RTE Business

Neurent Medical, which pioneers treatments for chronic inflammatory sino-nasal diseases, today said it has closed a $25m Series B financing round.

Richemont, the maker of Cartier and Van Cleef & Arpels brands, has today posted a 5% increase in quarterly sales led by strong growth at its jewellery brands in Asia Pacific and the Middle East.

Permission has been refused for a 360 bed co-living development in a historic part of Dublin's north city, which would have included a 14-storey block beside Dublin's Victorian Fruit and Vegetable Market.

Global logistics company CH Robinson is to establish a new technology centre in Cork and plans to recruit more than 30 technology workers over the next three years.

Investment by Irish and US companies in each other's countries increased over the past four years during the period in office of the Trump administration, according to the American Chamber of Commerce in Ireland.

The London Stock Exchange said it should complete its $27 billion acquisition of Refinitiv on January 29, as it bulks up into a major financial data provider to compete with Bloomberg.

Organisers of the St Patrick's Festival have confirmed there will be no street parade in Dublin this year. Instead virtual events will be held on a special online TV channel.

WH Smith said today it expects to burn up to £20m a month in cash until March, eating into its remaining resources as it strives to ride out Britain's latest round of stringent coronavirus lockdowns.

Alibaba Group founder Jack Ma made his first appearance since October today when he spoke to a group of teachers by video, easing concern about his unusual absence from public life and sending shares in the e-commerce giant surging.

British luxury brand Burberry said underlying sales fell 9% in the three months ended December as the Covid-19 pandemic closed shops and it warned of more disruption in the coming months from the spread of new variants.

The owner of DIY and building retailers Woodies and Chadwicks has announced the reinstatement of its second interim dividend for 2019.

British inflation gathered speed in December as a temporary easing of Covid-19 travel restrictions helped to push up air and sea fares and a rise in global oil prices made fuel more expensive, official data showed today.

British pub operator Wetherspoon has raised £93.7m in its second cash call from investors since the start of the Covid-19 pandemic, as the UK government's order to close hospitality venues hammers its finances.

Strong online sales of large screen televisions, smart tech and food preparation gadgets helped Dixons Carphone report an 11% rise in underlying sales of electricals in its Christmas trading period.

Netflix said last night that its global subscriber numbers crossed 200 million at the end of 2020 and projected it will no longer need to borrow billions of dollars to finance its broad slate of TV shows and movies.

Aer Lingus and Iberia owner International Airlines Group has agreed to buy Spain's Air Europa for €500m under an amended deal, the companies said in a statement.

Galway-based sports performance and data science company Orreco is to double its workforce in Ireland and the US with a new round investment from a Silicon Valley-based venture firm.

Europe is too vulnerable to the global power of the dollar and must ensure the international standing of its euro currency to challenge US dominance, the EU executive has said.

Truck drivers travelling to France could be required to have a negative Covid-19 antigen test result within days, ministers heard today.

Traffic volumes in Dublin are now almost 60% higher than they were during the first lockdown last March, according to figures from Dublin City Council and the AA.