RTE Business

Subscribe to RTE Business feed
Updated: 1 hour 58 min ago

Ulster Bank staff vote to accept pay deal

Thu, 01/18/2024 - 16:20
Ulster Bank staff in the Republic of Ireland and in Northern Ireland, who are members of the Financial Services Union (FSU), have voted in favour of a pay deal.

Aer Lingus looks to stall Ryanair plans for €40m hangar

Thu, 01/18/2024 - 15:55
Aer Lingus is looking to stall plans by rival Ryanair to construct its permitted €40m state-of-the-art four bay aircraft maintenance hangar at Dublin airport.

Number of new homes under construction hits record high

Thu, 01/18/2024 - 15:47
Building work began on 32,801 new homes last year, the highest number on record, new data shows.

MoCo cuts mortgage rates as it bids to build share

Thu, 01/18/2024 - 15:05
New entrant into the Irish mortgage market, MoCo, has cut its interest rates as it bids to build market share and take business from larger more established lenders.

Reddit seeks to launch IPO in March - sources

Thu, 01/18/2024 - 14:19
Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter.

Oil prices rise on strong IEA and OPEC demand estimates

Thu, 01/18/2024 - 14:06
Oil prices rose today as the IEA joined producer group OPEC in forecasting relatively strong growth in global oil demand this year, with price impetus also coming from disruption to US output and geopolitical risks in the Middle East.

High borrowing costs warranted for 'some time' - ECB

Thu, 01/18/2024 - 13:58
European Central Bank policymakers meeting last month appeared confident that inflation was back to target but saw plenty of risks that still warranted steady policy and high borrowing costs, the accounts of the December policy meeting showed today.

EU agrees on tougher carbon curbs for trucks and buses

Thu, 01/18/2024 - 13:52
Negotiators from European Union member states and the European Parliament have agreed tougher emission standards for trucks and buses, phased in between 2030 and 2040.

EML shares jump on decision to liquidate PCSIL

Thu, 01/18/2024 - 13:50
Australian payments firm, EML Payments, saw its shares jump after news emerged that joint provisional liquidators had been appointed to its Irish prepaid cards unit, PFS Card Services Ireland Ltd (PCSIL).

Irish company to build 'world's tallest moving statue'

Thu, 01/18/2024 - 13:25
Irish company Giant Company Attractions has secured a contract to build a giant visitor attraction in the US which is described as the 'world's tallest moving statue'.

Gaza war to slow Middle East economies, Davos hears

Thu, 01/18/2024 - 13:05
The war in Gaza will hit economies across the Middle East if it is not resolved and the conflict urgently needs a non-military solution, Qatar's finance minister told Reuters.

Stamp duty on block-buying homes to be reviewed

Thu, 01/18/2024 - 13:00
Minister for Housing Darragh O'Brien has told the Dáil that the 10% stamp duty rate, which is applicable to international investors who buy more than 10 residential properties, will be reviewed.

Ryanair to resume flights to Tel Aviv on February 1

Thu, 01/18/2024 - 12:57
Ryanair said today it will resume flights to and from Israel on February 1, citing EASA guidance and the resumption of flights by other European carriers.

Circle K and IONITY expand high-power chargers network

Thu, 01/18/2024 - 11:48
Forecourt retailer Circle K and high-power charging network IONITY are increasing the number of high-power EV chargers across the Circle K network in Ireland.

Penneys launches first adaptive lingerie collection

Thu, 01/18/2024 - 11:28
Penneys said today it is aiming to make adaptive fashion more accessible and affordable with the launch of its first adaptive lingerie collection.

Fuel prices see fourth monthly drop in a row - AA

Thu, 01/18/2024 - 11:16
Petrol and diesel prices saw small decreases again this month - the fourth month in a row of cheaper prices - the latest AA Ireland monthly Fuel Price Survey shows.

Irish exporters advised to engage with freight carriers

Thu, 01/18/2024 - 11:03
Irish export businesses are being advised to engage with their freight carriers and look at their supply chains as disruption to shipping continues in the Red Sea.

Birkenstock's fewer discounts power sales beat

Thu, 01/18/2024 - 10:47
Birkenstock has today forecast 2024 revenue above estimates after beating analysts' expectations for fourth-quarter sales on higher pricing and strong demand, in the German luxury sandal maker's first results since going public.

AI buzzes Davos, CEOs wrestle with how to make it pay

Thu, 01/18/2024 - 09:48
Bright banners tout the promise of artificial intelligence along the main promenade of Davos, but executives at the World Economic Forum (WEF) say they are grappling with how to turn early demos into money-makers.

Davos: Bank CEOs worry about competition, economy

Thu, 01/18/2024 - 09:05
Bank CEOs meeting in private at the World Economic Forum have aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said.

Pages