RTE Business

Subscribe to RTE Business feed
Updated: 1 hour 36 min ago

Germany's Continental set to separate rubber unit

Tue, 04/08/2025 - 11:46
Germany's Continental plans to turn its ContiTech rubber and plastics division into an independent entity, it said today, setting the company up to be a pure-play tyre maker after the planned spin-off of its automotive segment.

False X post blamed for US markets' rollercoaster day

Tue, 04/08/2025 - 10:54
A false X post from an anonymous user has been blamed for a dramatic swing on US markets yesterday, which one investment strategist described as the most memorable day of trade in decades.

European dairy groups Arla and DMK Group to merge

Tue, 04/08/2025 - 10:23
Denmark's Arla Foods and Germany's DMK Group said today that they plan to merge with the aim of forming the strongest dairy cooperative in Europe.

Oil prices climb 1% after heavy US tariff-driven selloff

Tue, 04/08/2025 - 10:10
Oil prices were up around 1% today, rebounding from a near four-year low in the previous session on concerns that US tariffs might depress demand and lead to a global recession, though analysts warned downside risks remain.

Porsche deliveries fall on weaker demand in China, Europe

Tue, 04/08/2025 - 09:58
German sports car maker Porsche delivered 8% fewer vehicles globally in the first quarter, it said today, hit by declining demand in China and Europe.

US starting to look like an emerging market after tariffs

Tue, 04/08/2025 - 09:44
The US is starting to resemble an emerging market more than a developed country, the head of pan-European stock exchange operator Euronext said today as financial markets remained volatile after the imposition of sweeping US tariffs.

Will a boycott of US goods and businesses have an impact?

Tue, 04/08/2025 - 09:13
Consumers are responding to Trump's tariffs by boycotting US products, but it's complex given how embedded US businesses are in global retail

Construction activity rises amid stronger new orders: PMI

Tue, 04/08/2025 - 08:14
Construction activity rose in March - the first increase in total activity in three months - amid stronger new order growth, the latest Purchasing Managers Index from AIB shows.

Trump orders review of Nippon Steel's bid for US Steel

Tue, 04/08/2025 - 07:58
US President Donald Trump has directed a US national security panel to take a fresh look at Nippon Steel's bid for US Steel to help determine if "further action" is appropriate, raising hopes that the deal could gain an elusive green light.

Samsung sees Q1 profit beating estimates

Tue, 04/08/2025 - 07:49
Samsung Electronics has flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about US tariffs.

Tariff storm ravages 'Magnificent Seven' stocks

Tue, 04/08/2025 - 07:41
The "Magnificent Seven" stocks sank last night, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of US President Donald Trump's global tariff war.

Anthropic to create 100 jobs in Ireland and UK

Tue, 04/08/2025 - 07:35
US artificial intelligence (AI) startup Anthropic has today announced plans to create over 100 new roles across its Dublin and London offices to support its growing European customer base including Irish clients like Intercom.

BYD launches Denza premium brand in Europe

Tue, 04/08/2025 - 07:20
Chinese electric vehicle giant BYD has launched its premium Denza brand in Europe, aiming to support its expansion in the region and compete with top-end German manufacturers such as BMW and Mercedes.

Rebound in Europe, Japan provides respite for markets

Tue, 04/08/2025 - 07:14
European stock markets moved higher this morning in opening trade after similar recoveries for Asian equities that followed huge losses triggered by US President Donald Trump's tariffs.

European stock markets slightly rebound at open

Tue, 04/08/2025 - 06:45
Keep up to date with all of the latest developments as the world economy continues to grapple with the US tariffs announced by US President Donald Trump last week.

Report into housing on public land before Cabinet

Tue, 04/08/2025 - 04:09
Minister for Housing James Browne will bring a report to a meeting of the Cabinet this morning from the Land Development Agency on its latest assessment of the potential for housing development on public lands this year.

China vows to fight US tariffs 'to the end'

Tue, 04/08/2025 - 03:44
China has vowed to "fight to the end" against fresh tariffs of 50% threatened by US President Donald Trump, further aggravating a trade war that has already wiped trillions off global markets.

Trade war threat to impact housing market - report

Tue, 04/08/2025 - 00:01
The threat of a trade war will influence how the housing market will perform this year, according to a new report by My Home in association with Bank of Ireland.

'No winners' with tariffs or trade wars, says Tánaiste

Tue, 04/08/2025 - 00:00
Tánaiste Simon Harris said he will be highlighting that "there are no winners when it comes to tariffs, there are no winners when it comes to a trade war," as he is due to travel to the US to hold meetings with officials in the Trump administration.

Pages