RTE Business

British luxury fashion brand Burberry has today warned on its full year profit outlook for the second time in three months, blaming a further slowing in global demand.

Airbus has reported record annual jet orders and confirmed an 11% rise in 2023 deliveries, maintaining the top manufacturing spot against rival Boeing for a fifth year.

Tension in the Middle East has risen after Iranian-backed Houthi rebels began striking at ships passing through the Red Sea last month.

The scale of investment under the National Development Plan (NDP) needs to be increased, because the projections underpinning it now underestimate future needs, new research has found.

Varying regulation across the EU is the top challenge for businesses trading across borders, new research shows.

A builder who has claimed his former employer unlawfully docked his wages to pay for a laptop damaged by spilled tea has accused a payroll administrator of falsely stating that he agreed to the deduction.

Car rental firm Hertz Global Holdings said today it would sell about 20,000 electric vehicles from its US fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles.

Microsoft overtook Apple as the world's most valuable company today after the iPhone maker began 2024 with its worst start in years due to growing demand concerns.

Xiaoyu Fan smiled as she looked around a bustling China Pavilion at the CES in Las Vegas as gadgets like bladeless fans were displayed and deals were being made.

One of the Brennan hotelier brothers said today that the price of doing business here is now "off the wall" when compared to other European countries.

Privacy activist Max Schrems' advocacy group Noyb has expanded its complaint about Meta Platforms' paid no-ads subscription service as it urged Austrian authorities to investigate the difficulty users face in seeking to avoid being tracked.

Gerald Bruton's campaign to cut energy costs and emissions involved both new technologies and behavioural change

US consumer prices increased more than expected in December as rents maintained their upward trend, which could delay a much anticipated interest rate cut in March from the Federal Reserve.

Lifetime loans lender, Spry Finance has said it expects Ireland's equity release lending market to more than double in size over the next three years.

Many small and medium sized businesses may struggle to retain existing staff due to upcoming changes to the required salary thresholds for some workers from outside the European Economic Area coming into Ireland on work permits, a leading immigration services provider has warned.

Britain's departure from the European Union has reduced the size of its economy by 6% so far - an annual cost of £140 billion - London mayor Sadiq Khan said today, with the shortfall seen reaching 10% by 2035.

The savings rate among households here has fallen back to pre-pandemic levels, according to the latest figures from the Central Statistics Office.

New figures from the Central Statistics Office show that the seasonally adjusted Live Register total for December fell by 0.3% from November.

Former bank manager Patrick Challoner, who stole €2.7m from Allied Irish Banks after he created fictitious undocumented loan accounts for customers when their own legitimate applications were delayed or refused, has been jailed for two years.

The National Treasury Management Agency has raised €3 billion through the sale of 10-year debt today after receiving more than €44 billion worth of orders, and the issue could cover as much as half of its annual funding needs.