RTE Business

The former chief executive of the Abercrombie and Fitch clothing empire has been arrested and charged with the trafficking of male models for sex parties around the world, US prosecutors have said.

Jobseekers who refuse to engage with the State's employment service may have their welfare rates cut by €90 from January.

Hotel operator, Premier Inn has lodged plans for a 162 bedroom hotel for the Sandyford Business Park and is to expand further in Dublin and beyond over the coming years.

Minister for Finance Jack Chambers has backed a recommendation from his own officials to cut the rate of tax on certain investment funds from 41% to 33%.

Foreign owned firms with operations in Ireland employed 623,128 people here in 2022 and accounted for €921 billion of total turnover.

The International Monetary Fund has today raised its 2024 economic growth forecasts for the US, Brazil and Britain but cut them for China, Japan and the euro zone, adding that risks abound from armed conflicts, potential new trade wars and the hangover from tight monetary policy.

The potential impacts on small and medium sized businesses of any new Government policy measures will have to be considered before they are signed off under plans approved by Cabinet today.

ALDI has set new science-based targets to reach net-zero greenhouse gas emissions across its business by 2050.

A worker let go by an engineering firm earlier this year has accused it of playing a "financial game" and "hoping to get away with not paying" staff and suppliers.

Many of us use our phones more than we think we do or more than we would like to at times

General Motors continued to defy Wall Street's expectations this year, posting third-quarter results ahead of analyst projections on the back of steady gasoline-engine truck and SUV sales and a focus on keeping inventories lean.

New figures from the Central Statistics Office show that Irish ports handled 12.137 million tonnes of goods in the second quarter of 2024, a marginal decrease when compared with the figure of 12.188 million the same time last year.

The chief executive of Fáilte Ireland has said the passenger cap at Dublin Airport probably represents one of the biggest long-term risks to growth in the tourism industry here in Ireland.

British public borrowing in the first six months of the tax year came in higher than official forecasts, data showed today, underscoring the challenge facing finance minister Rachel Reeves in her first budget next week.

British luxury brand Mulberry has today rejected a second takeover proposal from Mike Ashley's Frasers Group, calling it "untenable".

The Minister for Finance Jack Chambers has appointed Patricia Byron and John S Daly to the board of the National Treasury Management Agency (NTMA) for a five-year term.

Shares in SAP were up 5% today, hitting an all-time high of €221 after the German software company raised its full-year targets on a strong cloud business in the third quarter.

Logitech International has raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said today.

HSBC Holdings said today it would combine some of its commercial and investment banking operations in a major overhaul under new CEO Georges Elhedery, which will see it cut costs while trying to improve returns.

Swedish defence material maker Saab has today reported a slightly bigger than expected rise in third quarter operating earnings and affirmed its outlook for surging sales and profits this year as countries scramble to re-arm.