RTE Business

Global education group Pearson said it would restructure the company to be able to serve consumers directly, after it posted 2020 operating profit in line with forecasts.

Consumer spending fell again in February as the impact of the full coronavirus lockdown continued to bite, new figures from digital banking app Revolut show.

Brent crude futures surged above $70 a barrel this morning for the first time since the Covid-19 pandemic began, while US crude touched its highest in more than two years, following reports of attacks on Saudi Arabian facilities.

British food delivery firm Deliveroo has today announced plans for its London listing, disclosing it posted an underlying loss in 2020 of £317m.

February saw another steep contraction in construction activity here due to the coronavirus lockdown restrictions.

The number of women holding senior leadership roles in Irish businesses improved in the past year, growing from 31% in 2020 to 33% in 2021, according to research included in the Women in Business 2021 Report published by Grant Thornton.

The operator of the national grid, Eirgrid, and the Minister for the Environment, Climate and Communications, Eamon Ryan, are launching a 14-week consultation process on the future of Ireland's electricity system.

Fianna Fáil TD and Chairman of the Oireachtas finance committee John McGuinness has said the Central Bank has all the answers on Davy stockbrokers but it is restricted by legislation as to what it can say to the committee.

Things got very personal at stockbroker Davy yesterday, with chief executive Brian McKiernan, deputy chairman Kyran McLaughlin, and Head of Bonds Barry Nangle all stepping down from their involvement with the company.

It's been a challenging decade for banks as they slowly returned to profitability in the years after the financial crash. Not only have they had to contend with an ultra-low interest rate environment, they've had to adjust their operations to compete with more nimble players.

Twitter boss Jack Dorsey is selling his first ever tweet at auction, with bidding today reaching $2 million in a sign of the appetite for virtual objects authenticated through blockchain technology.

Stockbroker Davy has announced that its chief executive, Brian McKiernan, has resigned from his position as CEO.

Fiona Alston chats to two artists creating their work using homegrown supplies.

The Northern Ireland Protocol is threatening to become a chronic condition, and flare ups are now occurring with worrying regularity, as Europe Editor Tony Connelly explains.

The Government is to press the insurance industry to reduce prices on motor, home and business cover following significant revision of guidelines for personal injury awards.

There is good news for well-known Irish brands such as Baileys and Kerrygold with the suspension of US tariffs.

A well-known Co Meath hotel has launched High Court proceedings over a failure by insurer Zurich to pay out on a claim for business disruption caused by the Covid-19 pandemic.

Energia is the latest company to announce an increase in energy prices for customers.

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Norwegian Air is seeking to repudiate three aircraft sales contracts with Boeing as part of its restructuring process in Ireland, a lawyer representing the airline told the High Court in Dublin today.