RTE Business

New figures from the Central Statistics Office show that Irish residents spent a total of 36.7 million nights on domestic trips in 2024, an 8.2% increase compared with the previous year.

European Central Bank chief Christine Lagarde warned today that a trade war between the US and Europe could shave half a percentage point off eurozone growth and push up inflation.

The National Treasury Management Agency has today completed an auction of €1 billion of benchmark Irish Government bonds.

Sweden's central bank kept its policy rate unchanged at 2.25% as expected today as it weighed up a still sluggish domestic economy and the risks posed by signs of resurgent inflation and brewing global trade tensions.

The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data published shortly before the Bank of England was expected to keep interest rates on hold.

Figures from the Central Statistics Office show the Consumer Price Index rose 1.8% between February of this year and last year.

French food caterer Sodexo has today lowered its yearly outlook, bringing it below analysts' estimates, saying organic revenue growth in North America was slower than it had initially expected.

Container shipping liner Hapag-Lloyd has today reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided from 2023, citing lower interest income and higher tax expenses.

Finland ranked as the world's happiest country for the eighth straight year in the World Happiness Report, with locals and experts thanking its grand lakes and strong welfare system for boosting its mood.

The Bank of England looks set to keep interest rates on hold today as it awaits the impact on the economy of US President Donald Trump's trade tariff onslaught and of the British government's imminent tax hike for employers.

Potential US tariffs on European-made products could hit revenue at Lamborghini, its CEO said, as the sports carmaker posted strong results for last year, despite a contraction in the luxury market.

Nvidia plans to invest hundreds of billions of dollars in US-made chips and electronics over the next four years, the Financial Times has reported, quoting CEO Jensen Huang.

The national commercial vacancy rate has reached its highest level on record at 14.5%, according to the latest GeoDirectory Commercial Buildings Report.

The reduction of wholesale energy market prices led to a 19% drop in profits for the ESB last year.

The Anglo-Irish trade war saw both sides slap tariffs on key exports in a display of economic dislocation and diplomatic animosity

A new film starring Chinese-Irish actor Steven He will become the first production in Ireland to deploy hydrogen power units.

Meta has announced the European roll out of artificial intelligence (AI) features on Facebook, Instagram, WhatsApp and Messenger.

Ireland needs a Commissioner for Long-Term Thinking to advise on adapting to climate change. That is one of the recommendations from a report compiled for the Environmental Protection Agency.

US President Donald Trump urged the Federal Reserve to cut interest rates to help offset effects of his tariffs, renewing his vocal disagreement with the central bank's decision-making.

President Donald Trump urged the US Federal Reserve to cut interest rates to help offset effects of his tariffs, renewing his vocal disagreement with the central bank's decision-making.