RTE Business

Elon Musk has said X was hit by a major cyberattack as outages plagued users of the platform once known as Twitter.

Oil prices were down 1% today as uncertainty about US tariffs and rising output from OPEC+ producers pressured the market, although potential sanctions on Iranian crude exports limited losses.

German meal-kit company HelloFresh said today it expected its revenue to decrease in the current year, as it announced an extension to its cost-cutting programme alongside its annual figures for 2024.

A gambling addict hooked on sports betting on his smartphone was able to steal an estimated €84,000 of laptops from his Shannon based employer due to 'very lax' stock supervision procedures in place, a court has heard.

Social media platform X went down for nearly 11,000 users today across the US, which owner Elon Musk said was the result of a cyberattack.

A publican who sacked a barman after falling out with the worker's father and barring him has been ordered to pay over €9,000 for unfair dismissal and multiple further employment rights breaches.

Spanish fashion retailer Mango has today reported an 8% increase in sales in 2024 to €3.33 billion, as it benefitted from an international expansion with a focus on the US, similar to that pursued by its rival brand Zara.

US President Donald Trump declined over the weekend to rule out the possibility that the US might enter a recession this year.

The Chairperson of the Irish Canada Business Association has said the election of Mark Carney as the new Prime Minister of Canada was very positive for Ireland.

EU Commissioner for Democracy, Justice, the Rule of Law and Consumer Protection Michael McGrath said social media platforms must respect EU rules to ensure any risk of disinformation is minimised to limit its impact on democracy and elections.

An OPW report on a controversial €490,000 boundary wall project said the ESB had tried to charge them an extra €57,000 to divert an electrical cable that was already supposed to be fixed.

Ireland's first dedicated esports complex has opened in Cork, creating ten new jobs.

Three retailers have pleaded guilty to sales pricing breaches at Dublin District Court.

Long-duration energy storage technologies could help Ireland reach its goal of eliminating the use of fossil fuels by 2050

Investor morale in the euro zone brightened substantially in March, with economic expectations hitting their highest reading since July 2021, a survey showed today, as Germany's plans for new debt contributed to the positive sentiment.

The lasting effects of the Covid-19 pandemic on consumer behaviour can still been seen as shopping habits have not fully returned to pre-pandemic norms, and shopping trips remain lower than before, new figures from Kantar shows today.

Galway MedTech company SymPhysis Medical has today announced a significantly strengthened senior team and plans for rapid growth as it prepares for its device's US launch.

German industrial production rose slightly in January even as exports fell, official data showed today, a sign that Europe's top economy could be ready to turn the corner after a prolonged slump.

Irish accountancy company Xeinadim said today that Irish tax advisory firm Warren & Partners is joining the firm.

More than half a million people are facing travel disruption at German airports today where a 24-hour strike has led to thousands of flight cancellations in a dispute about workers' pay.