RTE Business

Samsung Electronics has flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about US tariffs.

The "Magnificent Seven" stocks sank last night, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of US President Donald Trump's global tariff war.

US artificial intelligence (AI) startup Anthropic has today announced plans to create over 100 new roles across its Dublin and London offices to support its growing European customer base including Irish clients like Intercom.

Chinese electric vehicle giant BYD has launched its premium Denza brand in Europe, aiming to support its expansion in the region and compete with top-end German manufacturers such as BMW and Mercedes.

European stock markets moved higher this morning in opening trade after similar recoveries for Asian equities that followed huge losses triggered by US President Donald Trump's tariffs.

Keep up to date with all of the latest developments as the world economy continues to grapple with the US tariffs announced by US President Donald Trump last week.

Minister for Housing James Browne will bring a report to a meeting of the Cabinet this morning from the Land Development Agency on its latest assessment of the potential for housing development on public lands this year.

China has vowed to "fight to the end" against fresh tariffs of 50% threatened by US President Donald Trump, further aggravating a trade war that has already wiped trillions off global markets.

The threat of a trade war will influence how the housing market will perform this year, according to a new report by My Home in association with Bank of Ireland.

Tánaiste Simon Harris said he will be highlighting that "there are no winners when it comes to tariffs, there are no winners when it comes to a trade war," as he is due to travel to the US to hold meetings with officials in the Trump administration.

The Irish arm of US tech giant Google has secured the green light for a large public mural across seven storeys at its European headquarters in Dublin that incorporates interactive and virtual elements through Google's own modern technology and AI tools.

Retrofitting old offices could boost rental income by up to 66%, a new survey by the Society of Chartered Surveyors Ireland and AIB suggests .

The challenge of making savings work harder for Irish households will persist unless consumer habits shift or new policies emerge

New figures today show that take-home grocery sales in Ireland increased by 3.4% over the four weeks to March 23 compared to the same time last year.

The former Chief Executive Officer of collapsed investment firm, Custom House Capital, has lost his appeal against his sentence of six years and ten months for conspiracy to defraud.

Britain has softened demands on car makers to switch to production of electric vehicles, seeking to alleviate pressure on an industry left reeling from US President Donald Trump's tariffs.

Today's stock market collapses in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis.

Pre-tax profits at the five-time Oscar nominated animation studios Cartoon Saloon increased by 45% in 2023 to €1.33m.

The current challenging market conditions may last for some time but most people who have invested should try to sit through it, according to an investments expert.