RTE Business

Subscribe to RTE Business feed RTE Business
Latest Irish and international news supplied by RTE.ie
Updated: 1 hour 36 min ago

Government preparing for hard Brexit, says Coveney

Sun, 12/16/2018 - 22:29
Tánaiste and Minister for Foreign Affairs Simon Coveney has said that the Government is preparing for a hard Brexit.

Retailers having to innovate to stay competitive

Sun, 12/16/2018 - 19:48
Despite changing consumer habits and ever-increasing online competition, Irish retailers have seen somewhat of a resurgence at tills this year, with sales rising by nearly 3%.

Facebook bug exposes photos of up to 6.8 million users

Fri, 12/14/2018 - 20:19
Facebook has discovered a bug that may have affected up to 6.8 million people and given third-party apps wider access to user photos on the social network.

Colin Hunt named as AIB CEO designate

Fri, 12/14/2018 - 19:45
AIB has announced that it is proposing Dr Colin Hunt to be appointed the new Chief Executive Officer of the bank.

Jo'Burger restaurant group goes into liquidation

Fri, 12/14/2018 - 18:59
The restaurant group Jo'Burger has announced it is going into liquidation.

J&J shares drop 6% following report over asbestos

Fri, 12/14/2018 - 17:51
Shares of Johnson & Johnson (J&J) fell over 6% after Reuters reported that the pharmaceutical company knew that its baby powder was contaminated with cancer-causing asbestos.

Firms urged to prepare for more currency volatility

Fri, 12/14/2018 - 09:38
Businesses will have to prepare for what could be extreme currency volatility early next year as the issue of the Brexit Withdrawal Agreement returns to the British parliament.

Dollar gains as pound and euro come under pressure

Fri, 12/14/2018 - 08:30
The dollar has firmed against most major counterparts, as investor focus shifts to an expected US interest rate hike next week.

French luxury giant LVMH buys Belmond group for €2.8bn

Fri, 12/14/2018 - 08:12
French luxury giant LVMH said it had reached agreement to buy hotel group Belmond, whose properties include the Copocabana Palace in Rio de Janeiro and Cipriani in Venice, in a transaction worth $3.2bn

French govt seeking Ghosn replacement on Renault board

Fri, 12/14/2018 - 07:36
The French government is seeking candidates to replace Renault's embattled boss Carlos Ghosn, according to newsagency Reuters, quoting sources.

Kerry Group announces two acquisitions worth €325m

Fri, 12/14/2018 - 07:26
Food and ingredients business Kerry Group has announced two acquisitions in North America, worth a combined €325 million.

EU rejects call for legally binding backstop assurances

Fri, 12/14/2018 - 07:25
EU leaders have rejected British Prime Minister Theresa May's call for legally binding assurances on the Irish backstop and ruled out any changes to the Withdrawal Agreement during a summit in Brussels

State insurance fund could have to pay Qudos claims

Fri, 12/14/2018 - 06:07
The state's Insurance Compensation Fund could be forced to pay the outstanding claims of the Irish holders of policies from the collapsed Danish insurer, Qudos Insurance.

NY sues Walmart, Target for selling toys with lead

Thu, 12/13/2018 - 21:36
New York state authorities have announced a lawsuit against retail giants Walmart and Target for selling Chinese-made toys that had up to 10 times the legal limit of lead.

SiteServ inquiry requests more time to complete report

Thu, 12/13/2018 - 17:14
The judicial inquiry into the sale of SiteServ to a company controlled by businessman Denis O'Brien has asked the Government for more time to complete its hearings and write a report.

NAMA apologises to O'Flynn brothers over data leak

Thu, 12/13/2018 - 16:27
Developer Michael O'Flynn, his brother John, and the O'Flynn Group, have received an apology in the High Court from the National Asset Management Agency over the unlawful dissemination of their personal and business information.

Mobile connections rose again in third quarter: ComReg

Thu, 12/13/2018 - 15:55
The number of mobile connections rose again during the third quarter, according to the Communications Regulator, while data usage continued to skyrocket.

New cyber-security "cluster" announced

Thu, 12/13/2018 - 14:55
A new cluster of cyber-security businesses is to be created here.

NTMA plans to raise €14-18bn in 2019

Thu, 12/13/2018 - 13:45
The National Treasury Management Agency says it plans to borrow between €14 billion and €18 billion next year.

Economy grew by 4.9% in year to September - CSO

Thu, 12/13/2018 - 13:14
The economy grew by 7.4% during the first nine months of the year, according to the Central Statistics Office.