Stay updated with breaking news from Irish times. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
business report. handing on control of the world s biggest economy. as barack obama prepares to say goodbye we look at what he s done for america financial health. the cost of china s raw materials is going up faster than it has for more than five years wait for it it s important because it could mean the rest of us the rest of the world paying more for the stuff they sell us? welcome to world business report. i m aaron heslehurst. stay where you are i have about nine! nine minutes, it is all i am asking for an eye promised to deliver an exciting snapshot of business. there are just a couple of weeks of barack obama s presidency remaining and later today he gives his big farewell speech. as well as being commander in chief he s also overseen the world s biggest economy for the last eight years. but what kind of legacy has he left? well more than 11 million more jobs have been added with the unemployment rate falling from 7.8% to 4.7% but what the typical americ ....
he resigned in protest over the democratic unionist party s handling of a botched renewable energy scheme, which could cost taxpayers £190 million. the telegraph business section reports the ftse 100 has matched its longest record setting streak in its 33 year history after it closed at an all time high on the back of a weakening pound. the guardian business section says fiat chrysler ceo sergio marchionne has warned the company may have to close it s mexican factories if us president elect donald trump imposes tough new tariffs on imports from mexico. and finally, cristiano ronaldo has received fifa s best player award for the fourth time after portugal and real madrid both won major european titles in 2016. no doubt, cristiano ronaldo is the best european titles in 2016. no doubt, cristiano ronaldo is the best footballer european titles in 2016. no doubt, cristiano ronaldo is the best footballer in european titles in 2016. no doubt, cristiano ronaldo is the best foot ....
welcome to bbc news. labour has accused theresa may and her ministers of a cover up after she once again refused to confirm or deny reports that during the last test of britain s nuclear deterrent a missile had veered off course. the defence secretary sir michael fallon who faced urgent questions in the commons said he would not comment on operational details. as our political editor laura kuenssberg reports the test occurred lastjune just before mps voted to renew britain s independent nuclear defence capability. set condition one 50 for weapons system readiness test. aye aye, sir. pressing the nuclear button. action stations. a process that is practised and practised. the hope, it never happens for real. butjust before the prime minister took charge, a test like this, it seems, did not go according to plan. but theresa may yesterday refused to say if she had known. prime minister, did you know? there are tests that take place all the time, regularly, for our n ....
wall street puts its doubts aside as the dowjones finally hits 20,000. plus, tax wars. can brexit britain and trump s us beat the likes of ireland at their own game and lure back the multinationals and their billions? welcome to world business report. i m sally bundock. we will be checking how markets are doing in asia injust a moment. we start in the us where president trump has been provoking more controversy over his plans to wall off mexico. meanwhile, traders at the new york stock exchange are cheering the trump effect. here s what they have been celebrating: the dow jones industrial average of top us shares ended here, finally closing above 20,000 points for the first time in its isi year history. it s a huge psychological milestone for traders, the dow has now risen some 9.5% since the election in november, one of its biggest rallies on record. it got within one point of 20,000 back on january sixth before nerves caused the rally to fizzle out. but since presiden ....
we start with the irish times. that reports on president trump s pledge to abandon a law preventing churches getting involved in political campaigns. the paper says that any move to weaken the provisions separating religion and state would be a huge victory for the religious right. next up, it is the probe into deutsche boerse‘s chief executive over possible insider trading. the daily telegraph writes questions are being raised over the timing of the investigation of carsten kengeter, just weeks before the company wanted the go ahead to merge with the london stock exchange. and francois fillon is on the front page of le figaro. the paper says that the former prime minister is determined to continue his fight in the french presidential campaign. that is despite an investigation into his financial affairs. the guardian reports on comments from the british defence secretary, michael fallon, warning that nato must now compete on the cyber battlefield, and do more to count ....