RTE Business

Prices paid to farmers for their produce fell more than 16% in the 12 months to last November, according to the latest figures from the Central Statistics Office.

Shannon Airport has today reported a 29% increase in passenger numbers for 2023 - its best year since 2009.

Oil prices lost roughly 1% today as the Middle East conflict's limited impact on crude output prompted profit taking after oil benchmarks gained 2% last week.

A new Artificial Intelligence (AI) accelerator programme has been announced for start-ups at University College Dublin (UCD).

ISME, the Irish Small & Medium Enterprises Association, has voiced its support for Minister for Public Expenditure Paschal Donohoe in the ongoing public sector pay talks.

The combined fortunes of the world's five richest men have more than doubled to $869 billion since 2020 while five billion people have been made poorer, anti-poverty group Oxfam said.

The German economy contracted by 0.3% in the final quarter of last year and shrank by 0.3% over the full-year 2023, the Federal Statistics Office said today.

The Minister for Public Expenditure, National Development Plan Delivery and Reform Paschal Donohoe is in Brussels today to chair the first Eurogroup meeting of the year.

As attacks on Red Sea shipping demonstrate, weaponising supply chains is increasingly an aspect of economic statecraft

Ukrainian President Volodymyr Zelensky is travelling to Switzerland today, his office said, as Ukraine tries to ensure stable support from allies as the war against Russia nears its second anniversary.

Healthcare services outsourcing company Everise is creating over 100 jobs at its site in Limerick.

Anheuser-Busch InBev will be an official sponsor for three Olympic Games starting with the Paris 2024 summer event this year, the brewer has said, naming its alcohol-free Corona Cero as the official beer of the Games.

Container shipping rates for key global trade routes have soared this week, with US and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea, one of the world's busiest routes, industry officials have said.

Former garda stations, post office and schools are to be converted for community use under a scheme that will "breathe new life" into towns and villages, according to Minister for Rural and Community Affairs Heather Humphreys.

Business and governments are doing a poor job of managing and regulating new technologies, a survey of people ahead of this week's World Economic Forum's annual meeting has found.

The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions and the disruptive impact of artificial intelligence, a survey of top economists released today found.

Five years after Deutsche Bank and Commerzbank aborted an attempt to merge, an uncertain outlook for bank profitability and Germany's need to plug a hole in its budget are rekindling speculation about a potential deal.

Electric Ireland has become the latest energy supplier to announce plans to cut what it charges residential customers.

More than 1,800 new hotel rooms came on stream here in 2023, bringing total stock to an estimated 66,200, an analysis by Deloitte has concluded.

The richest 1% of the population in Ireland holds more than a third of the entire Irish financial wealth of the country.