RTE Business

Britain's jobs market showed further signs of a slowdown as employment fell and growth in wages cooled, according to official data published today that is likely to reassure the Bank of England that inflation pressures are waning.

Nearly eight in ten international banks in Ireland say global political tensions could hit their business in the next five years.

Applegreen is set to open Ireland's first Taco Bell restaurant this summer, with more to open over the next five years.

Tánaiste Simon Harris is expected to express concern to the Cabinet that last week's outline trade deal between the United States and the UK could formalise tariffs.

SIPTU members in the AbbVie pharmaceutical plant in Carrigtwohill, Co Cork, have served notice of industrial action commencing on Monday 19 May in a dispute over pay.

American Bitcoin, a new bitcoin miner backed by US President Donald Trump's two eldest sons, said today it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining.

The United States and China have announced a deal to cut tariffs on each other for a period of 90 days as they seek to de-escalate their ongoing trade war.

Swedish electric-vehicle maker Polestar has reported a 31% reduction in its quarterly loss, in a sign that the company's efforts to cut costs across its business and push sales of its higher-priced models were bearing fruit.

Anheuser-Busch InBev said today it would invest $300m in its manufacturing operations in the US this year amid a push for local production under President Donald Trump.

China and the US announced a truce in their trade war today after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday.

Nissan Motor will cut more than 10,000 jobs globally, bringing the number of layoffs, including those previously announced, to about 20,000 or 15% of its workforce, Japan's public broadcaster NHK reported today.

New figures from the Central Statistics Office show that the number of new electric vehicles licensed in April increased by 23% on the same time last year - rising to 1,783 from 1,444.

US President Donald Trump said over the weekend that he would sign an executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less.

Oil prices rose more than $2 today after the US and China said they would ease some of their tariff measures, lifting market sentiment that the world's two largest crude users may be moving toward resolving their trade dispute.

China said over the weekend that consumer prices slumped in April for the third month in a row, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington.

Regulatory uncertainty is stiffling much-needed investment in residential housing, according to private market specialists Elkstone.

The former owners of DID Electrical, the Houlihan family, paid themselves a €11m dividend in specie before the sale of the business to tech retail group Select in 2023.

SuperValu and Centra customers are being offered a new way to donate to charity through the country's Deposit Return Scheme.

Heathrow Airport said last month was its busiest April on record, as it served nearly 7.1 million passengers, an increase of 5.9% compared with the same month last year.

Italy's second-biggest bank UniCredit has strengthened its 2025 outlook after posting a surprise increase in first-quarter profit, and said it would pursue deals only if they further improved its "unmatched standalone case".