RTE Business

Subscribe to RTE Business feed RTE Business
Latest Irish and international news supplied by RTE.ie
Updated: 1 hour 19 min ago

Donohoe does not want to add fuel to economic fire

Tue, 06/19/2018 - 15:41
The Government is planning a budgetary package of €3.4 billion for 2019, of which €2.6 billion has already been allocated.

Sterling falls to 7-month lows on trade, Brexit concern

Tue, 06/19/2018 - 14:43
Sterling fell to a fresh 2018 low today, as concerns about an escalation in the trade dispute between the world's two biggest economies weighed on risk sentiment.

Pace of US home construction hits 11-year high

Tue, 06/19/2018 - 14:16
A surge of construction in the Midwestern US last month brought US homebuilding to its fastest pace since before the financial crisis, according to government data released today.

OPEC sees strong oil market, may need more output

Tue, 06/19/2018 - 13:18
Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could absorb extra production from the group.

Sunday Business Post editor Ian Kehoe to step down

Tue, 06/19/2018 - 12:58
Sunday Business Post editor Ian Kehoe has decided to leave the newspaper after four years in the job.

Health Innovation Hub Ireland to aid medical firms

Tue, 06/19/2018 - 12:48
Health focused startups and SMEs are being encouraged to pitch ideas to the Government-backed Health Innovation Hub Ireland.

Tradespeople urged to mark equipment amid theft rise

Tue, 06/19/2018 - 12:38
Almost €8 million worth of equipment and tools were stolen from construction sites in Ireland in a ten month period last year.

Ifo sees new euro crisis, trade war cutting growth

Tue, 06/19/2018 - 12:30
Germany's Ifo institute has today cut its forecasts for growth in Europe's biggest economy this year and next, citing a weak start to the year and increased global risks.

Dollar hits 11-month high as US threatens more tariffs

Tue, 06/19/2018 - 12:15
The dollar rose to an 11-month high today and the euro slumped after US President Donald Trump threatened more tariffs on China in an escalating trade dispute investors fear could hurt global growth.

Audi supervisory board suspends CEO - source

Tue, 06/19/2018 - 12:05
The supervisory board of Audi has suspended chief executive Rupert Stadler and appointed Dutchman Bram Schot as an interim replacement, a source familiar with the matter said today.

Taoiseach holds meeting with Apple CEO Tim Cook

Tue, 06/19/2018 - 11:39
Taoiseach Leo Varadkar has had what has been described as a "regular" meeting with Tim Cook, the CEO of Apple.

Poundworld cuts 100 jobs amid struggle to find a buyer

Tue, 06/19/2018 - 11:23
Poundworld has cut around 100 jobs from its head office as administrators struggle to find a buyer for the business.

Norwegian Air reaching size where it can be profitable

Tue, 06/19/2018 - 11:14
Norwegian Air Shuttle is reaching a size at which it can be profitable, its chief executive said today, shrugging off the idea that the airline needed a partner to stay alive.

Digicel's quarterly earnings down 10% - Bloomberg

Tue, 06/19/2018 - 11:04
Digicel Group, the mobile phone company controlled by Denis O'Brien, has told bondholders that its quarterly earnings dropped 10%.

Surging home prices to cool off, says bank chief

Tue, 06/19/2018 - 10:48
The country's home market is set to cool down, the Central Bank Governor said today, as a renewed surge in prices stokes concerns about another bust.

Today in the press

Tue, 06/19/2018 - 10:08
Almost half of revenues generated by the Companies Registration Office (CRO) last year came from penalties imposed on companies filing late annual accounts.

Fyffes secures award for Freetrade work

Tue, 06/19/2018 - 09:51
Irish banana producer Fyffes has been recognised for its role as the largest Fairtrade banana buyer in Latin America and the Caribbean.

ECB to take patient and gradual approach to rate hikes

Tue, 06/19/2018 - 09:34
The European Central Bank will take a "patient" and "gradual" approach to raising interest rates as inflation in the euro zone recovers, its president said today.

Call for more actions to support wind energy

Tue, 06/19/2018 - 09:31
The lack of clear policy and regulatory signals in support of offshore wind energy risks sending a message to the industry that Ireland is not open for business to offshore wind.

Origin Enterprises buys stakes in 2 companies in Brazil

Tue, 06/19/2018 - 09:12
Agri-Services Group Origin Enterprises has announced its entry into the South American market after it agreed a deal to buy a 65% interest in Fortgreen Commercial Agricola Ltda in Brazil.