RTE Business

The World Bank has today warned that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries.

Meta Platforms said today it would hide more content from teens on Instagram and Facebook, after regulators around the globe pressed the social media giant to enhance protections for children on its platforms.

Tourism Ireland said today it aims to increase the overall economic value of overseas tourism to the island of Ireland, growing revenue by an average of 5.6% per year over the next six years to 2030.

German department store giant Galeria Karstadt Kaufhof said today it had filed for insolvency following the collapse of its parent Signa amid a real-estate crisis in the region.

The media regulator, Coimisiún na Meán, has named the ten video-sharing platforms that will be covered by its new online safety code.

Public sector pay talks are set to resume this afternoon at the Workplace Relations Commission after adjourning before Christmas without agreement.

The new president of the Irish Farmers Association (IFA) has said political parties cannot take farmers for granted as local, European and national elections approach.

The results of the CSO's Household Budget Survey, which is used to gauge spending habits, are to be released on an annual basis from next year.

Dublin-based aircraft leasing company Avolon said that during 2023 it had ordered 200 new aircraft including 100 Airbus A321neo, 80 Boeing 737MAX and 20 Airbus A330neo planes.

From self-driving baby carriages to ChatGPT in Volkswagen cars, artificial intelligence is expected to be centre stage at the CES gadget extravaganza that formally opens today in Las Vegas.

Retail sales grew by 0.2% on a monthly basis in November, the first monthly increase since last April, to stand 0.8% higher than a year ago, the latest Central Statistics Office figures show today.

The European Union's competition regulator said today it was looking into Microsoft's investment into ChatGPT developer OpenAI to see if it merits further investigation for possible breaches of merger rules.

The Government's "First Home Scheme" report for 2023 shows a significant increase in usage, with the number of homes bought in the second half of the year over five times the number bought during the same time in 2022.

Pre-tax profits at pest control firm Rentokil Initial increased more than seven fold to €9.6m in 2022.

Euro zone services activity could weaken further in the coming quarters due to rising interest rates but the impact on the sector may be more muted than on manufacturing, a European Central Bank study concluded today.

Dublin has been selected as the location for the biennial Transport Research Arena conference next April.

CES, the annual high tech gadget extravaganza in Las Vegas, again delivers its wave of new inventions and cutting edge technology with artificial intelligence this year's unavoidable buzzword.

GSK today said it would acquire asthma drug maker Aiolos Bio in a deal worth up to $1.4 billion, as the British drugmaker boosts its growing respiratory diseases portfolio.

Oil prices steadied today after sliding in the previous session, as markets weighed Middle East tensions against demand worries and rising OPEC supply.

Recruitment company Hays has today forecast first-half pre-exceptional operating profit of about £60m, below market expectations, hurt by hiring slowdown at the end of the December quarter.