RTE Business

The former boss of Wirecard today expressed his "deepest regret" over the collapse of the defunct payments company but denied all allegations as he took to the stand in Germany's biggest post-war fraud trial.

The European Commission has revised upwards its forecasts for economic growth this year in Ireland.

ISME, the group representing small and medium sized firms, has called for the continuation of the Temporary Business Energy Support Scheme beyond the end of February and for the streamlining of the application process which it says is 'extremely complex' to apply for.

Heathrow Airport is "back to its best" having recorded the busiest start of the year since before the pandemic, its boss John Holland-Kaye has said.

Nissan and Renault said today they would invest $600m to make six new models in India, one of three markets in which the two automakers plan to coordinate closely in a revamped alliance announced last week.

Permanent TSB said today it has completed a deal to buy Ulster Bank's "Business Direct" loan book after the transfer of about 3,200 loan accounts to the bank.

Portuguese oil and gas company Galp Energia has today reported a record adjusted net profit for 2022, due to soaring oil prices and wider refining margins in the fourth quarter.

India's market regulator is set to brief the federal government on its investigation into Adani group's shelved share sale, two sources said, thrusting the watchdog into the limelight in a week when its laws also face scrutiny by the nation's top court.

Oil prices eased today after rising 2% in the previous session, as investors focused on short-term demand concerns stemming from crucial upcoming US inflation data and refinery maintenance in Asia and the US.

The Minister for Public Expenditure and Reform and President of the Eurogroup is in Brussels today to chair the February Eurogroup meeting of European Finance Ministers.

Rents being sought on the open market in the final three months of 2022 were 13.7% higher than the same period in the prior year, the latest rental report from the property website Daft.ie shows.

Consumer spending last month rose by 17.8% compared to the same month a year ago, according to the latest data released by online bank Revolut.

There was a further contraction in activity in the Irish construction sector in January, but cost and supply pressures showed signs of easing.

One in every five restaurants in Ireland will be at risk of closure if the Government increases the reduced VAT rate back to 13.5% again as planned, the Restaurants Association of Ireland has warned.

Bord na Móna is to invest a further €5m in its Accelerate Green accelerator programme over the next three years.

Investment by venture capital firms into Irish tech firms and small businesses remained flat last year, according to new data.

Ryanair said it was "deeply troubling" how EU funding to tackle emissions was being used to shore up unprofitable school bus routes and with no transparency over how the rest of the money was spent.

Tension is emerging over the future of a now-disused section of rail network in the southeast of the country.

"It is not yet clear how the global job cuts will impact the company's Irish-based workforce."

The Government is expected to improve supports for businesses struggling to pay energy bills.