News | Latest Breaking News Stories & Headlines

Euro zone inflation surges, keeping pressure on ECB

Euro zone inflation surged more than expected in September and is likely to increase further in the coming months on soaring energy costs, keeping pressure on the European Central Bank to raise interest rates even higher.

Business • 6 mins

Black diesel pump inserted into a red vehicle

Can US-EU diesel row hurt Ireland?

As another round of tensions between Washington and Brussels flares up, countries that rely heavily on energy imports might be hit again.

Business • 1 min

Oil retreats as market weighs mixed supply signals

Oil prices eased today after a sharp climb a day earlier as the market refocused on signs of recovering Middle Eastern supplies, though the possibility of renewed US-Iran tensions provided a floor.

Business • 1 hr

A diesel fuel pump on a pier in Stonington, Maine, US

EU nations to hold emergency meeting on diesel prices

EU energy officials will meet today amid a growing standoff between Europe and the United States over diesel prices.

Europe • 2 mins

What is red-dyed diesel and can it help lower US prices?

The White House is considering regulatory relief that would expand sales of red-dyed diesel, a tax-exempt fuel typically used for farming.

Business • 01 Oct

Oil prices rise $3 as China suspends fuel exports

Brent benchmark oil prices rose by $3 today after China suspended oil products exports, potentially tightening fuel markets already coping with supply shortages globally, while investors continued to assess diplomatic efforts to end the US-Israeli war on Iran.

Business • 17 hrs

Oil prices rise on stalled US-Iran talks

Oil prices rose today and were on track for significant monthly gains on stalled US-Iran peace talks and tightening US fuel markets.

Business • 30 Sep

Saga forecasts annual profit jump on strong demand

Saga, a British over-50s holiday and insurance group, has forecast materially higher annual profit and said it could meet its medium-term targets ahead of schedule, helped by strong demand for its cruises, holidays and travel insurance.

Business • 30 Sep

A plane parked on an airport apron with a blue sky in the background

Lufthansa says jet fuel hit to top €1.5 billion forecast

Lufthansa's additional jet fuel bill this year will exceed the €1.5 billion it flagged in August as the Iran war drags on and oil prices spike, CEO Carsten Spohr has said.

Business • 30 Sep

Tullow Oil loses $196.5m Ghana tax dispute, shares tank

Tullow Oil lost a $196.5m tax dispute with Ghana today after a tribunal rejected the oil producer's claim that the assessment breached its petroleum agreements, sending its shares plummeting.

Business • 30 Sep

EU warns of 'very high' winter energy prices

The EU's energy commissioner has warned the bloc was headed for a tough winter with "very high" oil and gas prices owing to the US-Iran war, but did not forecast security of supply issues.

Business • 30 Sep

Oil falls as investors focus on Middle East supply

Oil prices declined today as investors focused on signs of recovering crude exports from the Middle East and lingering concerns over potential supply disruptions in the region stemming from the US-Israeli war on Iran.

Business • 29 Sep

3d render Black Oil Barrels and Financial Charts on Stack of $100 Bills, Oil and Finance Concept (Depth Of Field)

Oil prices rise 2% after Trump rejects Iran peace deal

Oil prices climbed about 2% today after US President Donald Trump rejected a peace deal from Iran to resolve their conflict and reopen the Strait of Hormuz.

Business • 28 Sep

Oil gains on little sign of progress in US-Iran talks

Oil prices jumped about 4% to a one-week high today Yemen's Iran-backed Houthis fired missiles at Saudi Arabia and diplomatic talks between the US and Iran showed little sign of progress.

Business • 24 Sep

Norway central bank raises interest rate, may hike again

Norway's central bank raised its policy interest rate by 25 basis points to 4.5% today as expected by a narrow majority of analysts in a Reuters poll, and said it may hike again to contain inflation.

Business • 24 Sep

The Swiss central bank has kept its policy rate at 0%, the lowest among major central banks, since June 2025

Swiss National Bank holds rates - as expected

The Swiss National Bank kept its benchmark interest rate on hold today, resisting pressure to counter rising inflation caused by war in the Middle East which has seen other central banks hike borrowing costs.

Business • 24 Sep

Swedish central bank holds rates unchanged at 1.75%

Sweden's central bank kept its key interest rate unchanged at 1.75% as expected but said stronger growth and the risk that inflation will pick up in the months ahead meant a hike would probably come sooner than previously expected.

Business • 24 Sep

H&M promises change as slow sales undermine profit boost

Swedish fashion retailer H&M is driving changes to improve efficiency and react more quickly to fashion trends, its CEO said today, after the company reported a slowdown in sales in Western Europe, its biggest market.

Business • 24 Sep

Oil holds near two-week lows as diesel hits record peak

Oil prices held near their lowest in more than two weeks today as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports.

Business • 23 Sep

Business man poses for a photo in front of a wall with daa branding

H1 profits at Dublin and Cork airports operator dip 6%

The operator of Dublin and Cork airports said a total of 19.6 million passengers travelled through the two airports during the first half of the year.

Business • 23 Sep

The UK's Co-op Group runs more than 2,500 food stores and provides funeral, insurance and legal services

Co-op Group posts bigger H1 loss as investments weigh

Britain's Co-op Group posted a bigger first-half loss today as spending on promotions and store improvements weighed on profitability.

Business • 23 Sep

Annual wholesale electricity prices soar 77% in August

New figures from the Central Statistics Office show that wholesale electricity prices jumped by 9.6% on a monthly basis in August, and were a huge 76.9% higher than the same time last year.

Business • 22 Sep

TUI narrows its operating profit outlook for 2026

Germany's TUI today narrowed its outlook for 2026 underlying operating earnings, saying war in the Middle East meant customers were making later bookings, although demand was strong into the fourth quarter.

Business • 22 Sep

tractors on o'connell street during protest

Further fuel protests not ruled out, says hauliers group

Further fuel protests cannot be discounted as hauliers are unable to sustain current diesel prices, the president of the Irish Road Haulage Association has said.

Ireland • 22 Sep

STRAIT OF HORMUZ, IRAN â" SEPTEMBER 11: Commercial vessels are seen anchored between Iranâs Qeshm and Larak islands amid disruptions to maritime traffic in the Strait of Hormuz, Iran on September 11, 2026. The number of commercial vessels passing through

Oil falls to two-week low as Gulf supply outlook improves

Oil prices fell to a two-week low today as prospects for Gulf supplies improved, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red Sea port of Yanbu.

Business • 22 Sep

Middle East turmoil

Euro zone inflation surges, keeping pressure on ECB

Can US-EU diesel row hurt Ireland?

Oil retreats as market weighs mixed supply signals

EU nations to hold emergency meeting on diesel prices

What is red-dyed diesel and can it help lower US prices?

Oil prices rise $3 as China suspends fuel exports

Oil prices rise on stalled US-Iran talks

Saga forecasts annual profit jump on strong demand

Lufthansa says jet fuel hit to top €1.5 billion forecast

Tullow Oil loses $196.5m Ghana tax dispute, shares tank

EU warns of 'very high' winter energy prices

Oil falls as investors focus on Middle East supply

Oil prices rise 2% after Trump rejects Iran peace deal

Oil gains on little sign of progress in US-Iran talks

Norway central bank raises interest rate, may hike again

Swiss National Bank holds rates - as expected

Swedish central bank holds rates unchanged at 1.75%

H&M promises change as slow sales undermine profit boost

Oil holds near two-week lows as diesel hits record peak

H1 profits at Dublin and Cork airports operator dip 6%

Co-op Group posts bigger H1 loss as investments weigh

Annual wholesale electricity prices soar 77% in August

TUI narrows its operating profit outlook for 2026

Further fuel protests not ruled out, says hauliers group

Oil falls to two-week low as Gulf supply outlook improves