RTE Business

Subscribe to RTE Business feed
Updated: 1 hour 8 min ago

Profits at data centre operator hit by increased costs

Tue, 11/12/2024 - 15:21
Pre-tax profits at the Irish arm of data centre builder and operator, Equinix more than halved last year to €7.86 million.

Netflix's ad-supported tier hits 70 million users

Tue, 11/12/2024 - 14:26
Netflix said today that its ad-supported tier now has 70 million monthly active users globally, nearly doubling the number reported earlier this year.

Autistic cinema manager wins €12,000 in roster row

Tue, 11/12/2024 - 14:17
An autistic cinema manager who quit when his employer was unable to guarantee him two days off in a row following a months-long dispute over rostering arrangements has secured €12,000 in compensation for disability discrimination.

'Unskippable' ads to feature on Facebook and Instagram

Tue, 11/12/2024 - 14:11
Some ads on Facebook and Instagram will be "unskippable for a few seconds" under new changes announced today by the platforms' parent company Meta.

Closure order for kitchen at Tinakilly Country House

Tue, 11/12/2024 - 14:09
16 Enforcement Orders were served on food businesses during the month of October for breaches of food safety legislation.

Body warns Ireland facing greater competition for FDI

Tue, 11/12/2024 - 13:20
Ireland is facing greater competition than ever before as a location for global Foreign Direct Investment (FDI), according to Chartered Accountants Ireland.

Lufthansa nears deal to buy Italy's ITA Airways

Tue, 11/12/2024 - 12:13
Germany's Lufthansa Group said it had submitted a package of remedies to the European Commission needed to secure EU antitrust approval to take a minority stake in Italy's ITA Airways, bringing it a step closer to closing the deal.

German investor morale falls, rattled by Trump

Tue, 11/12/2024 - 12:04
German investor morale clouded over this month, an economic research institute said today, as Donald Trump's US election win and the collapse of the government in Berlin unleashed added uncertainty on Germany's already ailing economy.

Record-breaking bitcoin surges towards $90,000 on Trump

Tue, 11/12/2024 - 11:55
Bitcoin rallied to the verge of $90,000 today, riding a wave of euphoria since the election of Donald Trump as US president on expectations his administration will be crypto friendly.

Apple told by EU to end geo-blocking on services

Tue, 11/12/2024 - 11:49
Apple was told by the EU today to stop geo-blocking, the practice of restricting content according to a user's geographical location, on services such as its App Store, Apple Arcade, Music, iTunes Store, Books and Podcasts.

IHF calls for urgent action to safeguard tourism sector

Tue, 11/12/2024 - 11:35
The Irish Hotels Federation has called on all political parties and candidates in the General Election to commit to policy measures aimed at staving off the commercial crisis facing the wider tourism and hospitality industry - particularly food service businesses.

Bunq expands stock trading to Ireland

Tue, 11/12/2024 - 11:06
Dutch challenger bank bunq said today it is expanding its investment product, Stocks, to Ireland.

More ECB rate cuts coming, pace of easing uncertain, Rehn

Tue, 11/12/2024 - 10:01
More European Central Bank interest rate cuts are coming and the deposit rate could hit the so-called neutral level in the first half of next year, Finnish central bank chief Olli Rehn said today.

Four of five people have not set money aside for funeral

Tue, 11/12/2024 - 09:31
Four out of every five people in Ireland do not have money set aside for their funeral, nor have they arrangements made for it, new research has found.

Vodafone says it is on track despite Germany weakness

Tue, 11/12/2024 - 08:34
Mobile operator Vodafone has today reported a sharp downturn in Germany, it biggest market, in the second quarter after it was hit by a change in the law on TV sales, sending its shares 4% lower.

Shell wins appeal against landmark Dutch climate ruling

Tue, 11/12/2024 - 08:11
Oil and gas company Shell has won its appeal against a landmark climate ruling in the Netherlands, which in 2021 ordered the company to sharply reduce greenhouse gas emissions.

Metro Bank fined £16m for anti-money laundering failings

Tue, 11/12/2024 - 07:47
Britain's Financial Conduct Authority (FCA) has fined Metro Bank £16m, for failings in its anti-money laundering controls between June 2016 and December 2020.

DCC says group to focus on energy sector

Tue, 11/12/2024 - 07:41
Shares in business support services company DCC soared in London trade today after it said it will focus on the energy sector and has begun preparations for the sale of its healthcare unit, which is expected to complete in 2025.

Kerry Group to sell Kerry Dairy Ireland for up to €500m

Tue, 11/12/2024 - 07:31
The Board of Kerry Co-operative Creameries has reached a deal with Kerry Group to buy its Consumer Foods Products and Dairy Ingredients business - Kerry Dairy Ireland - in two stages for up to €500m.

Kerry Group to sell Kerry Dairy Ireland for up to €500m

Tue, 11/12/2024 - 07:31
The Board of Kerry Co-operative Creameries has reached a deal with Kerry Group to buy its Consumer Foods Products and Dairy Ingredients business - Kerry Dairy Ireland - in two stages for up to €500m.

Pages