RTE Business

The proposed EU Savings & Investment Union will empower consumers with more choice and flexibility to achieve their financial goals, according to the chair of Financial Services Ireland.

The Kilcullen Business Post Group has completed the acquisition of the Irish Management Institute from University College Cork.

US chipmaker Intel is sparring with EU antitrust regulators over a €376m fine levied nearly two years ago for excluding rivals from the market, arguing that it was disproportionate and unfair.

Wegovy and Ozempic-maker Novo Nordisk said today its CEO Lars Fruergaard Jorgensen will step down over concerns the company is losing its first-mover advantage in the highly competitive obesity drug market.

Microsoft has offered to sell its Office product without Teams at a lower price than Office with Teams as well as offer rivals better interoperability access to its services and products, EU antitrust regulators said today.

New figures from the Central Statistics Office show that 79.8% of people said they got information on news and current affairs from TV or radio on a typical day in 2023.

UK toy firm Character Group said its trading in the US remains "uncertain" after pausing the shipment of Chinese-made products to the country over tariffs.

Sky has said that a technical issue with its Sky Q TV service, which affected some customers in Ireland and the UK, has now been resolved.

Oil prices extended declines today under increased supply pressure from an OPEC+ output hike and the prospect of an Iranian nuclear deal, yet are heading for a second consecutive weekly gain due to easing US-China trade tensions.

European Central Bank interest rates may be close to bottoming out but uncertainty was high and the environment was prone to sudden changes that could also alter the policy outlook, ECB policymaker Martins Kazaks said today.

The UK has suffered the biggest fall in billionaires on record after Chancellor Rachel Reeves' non-dom tax crackdown, according to the Sunday Times Rich List.

Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told Reuters, its first in the country, in a move that could reduce its exposure to unpredictable US-China trade tensions.

Reinsurance company Swiss Re said today that net profit for the first quarter rose a better-than-expected 16%, despite claims of $570m from deadly wildfires in Los Angeles earlier this year.

Adidas shareholders have approved the re-election of Chairman Thomas Rabe despite a revolt, with some investors saying Rabe had too many outside commitments and the company had not done enough to find a successor.

Meta Platforms is delaying the release of its flagship "Behemoth" AI model due to concerns about its capabilities, the Wall Street Journal has reported, citing people familiar with the matter.

Cartier owner Richemont has today reported a slightly better-than-expected 7% rise in quarterly sales as weaker demand in Asia was offset by brisk business in the US where wealthy shoppers shrugged off economic uncertainty and continued to splash out on luxury jewellery.

Japan's economy contracted by 0.2% between January and March, the first quarterly drop in a year, according to cabinet office data released today.

An off-grid micro-distillery has opened on Lambay Island, three miles off the coast of Dublin.

A record €2.5 billion worth of personal loans were drawn down last year.

Retail sales in the US were near-flat in April, government data showed today, held back by car sales and those at gasoline stations, while consumers remained jittery about President Donald Trump's economic policies.