Emer Walsh

1 week ago | irishexaminer.com | Emer Walsh

The European Central Bank (ECB) has cut interest rates for the seventh time since summer 2024 as policymakers react to the threat of major levies being placed on European exports by US President Donald Trump. The ECB's deposit rate now stands at 2.25% following the regulator's latest reduction of 0.25%. "The disinflation process is well on track," the ECB said on Thursday. "Inflation has continued to develop as staff expected, with both headline and core inflation declining in March.

1 week ago | irishexaminer.com | Emer Walsh

Euro area inflation fell again in March, with the latest figures from Eurostat set to inform the European Central Bank's upcoming interest rate decision this week. Data released on Wednesday by the EU statistics agency found inflation across the 20-nation euro area fell to 2.2% in March, down from 2.3% in the previous month. Ireland had one of the lowest inflation figures in the region, despite increasing somewhat notably to 1.8% from 1.4% in February.

1 week ago | irishexaminer.com | Emer Walsh

Cork Airport has released its summer schedule for 2025 with several new routes being operated by Aer Lingus, TUI and SunExpress.

1 week ago | irishexaminer.com | Emer Walsh

The Cork business community is in shock following the death of one of the city's most well-known businessmen, John Mullins. Mr Mullins, who, throughout his life led Bord Gáis, the Port of Cork and Amarenco, has died at the age of 57, the Irish Examiner reported on Monday. A graduate of University College Cork (UCC), Mr Mullins studied engineering before completing a master's degree in electrical and electronic engineering in 1993.

1 week ago | irishexaminer.com | Emer Walsh

US president Donald Trump’s ‘Liberation Day’ announcement of reciprocal tariffs on nearly every country in the world sent global markets into a rapid tailspin, shaking what has, over time, become the traditional trading order and raising fears of a worldwide recession. In traditional Trump style, it was turned on its head again on Wednesday evening, when he announced he would postpone all reciprocal tariffs for 90 days sending markets back up again.