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European Commissioner for the Economy Paolo Gentiloni. The commission warned that that economic output in the euro zone could slump by 8.7 per cent this year. Photograph: Virginia Mayo/EPA

European stocks were lower on Tuesday, although the Iesq outperformed, after Germany posted weaker than expected industrial data and the European Comm(...)

Irish stocks with a negative exposure to the pandemic again fell. Photograph: Dara Mac Dónaill

European stocks slumped to a one week-low on Wednesday as a surge in coronavirus cases and news that US was weighing tariffs on European products dash(...)

Amazon has joined forces with a leading business group to offer advice on how firms can get back to work safely as the lockdown continues to ease. Photograph PA

Given the devastating impact of the Covid-19 pandemic on the economy as well as on human lives, investors are showing remarkable resilience. A full 7(...)

Banks were among the biggest losers, with AIB tumbling 8.94 per cent to €1.14 while Bank of Ireland declined 7.81 per cent to €1.86. Photograph: Peter Muhly/AFP

Banks and oil companies led European stocks lower on Tuesday as investors turned wary ahead of the US Federal Reserve’s policy meeting. DUBLIN The I(...)

  Lufthansa’s €9bn state bailout   will be the biggest aid deal offered so far by a European government to an airline grounded by pandemic restrictions. Photograph:  Sean Gallup/Getty Images

Coronavirus travel bans might be about to turn European aviation’s clock back almost 30 years, reintroducing state ownership of airlines. Germany’s go(...)

The New York Stock Exchange, where stocks fell sharply for the second day on Wednesday. Photograph: Mark Abramson/The New York Times

Travel stocks, automakers and banks led a slide in European shares on Wednesday as fears of a resurgence in coronavirus cases and a worrying outlook f(...)

A letter will be sent to all EU states to “ensure respect of passenger rights”, and to outline suggestions to make vouchers more attractive if airlines want more passengers to accept them instead of refunds. Photograph: Getty Images

Airlines have reacted with fury to the European Commission’s fresh demand that passengers must be given cash refunds for cancelled flights, and cannot(...)

Aer Lingus-owner IAG said it believes it will be 2023 before it passenger numbers recover from the Covid-19 crisis. Photograph: Alan Betson

Aer Lingus will on Friday give unions more details of planned cuts that some speculate could lead to 900 job losses. The carrier’s owner, Internation(...)

Getting back in the air is not just an imperative for the airlines, it is also vital for the health of the economy. Photograph:  Oli Scarff / AFP

Ireland’s aviation industry has been devasted by the impact of Covid-19 on the economy. Stobart Air looks set to be rescued by the Stobart Group in th(...)

Oil major Royal Dutch Shell shed another 7.0 per cent on a ratings downgrade a day after it slashed dividend for the first time since World War Two. Rival BP was also down.

Markets took a turn for the worst on the first trading day of this month after US president Donald Trump threatened to slap new tariffs on China over (...)

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