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News Live News: Ireland gets new e-sports centre in Cork; Aran Woollen Mills targets €20m revenue
The centre represents a €1 million investment in state of the art gaming infrastructure, with the creation of 10 new jobs and further positions available in gaming, media and digital technology expected as the centre continues to expand. The business, celebrating 60 years in business this year, is primarily focused on sweaters but it also makes scarves and cardigans.8.55 - European stocks waver on growth concerns as defence outperforms European equities were muted on Monday amid concerns about US economic growth and the impact of tariffs. Defence stocks outperformed amid a bright outlook for spending.
7.45 - Mark Carney to be Canada’s next prime minister Mark Carney won the race to become Canada’s next prime minister, putting the former central banker in charge of the country just as US President Donald Trump’s administration threatens its economic future. In Asia, China’s consumer inflation fell more sharply than expected, dipping below zero for the first time in 13 months, as deflationary pressures continued to weigh on the economy. Investors are now watching for signs that government stimulus measures are boosting domestic demand.
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