RTE Business

The US budget deficit shrank slightly from a year ago in the first nine months of the fiscal year, on higher tax revenues from individuals and corporations, the Treasury Department said Thursday.

Britain's new government has inherited an economy that is gathering momentum but the recent, stronger-than-expected growth figures do not mean Prime Minister Keir Starmer and his team have found a way out of their bind on public spending.

China's exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected from a growing number of trade partners, while imports unexpectedly shrank amid weak domestic demand.

The average price of a resale house across the country, excluding Dublin, has climbed by 6.8% over the last year, leading estate agent DNG has claimed in its latest House Price Gauge report.

Small and medium sized businesses lost almost €10m through email-related scams last year.

Pre-tax profits at the Irish arm of the world's most valuable luxury brand, Louis Vuitton, increased last year by 14% to €10.96m in a record year for the business.

Businessman Denis O'Brien is seeking High Court orders requiring internet giant Meta to provide him with information about those behind allegedly "false and malicious" advertisements containing his name and image that have been posted on its platforms.

The number of new electric cars sold in Ireland between January and June was down by a quarter on the same six months of last year.

The directors of Dublin Aerospace have blamed a 'clerical error' for the company's over-claim of Government Covid-19 Employment Wage Subsidy Supports (EWSS) during the pandemic which has resulted in a €1.7m correction in its accounts.

The Central Bank needs to improve the transparency and fairness of its vetting regime for key financial services industry roles, a review conducted by a former top supervisor at the European Central Bank has found.

The shortage in HGV drivers in Ireland will be exacerbated by changes to visa requirements for workers from South Africa which came into effect this week, according to immigration firm Fragomen.

The two Government ministers in charge of the budget have rejected criticism from the Irish Fiscal Advisory Council (IFAC) over Budget 2025, and said ministers are not risking overheating the economy.

U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal Reserve another step closer to cutting interest rates.

Residents in five European cities highly support the introduction of sustainable cargo bike delivery services

The Port of Cork Company has been buoyed by a 16% increase in the number of cruise ships last year.

Prices for consumer goods and services in June 2024 rose by 2.2% on average when compared with June 2023, according to new figures from the Central Statistics Office, down from an annual increase of 2.6% on May.

Ireland has become a member of the Europe Startup Nations Alliance (ESNA), an organisation established to enhance the European startup ecosystem.

Over 1,900 homes have been bought using the First Home Scheme since its launch in July two years ago.

Britain's markets watchdog has paved the way for the biggest shake-up in three decades of rules for companies listing on the London Stock Exchange as it seeks to catch up with New York and the European Union post-Brexit.