Republic of Ireland for Deliveroo, the food delivery app service.

US stocks rose yesterday , led by a rebound in the technology sector, as Federal Reserve chair Jerome Powell said the central bank would act as appropriate”to trade war risks, leaving the door open for a possible rate cut.

Thomas Cook’s bonds tumbled to record lows after reports that questioned the company’s ability to return to profit and avoid being crushed under a pile of debt.

Ten years ago this month, the financial world was rocked by the collapse of a Wall Street giant.

World markets spluttered, irked by the failure of German coalition talks which sent the euro and the price of oil lower.

The company chaired by a detained Saudi billionaire prince is seeking to reassure investors after its stock plunged following his arrest in a purported anti-corruption drive.

The chief executive of Goldman Sachs has cast further doubt over the banking giant's future in London after Brexit in a provocative tweet that is likely to pile further pressure on the Government.

Shares in LVMH climbed towards record highs after the world’s biggest luxury goods company reported stronger-than-forecast revenue growth for the third quarter.

The age of persistently weak oil prices is nearing its end, with demand booming and a supply squeeze in the offing, according to trading giant Trafigura.

A global insurance giant has picked Dublin as its new post-Brexit base.

Brexit is set to deliver a much-heralded jobs boom with over 80,000 new roles to be created - in Frankfurt.

Frankfurt’s international schools see a bonus from Brexit after a deluge of calls from bankers who are set to be posted to Germany’s financial centres now that the UK has decided to leave the EU.

Banks and technology companies took US stocks higher on Tuesday as companies continued to report strong second-quarter results.

Bank of America yesterday confirmed it will become the first Wall Street lender to pick Dublin as its new base for its EU operations, as Britain prepares to leave the bloc.

Amsterdam is seeking to lure companies and the European Medicines Agency as Brexit drives them away from London, even as a Dutch cap on bank bonuses keeps financial firms away.

A six-year push to impose a tax on financial transactions in the EU may have run its course, with Germany and France hesitating as they prepare for Brexit and a redrawing of the financial map.

Sterling yesterday rose to its highest point since September as weak inflation data in the US weighed on the dollar, while traders are increasingly betting on higher

The threat of slowing demand and new competition in GlaxoSmithKline’s flagship HIV drug business has unnerved investors in the UK’s biggest drugmaker, sending its shares down 1.8%.

US stocks rose today as banks continued to climb along with interest rates, and energy companies rallied again with oil prices.

British Airways owner IAG has said a power outage that led to the cancellation of hundreds of flights last month probably cost it about £80m (€91.5m) in lost revenue and the expense of accommodating, re-booking, and compensating thousands of passengers.

The election of Emmanuel Macron in France is a positive for the country’s creditworthiness but his presidency could yet come unstuck if it fails to deliver growth to help cut its large debts, Moody’s Investors Service has said.

Hugo Boss shares fell the most in five months as weakness in the US kept the German clothier’s sales revival in check.

The performance of the global economy has tended to disappoint versus expectations in recent years, struggling for sustained upward momentum.

Regardless of who wins the French election, European stocks are headed for a correction, according to Deutsche Bank. That’s a view at odds with many of the region’s strategists who expect relief if they lose.

JP Morgan Chase is in talks to buy a Dublin office building as the bank considers expanding in the capital as one of its options for when Britain leaves the EU, according to sources.

The Government is on course to sell up to €3bn worth of shares in AIB in late May — providing that the outcome of looming French election does not disturb banking markets.

Former British Chancellor George Osborne is to be paid £650,000 a year for working just 48 days a year at asset manager BlackRock, according to the UK parliament’s register of members interests.

Rich investors are shunning stocks because of concerns about the political impact from Donald Trump’s administration and Brexit, according to Christian Nolting, chief investment officer at Deutsche Bank’s wealth management unit.

Stocks around the world continued their march higher on Monday, and US indexes again hit new highs.

Davos may be cold, but it looks like a more comfortable home for bankers than London.

Stocks on Wall Street slipped on Thursday as interest rates dropped and banks took sharp losses.

Crude rose above $55 a barrel to hit a 16-month high yesterday as rising prospects of a tightening market after last week’s Organization of the Petroleum Exporting Countries (Opec) agreement to cut production gave speculators impetus to increase bets on higher prices.

MM Warburg, one of the few banks to predict Britons would vote to leave the EU, is avoiding UK assets.

Banks took the biggest losses amid a slump in US stocks as investors worried about the financial health of Germany's Deutsche Bank.

US stocks jumped to record highs on Friday after a strong jobs report for the month of July gave investors more confidence that the economy is still growing.

Investment banking giant Citigroup has reported a 17% fall in second-quarter profit on lower revenue from consumer banking; still beating analysts’ estimates as fixed-income trading rebounded and the firm dedicated less money to soured loans.

Shares in Shire rose to its highest level in 10 months in London after the US Food and Drug Administration approved its Xiidra drops to treat dry-eye disease, the first treatment for the ailment to be approved in more than a decade.