RTE Business

Swedish games developer Embracer reported a 50% drop in first quarter operating profit today after the owner of the Tomb Raider franchise released fewer games.

UBS Fund Management in Switzerland has decided to put the Credit Suisse Real Estate Fund International into an orderly liquidation as of today, the bank said in a statement.

A powerful US committee that scrutinises foreign investment for national security risks fined T-Mobile $60 million, its largest penalty ever, for failing to prevent and report unauthorised access to sensitive data, senior US officials said.

The Irish Refugee Council is urging more companies to offer internships to asylum seekers and refugees who complete the online training course called 'Know Your Rights'.

Oil prices rose today, supported by optimism that potential US interest rate cuts will boost economic activity and fuel consumption though concerns over slower global demand curbed gains.

Drinks group C&C has said it remains confident of achieving its earnings expectations for the full year.

Britain's economy grew 0.6% in the second quarter of 2024, in line with economists' expectations and building on a rapid 0.7% recovery in the first quarter of the year after a shallow recession in the second half of 2023, official figures showed.

The country's first shared e-scooter scheme will be launched in Wexford town later today.

Population growth exceeds new homes by almost four to one, according to analysis by property advisor Savills Ireland.

€250m has been allocated to a new round of the Government's Seed and Venture Capital Scheme.

Paddy Power owner, Flutter Entertainment, is in talks to buy UK gambling technology firm Playtech's Italian unit Snaitech, the companies said today.

The High Court has allowed Denis O'Brien to add more than 370 names to defamation proceedings the businessman has brought over a series of allegedly fake, malicious and misleading advertisements featuring him that were posted on platforms operated by Meta.

Two major shareholders in a construction group have won a €4.8m Capital Gains Tax (CGT) and income tax battle with the Revenue Commissioners concerning a €30m rezoned land deal.

Pre-tax profits at the main Irish arm of biopharma giant, Sanofi last year increased by 82% to €308.29m.

Oil prices were broadly steady today, as concerns that conflict may spread in the Middle East and threaten production in one of the world's major regions for crude production eased slightly.

A landlord who refused to sign an application form for a Housing Assistance Payment (HAP), despite repeated requests over several years, has been ordered to pay €7,500 compensation to a tenant.

US consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not change expectations that the Federal Reserve will cut interest rates next month.

Swiss bank UBS has posted a quarterly profit twice as high as the market forecast, buoyed by investment banking and larger-than-expected savings from the integration of its one-time rival Credit Suisse.

Irish mortgage rates eased further in June, while deposit rates hit their highest level in over 15 years.

There are around 20 million cancer survivors across Europe, and new research suggests that many are facing "financial toxicity" from financial institutions which are denying them loans, mortgages, health and travel insurance.