News | Latest Breaking News Stories & Headlines

Transatlantic traffic - and passengers flying to and from the Middle East - rose by 13% in 2013

Dublin Airport sees 6% rise in passenger numbers

More than 20 million people flew through Dublin Airport last year, a 6% increase on the number of people using the airport in 2012.

Business • 13 Jan 14

US growth in the third quarter was the fastest since the first three months of 2012

US economy sees faster-than-expected growth

The US economy grew faster than initially estimated in the third quarter as businesses aggressively accumulated stock, but underlying domestic demand remained sluggish.

Business • 05 Dec 13

A recent rise in mortgage rates may be tempering the US housing market

Expansion of US service industry slows

Service industries in the United States expanded in September at a slower pace than forecast, indicating a pause in the momentum of the biggest part of the economy before the federal government shut down.

Business • 03 Oct 13

Consumer spending, which accounts for about 70% of the US economy, climbed 1.8% in the second quarter

US second quarter growth unrevised at 2.5%

The US economy expanded at faster pace in the second quarter from the first quarter, a sign the US was weathering federal budget cutbacks and higher taxes.

Business • 26 Sep 13

Continued growth in Britain allays fears of an unprecedented triple-dip recession

British economy enjoys second quarter of growth

Britain’s economy has notched up successive quarters of growth as gross domestic product rose 0.6% in the second quarter of the year, official figures have shown.

Business • 25 Jul 13

China's industrial output grew at a slower pace than expected but retail sales performed better

Chinese GDP growth slows on weak overseas demand

China's GDP growth slowed in the second quarter to 7.5% year-on-year as weak overseas demand weighed on output and investment.

Business • 15 Jul 13

Ryanair is targeting 7% growth in the years ahead

Ryanair aims for 110m passengers in 2019

Ryanair has raised its growth projections, with the budget airline aiming to carry 110 million passengers in the year to March 2019.

Business • 20 Jun 13

US government spending has been falling as the country tries to balance its budget

US economy grew less than expected in Q1 2013

A drop in government spending dragged more on the US economy than initially thought in the first quarter of 2013.

Business • 30 May 13

IMF wants "clear strategy" on returning RBS and Lloyds Banking Group to private ownership

IMF urges Britain to do more to boost growth

The International Monetary Fund today called on Britain's government to do more to speed up slow economic recovery.

Business • 22 May 13

''Patience with austerity is wearing understandably thin,'' says European Council President Herman Van Rompuy

Van Rompuy urges pro-growth measures

EU governments and institutions must take "immediate action" to promote growth and jobs creation as countries are tired of austerity, European Council President Herman Van Rompuy said.

Business • 02 May 13

EIB President Werner Hoyer says reform processes are "urgently needed''

EIB boss dismisses 'austerity kills growth' notion

The President of the European Investment Bank has said that recent arguments put forward that austerity measures kill growth are "complete nonsense".

Business • 30 Apr 13

The Central Bank said slow progress on bad loans was prolonging uncertainty in the financial sector

Central Bank reduces growth forecast for 2013

The Central Bank has reduced its growth forecast for this year due to weaker demand for exports.

Business • 05 Apr 13

US economy grew by 0.4% in three months from October to December

US Q4 economic growth figures revised upwards

The US economy grew at a slightly faster but still anaemic rate at the end of last year.

Business • 29 Mar 13

Domestic demand fell by 1.5% but this was compensated for by strong industrial growth

Irish economy grew by 0.9% in 2012 - CSO

Preliminary data from the CSO shows the economy grew by 0.9% in 2012, the second year in a row the economy recorded growth.

Business • 21 Mar 13

US consumer spending was relatively robust during the period

US economy sees miniscule growth in Q4

The US economy barely grew in the fourth quarter although a slightly better performance in exports and fewer imports led the government to scratch an earlier estimate that showed an economic contraction.

Business • 28 Feb 13

UK economy down 0.3% in the last quarter of 2012, but up 0.2% for the year as a whole

UK recorded growth of 0.2% for whole of 2012

Britain's dire economic performance at the end of last year was confirmed today as official figures revealed household spending grew at the slowest rate in a year.

Business • 27 Feb 13

The ESRI said the Government will struggle to meet its Budget targets in 2013

ESRI forecasts economic growth of 1.3% in 2013

The Economic and Social Research Institute has said economic growth this year will be 1.3%.

News • 31 Jan 13

IBEC believes domestic demand will rise but there will be no increase in consumer spending

IBEC forecasting growth of 1.8% this year

Employers' group IBEC is forecasting economic growth of 1.8% this year, slightly above Government forecasts.

News • 21 Jan 13

Davy revises growth downwards

Davy Stockbrokers have revised their forecasts for the Irish economy.

Business • 25 Oct 12

Germany cuts growth forecast for 2013

The German government has cut its official 2013 economic growth forecast from its previous prediction of 1.6% to 1%.

Business • 17 Oct 12

Central Bank says further pay revisions needed

The Central Bank has said that public and private sector wages need to fall further so Ireland can regain competitiveness.

Business • 05 Oct 12

Germany growth lower than thought, thinktank says

A leading German economic thinktank is lowering its growth forecasts for the country this year and next in light of the debt problems afflicting a number of euro countries.

Business • 02 Oct 12

German institutes cut growth forecasts

Germany's economy will grow less than previously forecast this year and next as a slowing global economy and the euro zone's debt crisis take their toll, two research institutes said.

Business • 13 Sep 12

China's exports shrink in sign downturn worsening

China's imports shrank unexpectedly in August in a sign its economic slump is worsening.

Business • 10 Sep 12

China's economic growth slows amid global turmoil

China's economy expanded at its slowest pace in over three years as dire problems overseas started to hit home hard, fuelling expectations of more stimulus moves.

Business • 13 Jul 12

Growth