RTE Business

Subscribe to RTE Business feed RTE Business
Latest Irish and international news supplied by RTE.ie
Updated: 1 hour 17 min ago

No-deal Brexit would cost Britain 6% of GDP, IMF warns

Wed, 11/14/2018 - 16:15
Leaving the European Union without a transitional trade deal would cost Britain about 6% of GDP - roughly four years of economic growth - compared with staying in the bloc, the International Monetary Fund has said.

UK brings forward planned changes to gambling stakes

Wed, 11/14/2018 - 15:26
The UK will bring forward a planned cut to the maximum stake on fixed-odds betting terminals by six months to April 2019, UK culture minister Jeremy Wright said today.

Energy drives US consumer prices to 9-month high

Wed, 11/14/2018 - 14:48
US consumer inflation got a bump in October, as prices for fuel and electricity shot up, rising along with the cost of shelter and medical care, the government said today.

Sports Direct to close four more House of Fraser stores

Wed, 11/14/2018 - 14:26
Sports Direct plans to close four more House of Fraser department stores after Christmas, having failed to agree terms with landlord Intu Properties, the sportswear retailer said today.

Updates: Brexit draft agreement

Wed, 11/14/2018 - 13:58
British Prime Minister Theresa May will put her Brexit plans to the cabinet today - 874 days after Britain voted to leave the European Union and just over four months ahead of the UK formally leaving the bloc on 29 March 2019.

Property price growth falls for fifth consecutive month

Wed, 11/14/2018 - 13:57
House and apartment price growth fell for the fifth consecutive month in September, according to latest figures from the Central Statistics Office.

May: Brexit deal delivers on vote of British people

Wed, 11/14/2018 - 13:33
British Prime Minister Theresa May has told the House of Commons that the draft Brexit agreement struck by British and European Union negotiators delivers on the result of the 2016 referendum to leave the EU.

Brexit draft agreement 'will be voted on in Dáil'

Wed, 11/14/2018 - 13:24
Taoiseach Leo Varadkar has said that the Good Friday Agreement is "not negatively impacted" by the Brexit draft agreement and is protected by the draft agreement.

Irish universities invest little in digital marketing

Wed, 11/14/2018 - 13:19
A new survey shows that only 22% of universities and colleges have increased investment in digital marketing despite its impact on student recruitment.

Pearson sells Financial Times building to M&G

Wed, 11/14/2018 - 13:03
British education publisher Pearson is selling its property at One Southwark Bridge in London, the current home of the Financial Times newspaper, to M&G Real Estate for £115m, it said today.

UK inflation holds steady at 2.4% in October

Wed, 11/14/2018 - 11:59
British inflation unexpectedly held steady in October, according to data today that raises the prospect that the rate could return to target faster than the Bank of England expects.

Euro zone GDP growth rate confirmed at four-year low

Wed, 11/14/2018 - 11:36
The euro zone economy grew at its slowest pace in four years in the third quarter of 2018, while employment growth also eased during the period, data released today showed.

Arkphire buys Co Mayo-based CloudStrong

Wed, 11/14/2018 - 10:58
Consulting and managed-services firm Arkphire has agreed a deal to buy CloudStrong, the specialist cloud solution provider which is based in Castlebar, Co Mayo.

200 new jobs in AI technology for Galway

Wed, 11/14/2018 - 10:56
Two hundred jobs are to be created in Galway by a US firm that specialises in Artificial Intelligence (AI) technology.

Today in the press

Wed, 11/14/2018 - 09:39
Hundreds of long-term shareholders in troubled food group Aryzta have seen their stake in the company decimated after they were effectively locked out of a major rights issue.

Over 60s overpaying for health insurance

Wed, 11/14/2018 - 09:32
Older people are generally paying too much for their health insurance.

Maersk warns trade war hit container shipping

Wed, 11/14/2018 - 08:34
Danish shipping group AP Moller-Maersk beat third-quarter operating profit forecasts, but said a trade war between the US and China had hit demand for container shipping.

SSE to consolidate renewables business as profits slump

Wed, 11/14/2018 - 08:24
UK energy supplier SSE said it plans to create a new company that will include its renewable energy assets in the UK and Ireland.

43 top Irish companies sign low carbon pledge

Wed, 11/14/2018 - 08:16
More than 40 leading companies here have signed up to significantly reduce their carbon emissions between now and 2030.

Germany's Q3 GDP drops by 0.2%

Wed, 11/14/2018 - 07:53
Economic output in Europe's largest economy Germany shrank by 0.2% in the third quarter, more than reversing a gain of 0.5% in the previous three months, official data showed today.