Category: Syndicated

China’s consumer inflation rate slowed in October, official data showed over the weekend, in a sign that demand remains sluggish in the world’s second biggest economy. The slowdown comes as authorities have been seeking to boost domestic activity as a property crisis weighs on confidence. The consumer price index (CPI), a key measure of inflation, […]

EU leaders are meeting for a second day in Budapest to discuss the European economy and its competitiveness, as the continent continues to take stock of Donald Trump’s victory in the US presidential elections. Leaders at the European Political Community summit will hear from Mario Draghi, the former ECB president, whose recent report on competitiveness […]

The rate of inflation rose by 0.7% in the 12 months to October 2024, according to the latest Central Statistics Office figures. There was a significant fall in energy prices over the past year. Electricity prices were down 16%, gas fell 18%, petrol dropped 8% and diesel was down 12%. However, prices in restaurants and […]

Vulnerable adults are being urged to keep control of their own money as much as possible, including those with decision-making and capacity challenges. Almost a third of adults in Ireland (30%) have experienced financial abuse according to figures released by Safeguarding Ireland. In a RED C survey, the majority of those who experienced this type […]

The Electricity Association of Ireland has published a report outlining a policy and investment pathway for the decarbonisation of the sector, which it says will play a critical role if Ireland is to achieve its climate goals. It projects investment of close to €2bn annually in electricity grid reinforcement, renewal and resilience is needed to […]

The unemployment rate rose slightly to 4.2% in October from a near-record low of 4.1% a month earlier, new figures from the Central Statistics Office showed today. The unemployment rate for September was revised down from a provisional reading of 4.3%, the CSO said. Today’s CSO figures show that the jobless rate for men in […]

The dollar soared today and was set for its biggest one-day rise since March 2020 after Republican Donald Trump won the US presidential election, while the euro, Chinese yuan and Mexican peso were among the biggest losers on potential new tariffs in the regions. Trump beat Democrat Vice President Kamala Harris to retake the White […]

The National Cyber Security Centre (NCSC) received 5,276 reports last year, 721 of which were confirmed as cybersecurity incidents. This led to the opening of 309 investigations. The figures are contained in the National Cyber Security Annual Update 2023 which was published today. According to the report, the vast majority of incidents were categorised as […]

Euro zone business activity held steady last month, a small improvement from September’s modest decline, supported by an expansion in the bloc’s dominant services industry that offset an ongoing – but stabilising – decline in manufacturing. HCOB’s composite Purchasing Managers’ Index for the currency union, compiled by S&P Global and seen as a good gauge […]

Over half of Irish businesses are now using electricity from renewable energy sources, new research has found. The survey also established that 90% of industry leaders would be willing to pay a higher price for certified renewable energy. A majority of the 100 participants said they had signed deals to buy renewable energy in order […]