RTE Business

New figures from Kantar show that grocery inflation continued its downward trend last month, as it fell to 5.9% in the 12 weeks to 21 January from 7.1% in December.

Uisce Éireann, the national water authority, said today it is recruiting for 700 new jobs across the country.

Retailers are warning that the sector is facing mass closures unless the Government introduces a lower rate of VAT in order to help firms meeting rapidly rising costs.

Ceroflo, an Irish medical device company that is developing a treatment for a leading cause of stroke, has raised €6.4m.

On the same day as the local and European elections, the people of Limerick will have the distinction of being the first - and so far only - citizens in Ireland to vote for a mayor.

On the same day as the local and European elections, the people of Limerick will have the distinction of being the first - and so far only - citizens in Ireland to vote for a mayor.

Euro zone consumers have trimmed their expectations for inflation over the next 12 months, a European Central Bank poll showed today, in a sign the ECB's credit-tightening efforts are having an impact.

Japan's Toyota Motor has today raised its full-year operating profit forecast by nearly 9%, after its third-quarter earnings raced past analysts' estimates thanks to a weaker yen and strong sales of high-margin cars and hybrid vehicles.

Irish software start-up Examfly has raised over €1.5m in its latest funding round as the company said it had secured a new contract in the UK.

British challenger bank Virgin Money has retained its annual profit margin forecast and said it had seen improvement in the mortgage market activity, with application volumes closer to pre-pandemic levels last month.

Novo Nordisk has notched a win in its race to boost output of its popular obesity drug Wegovy, with its parent company announcing it was buying Catalent, a key manufacturing subcontractor of the product, for $16.5 billion.

Australia's central bank held interest rates steady today but cautioned that a further increase could not be ruled out given inflation was still too high, a strong signal that it isn't in a hurry to start easing policy anytime soon.

UBS said today it had completed the first phase of integrating fallen rival Credit Suisse, was benefiting from net new asset flows and plans to restart share buybacks in the second half of the year, with up to $1 billion slated for 2024.

McDonald's has reported its first quarterly sales miss in nearly four years on weak sales growth at its international business division, partly due to the conflict in the Middle East.

BP has today reported fourth-quarter earnings of $3 billion, exceeding forecasts thanks to strong gas trading, as the energy company increased the pace of its share repurchases.

The European Commission has recommended that the EU slashes net greenhouse gas emissions by 90% by 2040.

The European Commission is expected to announce its recommended targets for reducing carbon emissions by 2040, in order for the EU to meet its goal of being net carbon neutral by 2050.

Mayo-based global payroll control platform Payslip has announced a deal with Deloitte that will see it becoming the company's Global Payroll Services provider.

The slowdown in multinational exports that arose largely from a hit to the pharmaceutical sector last year is likely to have been temporary, according to Bank of Ireland in its latest Economic Outlook.

Almost 25% of children aged six have their own smartphone, according to a new study on behalf of online safety charity CyberSafeKids.