RTE Business

CEO of Electric Picnic, Melvyn Benn has said that the cost of staging this year's Electric Picnic, where Hozier and Chappell Roan will be headlining, will be between €25m to €30m.

Dublin City Council has given the new owners of the former U2 hotel the green light to almost triple the size of The Clarence Hotel in Temple Bar.

A €200 million capital development plan has been published to cater for the expansion of passenger numbers at Cork Airport over the next decade.

The much-awaited release of Grand Theft Auto VI, the latest instalment of the popular video game series, has been postponed by several months to May 2026, its publisher said today.

US job growth slowed marginally in April, but the outlook for the labour market is increasingly darkening as President Donald Trump's aggressive tariff policy heightens economic uncertainty.

Coillte has said Storm Éowyn in January caused "unprecedented" levels of damage to its estate at an estimated cost of over €60m.

Retail Excellence Ireland has called on the Government to indefinitely pause any increases in the minimum wage.

Global food commodity prices increased in April, driven by higher cereal, meat and dairy product prices that outweighed falls in sugar and vegetable oils, the United Nations' Food and Agriculture Organization said today.

Exxon Mobil has today beaten Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings.

New figures from the Central Statistics Office show the seasonally adjusted Live Register total for April stood at 170,500 people, an increase of 4.5% from March.

Tesla sales in some European markets fell sharply in April, in an acceleration of a trend seen since the beginning of the year for Elon Musk's EV brand, as Europeans buy more Chinese cars and some protest against his political views.

Commercial solar provider UrbanVolt has secured a €40m multi-currency debt facility from HSBC Innovation Banking UK and HSBC Asset Management.

The Irish Data Protection Commission has fined video-sharing app TikTok €530 million over the transfer of the personal data of European users to China.

Euro zone inflation held steady just above the ECB's 2% target in April but underlying price pressures picked up more than projected, likely making some ECB policymakers nervous, even if a trade war may justify more interest rate cuts.

As the US ends a tariff exemption for small parcels, some retailers have stopped selling to US customers while others are seeking temporary workarounds in the hope the tariff rate may be reduced.

A large majority of Irish consumers (70%) still prefer in-person shopping for essentials. Irish shoppers are embracing own brand or private labels and discount stores, while bricks-and-mortar retail remains resilient, according to the EY Future Consumer Index.

Premier Inn owner Whitbread has signalled strong demand for the upcoming summer season and said it was confident about its medium-term goals, supported by planned expansions in the UK and continued strong performance in Germany.

Denmark's biggest lender Danske Bank has reported forecast-beating first-quarter profits and said it expects the global trade war to have a moderate impact on its main Nordic markets, booting its shares.

Harrods has become the latest high-profile UK retailer to fall victim to a cyber attack amid a wave of hacking incidents.

The Government is in "full-blown" panic over housing, and it "took the biscuit" that the solution was to hire someone on almost €500,000 to essentially job share with the Minister for Housing, Sinn Féin leader Mary Lou McDonald has said.