RTE Business

Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News has reported, citing a person familiar with the matter.

Reckitt, the maker of Dettol and Lysol cleaning products, has today missed first-quarter like-for-like net sales growth estimates, as fewer people bought its products in Europe and North America.

Britain's government borrowed almost £15 billion more in the financial year that just ended than official budget forecasters had estimated a month ago, according to data that heaped more pressure on the public finances.

US President Donald Trump has backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates.

Danone beat first-quarter sales expectations today, as strong demand in China for infant milk formula and medical nutrition products outpaced weakness in coffee creamers in a competitive US market.

Tesla CEO Elon Musk said he would cut back significantly the time he devotes to the Trump administration from next month and spend more time running his many companies.

Minister for Finance Paschal Donohoe is to travel to Washington DC for the 2025 Spring Meetings of the International Monetary Fund and World Bank.

Minister for Finance Paschal Donohoe is to travel to Washington DC for the 2025 Spring Meetings of the International Monetary Fund (IMF) and World Bank.

A further €360 million has been returned to the State by the Special Liquidators of the Irish Bank Resolution Corporation, the entity tasked with winding down Anglo Irish Bank and Irish Nationwide Building Society.

Marks & Spencer has apologised after its stores were impacted by a "cyber incident" in recent days.

Boeing said today it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.

An audit of an OPW-run scheme to support the arts found €2m left idle in an account, projects where it was unclear whether they had started or finished, and financial transfers made for more than the artwork cost.

The International Monetary Fund has sharply cut its growth forecasts for this year because of the disruption caused by the tariffs on imports introduced by the US.

Cash funds at the media firm owned by TV presenter, podcast host and model, Vogue Williams last year rocketed to €3.75m on the back of her successful podcast double act work with Joanne McNally.

Tesla investors are anxious to know if plans to roll out a cheaper car and a robotaxi service this year are on track, and whether CEO Elon Musk is ready to ditch his role in the Trump administration soon and get back to managing the company more closely.

Minister for Education Helen McEntee has said she wants talks between her department and the ASTI and TUI on Accelerated Senior Cycle Re-development completed by the beginning of May.

The Council of the Economic and Social Research Institute has appointed Professor Martina Lawless as its next director.

Baker Tilly said it will merge with Seattle's Moss Adams in a $7 billion deal that will create the sixth-largest advisory CPA firm in the US.

Plans by the French backed Power Capital Renewable Energy to construct a solar farm on lands close to Dualla village in south Tipperary have been stalled.

A State workplace watchdog has thrown out a worker's claim that the Irish arm of social media giant TikTok has not treated an employee's request for remote working in a lawful manner.