RTE Business

Subscribe to RTE Business feed
Updated: 51 min 55 sec ago

Ford set to announce closure of Welsh engine factory

Thu, 06/06/2019 - 11:55
Car maker Ford is expected to announce today that it is closing its engine facility in Bridgend in Wales, a source told Reuters, in what would be another blow to Britain's car industry.

IMF sees euro as undervalued - document

Thu, 06/06/2019 - 11:44
The International Monetary Fund believes the European Central Bank must maintain supportive monetary policy, an EU document seen by Reuters showed.

Consumers, investment, trade boost euro zone in Q1

Thu, 06/06/2019 - 11:39
The euro zone economy accelerated in the first three months of this year, EU statistics agency Eurostat confirmed today, driven by household spending, investment and trade.

Strencom agrees deal for Baker Security & Networks

Thu, 06/06/2019 - 10:43
Irish cloud computing provider Strencom has acquired managed network and cybersecurity company Baker Security & Networks for an undisclosed sum.

Today in the press

Thu, 06/06/2019 - 10:34
Digicel, Denis O'Brien's Caribbean mobile operator, has won the first round of a legal battle against the government of one of its island markets, which wants to confiscate some of Digicel's high-speed spectrum to give it one of its rivals.

€909m lost each year in Ireland due to counterfeiting

Thu, 06/06/2019 - 10:04
A new report estimates that losses due to counterfeiting and piracy totalled €909m in Ireland last year.

Housing commencements rose by over 31% in Q1

Thu, 06/06/2019 - 09:00
New figures today show that the number of housing commencements rose by 31.6% in the first quarter of the year compared with the same time last year.

Aviva to cut 1,800 jobs amid plans to reduce costs

Thu, 06/06/2019 - 08:35
Around 1,800 jobs are being axed at insurance giant Aviva over the next three years as part of an overhaul to save £300m a year.

Norwegian Air's growth slows further in May

Thu, 06/06/2019 - 08:28
Norwegian Air's income per passenger grew in line with expectations in May while the overall growth in traffic continued to ease, the carrier's monthly traffic report showed today.

Chinese demand helps Remy's profits beat forecasts

Thu, 06/06/2019 - 08:23
Remy Cointreau handed investors a special dividend of €1 per share after its annual operating profits rose by a stronger-than-expected 14.2%, helped by cost controls and robust demand for its premium cognacs in China.

Service sector activity rebounds in May - PMI

Thu, 06/06/2019 - 08:15
The country's services sector expanded sharply in May, easing fears that business activity could moderate amid a global slowdown, a survey showed today.

Fiat Chrysler withdraws offer of merger with Renault

Thu, 06/06/2019 - 08:12
Italian-American carmaker Fiat Chrysler said today it had withdrawn a proposal for a merger with Renault, saying it would be unable to reach an agreement with the French government.

Carbon taxes impact emissions, income equality - ESRI

Thu, 06/06/2019 - 03:15
New research into the effectiveness of carbon taxes has found that they have an impact on both emissions and income inequality.

ESB CEO says company fallen short of its standards

Thu, 06/06/2019 - 01:00
ESB chief executive Pat Doherty has said the company has fallen short of the standards it set for itself, in light of the RTÉ Investigates revelations about the leaking of up to one million litres of oil from underground electricity cables.

Arcadia creditors meeting adjourned

Wed, 06/05/2019 - 18:39
The future of six stores here that are part of the Arcadia fashion group and which are earmarked for closure remains uncertain this evening after a creditors meeting in the UK was adjourned.

Bank of Ireland UK raises £350m

Wed, 06/05/2019 - 18:28
Bank of Ireland's UK subsidiary has raised £350m through its first wholesale funding transaction.

Tax revenue misses target in May as spending rises 8%

Wed, 06/05/2019 - 17:37
Tax revenues last month came in slightly under target, according to the latest exchequer returns, published this afternoon.

Sustainability, 'Blue Planet' and guilt: Our new way of shopping

Wed, 06/05/2019 - 17:12
As the second country to declare a climate emergency, Ireland is once again on the global stage when it comes to social and political issues.

Ashleaf Shopping Centre for sale for €10.75 million

Wed, 06/05/2019 - 16:14
The Ashleaf Shopping Centre in Crumlin in Dublin has come on the market with a price tag of €10.75 million.

JYSK to open three more shops here

Wed, 06/05/2019 - 15:54
Danish home retail brand, JYSK, is to open three more stores here this summer.