RTE Business

Tesla has upgraded its Model S and Model X cars in the US and raised their prices by $5,000, according to the electric vehicle maker's post on X and its website.

Demand for premium office space in cities like London and Paris is heating up as more companies order staff back to the office, but investment is lagging and could worsen a supply crunch, property sources said.

Drugmaker Novo Nordisk is once again Europe's largest company by market capitalisation, rising above German software firm SAP today.

The European Union's goods trade surplus with the US expanded in April even after US tariffs, data released today showed, while the bloc's exports to China dropped for a ninth consecutive month.

The Minister for Housing has defended new measures in relation to the rental market, saying they strike a balance between protecting tenants and supporting investment.

New figures from the Central Bank show that the number of mortgage accounts in arrears for more than 90 days during the first quarter of 2025 was at their lowest level since 2009.

French banking group BPCE has agreed to buy US private equity fund Lone Star's 75% stake in Novo Banco in a deal that values Portugal's fourth-largest bank at €6.4 billion, following a wave of consolidation in European banking.

UK-based Pearson plans to boost its workforce in India by about 43% to 2,000, an executive told Reuters today, months after the education firm named India one of its top three priority markets globally.

Oil prices have surged after Israel launched an attack on Iran's nuclear programme with financial markets anxious over retaliatory action.

A new survey from professional services firm Azets Ireland shows that Irish mid-market, owner-managed and family-owned businesses rate their economic prospects at 5.5 out of 10, down from 6.5 last November.

Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant's artificial intelligence strategy.

Europe needs to develop smaller and cheaper vehicles in the style of Japan's so-called "kei cars", Stellantis Chairman John Elkann has said, as high prices, which he blamed on regulation in the region, weigh on consumer demand.

No major US trading partner manipulated its currency in 2024, the Treasury Department said in the first semi-annual currency report of President Donald Trump's new administration.

The International Monetary Fund said its next global growth forecast in July will take into account both positive and negative trade developments but declined to predict a tariff-driven GDP downgrade similar to that released by the World Bank this week.

Irish waste and recycling solutions company Turmec has secured a €6.2m contract in New Zealand.

Oil prices jumped more than $4 a barrel today, hitting their highest price in almost five months after Israel struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies.

The German economy is expected to grow by 0.3% this year following two consecutive years of contraction, the economic institute DIW Berlin said today, the fifth institute to raise its forecasts for 2025 and 2026.

Ryanair chief executive, Michael O'Leary has stated that the airline's home market in Dublin is being hampered "by failed regulation and political inaction".

As broadcaster Joe Duffy prepares to retire from Liveline on RTÉ Radio 1 on Friday 27 June, RTÉ has announced it is running an open internal and external 'expressions of interest' process for interested potential on-air presenters across RTÉ Radio 1 and News and Current Affairs.

Mattel has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said today.