The European Union is to hit back against “unjustified” tariffs the United States has introduced on all steel and aluminium imports, ratcheting up a dispute many fear will escalate into a full blown trade war. Jack Power reports, while he also breaks down what is at stake in the negotiations.

Donald Trump’s threat to impose a 25 per cent tariff on goods coming into the US from Canada and Mexico would damage Smurfit WestRock’s paper and packaging business although the full cost of that impact is not clear, the Dublin-based company’s president and chief executive has told Ciaran Hancock, host of The Irish Times Inside Business podcast.

Paddy Power owner Flutter awarded its chief executive and chief financial officer shares worth millions of euro on Wednesday, Peter Flanagan reports.