RTE Business

Canada's economy grew faster than expected in the first quarter, data showed today, mainly driven by exports as companies in the US rushed to stockpile goods before President Donald Trump's tariffs were implemented.

US consumer spending increased marginally in April as a rush to beat higher prices from import duties slowed.

Minister for Housing James Browne has admitted a pre-general election Government promise to build 41,000 new homes this year is now "very, very difficult" and will be "an extreme climb to reach".

German inflation eased further in May, bringing it closer to the European Central Bank's 2% target and strengthening the case for a rate cut next week, but economic turmoil overshadows hopes for a lasting recovery.

Russian flag carrier Aeroflot has today reported an adjusted net loss of 3.4 billion roubles ($43.31m) in the first quarter of 2025, down from net profit of more than 6 billion roubles in the same time a year ago.

UK house sales dropped sharply last month as the stamp duty deadline put the brakes on buyer activity following a March rush, new figures show.

Consumer prices eased to 1.4% year-on-year in May from 2% a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the Central Statistics Office estimates today.

The NEIC (North East Inner City) Start Up Entrepreneurship programme's graduation ceremony for its 2025 programme at a "Dragon's Den" style event was held at the headquarters of aircraft lessor Avolon today.

Shannon LNG Ltd has "reactivated" its €650 million plans for a Shannon Technology and Energy Park to An Bord Pleanála, in what is the latest twist in a two-decade attempt to build a liquefied natural gas facility in Co Kerry.

The EU is "fully invested" in reaching a deal with the United States to avoid sweeping tariffs, the bloc's trade chief said, after US judges ruled the controversial measures were unconstitutional.

Enterprise Ireland has appointed Jenny Melia as its new chief executive officer (designate).

Spanish inflation dipped below the European Central Bank's 2% target in May, preliminary data showed today, boosting the case for more interest rate cuts in the euro zone.

Private equity firm Waterland Ireland plans to invest up to €150m in Irish firms over the next 12 to 18 months.

The European Commission and Coimisiún na Meán have said they are aware of the issues linked to the trend known as 'SkinnyTok', and that protecting minors online was top priority.

Petrol and diesel prices dipped in May following a prolonged period of stability, according to the latest AA Ireland Fuel Price Survey.

President Donald Trump's trade war has cost companies more than $34 billion in lost sales and higher costs, according to a Reuters analysis of corporate disclosures.

Without billionaire Elon Musk in the Trump administration, his cost-cutting Department of Government Efficiency project is likely to "fizzle" out, a former DOGE employee has said.

An unpredictable trade war and daunting environmental targets are on the agenda for global airline bosses at an annual summit in India, as the industry addresses concerns that geopolitical uncertainty will dent strong travel demand and raise costs.

The independent board of Ben & Jerry's said the conflict in Gaza is a genocide, escalating a bitter feud between the ice cream maker and its longtime London-based corporate parent Unilever.

There were 2,922 first-time buyer (FTB) approvals valued at almost €1 billion (€965m) in April, according to the latest figures from the Banking and Payments Federation of Ireland's Mortgage Approvals Report