RTE Business

Air fryers, gin and disposable vapes are among the items that have been added by the Central Statistics Office to the basket of goods and services that determine the annual rate of inflation.

The annual rate of inflation fell to 4.1% in the 12 months to January from 4.6% in December, new figures from the Central Statistics Office show today.

The average Interest rate charged on new mortgages in Ireland was 1.5% higher in December than in the same month a year earlier, according to the latest data from the Central Bank.

The European Commission has today revised down its expectations for the performance of the Irish economy in its Winter 2024 Economic Forecast, which was published today.

Stellantis has today warned of a turbulent year ahead after its operating profit fell 10% in the second half of 2023 when strikes caused long stoppages at its operations in North America, its profit powerhouse.

Tánaiste Micheál Martin has said the exit package given to former RTÉ Chief Financial Officer Breda O'Keeffe should be reassessed.

Euro zone economic data indicates that inflation is heading back towards target as earlier predicted but the European Central Bank still needs more information before it can be sure, ECB President Christine Lagarde said today.

Europe's Airbus has today unveiled a special dividend after posting higher 2023 results, buoyed by resurgent demand for jetliners and despite a fresh charge of €200m at its troubled Space business.

Messaging service WhatsApp is to lower its minimum age requirement in Ireland and across Europe from 16 to 13.

Messaging service WhatsApp is to lower its minimum age requirement in Ireland and across Europe from 16 to 13.

Germany's Commerzbank has today posted its biggest profit in 15 years in 2023, a 55% increase from the previous year, as it benefited from higher interest rates, and the lender said it was aiming for another profit rise in 2024.

Bord Gáis Energy has today announced a "modest" profit of €2m for 2023, down from €34m in 2022 as it said it balanced pricing pressure in energy supply with a strong performance from its power generation and trading activities.

UK bank NatWest is preparing to appoint Paul Thwaite, its interim chief executive, as the permanent successor to former CEO Alison Rose, Sky News has reported.

Britain's economy entered a recession in the second half of 2023 after it shrank by a worse-than-expected 0.3% in the three months to December having also contracted by 0.1% between July and September, official data showed today.

French spirits maker Pernod Ricard said today it now expected sales to flatline this year after a tough first six months, but is banking on improved demand in key Chinese and US markets from the second half.

Food technology and ingredients company Kerry has reported lower revenues for the year to the end of December amid varying market dynamics across its regions.

Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place, official data showed today, although India is projected to leapfrog both later this decade.

Maxol has announced a €2.5 million investment in 12 high speed chargers at EV hubs which will open in Kildare and Dublin later this year.

Almost half of Irish people say they have experimented with artificial intelligence (AI) or use it regularly for personal use, according to a new survey.

IT service provider Nostra has appointed Michael McAteer as its new Chairman.