RTE Business

The chief executive of Eirgrid, Mark Foley, has stepped down from his role.

The High Court has formally wound up Ireland's only vinyl records manufacturer with the loss of over 20 jobs.

A woman who was hit with a bill for almost €330,000 in unpaid excise duties following the discovery of a large amount of smuggled fuel on her farm had the sum reduced by over €254,000 on appeal.

Retail sales in the US grew more than anticipated last month, government data showed today, defying predictions of weaker consumer demand.

Mobile phone operator Digicel has named Marcelo Cataldo as its new group chief executive, effective from May 1.

Euro zone inflation is heading to the European Central Bank's 2% target next year after a "bumpy" road that will see it hover near current levels for now, the ECB's chief economist Philip Lane said today.

BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets did not pay off, company sources said.

Goldman Sachs' profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment banking unit, it reported today.

A court has heard telecoms company Eir employed a deliberate policy aimed at preventing customers from logging complaints.

Tesla will lay off more than 10% of its workforce, tech publication Electrek reported today, citing an internal memo, as the top auto-maker struggles with soft demand for its electric vehicles in a highly competitive market.

The cost of agricultural inputs such as fertilisers and feed have fallen sharply in the 12 months to February, new figures from the Central Statistics Office show.

BNP Paribas, the euro zone's biggest bank, has agreed to buy a 9% stake in the Belgian insurer Ageas from China's Fosun Group for about €730m, a deal that will make BNPP Ageas' biggest shareholder.

Airport operator daa said today that the rollout of new and improved security scanning technology at Dublin Airport will continue over the coming months.

Businessman Paul Coulson's Ardagh packaging group has moved to refinance up to $1bn worth of debt.

German airline Lufthansa has offered concessions aimed at securing EU antitrust approval for its acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission website shows.

Thousands of VHI policy holders are facing into having to choose new policies in the months ahead, as the insurer plans to retire a number of its most popular plans.

Splitting work between home and workplace comes with unique characteristics, benefits and challenges

PDD Group's fast-fashion e-commerce retailer Temu is likely to be subject to tough EU online content rules that already apply to Meta Platforms, Google, Elon Musk's X and TikTok after its average monthly users in Europe rose above a key threshold.

The European Central Bank could cut interest rates more than three times this year and the reductions should not be held back if the US Federal Reserve delays its own cuts, Lithuanian policymaker Gediminas Simkus said today.

German manufacturers are no longer acutely affected by material shortages, with the supply situation almost back to how it was before the coronavirus pandemic, the Ifo economic institute said today.