Wilbur Ross

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US threat of a 25 per cent tariff on European-produced cars is the biggest worry for the continent’s carmakers in 2019. PHotograph: Markus Schreiber/AP Photo

Volkswagen chief executive Herbert Diess has warned import tariffs from the US could cost the German carmaker billions of euro each year. Mr Diess sa(...)

 Venezuela’s defence minister Vladimir Padrino Lopez at a news conference in Caracas on Tuesday. Photograph:   Manaure Quintero/Reuters

Venezuelan troops will remain stationed along the country’s borders to prevent territorial violations, the defence minister said on Tuesday, ahead of(...)

US commerce secretary Wilbur Ross: he submitted the “section 232” national security report. Photograph: Leah Millis/Reuters

The US commerce department sent a report on Sunday to US president Donald Trump that could unleash steep tariffs on imported cars and auto parts, prov(...)

The Aughinish Alumina Refinery on the Shannon Estuary near Foynes, Co Limerick

There was good news for the greater Shannon area last weekend, when the US treasury announced it was officially lifting sanctions on energy giant Rusa(...)

 Donald Trump: His poll rating fell but did not collapse in recent weeks. Photograph: Alex Edelman/AFP/Getty Images

In a parallel Washington, Donald Trump signed December’s bipartisan compromise to keep the government running. Federal wages were paid. Services were (...)

Ren Zhengfei, founder and CEO of Huawei. China called on Washington on Tuesday to “stop the unreasonable crackdown” on Huawei following the tech giant’s indictment in the US. Photograph: Vincent Yu/AP

The US has accused China’s Huawei and its chief financial officer of stealing American technology and breaking US sanctions against Iran, in a crimina(...)

 Huawei products  in Beijing. Photograph: Gilles Sabrié/The New York Times

The United States on Monday charged China’s Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to vio(...)

Acting US attorney general Matthew Whitaker, secretary of homeland security Kirstjen Nielson, commerce secretary Wilbur Ross (left), and FBI director Christopher Wray (right), announce a 13-count indictment of financial fraud charges against Chinese telecommunications manufacturer Huawei in Washington, DC.  Photograph: Saul Loeb/AFP/Getty Images

The US justice department has filed charges against Chinese tech giant Huawei. A 13-count indictment was unsealed in New York charging Huawei, two o(...)

Bank of Ireland finished down 4.3 per cent at €5.45 as sentiment turned negative against banking stocks.

European shares finished higher but lost some of their earlier gains, after a bounce in tech stocks was offset by a late slide among banks following d(...)

Fang Xinghai, vice chairman of China Securities Regulatory Commission, gestures as he speaks during a panel session on the opening day of the World Economic Forum in Davos.   Photograph: Jason Alden/Bloomberg

The slowdown in China’s growth rate to levels not seen in almost three decades “is not going to be a disaster,” a senior Chinese official said at the (...)

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