RTE Business

Euro zone business activity contracted sharply and unexpectedly this month as the bloc's dominant services industry flatlined while a downturn in manufacturing accelerated, a survey showed today.

German business activity contracted in September at its sharpest pace in seven months, according to a survey today that suggested Europe's largest economy had tipped into recession.

Shares of Commerzbank and UniCredit were lower this morning after the German government said that it would retain its 12% stake in the German bank for now in a move that will likely keep any merger with the Italian lender on hold.

British finance minister Rachel Reeves today will vow to "rebuild Britain" after 14 years of Conservative leadership, warning of "difficult decisions" in a speech at the Labour Party conference.

Gas remained the largest single source of the country's electricity generation in August, despite total gas demand decreasing by 10% from July and by 7% compared to the same time last year.

Bank of Ireland said new analysis shows that competition for homes intensified during the summer with almost 40% of transactions now being settled at a minimum 10% premium over the original asking price.

Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new £6.1 billion offer after its two previous offers were rejected.

Keurig Dr Pepper is to invest €6.44m in its beverage production International Operations hub, based in Newbridge in Co Kildare, which will see the plant powered with 100% renewable electricity

Australia's consumer watchdog accused the country's two largest supermarket chains of misleading shoppers about discounts on hundreds of products in lawsuits filed today, tightening pressure on the sector amid a cost-of-living crisis.

Remanufacturing and refurbishment are sometimes used interchangeably but there are differences in each

The regulatory environment and availability of the necessary talent are among the biggest factors influencing future growth of the funds and asset management industry here, a new study has found.

More than 6,000 former employees of CIÉ are calling on the company to increase their pensions, after over a decade and a half of a freeze in their payments.

Eleven non-government organisations have joined forces to put pressure on the Government not to provide further universal energy credits in the Budget.

Nearly one third of all jobs are poised to be fundamentally transformed by generative artificial intelligence (GenAI), according to a new study.

The first payments of the Government's fuel allowance will be made this week to over 400,000 households across the State.

The Environmental Protection Agency (EPA) has called for local authorities to strongly implement the ban on the sale of smoky fuels and further boost support for alternatives to car travel to help improve air quality.

Plans for a €10 million transformation of Howth Castle into a retail, food and tourist destination have suffered a major setback after An Bord Pleanála refused to lift a number of planning conditions which restricted measures which the promoters claim are critical for the project.

Plans for a €10 million transformation of Howth Castle into a retail, food and tourist destination have suffered a major setback after An Bord Pleanála refused to lift a number of planning conditions which restricted measures which the promoters claim are critical for the project.

Former minister for finance Michael McGrath has defended Government spending ahead of next month's budget.

Britain's criminal prosecution body has said it twice received evidence against the now-disgraced ex-Harrods boss Mohamed Al-Fayed, accused by multiple women of sexual assault and rape, but had not brought charges.