RTE Business

Subscribe to RTE Business feed
Updated: 2 hours 52 min ago

Trump will keep TikTok from 'going dark', says adviser

Thu, 01/16/2025 - 17:08
US President-elect Donald Trump's incoming national security adviser has said the new administration will keep TikTok alive in the United States if there is a viable deal.

Polestar expects delayed profitability as demand weakens

Thu, 01/16/2025 - 16:29
Polestar's new CEO said today it would take longer for the Swedish electric-vehicle maker to be profitable and delayed its expansion of sales to more countries.

Plans for 30 turbine windfarm off Clare/Galway coast

Thu, 01/16/2025 - 15:59
Plans are to be lodged in the coming days with An Bord Pleanála for a 'landmark' 450 MW wind-farm with 30 turbines over 1,000 ft high in the Atlantic Ocean off the Co Galway and Co Clare coast.

Nintendo says to release Switch 2 this year

Thu, 01/16/2025 - 15:16
Japan's Nintendo said today it will release the Switch 2 console, successor to its hit Switch device, this year.

Lagarde moves markets with a frown, Draghi with a smile

Thu, 01/16/2025 - 15:08
The European Central Bank's President Christine Lagarde can move financial markets with a frown, while her predecessor, Mario Draghi, used a smile to reinforce his message, a new study has found.

Ryanair cuts summer flights in Spain, citing airport fees

Thu, 01/16/2025 - 14:55
Ryanair said today it would cut flights at seven regional airports in Spain this summer due to what it called "excessive fees" levied by state-controlled airport operator Aena.

Gabrielle White new Irish Exporters Association President

Thu, 01/16/2025 - 14:40
The Irish Exporters Association has appointed Gabrielle White as its new President.

NTMA raises €3 billion to cover much of 2025's funding

Thu, 01/16/2025 - 14:13
The National Treasury Management Agency has raised €3 billion through the sale of a new 30-year bond today.

FBD Hotels & Resorts to buy Grand Hotel Malahide for €55m

Thu, 01/16/2025 - 13:38
FBD Hotels and Resorts (FBDH&R) has agreed to buy the Grand Hotel in Malahide, Co Dublin in a deal worth €55 million.

How a TikTok ban may work and why user workarounds won't

Thu, 01/16/2025 - 12:53
Social media app TikTok, which is owned by China's ByteDance, will be banned in the US on Sunday unless a deal comes together to sell it to a US investor or the US Supreme Court intervenes.

Morgan Stanley profit up on investment banking recovery

Thu, 01/16/2025 - 12:42
Morgan Stanley's profit increased in the fourth quarter, fueled by a wave of dealmaking and stock sale by the investment bank.

Bank of America profit jumps on investment banking

Thu, 01/16/2025 - 12:09
Bank of America has today reported higher profit as its investment bankers capitalised on resurgence in dealmaking in the fourth quarter while the lender predicted it would earn more interest income in 2025.

Trouble Brewing: The challenge facing Starbucks

Thu, 01/16/2025 - 12:03
The reintroduction of Starbucks' 'buy something or leave' should be seen in the context of a dramatic shift in the global coffee industry, writes Adam Maguire.

All you need to know about electricity grid interconnectors

Thu, 01/16/2025 - 11:44
These giant cables connect electricity grids across neighbouring countries and have benefits for energy security, costs and climate goals

BP to cut over 5% of workforce in CEO's cost cut drive

Thu, 01/16/2025 - 11:34
BP will cut over 5% of its global workforce, it said today, as part of chief executive Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.

Annual inflation rises to 1.4% in December - CSO

Thu, 01/16/2025 - 11:31
Inflation in Ireland is beginning to rise again, according to the latest figures from the Central Statistics Office.

Applegreen in deal with Chick-fil-A in Northern Ireland

Thu, 01/16/2025 - 11:08
Applegreen has agreed a new licensing partnership for Northern Ireland with Chick-fil-A, the US-headquartered quick service restaurant company.

10,000 calls to BoI fraud prevention team over Christmas

Thu, 01/16/2025 - 10:46
Bank of Ireland said its fraud prevention team received over 10,000 calls from customers during the peak holiday period from Monday 23 December to Sunday 29 December.

TSMC logs record quarterly profit, sees revenue growth

Thu, 01/16/2025 - 08:44
Taiwan Semiconductor Manufacturing has today logged record quarterly profit and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing.

Red tape and input costs main challenges facing farmers

Thu, 01/16/2025 - 08:25
Red tape, input costs and the weather rank highest in the challenges facing Irish farmers, according to the latest report from farming, food and agribusiness specialist professional services firm Ifac.

Pages