RTE Business

Subscribe to RTE Business feed
Updated: 2 hours 59 min ago

Bar worker let go at 71 wins €30k for age discrimination

Wed, 02/19/2025 - 14:52
A veteran employee of the Hairy Lemon pub in Dublin has won €30,000 for discriminatory dismissal on the grounds of age.

Desmonds' Five Guys restaurant franchise back in profit

Wed, 02/19/2025 - 14:08
The company behind the Five Guys restaurant franchise here last year returned to profit as it recorded post tax profits of €54,816.

Electric vehicle maker Nikola goes bankrupt

Wed, 02/19/2025 - 13:47
Nikola said today it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle maker to stumble after grappling with tepid demand, rapid cash burn and funding challenges.

Housing stock levels fall to record low

Wed, 02/19/2025 - 13:27
New data reveals that housing stock levels across the country have dropped to a record low.

UK house prices rise by most in nearly two years - ONS

Wed, 02/19/2025 - 12:40
British house prices rose at their fastest pace in almost two years in the 12 months to December, according to official data published today that added to signs of a recovery in the housing market.

Apple to launch new lower-cost iPhone for broader market

Wed, 02/19/2025 - 12:13
Apple is set to launch its latest budget iPhone model as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from rivals such Samsung and China's Huawei.

ECB getting closer to rate cut pause, Schnabel says

Wed, 02/19/2025 - 11:53
The European Central Bank is getting closer to a pause in interest cuts since it is no longer clear that policy remains restrictive and energy price surges raise inflation risks, ECB board member Isabel Schnabel has said.

Annual house price growth slows to 8.7% in December - CSO

Wed, 02/19/2025 - 11:21
Residential property prices grew by 8.7% in the year to December, marking a slowdown from a revised 9.6% growth seen in the previous month, new figures from the Central Statistics Office show today.

Tariff threats pave way to gold's all-time high

Wed, 02/19/2025 - 10:54
Gold prices advanced to an all-time high today as trade war tensions and concerns over global economic growth drove safe-haven flows following US President Donald Trump's new tariff threats.

IDA Ireland plans 75,000 new jobs over next five years

Wed, 02/19/2025 - 10:30
The chairman of IDA Ireland has said the current environment is the "most tumultuous" it has ever faced.

Borrowing strain hits Q1 profit at Australia's NAB

Wed, 02/19/2025 - 09:39
National Australia Bank, the country's biggest business lender, said today that first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments, sending its shares tumbling.

Monaghan's Nuremore Hotel sold to consortium

Wed, 02/19/2025 - 09:24
The landmark Nuremore Hotel & Country Club in Carrickmacross in Co Monaghan has been sold to a consortium of investors led by the well-known family of hoteliers, the McGettigans.

Petrol and diesel prices continue to rise in February

Wed, 02/19/2025 - 09:14
Petrol and diesel prices rose again in February, the latest AA Ireland Fuel Survey reveals.

Airport Hopper services end due to financial difficulties

Wed, 02/19/2025 - 08:56
The airport hopper bus services between Maynooth and Tallaght and Dublin Airport have ceased due to financial difficulties, the operator has confirmed.

Orders for BAE Systems hit record as 'complex' threats up

Wed, 02/19/2025 - 08:32
BAE Systems said it had secured £33.7 billion of orders in 2024, taking its backlog to a record, reflecting strong demand for combat vehicles and advancements in fighter jet, submarine and frigate programmes.

Philips' losses worse than expected in 2024

Wed, 02/19/2025 - 07:59
Philips has today posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a damaging recall of faulty sleep machines.

Trump has upended Europe-US relations, says Ribera

Wed, 02/19/2025 - 07:46
The EU's competition chief says US President Donald Trump has upended the "trustful relationship" between the US and Europe, and that Brussels should focus on providing the predictability and stability that is lacking in Washington.

HSBC unveils share buyback and cost cut targets

Wed, 02/19/2025 - 07:35
HSBC has today posted annual profit that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the Asia-focused bank to boost returns.

Trump says to introduce 25% tariffs on cars, pharma

Wed, 02/19/2025 - 07:27
US President Donald Trump has said he intends to impose auto tariffs "in the neighbourhood of 25%" and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.

UK inflation increases to 3% in January - ONS

Wed, 02/19/2025 - 07:15
British inflation sped up by more than expected to hit a 10-month high of 3% in January and it is likely to rise further soon, testing the Bank of England's confidence that price pressures are on a downward path over the longer term.

Pages