RTE Business

Oil giant Saudi Aramco has today reported a 3.4% fall in second-quarter profit on lower crude volumes and softer refining margins.

Domino's Pizza Group has today lowered its full-year profit outlook as it decided to pass on expected lower food costs to franchisees and offer more value deals to customers.

Holiday Inn-owner InterContinental Hotels Group has today reported a 3.2% rise in revenue per available room (RevPAR) in the second quarter as a strong rebound in the US offset weakness in China.

The eyes of the world may be on Paris for the Olympic games, but for many local hotels and restaurants, the boost to revenue has been "underwhelming".

HSBC, Barclays, Lloyds, Natwest and Britain's other top eight banks could be wound down in a crisis without the immediate need for taxpayer cash, the Bank of England said today following its second 'resolvability' check of the lenders.

Australia's central bank held interest rates steady today as expected, while reiterating that it was not ruling anything in or out to control inflation, a result that led markets to slightly pare back the chance of a November rate cut.

Tokyo's key Nikkei index closed more than 10% higher today, bouncing back from a record selloff the previous day on worries over the US economy and a stronger yen.

Apple and other heavyweight companies sold off on Wall Street last night as US recession fears and Berkshire Hathaway's sale of half of its stake in the iPhone maker further deflated a months-long rally fueled by optimism about AI.

Online fashion marketplace Zalando has today reported an 18.5% rise in its operating profit for the second quarter, helped by improved inventory and lower order fulfilment costs, as its sports, designer and beauty segments drove growth.

Service sector growth moderated slightly for the second successive month in July, but a pick up in new business, the year-ahead outlook and jobs growth pointed to positive signs for firms, a survey showed today.

A US judge ruled that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, the first big win for federal authorities taking on Big Tech's market dominance.

Few cities can afford to host the Olympics, but Paris may win gold by smart use of existing facilities and low-cost temporary venues

Stock markets tumbled with Japanese shares at one point exceeding their 1987 "Black Monday" loss while fears of a US recession sent investors fleeing from risk while wagering that rate cuts would be needed to rescue growth.

The proposals in the final report of the All-Island Strategic Rail Review - published this week - can be implemented if there's money and political will.

The 'magnificent seven' stocks appear to have run out of steam following a relentless rally in their share prices in recent months. Is it just the natural end of a cycle or is the market on the cusp of change ahead of expected interest rate cuts ahead?

Executive salaries for senior managers will be included in RTÉ's next annual report for the first time, as the broadcaster has committed to more transparency in the wake of the controversies last summer.

Dublin Bus profits were hit in 2023 by a provision required to cover the cost of buses damaged during the Dublin Riots from last November.

An Post Money has introduced a new system which it says will reduce payment card fraud and lead to more secure card payments.

Almost 3.4 million passengers passed through Dublin Airport this July, according to figures from airport operator, daa, making it the busiest July ever at the airport.

Exxon Mobil has today posted a better than expected $9.2 billion second-quarter profit based on rising oil prices and volume gains from its purchase this year of shale oil firm Pioneer Natural Resources.