North America

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Whirlpool has posted a stronger-than-expected jump in quarterly profit and raised its full-year outlook, citing sales gains in all of its markets, inc(...)

Coca-Cola  reported weaker-than-expected sales volumes yesterday  due to ongoing economic malaise and unusually poor weather, sending its shares down nearly 3  per cent. Photograph: Reuters

Coca-Cola, the world’s largest beverage company, said second-quarter profit fell 4 per cent as unseasonable bad weather and slowing economic growth in(...)

Smoke breathing dragons roaming through Eyre Square in Galway for the opening of the Galway Arts Festival. Dragons is presented by one of Europe’s most exciting outdoor theatre companies, the world famous Sarruga from Barcelona. Photograph: Joe O’Shaughnessy.

Demonic dragons, flying trapeze and trampoline artists and a “dream engine” heliosphere envelope the streets of Galway over the next fortnight as the (...)

Axle gear in Lac-Megantic, Quebec, after a crude oil freight train derailed and blew up in the small town  on Saturday morning. Photograph: Mathieu Belanger/Reuters

Residents of the town of Lac-Megantic in Quebec are still coming to grips with the reality that 50 people are most likely dead in the aftermath of th(...)

Firefighters look at a train wagon on fire at Lac Megantic, Quebec. Canadian police expect the death toll from a fatal fuel train blast in a small Quebec town to rise. Photograph: Reuters

The death toll from the explosion of a runaway freight train in a small Quebec town rose to five and another 40 people are missing, police said today(...)

The Aer Lingus strategy of integrating its mainline and regional services seems to be working rather well.

The Aer Lingus strategy of integrating its mainline and regional services seems to be working rather well for the airline, with this week’s announceme(...)

Traders work at Egypt’s Stock Exchange in Cairo yesterday.Oil slipped today from a two-week high above $106 a barrel after Egypt’s armed forces toppled its president, easing concerns over the threat of supply disruption in the Middle East.  Photograph: Mohamed Abd El Ghany/Reuters.

Oil slipped today from a two-week high above $106 a barrel after Egypt’s armed forces toppled its president, easing concerns over the threat of supply(...)

Tourism rebounds

At a time of economic uncertainty, the recovery of the Irish tourism industry shows what can be done through restructuring, hard work and providing go(...)

 Tom Cruise at one of Dublin’s biggest tourist attractions, the Guinness Storehouse, alongside fellow actor Olga Kurylenko and Guinness Master Brewer Fergal Murray.  Photograph: Leon Farrell/ Photocall Ireland

Tourist numbers to Ireland grew significantly from March to May, with the number of overseas visitors to the State rising by 8.1 per cent on the same (...)

Yields on the benchmark 10-year Treasury note last week jumped by the biggest percentage in a decade as US Federal Reserve chairman Ben Bernanke indicated the central bank might scale back its bond-buying. Photograph: Reuters/Gary Cameron

The recovery in global banks’ balance sheets is under threat from a surge in bond yields, according to senior bank executives and analysts.Banks have (...)

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