RTE Business

Luxury goods group Richemont said today that economic and geopolitical uncertainties were weighing on customer sentiment.

While it might have been the worst kept secret in Dublin commercial property circles, Facebook's announcement that it has sealed the deal on a lease on the Bank Centre campus in Ballsbridge was nonetheless interesting

Minister for Finance Paschal Donohoe has signalled changes to the Special Assignee Relief Programme as he plans to increase the income cap for the scheme.

Walt Disney results have beaten Wall Street estimates thanks to summer crowds that swarmed into its theme parks and filled cinemas showing Marvel movie "Ant-Man and the Wasp."

German insurer Allianz said its third-quarter net profit surged 24% from a year earlier and it confirmed it was poised to meet its 2018 profit target.

New figures from the Central Bank show that household net worth increased by 3% to reach a new high of €757 billion in the second quarter of this year.

Google has outlined changes to its handling of sexual misconduct complaints, hoping to calm outrage that triggered a worldwide walkout of workers last week.

The US Federal Reserve has held interest rates steady and said ongoing strong job gains and household spending had kept the economy on track.

European Central Bank President Mario Draghi has said that while the financial stability environment in the Euro Area remains favourable overall, it has become somewhat more challenging in recent months.

The International Monetary Fund said today it feared the consequences of a possible "contagion" of Italy's economic woes to European countries with "weaker macroeconomic fundamentals."

A group of UK business chiefs today called for a referendum on whether to leave the European Union on the terms that Prime Minister Theresa May hopes to negotiate or to stay in the world's biggest trading bloc.

Ryanair has confirmed that it has signed a Collective Labour Agreement (CLA) framework and Social Plan with Ver.di, the German cabin crew union, to cover all of Ryanair's German based cabin crew.

The Canadian-based aerospace company Bombardier has announced it is cutting five thousand jobs.

Gym chain FLYEfit is stepping up its expansion with the opening of three new gyms as well as a move into the Cork market in an investment worth €6m.

More than 6,000 new jobs are being planned by Engineers Ireland members next year, however the vast majority of firms are also seeing an ongoing skills shortage.

The National Treasury Management Agency has sold €750m worth of Irish bonds at an auction today.

The rate of consumer price inflation remained steady in October, according to the Central Statistics Office.

The European Commission has revised upwards its growth predictions for Ireland for this year and next year as it cut the overall growth forecasts for the euro zone.

Facebook has said it is expanding its investment in Ireland by acquiring a long-term lease of 14 acres for a new campus development in Ballsbridge in Dublin.

Greencore may alter the way it distributes the $16 billion proceeds from the sale of its US business, after considerable dissatisfaction was expressed by shareholders yesterday.