RTE Business

The European Central Bank will probably cut interest rates on October 17 as economic growth is weak and this raises the risk that inflation will undershoot its 2% target, French Central Bank Chief Francois Villeroy de Galhau told an Italian newspaper.

Rio Tinto is in talks to buy lithium producer Arcadium Lithium, both companies confirmed today, with the global miner pouncing following a slump in prices for the ultralight metal essential to the world's shift to clean energy.

Shares in Ubisoft Entertainment rose by as much as 5% this morning after the video game maker issued a statement saying it was reviewing its strategic options.

Oil prices fell today, after posting their steepest weekly rise in more than a year last week, as oversupply concerns amid softer demand countered the worries over a wider Middle East conflict disrupting exports in the key oil-producing region.

BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.

German industrial orders fell significantly more than expected in August, adding to signs that manufacturing in Europe's largest economy will not recover in the coming months.

Paschal Donohoe, the President of the Eurogroup and Minister for Public Expenditure, National Development Plan Delivery and Reform, is in Luxembourg today to chair the October Eurogroup meeting.

Cartier owner Richemont has agreed to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business to Mytheresa, ending the search for a new owner of loss-making YNAP after the collapse of a previous deal last year.

Research shows people often use their political stances strategically in interactions with potential employers or business contacts

UK house prices rose in September at the fastest annual pace since November 2022, according to data from mortgage lender Halifax, as expectations of further reductions in borrowing costs added to momentum in the property sector.

A new analysis has suggested that as many as 62,000 homes will be needed every year to meet demand for housing in the short term.

The number of businesses that became insolvent during the first nine months of the year is up more than a third compared to the same period last year, PwC has found.

The Government is expected to sign a 15-year contract worth €150m with Tata Consultancy Services (TCS) this week, to provide administration services for the new pension auto-enrolment (AE) system.

Asking prices for homes have risen 7.5% over the last year, new data from listings website MyHome.ie shows.

A gyroscope navigation system developed by an Irish company will be launched into space today as part of a mission to test and prepare planetary defences against incoming asteroids.

Galway MedTech company SymPhysis Medical has secured €2.2m funding for the development of a device to address the condition of fluid in the chest of cancer patients.

Plumbers, pipefitters, welders and apprentices, who are members of the Unite trade union, are engaging in another day of strike action in a dispute over travel allowances.

Strike action by engineers, who are members of the Connect trade union, which was due to take place tomorrow at Meta's data centre in Clonee, Co Meath has been deferred.

The chairperson of the Road Safety Authority told staff that she could see how a controversial TV ad campaign would be offensive to people who do not drive, but said it should not be withdrawn from television.

If Keir Starmer was hoping to keep the vaunted EU-UK reset a low-exposure affair, he would have been gratified by the news conference in Brussels. On the substance of his meeting with Commission President Ursula von der Leyen, he was short on detail, but big on tone, writes Tony Connelly