RTE Business

At least half of housing commencements in 2024 were due to uncertainty over the extension of the development levy waiver or water connection charge refund, according to the latest Housing Market Monitor for the fourth quarter of 2024, published today by Banking & Payments Federation Ireland.

Japanese inflation eased in February, government data showed today, with prices excluding fresh food rising by 3% year-on-year in the world's fourth-largest economy.

Efforts are under way to re-route passengers who were due to travel to London Heathrow from Irish airports today, after the London airport was forced to close for the day due to a power outage from a nearby fire.

Inditex-owned fast-fashion retailer Zara has opened what it dubbed a new-style Asia flagship store in the eastern Chinese city of Nanjing as part of its global push to cut underperforming shops and double down on larger retail formats.

Britain's statistics office, which is under fire for its unreliable labour market data, said it had paused publication of its factory gate inflation figures and similar data for the services sector after finding a methodology problem.

Britain's competition regulator fined four sports broadcast and production companies about £4m today for sharing sensitive information about fees for freelance camera operators and sound technicians.

Britain borrowed more than expected last month, according to official figures published today that showed the scale of the challenge facing finance minister Rachel Reeves who is expected to announce cuts to her spending plans next week.

A new survey has found nearly half of Irish people feel financially unprepared for the future, while 42% of young adults do not have a pension.

Nike has forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works to rekindle interest among consumers who have defected to trendier rivals.

There has been an increase in the proportion of adults with Down syndrome who are in paid employment.

Follow live events as Britain's Heathrow Airport said it would be closed for the day after a huge fire at a nearby electrical substation wiped out power, disrupting flight schedules around the world.

US tariffs could hit employment in Ireland, result in multinationals relocating and damage the public finances, according to a new study.

Britain's National Grid said the network of the North Hyde substation in west London, has been reconfigured to restore power to the parts of Heathrow Airport connected to it on an interim basis.

Britain's Heathrow Airport said it would be closed for the day after a huge fire at a nearby electrical substation wiped out power, disrupting flight schedules around the world.

It is "highly likely" that US President Donald Trump will proceed with further tariffs on the EU on 2 April the Tánaiste has said.

Tánaiste and Minister for Foreign Affairs and Trade Simon Harris is to chair the Government Trade Forum, established to discuss EU-US trade issues.

The value of the Irish Central Bank's reserves in gold has increased by almost 50% in the last two years to €971m amidst record highs for the precious metal in recent days.

Facebook parent company Meta is planning what it described as a 'small number' of redundancies at its data centre in Clonee, Co Meath.

Corre Energy is set to move ahead with its plans to delist from the Irish stock market.

OPEC+ has issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping above agreed levels, which will more than overtake the monthly production hikes the group plans to introduce next month.