RTE Business

British lender Barclays is proposing a revamp of pay packages earned by its CEO and finance director, with higher bonuses on offer for outperformance in exchange for lower fixed pay, according to a Sky News report today.

The Irish arm of electrical and tech retailer, Currys last year returned to profit to record pre-tax profits of €2.3m.

Paschal Donohoe has been named as the new Minister for Finance.

US President Donald Trump told business leaders at the World Economic Forum in Davos, Switzerland, that he wants to lower global oil prices, interest rates and taxes, and warned they will face tariffs if they make their products abroad.

Electronic Arts shares sank more than 15% today, tripped up by a surprise slowdown in spending on the soccer franchise that hasshaped its gaming empire.

Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by Reuters today.

Chinese electric vehicle (EV) makers BYD, Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed today.

Pope Francis has today urged political, economic and business leaders at the World Economic Forum (WEF) in Davos to keep close oversight of the development of artificial intelligence.

An Bord Pleanála has given the green light for the retention of a souvenir shop for Dublin's Grafton Street due to the "modest number of souvenir shops" within the street's "Area of Special Planning Control".

The Irish property investment market is set to record over €3bn of transactions in 2025, according to commercial property specialists CBRE.

British supermarket group Sainsbury's said today it was proposing to reduce its headcount by over 3,000 roles it seeks savings to counter a "particularly challenging cost environment".

British finance minister Rachel Reeves told Reuters today that she will announce changes if necessary in March to meet her fiscal rules, but added that it was important not to "jump the gun" with two months still to go.

Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected today, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end.

Bank of Ireland has warned that consumers need to watch out for romance fraud, which is consistently impacting unsuspecting victims each month.

EU Commissioner for Agriculture and Food Christophe Hansen has said it is not fair that the EU imports agricultural products treated with products that are not allowed to be used by farmers within the EU.

Customers are advised not to panic buy ahead of the arrival of Storm Eowyn.

Ryanair has called on the incoming Transport Minister to abolish the Dublin Airport passenger cap as the new government's first initiative.

A total of 30,330 homes were built in 2024, a decrease of 6.7% on 2023, according to figures from the Central Statistics Office.

Over two thirds of retail workers in Ireland have experienced abusive or inappropriate language or behaviour from the public, according to new research.

The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said that inflationary pressure in the US posed a risk to financial markets this year.