RTE Business

A €7 million investment has been announced, designed to boost cybersecurity innovation and entrepreneurship in Ireland over the next six years.

Taoiseach Leo Varadkar has said far too many important public capital projects are taking too long to reach completion.

A Central Bank inquiry probing whether former CEO of Permanent TSB David Guinane participated in a suspected regulatory breach by the bank, has heard the bank's very existence was in question at the time a controversial decision was taken affecting some of its tracker mortgage customers.

If the 900MW Moneypoint coal-burning power station in west Clare does not convert to Heavy Fuel Oil (HFO) to produce electricity, "it is possible that extended power outages could occur to cover the Winter peaks in the period 2024 to 2029".

Notices that work was beginning on 3,557 new homes across the country were received during January, new data released by the Department of Housing shows.

Discount retailer Centz has been ordered to pay just short of €77,000 to a former in-house counsel who claimed she was left "chasing the Roadrunner" as she tried to close a gender pay gap on its legal team – but ended up resigning because of how she was treated.

The European Central Bank has today reported a record annual loss for 2023 and said further losses were likely as its aggressive interest rate hikes force it to pay out billions of euros to banks.

European Central Bank policymakers agreed last month that inflation is coming under control but any talk of rate cuts was premature given rapid wage growth and abundant underlying price pressures, published accounts of their meeting showed.

Pharmaceutical company, Bristol Myers Squibb, is to invest $400m in a new sterile drug product biologics manufacturing facility in west Dublin, creating 350 new jobs.

Westmeath County Council has confirmed that it has been the subject of a payment fraud of approximately €515,000.

Japanese stocks raced to a record peak today, breaking levels last seen in 1989 during the halcyon days of the bubble economy, as cheap valuations and corporate reforms lure foreign money looking for alternatives to battered Chinese markets.

Google has said it will stop users from creating images of people on its newly launched AI tool after the programme depicted Nazi-era troops as people from diverse ethnic backgrounds.

A tech firm which admitted unfairly sacking its Irish founder has been ordered to pay him €464,000 in an awards package which includes the new record order for losses from dismissal by the Workplace Relations Commission (WRC).

Pre-tax profits at the Irish arm of package holiday operator TUI Holidays last year increased by 86% to €5.89m as the business benefited from increased numbers of Irish holiday makers holidaying overseas.

New figures from the Central Statistics Office show that wholesale electricity prices rose by 12.3% in January but were 38.4% lower compared to the same time last year.

Telecommunications company eir has announced that it has begun the process of removing the last of the country's payphone boxes.

New figures from the Central Statistics Office show that the estimated number of people in employment in the fourth quarter of 2023 stood at 2,706,400, up 3.4% compared with the same time in 2022.

Coca-Cola HBC Ireland and Northern Ireland has agreed a deal to buy Dublin-based BDS Vending Solutions.

Euro zone business activity fell for the ninth month in a row, but the rate of decline eased further from January, a closely-watched survey showed today.

Bank of Ireland is to invest €50m on customer fraud prevention and protection, including €15m on new fraud prevention technology as well as a range of consumer awareness campaigns and support for customers who are targeted by fraudsters.