RTE Business

Computer chip equipment maker ASML has forecast lower than expected 2025 sales and bookings on sustained weakness in parts of the semiconductor market, pushing its shares to their biggest one-day drop since 1998.

Former US president Donald Trump's cryptocurrency platform had a faltering sales launch yesterday, with only a fraction of its digital tokens that went on the market finding a buyer.

French luxury giant LVMH reported a 3% fall in third-quarter sales last night, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and Japan weakened, likely exacerbating investor worries.

The world is on the brink of a new age of electricity with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas supplies could drive investment into green energy, the International Energy Agency said today.

Adidas has raised its full-year sales and profit guidance, citing better than expected performance in the third quarter and good brand momentum as it benefits from demand for its retro three-striped Samba and Gazelle shoes.

British hotel group Whitbread said today that a key revenue metric for its mainstay UK business fell 4% in the past six weeks, dented by weak demand.

Economists expect inflation rates to stay above the European Central Bank's 2% target in the medium term, according to a survey published by Germany's Ifo institute today, a day before the central bank holds its next monetary policy meeting.

British inflation dropped sharply in September and key price gauges watched by the Bank of England also fell, bolstering bets on an interest rate cut next month and helping finance minister Rachel Reeves before her first budget.

Robot artist 'Ai-Da Robot' will make history later this month as the first humanoid robot artist to have an artwork auctioned by a major auction house.

German supermarket chain Lidl is to invest €200m in a new regional distribution centre in Cork.

Less than a third of mortgage customers have considered switching in the past year, new research shows.

The Irish winner of the James Dyson Award, which celebrates inventions by young engineers and designers, has been shortlisted for the international final of the competition.

The Approved Housing Body sector has seen huge growth over the past ten years, the CEO of the Irish Council for Social Housing has said.

Video gamers who sued over Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard have settled their lawsuit claiming the blockbuster deal would harm industry competition and drive up prices.

Adidas has raised its full-year sales and profit guidance, citing better than expected performance in the third quarter and good brand momentum as it benefits from popularity of its three-striped Samba and Gazelle shoes.

Apple has launched its new generation of the iPad mini packed with AI features including writing tools and an improved Siri assistant, as the iPhone maker races to boost its devices with artificial-intelligence capabilities.

Irish-headquartered education technology company Prodigy Learning, and Minecraft Education have announced the launch of a new cybersecurity course for students.

A former Irish rugby international has gone on trial charged with stealing over €500,000 from Bank of Ireland Private Banking.

Minister for Public Expenditure Paschal Donohoe has announced additional spending of €1bn above the figures published on Budget Day.