ByteDance Ltd.’s TikTok has dropped plans to invest in a new Irish data center in a blow to the country’s reputation as a data center hub as it grapples with concerns over grid capacity.

The fallout from the Iran war is testing the resilience of Ireland’s economy, one of the strongest in Europe, as the Irish central bank expects soaring energy prices to slow domestic growth.

Ireland’s government approved a €250 million ($290 million) package to alleviate the impact of soaring energy costs caused by the Iran war, including a cut to the fuel excise duty.

Ireland’s government approved a €250 million ($290 million) package to alleviate the impact of soaring energy costs caused by the Iran war, including a cut to the fuel excise duty.

S&P Global Ratings upgraded Ireland, underscoring how the economy has held up despite exposure to global trade upheaval.

Ireland is better placed than many of its European peers to weather economic risks from the Iran war fallout as it starts from a stronger base, Central Bank of Ireland Governor Gabriel Makhlouf said.

European Central Bank Governing Council member Gabriel Makhlouf didn’t rule out an increase in interest rates next month should data signal the need for such a step, though said it’s impossible to commit with uncertainty so high.

European Central Bank Governing Council member Gabriel Makhlouf didn’t rule out an increase in interest rates next month should data signal the need for such a step, though said it’s impossible to commit with uncertainty so high.

Irish Premier Micheál Martin will gift Donald Trump the traditional bowl of shamrock when he meets the US president for St. Patrick’s Day, part of a charm offensive as the nation seeks to safeguard an economic model built on US investment.

Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.

Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.

Ireland’s Finance Minister said he is confident a long-awaited multi-trillion-euro European saving and investments union is close to getting over the line after years of sparring between member states over how it would work.

Ireland’s finance minister, Simon Harris, said there are risks of a surge in inflation from the spike in energy prices and the Iran conflict is a “sharp wake-up call” for Europe to become more energy independent.

Ireland’s finance minister, Simon Harris, said there are risks of a surge in inflation from the spike in energy prices and the Iran conflict is a “sharp wake-up call” for Europe to become more energy independent.

The UK and Ireland signed a renewed joint defense pact, as the neighboring nations bolster their security ties in an increasingly tense geopolitical landscape.

Ireland nominated Gabriel Makhlouf for a second term as head of the central bank.

Ireland nominated Gabriel Makhlouf for a second term as head of the central bank.

European Central Bank Governing Council member Pierre Wunsch said he’s inclined for now to look past the jump in energy prices caused by the fighting in the Middle East.

European Central Bank Governing Council member Pierre Wunsch said he’s inclined for now to look past the jump in energy prices caused by the fighting in the Middle East.

Novo Nordisk A/S will spend €432 million ($507 million) upgrading an Irish factory to produce its hit Wegovy weight-loss pill for markets outside the US, the Irish Times reported Monday.