RTE Business

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.

Citigroup said its profit fell 9% in the third quarter as it set aside more money to cover the risk of loan defaults, particularly on credit cards.

The Government has submitted a seven year economic plan to the EU setting out its spending projections as part of a process of much greater oversight of Ireland's budgets.

A new campaign by the Health and Safety Authority (HSA) aims to help employers manage and mitigate the risks associated with work-related violence and aggression.

Bank of America said its third-quarter profit dropped as it paid more to customers to hold onto their deposits, although its results beat estimates, driven by strong activity in investment banking and trading.

Goldman Sachs said its third-quarter profit jumped 45%, fueled by a rebound in bond sales, stock offerings and mergers, sending its shares up more than 3% in premarket trading.

Increased spending by the Government when the economy is operating near capacity increases the price of goods and services

New Central Statistics Office figures show that Irish residents spent a total of 8.6 million nights on domestic trips in the second quarter of this year, up 5% compared with the number of nights spent in the second quarter of 2023.

Credit servicing firm Pepper Advantage is to cut variable mortgage rates over the coming days for more than 9,000 residential mortgage customers.

New figures from the Central Statistics Office show that Irish exports of goods increased by 8% or €10.3 billion to €143.1 billion in the first eight months of this year, while imports decreased by nearly €4 billion, or 4%, to €87.4 billion.

A recruiter who took "a lot of offence" to a senior colleague at his firm allegedly approaching his wife after getting drunk at a leaving party and pulling her hair has claimed he was sacked within a month of complaining about it as an act of penalisation.

The countdown to Christmas is on.

Revenues at businessman Denis O'Brien's international engineering group Actavo last year increased by 8.7% to €214.62m - boosted by a strong Irish performance.

Demand for bank loans across the 20-nation euro zone rose in the third quarter and a further increase is expected in the final three months of the year, with household mortgages driving the expansion, a European Central Bank survey showed today.

The four German states with a Volkswagen presence want to work together to ensure that the struggling carmaker does not shut any of its plants, the states' economy ministries said in a joint position paper seen by Reuters.

Sweden's Ericsson said today that the telecom equipment market is showing signs of improvement after reporting core earnings and sales above expectations, helped by a rebound in demand for 5G gear in North America.

British pay grew at its slowest pace in more than two years in the three months to August and vacancies fell again, according official data that will probably be welcomed by the Bank of England as it considers when to cut interest rates again.

Tokyo Metro raised 348.6 billion yen ($2.3 billion) in Japan's largest initial public offering in six years after pricing its IPO at the top of its range, a regulatory filing from the company showed today.

The Housing Finance Agency, the public sector body which provides financing to support the delivery of social and affordable homes, has appointed Deirdre Collier as its chief executive officer.