RTE Business

Elon Musk's X, formerly Twitter, incurred impairment charges of $26.41bn or €23.27bn across 2023 and 2022.

An accountant has secured over €145,000 in the largest award for unfair dismissal so far this year because the "refusal" of her former employer to give a reason for getting rid of her dealt "a severe blow to her future job prospects".

US consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions.

Ireland's data regulator said today it had opened an investigation into social media platform X over the use of personal data collected from European Union users to train its AI system Grok.

The European Central Bank meets on April 17 with all focus on what tariff chaos means for how much further policymakers will need to cut rates.

The world's largest money manager BlackRock's assets increased to a record high in the first quarter despite volatility in financial markets fueled by US President Donald Trump's tariff proposals.

Waterford City Council has granted planning permission for the €200 million Waterford North Quays, Waterford City development.

Morgan Stanley's first-quarter profit rose as its traders cashed in on market volatility that boosted client activity.

JPMorgan Chase topped first-quarter profit estimates today, driven by record equities trading and higher fees from debt underwriting and merger advisory.

The 10 trading days since US President Donald Trump hit car makers with tariffs have been the most convulsive since the pandemic panic of 2020, as prices of stocks to bonds, oil, gold and even the US dollar itself have swung wildly.

The dollar continued to tumble today, hitting its lowest in a decade against the Swiss franc and sending the euro above $1.14, as the fallout from US tariffs continued to undermine the dollar's status as a safe haven in times of stress.

New figures from the Central Statistics Office show that household savings increased from €22 billion in 2023 to €25 billion in 2024.

An eBay customer support agent who quit after being written up for failing to explain four minutes of inactivity on his computer to his manager's satisfaction has claimed he was being "punished" for earlier workplace complaints.

Enterprise Ireland is investing €1m in a new business accelerator programme which is set to deliver 300 new jobs in the South East.

Cook Medical has announced a €3 million investment in renewable and energy-saving technologies.

The EU will act to defend its economy and companies unless the United States changes course on its aggressive tariffs policy, the bloc's economy chief said as European finance ministers held talks today.

Mid-contract price hikes may be legal, but the practice has been criticised as being unfair to consumers during a cost of living crisis

Stellantis' global shipments fell 9% year-on-year in the first quarter to an estimated 1.2 million vehicles, it said today, after a 12% drop in 2024.

Energy group BP said it expects first-quarter production to decline from the previous quarter, with lower gas output and asset sales in Egypt and Trinidad offsetting gains in oil.