RTE Business

Honda Motor said today that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on capturing growing demand for hybrids with new models.

China's central bank has today cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the US.

UK baker and fast food chain Greggs has today reported improving sales growth as its first half progressed, helped by better trading conditions, and said it was sticking to forecasts for the full year.

Australia's central bank has today cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it also remained cautious on further easing.

There was a 15% rise in motor liability claims among pedestrians last year, while motorcyclists account for just 2% of personal injury claims, but represent one in ten fatal claims, according to the latest report from the Injuries Resolution Board.

Nursing Home Operator Grace Healthcare has announced the creation of 100 new jobs with the opening of a €20 million care home in Dunshaughlin, Co Meath.

The Irish Farmers' Association and the group representing co-ops in Ireland are due to protest at the European Commission offices in Dublin to warn against stripping away the CAP budget in favour of a single fund approach to the EU budget.

RTÉ has published a statistical summary of external activities by staff for the fourth quarter of 2024, showing that 116 activities were approved.

A new digital safeguarding toolkit has been launched to protect child influencers, also known as 'kidfluencers'.

Lidl Ireland is to spend more than €10 million constructing Ireland's first net zero energy supermarket.

The group of governments whose bonds get the highest ranking just got smaller, after the US lost its last triple-A credit rating from Moody's.

Global accountancy firm Deloitte has announced plans to create 500 new jobs in Belfast.

Emerald Park expects the installation of over 290 new solar panels across its theme park will save the company over €30,000 annually in energy costs.

Spain has ordered Airbnb to withdraw more than 65,000 listings for holiday rentals that violated existing rules from its platform as part of a general crackdown on a business blamed for contributing to the housing crisis in the country.

Cinema ticket sales fell 8.8% worldwide in 2024 from the previous year, marking the first annual drop since the Covid pandemic, the European Audiovisual Observatory (EAO) said in Cannes.

Farming, food and agribusiness specialist professional services firm ifac has announced a deal to buy Kilkenny-based Coughlan Carroll & Co. Chartered Accountants & Registered Auditors.

The Government has launched a new national semiconductor strategy which aims to boost employment in the sector by 34,500 jobs by 2024.

A new survey shows that 20% of SMEs applied for bank finance in 2024, an increase from 18% in 2023.

The EU has today sharply cut its euro zone economic growth forecast for 2025 because of global trade tensions sparked by US President Donald Trump's sweeping tariffs.

Virgin Media has announced that its fibre broadband upgrade programme has now reached more than 550,000 homes.