Ulster University announces plans to cut 450 jobs
Ulster University announces plans to cut 450 jobs.
Herald section
Business
Recent reporting and significant records from the Herald archive.
£50m investment is announced for the Ulster Folk Museum
A £50m investment is announced for the Ulster Folk Museum.
Unions representing teachers in Northern Ireland accept a pay rise worth 4% for 2025–26
Unions representing teachers in Northern Ireland accept a pay rise worth 4% for 2025–26.
About 350 workers at NI Water stage a one-day strike in a dispute over pay arrangements and terms and conditions
About 350 workers at NI Water stage a one-day strike in a dispute over pay arrangements and terms and conditions.
Number of homes and businesses in north Belfast are evacuated following a security alert
A number of homes and businesses in north Belfast are evacuated following a security alert.
Competition and Markets Authority of the United Kingdom clears Paramount Skydance's US$110 billion acquisition of Warner Bros.
The Competition and Markets Authority of the United Kingdom clears Paramount Skydance's US$110 billion acquisition of Warner Bros. Discovery, while culture secretary Lisa Nandy declines a public-interest review after receiving commitments on editorial independence.
United Kingdom lifts its travel advisory for Bahrain, Kuwait, Qatar, the United Arab Emirates, and the Riyadh and Eastern provinces of Saudi Arabia
The United Kingdom lifts its travel advisory for Bahrain, Kuwait, Qatar, the United Arab Emirates, and the Riyadh and Eastern provinces of Saudi Arabia after the signing of the peace deal.
American fashion retailer Claire's closes all of its 154 stores in Ireland and the United Kingdom with the loss of 1,300 jobs
American fashion retailer Claire's closes all of its 154 stores in Ireland and the United Kingdom with the loss of 1,300 jobs after collapsing into administration for a second time in a year.
Stocks in the United Kingdom increase amidst hopes of new Iran–U.S. talks
Stocks in the United Kingdom increase amidst hopes of new Iran–U.S. talks.
Protests over fuel prices are held in Ireland and Norway
Protests over fuel prices are held in Ireland and Norway.
United Kingdom's Financial Conduct Authority rules that around 12 million people are entitled to financial compensation
The United Kingdom's Financial Conduct Authority rules that around 12 million people are entitled to financial compensation after being mis-sold motor finance agreements between 2014 and 2024. The compensation scheme will see each motorist awarded around £829, costing car finance lenders a total of £9.1bn.
United Kingdom announces it will ban above-face-value ticket resale for concerts, shows, and sports events, citing rampant price gouging on ticket sale sites
The United Kingdom announces it will ban above-face-value ticket resale for concerts, shows, and sports events, citing rampant price gouging on ticket sale sites.
Pizzeria chain Pizza Hut enters administration in the United Kingdom with at least 68 venues expected to close and 1,210 employees at risk of redundancy
Pizzeria chain Pizza Hut enters administration in the United Kingdom with at least 68 venues expected to close and 1,210 employees at risk of redundancy.
Amazon announces that it will close all 19 of its Amazon Fresh stores in the United Kingdom after "a thorough evaluation of its business operations"
Amazon announces that it will close all 19 of its Amazon Fresh stores in the United Kingdom after "a thorough evaluation of its business operations".
Fashion retailer Claire's collapses into administration in the United Kingdom and Ireland, putting more than 2,150 jobs at risk,
Fashion retailer Claire's collapses into administration in the United Kingdom and Ireland, putting more than 2,150 jobs at risk, amid declining sales and strong competition from online shopping services.
Spokesperson for Canadian infrastructure minister Gregor Robertson announces that Canada has cancelled a joint opening ceremony for the Gordie Howe International Bridge…
A spokesperson for Canadian infrastructure minister Gregor Robertson announces that Canada has cancelled a joint opening ceremony for the Gordie Howe International Bridge that will connect Detroit, Michigan, and Windsor, Ontario, after U.S. president Donald Trump announced 50% tariffs on Canadian goods.
U.S. president Donald Trump signs another executive order imposing 50% tariffs on many Canadian goods, including USMCA-covered products,
U.S. president Donald Trump signs another executive order imposing 50% tariffs on many Canadian goods, including USMCA-covered products, citing alleged discriminatory trade practices. The duties take effect in 30 days, with exemptions for energy, potash, and products under sector-specific tariffs.
Belgium approves an import ban on goods from Israeli settlements
Belgium approves an import ban on goods from Israeli settlements.
21st Century ROAD to Housing Act becomes law after U.S. president Donald Trump allows the bill to take effect without his signature.
The 21st Century ROAD to Housing Act becomes law after U.S. president Donald Trump allows the bill to take effect without his signature. It was passed by the U.S. Congress to expand affordable housing and reduce housing costs.
U.S. trade representative Jamieson Greer says that the United States will not renew the USMCA trade agreement signed during president Donald Trump's first term.
U.S. trade representative Jamieson Greer says that the United States will not renew the USMCA trade agreement signed during president Donald Trump's first term. The U.S. will conduct annual reviews of the trade agreement and will conduct negotiations and amendments to it.
Ukraine approves a mechanism for exporting domestically produced weapons and military technologies to raise funds for its defense effort against Russia and attract…
Ukraine approves a mechanism for exporting domestically produced weapons and military technologies to raise funds for its defense effort against Russia and attract foreign investment, while requiring that the Ukrainian military's supply needs remain the priority.
U.S. House of Representatives passes the 21st Century ROAD to Housing Act in an effort to lower the cost-of-living of houses and support affordable housing in the…
The U.S. House of Representatives passes the 21st Century ROAD to Housing Act in an effort to lower the cost-of-living of houses and support affordable housing in the country. The legislation will head to president Donald Trump for his signature.
Oil prices, including crude oil, fall by 5% after U.S. president Donald Trump announced that a deal has been reached to end the war
Oil prices, including crude oil, fall by 5% after U.S. president Donald Trump announced that a deal has been reached to end the war, reopen the Strait of Hormuz and end the U.S. blockade.
Iraqi Civil Aviation Authority reopens Iraq's airspace after Iran announced that it was halting attacks against Israel.
The Iraqi Civil Aviation Authority reopens Iraq's airspace after Iran announced that it was halting attacks against Israel. Additionally, Syria reopens its airspace, including resuming operations at the Damascus International Airport.
Tehran's Imam Khomeini International Airport resumes operations after suspending incoming flights following recent military exchanges between Iran and Israel
Tehran's Imam Khomeini International Airport resumes operations after suspending incoming flights following recent military exchanges between Iran and Israel.
Iraq and Syria temporarily close their airspace, and the Damascus International Airport suspends its operations, amidst the Iranian strikes on Israel
Iraq and Syria temporarily close their airspace, and the Damascus International Airport suspends its operations, amidst the Iranian strikes on Israel.
Lebanon inaugurates its second international airport, the Rene Mouawad Airport, amidst the ongoing fighting between Israel and Hezbollah and the war in the country
Lebanon inaugurates its second international airport, the Rene Mouawad Airport, amidst the ongoing fighting between Israel and Hezbollah and the war in the country.
Bloomberg reports that Russia's exports of crude oil have reached their highest level since before the 2022 invasion of Ukraine during 2026,
Bloomberg reports that Russia's exports of crude oil have reached their highest level since before the 2022 invasion of Ukraine during 2026, with the country benefiting from the overall rise in oil prices amidst the Iran war fuel crisis.
Dutch cabinet approves a bill to ban the importation of goods from Israeli settlements, and will explore if the ban can be extended to services and investments
The Dutch cabinet approves a bill to ban the importation of goods from Israeli settlements, and will explore if the ban can be extended to services and investments.
U.S. Court of International Trade rules that the 10% global tariffs imposed by president Donald Trump are illegal
The U.S. Court of International Trade rules that the 10% global tariffs imposed by president Donald Trump are illegal.
Ukrainian president announces that Hungary has returned cash and gold seized from Ukraine's Oschadbank
Ukrainian president announces that Hungary has returned cash and gold seized from Ukraine's Oschadbank after outgoing Hungarian prime minister Viktor Orbán ordered the government to keep the cash and gold for 60 days.
Dubai International Airport in Dubai, United Arab Emirates, reports a 66% drop in passenger traffic in March 2026 amidst a disruption of air traffic in the Middle East…
The Dubai International Airport in Dubai, United Arab Emirates, reports a 66% drop in passenger traffic in March 2026 amidst a disruption of air traffic in the Middle East due to the Iran war.
United States president Donald Trump announces that he will lift tariffs on all whisky products, including Scotch whisky
United States president Donald Trump announces that he will lift tariffs on all whisky products, including Scotch whisky.
Asia-Pacific markets opened mixed as investors remained cautious despite a three-week extension of the 2026 Israel-Lebanon ceasefire
Asia-Pacific markets opened mixed as investors remained cautious despite a three-week extension of the 2026 Israel-Lebanon ceasefire, underscoring lingering geopolitical uncertainty.
U.S. president Donald Trump threatens to impose 50% tariffs on countries that supply military weapons to Iran
U.S. president Donald Trump threatens to impose 50% tariffs on countries that supply military weapons to Iran.
American Automobile Association reports that the United States national average gas price has reached $4.02 a gallon, the highest since 2022
The American Automobile Association reports that the United States national average gas price has reached $4.02 a gallon, the highest since 2022 following Russia's invasion of Ukraine.
Stocks in the U.S. also rise following reports that president Donald Trump has told aides that he is willing to end the war without securing the Strait of Hormuz
Stocks in the U.S. also rise following reports that president Donald Trump has told aides that he is willing to end the war without securing the Strait of Hormuz.
Brent crude futures fall 11%, trading just below US$100 a barrel for the first time in days, following the announcement by U.S. president Donald Trump about talks
Brent crude futures fall 11%, trading just below US$100 a barrel for the first time in days, following the announcement by U.S. president Donald Trump about talks with Iran to end the war.
Price of West Texas Intermediate crude oil rises by more than five percent to US$87.65 per barrel
The price of West Texas Intermediate crude oil rises by more than five percent to US$87.65 per barrel after United States president Donald Trump escalated threats related to the Strait of Hormuz.
Iran, Iraq, Israel, Kuwait, Qatar, and Syria close their respective airspaces to civilian flights as a precautionary measure, while the UAE partially closes its airspace.
Iran, Iraq, Israel, Kuwait, Qatar, and Syria close their respective airspaces to civilian flights as a precautionary measure, while the UAE partially closes its airspace. Later, the UAE indefinitely suspends all flights from the Al Maktoum and Dubai international airports.
South Korea's benchmark KOSPI index surpasses 6,000 points for the first time, crossing the threshold shortly after the opening of trading
South Korea's benchmark KOSPI index surpasses 6,000 points for the first time, crossing the threshold shortly after the opening of trading.
United States president Donald Trump raises the global tariff on imports from 10% to 15% under emergency powers that permit the measure for up to 150 days
United States president Donald Trump raises the global tariff on imports from 10% to 15% under emergency powers that permit the measure for up to 150 days after the Supreme Court ruled yesterday that a 1977 law does not authorize the imposition of his earlier country-specific tariffs. The administration states that the new rate applies broadly, with exemptions for certain sectors and goods covered by existing trade agreements.
American e-commerce company eBay announces it will acquire Depop from Etsy for $1.2 billion, merging two of the largest secondhand e-commerce platforms in the world
American e-commerce company eBay announces it will acquire Depop from Etsy for $1.2 billion, merging two of the largest secondhand e-commerce platforms in the world.
Pikachu Illustrator Card, a Pokémon trading card, sells at auction by Logan Paul for US$16,492,000, breaking the record for the most expensive collectible card ever sold
A Pikachu Illustrator Card, a Pokémon trading card, sells at auction by Logan Paul for US$16,492,000, breaking the record for the most expensive collectible card ever sold.
Ukraine and the International Monetary Fund agree to modify conditions for a proposed US$8.2 billion, four-year lending program
Ukraine and the International Monetary Fund agree to modify conditions for a proposed US$8.2 billion, four-year lending program, easing certain requirements including planned tax increases on entrepreneurs above a higher revenue threshold.
UAE-based DP World CEO Sultan Ahmed bin Sulayem resigns and leaves the company with immediate effect amid controversy
UAE-based DP World CEO Sultan Ahmed bin Sulayem resigns and leaves the company with immediate effect amid controversy over his connection to convicted American sex offender Jeffrey Epstein, whom he exchanged hundreds of emails with over a decade.
Lufthansa staff conduct a one-day strike to protest the airline's cost-cutting measures, grounding at least 460 flights and affecting nearly 70,000 passengers
Lufthansa staff conduct a one-day strike to protest the airline's cost-cutting measures, grounding at least 460 flights and affecting nearly 70,000 passengers.
British International Investment suspends all future investments with DP World after their CEO Sultan Ahmed bin Sulayem was revealed to have maintained close ties
British International Investment suspends all future investments with DP World after their CEO Sultan Ahmed bin Sulayem was revealed to have maintained close ties with convicted American sex offender Jeffrey Epstein, including an exchange in 2009 in which he was revealed as the recipient of an email saying "I loved the torture video" from Epstein.