RTE Business

Subscribe to RTE Business feed RTE Business
Latest Irish and international news supplied by RTE.ie
Updated: 3 hours 54 sec ago

Exploring Vacations travel firm goes into liquidation

Fri, 09/14/2018 - 17:51
A tourist company based in Mullingar, Co Westmeath has ceased trading leaving several holidaymakers and businesses out of pocket.

Ryanair partners with flight academy to train pilots

Fri, 09/14/2018 - 16:32
Ryanair has entered a partnership with Cork-based Atlantic Flight Training Academy to train almost 500 pilots for the airline over the next five years.

Could the financial crash happen again?

Fri, 09/14/2018 - 16:03
10 years after the financial crash caused a worldwide recession, what are the threats to the Irish economy today?

Sports Direct CEO 'stabbed in back' by shareholders

Fri, 09/14/2018 - 16:02
Mike Ashley, the founder and majority owner of British retailer Sports Direct, said today he had been "stabbed in the back" by other shareholders over their lack of support.

Coach operators snub Dublin parking facility

Fri, 09/14/2018 - 15:50
A parking facility for coaches visiting Dublin provided by the National Transport Authority at a cost of €1.7m, is being snubbed by some coach operators who say it is not meeting their needs.

Irish mortgage rates still higher than euro average

Fri, 09/14/2018 - 13:20
New figures from the Central Bank show that Irish mortgage customers continue to pay higher interest rates than customers in any other country in the euro zone.

Dublin Airport sees busiest ever August as capacity up

Fri, 09/14/2018 - 12:56
Dublin Airport welcomed more than 3.2 million passengers last month, making it the busiest August in the airport's 78-year history.

Economists should have predicted Lehman collapse: OECD

Fri, 09/14/2018 - 12:06
The head of the OECD said he regretted the rich nations club's failure to predict the crisis triggered by the collapse of Lehman Brothers a decade ago, saying economic forecasts needed to better reflect reality.

Bank of England 'well prepared' for any Brexit outcome

Fri, 09/14/2018 - 11:39
Bank of England Governor Mark Carney has said that developments around Brexit are the most significant influences on the UK's economic outlook.

UK house prices would crash by 35% in no-deal Brexit

Fri, 09/14/2018 - 11:22
The UK property market would crash and mortgage rates would spiral in the event of a chaotic no-deal Brexit, with house prices falling 35% over three years, Bank of England Governor Mark Carney has said.

Ryanair agrees framework for deal with Italian unions

Fri, 09/14/2018 - 11:06
Ryanair has announced that it has agreed the framework for a collective labour agreement with Italian cabin crew unions.

Today in the press

Fri, 09/14/2018 - 10:12
The Central Bank is preparing to loosen restrictions on credit unions providing home loans, almost a year after the Oireachtas finance committee called for a review of lending limits amid concerns about the viability of the sector.

French central bank trims 2018 growth forecast

Fri, 09/14/2018 - 09:16
The French economy is expected to expand by 1.6% this year, the country's central bank said today, well short of the 2% goal originally set by the government for this year.

Investec to hive off asset management unit

Fri, 09/14/2018 - 09:10
Investec plans to hive off and separately list its asset management unit, it said today, in a strategic overhaul that comes ahead of the departure of founder and boss of the Anglo-South African financial services group.

UK's Co-op profit rises on strong food performance

Fri, 09/14/2018 - 08:12
Britain's Co-Operative Group, the mutually-owned supermarkets-to-funerals group, has today reported an 86% rise in first-half profit.

Cignal's financing facility expanded to €65m

Fri, 09/14/2018 - 08:00
Cignal, a company that provides telecommunications infrastructure, has announced it has refinanced and expanded its financing facility.

Bezos commits $2 billion to help homeless, schools

Fri, 09/14/2018 - 07:47
Jeff Bezos, Amazon.com's founder and the world's richest person, has said he will commit $2 billion to helping homeless families and starting pre-schools for low-income communities.

Danske CEO rejected calls to cut back Estonia business

Fri, 09/14/2018 - 07:40
Danske Bank's chief executive rejected calls in 2013 to scale back business at the bank's Estonian branch, the Financial Times has reported.

Wetherspoon's annual profit jumps 16.5%

Fri, 09/14/2018 - 07:35
UK pub chain J D Wetherspoon full-year profit rose 16.5% as it saw more customers during the football World Cup and a record heatwave.

No-deal Brexit would impact international legal system

Fri, 09/14/2018 - 06:48
The Chief Justice of Ireland has issued a warning about the impact of a no-deal Brexit on the international legal system.