Breaking

Economy



Ryanair keeps Morocco flights intact thanks to fuel hedging strategy

Ryanair has confirmed it will maintain its full summer flight program in Morocco, shielding itself from the fuel price surge triggered by the ongoing conflict involving the United States, Israel, and Iran, which has severely disrupted jet fuel supplies through the Strait of Hormuz. While the broader......

Europe's EV sales surge as fuel prices spike on Middle East conflict

Electric vehicle registrations rose sharply across Western Europe in April 2026, with several countries recording record or near-record battery electric vehicle market shares as consumers increasingly turned away from combustion-engine cars amid fuel price surges driven by the ongoing conflict in the......

IAG raises ticket prices as jet fuel costs surge amid Middle East crisis

International Airlines Group said it will increase ticket prices to offset a sharp rise in jet fuel costs linked to the ongoing Middle East conflict, marking a shift from its earlier position that fares would remain stable. The group, which owns British Airways, Iberia and Aer Lingus, stated that while......

Austria’s Bawag agrees $1.9 billion acquisition of Irish lender permanent TSB

BAWAG Group AG has announced an agreement to acquire Irish retail lender Permanent TSB in a deal valued at approximately $1.9 billion, marking a significant consolidation in the European banking sector. The transaction, worth around 1.62 billion euros, will see BAWAG pay 2.97 euros per share, according......

Irish police move to clear refinery blockade as fuel price protests escalate

Irish police have intervened to dismantle a blockade at the country’s only oil refinery, as protests over rising fuel prices intensified and began to disrupt national supply chains. Demonstrators, angered by a sharp increase in diesel costs in recent weeks, used tractors and heavy vehicles to......

Ireland plans new savings accounts to boost investment culture

Ireland is preparing to introduce a new type of personal savings and investment account starting in 2027, in a move aimed at encouraging households to make better use of their financial assets. The initiative, announced by Finance Minister Simon Harris, seeks to address the large volume of savings currently......

Central banks worldwide raise inflation forecasts amid Iran war energy shock

Central banks across the globe have lifted their inflation outlooks less than a month after U.S. and Israeli forces struck Iran on February 28. The conflict's economic fallout spreads as energy prices soar and supply chains disrupt. Governments activate emergency measures to counter the crisis [reuters.com]. France's......

US trade deficit hits $1.24 trillion in 2025 despite tariffs

The United States recorded a historic trade deficit of $1.241 trillion in 2025, marking a 2.1% increase compared with the previous year, according to data released by the US Department of Commerce. This record deficit occurred despite the implementation of tariffs aimed at rebalancing trade flows with......

Global supply chains enter era of permanent volatility

Global value chains have shifted into an era of enduring structural volatility, compelling businesses and governments to overhaul how products are produced and distributed worldwide. This transformation, detailed in a key report from the World Economic Forum released on January 19 during its 56th annual......

Moroccan Tomatoes: Ireland emerges as a fast-growing market

Morocco is steadily strengthening its influence in the European fruit and vegetable sector, and Ireland has recently become one of the most dynamic destinations for Moroccan tomatoes. According to general trade data from international market trackers and Irish statistical sources, Morocco exported approximately......

Irish homeowners urged to adopt energy-efficient upgrades as costs rise

With energy prices climbing and colder months approaching, the Sustainable Energy Authority of Ireland (SEAI) has unveiled a nationwide campaign encouraging homeowners to invest in energy-efficient home improvements. The initiative, crafted in collaboration with Posterplan and WPP Media, delivers its......

Ryanair suspends all flights to Asturias in strategic route realignment

Ryanair has announced it will suspend all flights to and from Asturias, signaling a strategic shift in its Spanish operations. The move reflects the airline’s broader focus on concentrating resources on high-demand tourist destinations while withdrawing from smaller, less profitable regional airports. A......

Ryanair to unveil regional Spanish airports hit by severe flight cuts

Low-cost airline Ryanair is set to announce significant reductions in flights to and from regional airports in Spain this winter, confirming plans to cut an additional one million passenger seats. The move comes amid ongoing tensions with Aena, the Spanish airport network, over fee increases. Sharp......

  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.