RTE Business

Irish company Giant Company Attractions has secured a contract to build a giant visitor attraction in the US which is described as the 'world's tallest moving statue'.

The war in Gaza will hit economies across the Middle East if it is not resolved and the conflict urgently needs a non-military solution, Qatar's finance minister told Reuters.

Minister for Housing Darragh O'Brien has told the Dáil that the 10% stamp duty rate, which is applicable to international investors who buy more than 10 residential properties, will be reviewed.

Ryanair said today it will resume flights to and from Israel on February 1, citing EASA guidance and the resumption of flights by other European carriers.

Forecourt retailer Circle K and high-power charging network IONITY are increasing the number of high-power EV chargers across the Circle K network in Ireland.

Penneys said today it is aiming to make adaptive fashion more accessible and affordable with the launch of its first adaptive lingerie collection.

Petrol and diesel prices saw small decreases again this month - the fourth month in a row of cheaper prices - the latest AA Ireland monthly Fuel Price Survey shows.

Irish export businesses are being advised to engage with their freight carriers and look at their supply chains as disruption to shipping continues in the Red Sea.

Birkenstock has today forecast 2024 revenue above estimates after beating analysts' expectations for fourth-quarter sales on higher pricing and strong demand, in the German luxury sandal maker's first results since going public.

Bright banners tout the promise of artificial intelligence along the main promenade of Davos, but executives at the World Economic Forum (WEF) say they are grappling with how to turn early demos into money-makers.

Bank CEOs meeting in private at the World Economic Forum have aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said.

Meta Platforms' former chief operating officer Sheryl Sandberg plans to step down from her position on the company's board of directors after her term ends in May, she said in a Facebook post.

Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are causing congestion at container terminals, AP Moller-Maersk said in an update to customers today.

Taoiseach Leo Varadkar is in Davos for the World Economic Forum, which has so far been dominated by the conflicts in the Middle East and Ukraine.

Dealz owner Pepco Group cautioned today that inventory levels could be impacted if disruptions to shipments through the Suez Canal due to attacks by Iran-backed Yemeni Houthi militants in the Red Sea continues during 2024.

Drinks group C&C said today that trading over the key Christmas time was resilient despite some bad weather in the UK, adding that its full year operating profits are expected to be in line with current market expectations.

Cartier jewellery-owner Richemont has today reported lower third-quarter sales in Europe, becoming the latest luxury company to post a slowdown in demand.

Paddy Power owner Flutter Entertainment has reported a 15% increase in revenues for the three months to the end of December but its US revenues were below guidance.

AECOM expects the value of the construction industry in Ireland to be in the region of €32 billion this year, similar to last year.

There was a slight increase in the number of homes available to rent under the Housing Assistance Payment (HAP) scheme at the end of last year.