RTE Business

Subscribe to RTE Business feed RTE Business
Latest Irish and international news supplied by RTE.ie
Updated: 2 hours 38 min ago

Today in the press

Tue, 03/19/2019 - 09:56
Drug companies have urged European Union governments not to close the door to medicines and medical devices approved in the UK in the event of a hard Brexit.

JD Sports to buy Footasylum in £90m deal

Tue, 03/19/2019 - 09:48
JD Sports Fashion has agreed to acquire Footasylum in a deal valued at up to £90m, only half of what the sportswear retailer was valued at when it went public in late 2017.

Survey reveals two tier tourism and hospitality outlook

Tue, 03/19/2019 - 09:16
A new survey published today shows further evidence of a growing two-tier outlook in the tourism and hospitality industries between Dublin and the rest of the country.

Finance Ireland launches new range of mortgages

Tue, 03/19/2019 - 09:02
Finance Ireland has launched a range of residential mortgage products to compete with the main banks.

Ocado sales growth held back by fire at centre

Tue, 03/19/2019 - 08:58
British online supermarket Ocado said today that its retail revenue growth slowed in the latest quarter, hit by last month's huge fire at its flagship robotic distribution centre in England.

Sterling edges higher as fresh Brexit developments eyed

Tue, 03/19/2019 - 08:54
The pound edged higher today thanks to broad dollar weakness against its rivals as investors waited cautiously for developments on Brexit negotiations with less than two weeks before the UK is due to leave the European Union.

Brexit hits ability of UK fintech to lure top talent

Tue, 03/19/2019 - 08:49
Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said today, threatening to slam the brakes on a £7 billion growth sector just as EU states step up competition.

Taoiseach meeting Tusk as Brexit deadline looms

Tue, 03/19/2019 - 08:46
Taoiseach Leo Varadkar will meet European Council President Donald Tusk in Dublin this morning with just ten days left before Brexit, but with no deal in sight.

ASOS hit by teething problems at US warehouse

Tue, 03/19/2019 - 08:19
British online retailer ASOS said its new warehouse in Atlanta in the US struggled to cope with demand in its second quarter, resulting in a dip in US sales.

FIS buys Worldpay for $35 billion in payments deal

Tue, 03/19/2019 - 07:53
Fidelity National Information Services has agreed to buy Worldpay for about $35 billion, with the US financial services provider striking the biggest deal to date in the fast-growing electronic payments industry.

Applegreen's 2018 profits and revenues motor higher

Tue, 03/19/2019 - 07:39
Fuel forecourt and service station operator Applegreen has reported a 55% increase in gross profits for the 12 months to December as its revenues grew by almost 41%.

The nurses' dispute: Why isn't it over?

Mon, 03/18/2019 - 16:39
On Monday 11 February, the Labour Court issued a recommendation aimed at settling the nurses and midwives dispute, which had seen thousands of patients disrupted by three individual 24-hour strikes.

London: The Athens of the north

Mon, 03/18/2019 - 07:00

KOSTAL puts 200 staff in Limerick on three day week

Fri, 03/15/2019 - 17:16
200 employees at the Limerick office of the German owned electronic and mechatronic product manufacturing business KOSTAL have been put on a three day working week for five weeks.

Russian sues US over sanctions on companies

Fri, 03/15/2019 - 17:15
Russian tycoon Oleg Deripaska is suing the United States, alleging that it had overstepped its legal bounds in sanctioning his companies.

Ford plans 5,000 job cuts in Germany

Fri, 03/15/2019 - 16:28
US car maker Ford plans to cut more than 5,000 jobs in Germany and will reduce its workforce in Britain as well, as it seeks to return to profit in Europe.

US imposes new Ukraine-related sanctions on Russia

Fri, 03/15/2019 - 16:20
The United States has imposed fresh sanctions on Russia relating to Ukraine, targeting six individuals and eight organisations, according to a statement from the US Treasury.

Boeing software upgrade will be rolled out in weeks

Fri, 03/15/2019 - 15:54
Aircraft manufacturer Boeing has said its software upgrade for the grounded 737 MAX jetliner will be rolled out in the coming weeks, and that its timeline for deploying the upgrade has not changed.

US regulators adopt interim rule in case of hard Brexit

Fri, 03/15/2019 - 15:47
US regulators adopted a rule that will allow qualified swaps to be transferred from entities in the United Kingdom to their affiliates in the European Union without triggering new margin requirements.

5,000 new jobs created in Ireland due to Brexit - IDA

Fri, 03/15/2019 - 15:34
New figures from IDA Ireland show that over 5,000 jobs in 70 individual investments have been approved here since the Brexit referendum in June 2016.