RTE Business

Oil prices extended gains today after rising in the previous session on rekindled hopes for a US-China trade deal.

Clydesdale and Yorkshire Banking Group has pledged to make an additional £50m in savings from its takeover of rival British lender Virgin Money.

Whitbread said today that its first-quarter room revenue was hit by tough market competition and ongoing Brexit uncertainty.

Boeing won a major vote of confidence at the Paris Airshow as Aer Lingus owner IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since March after two deadly crashes.

The Central Bank is to be given new powers to hold senior bankers personally responsible for failings in financial institutions.

Aer Lingus is set to get six new Airbus A321XLR aircraft, which will enable it to launch new routes beyond the US east coast and Canada.

A cap on the ownership of commercial radio stations has been maintained by the Broadcasting Authority of Ireland, despite calls from some stakeholders for its removal.

Libra will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020.

An Oireachtas committee meeting where the Secretary General of the Department of Public Expenditure and Reform was scheduled to face questions about the National Broadband Plan has been cancelled.

Household deposits grew by €1.8 billion, or 1.8%, over the first quarter of 2019, new figures from the Central Bank show today.

Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or spend money as easily as firing off text messages.

Aircraft leasing company Avolon has announced an order for 140 new LEAP-1A engines from CFM International.

London Heathrow, Europe's busiest airport, today issued plans for its controversial third runway, including the rerouting of rivers and roads, as it sought also to allay environmental concerns.

Inflation in the euro zone slowed to 1.2% in May, the lowest rate in more than a year, as price growth in the energy and services sectors slackened.

Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain's next prime minister sent the pound tumbling to a five-month low against the euro today as investors worried about the risks of a hard exit Brexit.

Germany's influential Ifo institute today cut its 2020 German growth forecast for Europe's largest economy as it warned that a manufacturing recession was starting to spill over into other sectors.

A European aviation battle is currently playing out in the German market, according to an industry expert.

The European Central Bank will ease policy again if inflation does not head back to its target, ECB President Mario Draghi said today.

The UK government is committed to doing whatever it can to keep the UK financial sector globally competitive after Brexit, financial services minister John Glen said today.

The Government is set today to consider the outline of planned laws to make senior bankers more accountability individually for failings or wrongdoings.