RTE Business

Subscribe to RTE Business feed RTE Business
Latest Irish and international news supplied by RTE.ie
Updated: 1 hour 56 min ago

Strong growth in personal insolvency arrangements

Tue, 01/22/2019 - 13:13
There has been continued strong growth in personal insolvency arrangements, which rose by 31% in 2018 compared to the previous year.

Manufacturing prices down 2.4% in 2018 - CSO

Tue, 01/22/2019 - 13:03
Irish manufacturers saw a 2.4% fall in the prices they received for their products during 2018, according to the Central Statistics Office.

Stena ferry boss worried over risk of hard Brexit

Tue, 01/22/2019 - 12:53
The head of Swedish ferry operator Stena fears major disruption in the event of a hard Brexit but is still hoping that politicians can come up with a solution that allows business as usual.

China slowdown is 'no disaster', Davos hears

Tue, 01/22/2019 - 12:44
The slowdown in Chinese growth has become the latest looming cloud over the global economy, but at the World Economic Forum in Davos, the advice from Beijing was not to worry.

German investor confidence regains ground in January

Tue, 01/22/2019 - 11:32
Confidence among investors in Germany regained ground in January but remained negative overall, a regular survey published today showed as fears grow of a slowdown within the 19-nation euro zone.

EU fines Mastercard €570m in competition action

Tue, 01/22/2019 - 11:16
The European Commission said today it had fined Mastercard €570.6m for limiting the possibility for merchants to benefit from better conditions offered by banks elsewhere in the European Union.

Aldi to recruit 500 employees and open seven stores

Tue, 01/22/2019 - 10:27
Discount retailer Aldi has announced plans to recruit 500 employees this year and open seven new Irish stores.

Potential boost of offshore oil & gas to economy

Tue, 01/22/2019 - 10:16
The potential benefit of offshore oil or gas finds to the economy is the theme of a new report from the Irish Offshore Operators' Association.

Glanbia Ireland to build new cheese plant in Kilkenny

Tue, 01/22/2019 - 09:38
Dairy processor Glanbia Ireland and Dutch firm Royal A-ware have agreed a deal to build a new continental cheese manufacturing facility in Belview in Co Kilkenny.

China's thirst for cognac boosts Remy's Q3 sales

Tue, 01/22/2019 - 09:18
French spirits group Remy Cointreau delivered stronger-than-expected third quarter revenues, as the early timing of the Chinese New Year boosted premium cognac sales while demand was also robust in the US.

Brazil's new leader rides far-right wave in Davos

Tue, 01/22/2019 - 09:11
Skirting the first political scandal of his new presidency, far-right leader Jair Bolsonaro will tout a "new Brazil" when he addresses the world's business elite in Davos today.

Hugo Boss sales accelerate in key Christmas quarter

Tue, 01/22/2019 - 09:06
German fashion house Hugo Boss has predicted more expansion this year after it saw sales growth pick up at the end of 2018, helped by strong growth in China, Britain and France and as well as online.

Pets at Home to spend £8m stockpiling ahead of Brexit

Tue, 01/22/2019 - 08:52
Pets at Home is to spend up to £8m stockpiling pet food and products as it becomes the latest business to step up plans for a hard Brexit.

Dixons Carphone Ireland's Christmas sales up 10%

Tue, 01/22/2019 - 08:33
Dixons Carphone Ireland has today reported a 10% increase in sales over the key Christmas period.

Cairn Homes agrees second deal with NAMA

Tue, 01/22/2019 - 07:59
Cairn Homes has entered into a joint venture with the National Asset Management Agency to build more than 550 homes on a 14.5 half acre development site off the Malahide Road in Dublin.

Drone disruption at Gatwick hits EasyJet's costs

Tue, 01/22/2019 - 07:46
UK budget airline EasyJet said today that drone disruption at London's Gatwick airport in December had cost it millions of pounds in lost operating revenue and additional costs.

UBS posts Q4 pre-tax profit miss, sees bumpy road ahead

Tue, 01/22/2019 - 07:39
UBS has today posted a $862m fourth-quarter pre-tax profit, hit by a slowdown in its flagship wealth management business and weaker earnings in its investment bank.

Tokyo court denies latest bail request from Ghosn

Tue, 01/22/2019 - 07:33
Carlos Ghosn's latest request for bail has been rejected by a Tokyo court, despite the ousted Nissan chairman offering to wear an electronic ankle tag in an unusual bid to win release after two months of detention for alleged financial crimes.

France hits Google with €50m data consent fine

Tue, 01/22/2019 - 07:27
France's data watchdog has announced a fine of €50m for US search giant Google, using the EU's strict General Data Protection Regulation (GDPR) for the first time.

Online safety a big priority for Facebook - Sandberg

Mon, 01/21/2019 - 19:19
The chief operating officer of Facebook has admitted the social network has more work to do to ensure the safety of those using the platform.