RTE Business

Subscribe to RTE Business feed RTE Business
Latest Irish and international news supplied by RTE.ie
Updated: 2 hours 47 min ago

Weak sterling cause of concern for Irish exporters

Tue, 07/10/2018 - 11:58
The chief executive of the Irish Exporters Association, Simon McKeever, said a weaker pound causes a number of issues for Irish companies selling into the British market.

German investor mood slumps on trade war fears

Tue, 07/10/2018 - 11:40
Confidence among investors in Germany plunged sharply in July, the ZEW economic institute said today, reaching its lowest level since August 2012 over signs that a trade war was far from abating.

Today in the press

Tue, 07/10/2018 - 10:43
Stephen Mason, head of group customer operations at Bank of Ireland, is among a handful of executives to quit the group in the past six weeks as the lender continues to reduce its senior to middle management ranks amid a wider restructuring drive.

UK economy picks up a little speed in May

Tue, 07/10/2018 - 10:25
The UK economy picked up a bit of speed in May after a slowdown in early 2018, leaning on the services sector for growth as output in manufacturing disappointed.

SkOUT Secure Intelligence to create 30 Laois jobs

Tue, 07/10/2018 - 10:07
US-based cyber-security firm SkOUT Secure Intelligence is to create 30 jobs as it opens a new European headquarters in Portlaoise in Co Laois.

Causeway Capital backs MBO of Turmec

Tue, 07/10/2018 - 09:08
Private equity firm Causeway Capital has invested €4m to back a management buyout at the Co Meath-based recycling-plant design company Turmec.

Coveney to brief cabinet on the state of Brexit talks

Tue, 07/10/2018 - 09:04
Tánaiste and Minister for Foreign Affairs Simon Coveney is expected to brief the Cabinet later today on the state of the Brexit negotiations, in light of recent political developments in Britain.

Tesla moves first to hike prices in China

Tue, 07/10/2018 - 08:59
US carmaker Tesla has hiked prices on its Model X and S cars by about 20% in China, becoming the first car maker to raise prices in the world's largest automotive market in response to a US-China trade war.

Takeda gets key US regulatory approval to buy Shire

Tue, 07/10/2018 - 08:51
Japan's Takeda Pharmaceutical has received a key US regulatory approval for its $62 billion deal to buy London-listed Shire.

Sorrell beats WPP in race to win Dutch firm MediaMonks

Tue, 07/10/2018 - 08:34
Martin Sorrell has beaten WPP in the race to buy the highly coveted Dutch agency MediaMonks, in a move that is set to further strain tensions with the company he founded.

Tesco names new UK boss after Wilson illness

Tue, 07/10/2018 - 08:23
Supermarket group Tesco said its UK and Ireland boss Charles Wilson would be replaced by group chief product officer Jason Tarry after Wilson was diagnosed with cancer.

Sterling frail after key eurosceptic ministers quit

Tue, 07/10/2018 - 07:47
Sterling was frail this morning after the departure of two key eurosceptic ministers raised worries about a hard Brexit.

Unions settle dispute over crane operators

Mon, 07/09/2018 - 17:11
Trade unions SIPTU and Unite have settled their long-running dispute over who has the right to represent crane operators on construction sites.

Samsung opens world's largest phone factory in India

Mon, 07/09/2018 - 14:39
Samsung Electronics today announced the opening of what it said is the world's biggest mobile phone manufacturing facility in India

No breakthrough over Ryanair dispute ahead of strike

Mon, 07/09/2018 - 14:14
The strike action by Ryanair pilots looks set to go ahead this Thursday, as there has been no breakthrough that would permit talks between the airline and the pilots union IALPA to take place.

Drumm to be sentenced tomorrow over unlawful loans

Mon, 07/09/2018 - 14:13
The former Chief Executive Officer of Anglo Irish Bank, David Drumm, will be sentenced tomorrow afternoon for giving illegal loans to ten developers to buy shares in Anglo in 2008.

Hernan named CEO of Aer Rianta International

Mon, 07/09/2018 - 12:17
DAA has appointed Ray Hernan as chief executive of its global travel retail business Aer Rianta International (ARI).

Software company to create 200 jobs in Athlone

Mon, 07/09/2018 - 12:08
A software company is to create 200 jobs over the next four years in Athlone, Co Westmeath.

Chances to pay down debt should be taken - NTMA CEO

Mon, 07/09/2018 - 12:00
The National Treasury Management Agency's chief executive has said the country should take advantage of opportunities to pay down our high debt levels, including by selling bank shares.

New car sales up 3.7% in June - CSO

Mon, 07/09/2018 - 11:18
The number of new cars licensed for the first time rose by 3.7% in June, while the number of imports jumped by almost 14% as buyers continued to take advantage of a weaker sterling.