RTE Business

A new survey from the Society of Chartered Surveyors Ireland has forecast a 1.4% rise in average prime office rents this year, with capital values rising by 1%.

Mercedes-Benz has today launched a fresh cost-cutting plan to revive sales and margins and battle stiff competition as the German carmaker forecast a big drop in earnings in 2025.

French car maker Renault has today reported a record operating profit for 2024, beating expectations, as lower costs and a string of new launches boosted margins.

President Donald Trump's initial policy proposals have raised concern at the Federal Reserve about higher inflation, with firms telling the Fed they generally expected to raise prices to pass along the cost of import tariffs.

Microsoft has unveiled a new chip that it said showed quantum computing is "years, not decades" away, joining Google and IBM in predicting that a fundamental change in computing technology is much closer than recently believed.

Bord Gáis Energy has reported an operating profit of €75m for last year, according to results published by its parent company Centrica today.

Irish Residential Properties REIT, Ireland's largest private residential landlord, has reported higher like for like revenues and earnings for 2024 and said its portfolio by the end of the year had a total value of €1.232 billion.

Ireland will be represented at a meeting of G20 foreign ministers in South Africa that will discuss the war in Ukraine as well as other political and trade issues.

Lloyds Banking Group has today reported a 20.4% drop in annual profit, missing market expectations, as interest rate cuts hit lending margins and Britain's sluggish economic recovery hurt the bank's income.

The Irish Home Builders' Association has said it does not believe house completions will increase this year.

Employers will take a measured approach to salary increases in 2025, with pay rises expected to remain "modest" at 2-3%.

Irish employers will take a measured approach to salary increases in 2025, with pay rises expected to remain 'modest' at 2-3%.

HR and payroll processing company Workday is to cut 142 jobs at its Irish operation.

The founder and CEO of online banking platform Revolut has reaffirmed his company's commitment to hybrid working.

Bumble's shares fell 28% today after the dating app operator forecast first-quarter revenue below market estimates, as it continues to grapple with a slowdown in the growth of paying users.

Milan prosecutors plan to drop a case brought against the European division of Google after the company agreed to pay 326 million euros to settle a tax claim, they said today.

The European Commission has outlined its long-term vision for the European Union's agriculture and food sectors.

A solicitor's secretary has won around €7,000 for unpaid wages and statutory redundancy after her employer went insolvent and a plan to have her transfer to another firm fell through.

Unions have welcomed the inclusion of a bill that would end forced retirements in the Government legislative programme, which was published yesterday.

Music sales by Irish acts such as The Script, Gavin James, Christy Moore and Picture This last year contributed to revenues at the Irish arm of music giants, Sony increasing by 5% to €20.2 million.