RTE Business

Pre-tax profits at the four-star Clarence hotel in Dublin's Temple Bar last year increased more than three fold to €1.43 million.

Volkswagen is considering closing factories in Germany for the first time, in a move that shows the pressure Europe's top carmaker is facing from cheap Asian competition.

Co-op Tirlán is proposing to spin-out around 15 million shares in Glanbia plc worth €239m to its members.

New legislation has been published which will allow Microfinance Ireland (MFI) increase its lending limit to microenterprises from €25,000 to €50,000.

Just over 15,000 new electric vehicles have been sold so far this year, down over 25% on the same period last year.

Minister for Transport Eamon Ryan has said the Office of Public Works has questions to answer after it emerged that a bicycle shed installed at Leinster House last year cost an estimated €335,000.

A waiter who said he was threatened with sacking after complaining to his employer that he had been denied thousands of euro worth of cash tips is to receive €7,000 under the terms of a tribunal recommendation.

The second quarter of the year saw Irish firms win the second highest level of venture capital funding on record.

The Minister for Finance is in London today to meet Britain's Chancellor of the Exchequer.

Some 10,000 US hotel workers began a multi-day strike in several cities after contract talks with hotel operators Marriott International, Hilton Worldwide and Hyatt Hotels stalled, the Unite Here union said.

A major expansion of the jetty at Shannon Foynes Port, which will position it to become an international logistics location of scale, is being formally opened today.

Chartered Accountants Ireland and CPA Ireland have started to operate as one institute under the Chartered Accountants Ireland brand.

The Central Statistics Office said today that its Census Pilot Survey will take place in 44 locations across the country during September.

European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fearing a recession and others focusing on lingering inflation pressures, sources close to the debate said.

The Sinn Féin plan's defining characteristic is that it proposes to significantly increase State spending to tackle the housing crisis.

A summit to address the country's national competitiveness is being held today at Government Buildings.

Euro zone manufacturing activity remained mired in contraction in August, a survey showed today, with the data suggesting a recovery could be some way off as demand fell at its sharpest pace this year.

Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending, according to a source familiar with the matter.

Asian factories, including China's manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm demand, private surveys showed today, but economic headwinds loom.

Cara Partners, a member of Germany's Schwabe Group, has announced a €130m modernisation and expansion plan for its Little Island Facility in Cork.