https://www.rte.ie/news/business/en-ieRTÉ 2024-RTÉ Commercial Enterprises Ltd, Registration No: 155076, Donnybrook, Dublin 4, Ireland.Thu, 18 Jul 2024 10:13:38 +0100https://www.rte.ie/news/business/2024/0718/1460451-aer-lingus/Members of the Irish Airline Pilots Association will begin voting today on whether to accept or reject Labour Court proposals aimed at resolving a long-running pay dispute with Aer Lingus.Thu, 18 Jul 2024 00:01:00 +0100https://www.rte.ie/news/business/2024/0718/1460451-aer-lingus/Irelandhttps://www.rte.ie/news/business/2024/0718/1460469-ecb-not-expected-to-cut-interest-rates-any-further-today/The Governing Council of the European Central Bank (ECB) is expected to leave interest rates unchanged when it meets later today.Thu, 18 Jul 2024 05:00:00 +0100https://www.rte.ie/news/business/2024/0718/1460469-ecb-not-expected-to-cut-interest-rates-any-further-today/Businesshttps://www.rte.ie/news/business/2024/0718/1460475-survey-reveals-director-attitudes-to-diversity-policies/Diversity, equity and inclusion (DE&I) quotas should not be mandatory according to almost three out of every five directors.Thu, 18 Jul 2024 05:00:01 +0100https://www.rte.ie/news/business/2024/0718/1460475-survey-reveals-director-attitudes-to-diversity-policies/Businesshttps://www.rte.ie/news/business/2024/0718/1460522-eu-new-car-sales-rise-4-3-in-june-industry-body-acea/New car sales in the European Union rose 4.3% in June to their highest since July 2019, driven by an uptick in major markets Italy, Germany, and Spain, while registrations of battery electric cars fell marginally, data from Europe's auto industry body showed today.Thu, 18 Jul 2024 07:51:00 +0100https://www.rte.ie/news/business/2024/0718/1460522-eu-new-car-sales-rise-4-3-in-june-industry-body-acea/Businesshttps://www.rte.ie/news/business/2024/0718/1460548-datalex-agm/Airline e-commerce platform Datalex said it intends to launch a €25m equity fundraising in the early Autumn.Thu, 18 Jul 2024 09:59:41 +0100https://www.rte.ie/news/business/2024/0718/1460548-datalex-agm/Businesshttps://www.rte.ie/news/business/2024/0718/1460513-uk-wages-growth/Growth in wages for workers in Britain slowed in the three months to the end of May but remained at levels that would normally be too high for the Bank of England to keep inflation at its 2% target.Thu, 18 Jul 2024 07:05:03 +0100https://www.rte.ie/news/business/2024/0718/1460513-uk-wages-growth/Businesshttps://www.rte.ie/news/business/2024/0718/1460521-frasers-annual-results/Frasers, the British sportswear and apparel retailer that owns the Sports Direct brand, reported a 13.1% rise in annual profit and forecast more growth in its new financial year as it benefits from a plan to shift the group upmarket.Thu, 18 Jul 2024 07:40:50 +0100https://www.rte.ie/news/business/2024/0718/1460521-frasers-annual-results/Businesshttps://www.rte.ie/news/business/2024/0718/1460551-penneys-opens-new-bray-store/The new Penneys store in Bray in Co Wicklow was officially opened today after an investment worth over €4m by the retailer.Thu, 18 Jul 2024 10:10:04 +0100https://www.rte.ie/news/business/2024/0718/1460551-penneys-opens-new-bray-store/Businesshttps://www.rte.ie/news/business/2024/0718/1460434-comms-agency-360-rebrands-to-finn-partners-ireland/Irish-based communications agency 360 has officially become FINN Partners Ireland following its acquisition in 2021.Thu, 18 Jul 2024 05:00:00 +0100https://www.rte.ie/news/business/2024/0718/1460434-comms-agency-360-rebrands-to-finn-partners-ireland/Businesshttps://www.rte.ie/news/business/2024/0718/1460514-nokia-quarterly-results/Finnish telecom equipment maker Nokia said today that its operating profit fell 32% in the second quarter because of continued weak demand for 5G telecom equipment but forecast a demand improvement in the second half.Thu, 18 Jul 2024 07:07:55 +0100https://www.rte.ie/news/business/2024/0718/1460514-nokia-quarterly-results/Businesshttps://www.rte.ie/news/business/2024/0718/1460539-globallogic-expands-on-island-of-ireland/Digital engineering company GlobalLogic, a Hitachi Group company, is expanding its presence on the island of Ireland as it opens a new office in Newry, Co Down.Thu, 18 Jul 2024 08:37:44 +0100https://www.rte.ie/news/business/2024/0718/1460539-globallogic-expands-on-island-of-ireland/Businesshttps://www.rte.ie/news/business/2024/0718/1460524-renault-half-year-results/French automaker Renault said today that its first-half sales volume rose 1.9% compared to the same period a year earlierdue to strong performance of its hybrids in Europe, its key region.Thu, 18 Jul 2024 07:59:25 +0100https://www.rte.ie/news/business/2024/0718/1460524-renault-half-year-results/Businesshttps://www.rte.ie/news/business/2024/0718/1460526-royal-mail-owner-results/International Distribution Services (IDS), the owner of Britain's Royal Mail, has today reported an 8.2% rise in revenue for the first quarter of fiscal 2025, supported by strong parcel demand and more postal votes during the UK elections.Thu, 18 Jul 2024 08:04:05 +0100https://www.rte.ie/news/business/2024/0718/1460526-royal-mail-owner-results/Businesshttps://www.rte.ie/news/business/2024/0718/1460518-italy-opens-google-probe/Italy's antitrust agency has launched an investigation into online search giant Google and its parent company Alphabet over alleged unfair commercial practices, the regulator said today.Thu, 18 Jul 2024 07:20:36 +0100https://www.rte.ie/news/business/2024/0718/1460518-italy-opens-google-probe/Businesshttps://www.rte.ie/news/business/2024/0718/1460516-tsmc-quarterly-results/TSMC has today posted a 36% jump in second-quarter net profit that beat market expectations as the Taiwanese chipmaker rides a wave of demand for semiconductors used in artificial intelligence applications.Thu, 18 Jul 2024 07:14:25 +0100https://www.rte.ie/news/business/2024/0718/1460516-tsmc-quarterly-results/Businesshttps://www.rte.ie/news/business/2024/0718/1460537-suez-canal-revenue-drops-as-some-shippers-shun-red-sea/The Suez Canal's annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by Iran-aligned Houthis in the Red Sea.Thu, 18 Jul 2024 08:25:41 +0100https://www.rte.ie/news/business/2024/0718/1460537-suez-canal-revenue-drops-as-some-shippers-shun-red-sea/Businesshttps://www.rte.ie/news/business/2024/0717/1460348-cso-residential-property-prices/The annual rate of increase in the price of homes around the country picked up further in pace in May, new data from the Central Statistics Office shows.Wed, 17 Jul 2024 11:39:18 +0100https://www.rte.ie/news/business/2024/0717/1460348-cso-residential-property-prices/Businesshttps://www.rte.ie/news/business/2024/0717/1460294-uk-inflation-figures/British inflation held at 2% last month, defying forecasts for a slight fall, and underlying price pressures persisted, maintaining uncertainty about the date of the Bank of England's first interest rate cut since 2020.Wed, 17 Jul 2024 07:10:17 +0100https://www.rte.ie/news/business/2024/0717/1460294-uk-inflation-figures/Businesshttps://www.rte.ie/news/business/2024/0717/1460232-strong-rebound-in-dublin-office-lettings-but-vacancy-up/There has been a strong rebound in Dublin office lettings, but a surge in supply in driving vacancy rates higher.Wed, 17 Jul 2024 05:00:00 +0100https://www.rte.ie/news/business/2024/0717/1460232-strong-rebound-in-dublin-office-lettings-but-vacancy-up/Businesshttps://www.rte.ie/news/2024/0717/1460254-aer-lingus/Aer Lingus is resuming a full service following the cancellation of 610 flights over the last three weeks due to industrial action by pilots.Wed, 17 Jul 2024 03:19:03 +0100https://www.rte.ie/news/2024/0717/1460254-aer-lingus/Irelandhttps://www.rte.ie/news/courts/2024/0717/1460465-manager-breakdown/The general manager of an international company based in Ireland has told the High Court that he suffered an acute mental breakdown due to an unmanageable workload and work stress.Wed, 17 Jul 2024 20:13:20 +0100https://www.rte.ie/news/courts/2024/0717/1460465-manager-breakdown/Courtshttps://www.rte.ie/news/politics/2024/0717/1460477-dual-use-products-israel/Ireland exported €53 million worth of dual-use products to Israel between October and June, the Department of Enterprise has confirmed.Wed, 17 Jul 2024 20:54:15 +0100https://www.rte.ie/news/politics/2024/0717/1460477-dual-use-products-israel/Politicshttps://www.rte.ie/news/business/2024/0717/1460406-brown-bag-films-results/A spend of €2.06m in redundancy payments resulted in multi-award winning animation studio firm Brown Bag Films recording pre-tax losses of €1.14m last year.Wed, 17 Jul 2024 14:17:29 +0100https://www.rte.ie/news/business/2024/0717/1460406-brown-bag-films-results/Businesshttps://www.rte.ie/news/business/2024/0717/1460426-council-refuses-planning-for-luxury-dublin-guesthouse/Dublin City Council has refused planning permission for a new luxury seven storey guesthouse planned for Lower Baggot Street.Wed, 17 Jul 2024 15:38:01 +0100https://www.rte.ie/news/business/2024/0717/1460426-council-refuses-planning-for-luxury-dublin-guesthouse/Businesshttps://www.rte.ie/news/business/2024/0717/1460376-lane7-bowling-and-entertainment-venue-to-open-in-dundrum/Dundrum Town Centre in Dublin is to get a new bowling alley, along with new entertainment and leisure attractions.Wed, 17 Jul 2024 12:16:25 +0100https://www.rte.ie/news/business/2024/0717/1460376-lane7-bowling-and-entertainment-venue-to-open-in-dundrum/Businesshttps://www.rte.ie/news/business/2024/0717/1460265-diversity-inclusion-workplaces-study/Organisations across Ireland have shown improvements in fostering diverse and inclusive workplace cultures in the last two years, according to a study.Wed, 17 Jul 2024 00:01:00 +0100https://www.rte.ie/news/business/2024/0717/1460265-diversity-inclusion-workplaces-study/Businesshttps://www.rte.ie/news/business/2024/0717/1460368-galway-based-medical-device-firm-loci-raises-12-8m/A Galway based clinical stage orthopaedic medical device company has raised €12.8m in funding.Wed, 17 Jul 2024 11:55:35 +0100https://www.rte.ie/news/business/2024/0717/1460368-galway-based-medical-device-firm-loci-raises-12-8m/Businesshttps://www.rte.ie/news/business/2024/0717/1460339-pernod-ricard-to-sell/Pernod Ricard said today it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits.Wed, 17 Jul 2024 10:46:25 +0100https://www.rte.ie/news/business/2024/0717/1460339-pernod-ricard-to-sell/Businesshttps://www.rte.ie/brainstorm/2024/0717/1460313-climate-change-extreme-weather-insurance-energy/The destruction and damage caused by future storms, flooding and heatwaves will have a massive impact on both sectorsWed, 17 Jul 2024 12:31:45 +0100https://www.rte.ie/brainstorm/2024/0717/1460313-climate-change-extreme-weather-insurance-energy/Climate Changehttps://www.rte.ie/news/business/2024/0717/1460295-gdpr-digital-rules/Just 15% of businesses here say they are fully compliant with the European Union's General Data Protection Regulation (GDPR) rules.Wed, 17 Jul 2024 07:11:07 +0100https://www.rte.ie/news/business/2024/0717/1460295-gdpr-digital-rules/Businesshttps://www.rte.ie/news/business/2024/0717/1460357-uk-union-fails-to-win-recognition-at-amazon-site/A British union has narrowly failed to secure the right to formally represent workers at an Amazon warehouse, with staff rejecting the chance to become the first site outside the US to force the ecommerce company to negotiate labour terms.Wed, 17 Jul 2024 11:25:28 +0100https://www.rte.ie/news/business/2024/0717/1460357-uk-union-fails-to-win-recognition-at-amazon-site/Businesshttps://www.rte.ie/news/business/2024/0717/1460302-approval-for-sses-first-solar-project-in-ireland/SSE Renewables has been granted planning permission for a solar farm on lands near its existing 18 turbine Richfield Wind Farm at Bridgetown in Co Wexford.Wed, 17 Jul 2024 08:17:39 +0100https://www.rte.ie/news/business/2024/0717/1460302-approval-for-sses-first-solar-project-in-ireland/Businesshttps://www.rte.ie/news/business/2024/0717/1460431-calls-for-uk-government-to-block-sheins-london-listing/A new campaign backed by British retail consultant and television personality Mary Portas has launched an online petition calling on the new Labour government to block fast fashion retailer Shein from listing its shares in London.Wed, 17 Jul 2024 15:52:37 +0100https://www.rte.ie/news/business/2024/0717/1460431-calls-for-uk-government-to-block-sheins-london-listing/Businesshttps://www.rte.ie/news/business/2024/0717/1460325-bytedance-loses-eu-gatekeeper-case/TikTok owner ByteDance has today lost its court challenge against its designation as a gatekeeper under landmark European Union rules, in a boost for antitrust regulators seeking to curb the power of Big Tech.Wed, 17 Jul 2024 09:46:25 +0100https://www.rte.ie/news/business/2024/0717/1460325-bytedance-loses-eu-gatekeeper-case/Businesshttps://www.rte.ie/news/business/2024/0717/1460409-eu-funding-for-cork-and-dublin-ports/Cork and Dublin ports are set to receive multi-million euro grants in EU funding for sustainable, safe and smart transport infrastructure.Wed, 17 Jul 2024 14:34:03 +0100https://www.rte.ie/news/business/2024/0717/1460409-eu-funding-for-cork-and-dublin-ports/Businesshttps://www.rte.ie/brainstorm/2024/0716/1460194-concerts-consumer-rights-nicki-minaj-dublin/The controversy around Nicki Minaj's recent Dublin concert raises questions about our consumer rights when we buy concert ticketsTue, 16 Jul 2024 14:23:58 +0100https://www.rte.ie/brainstorm/2024/0716/1460194-concerts-consumer-rights-nicki-minaj-dublin/Consumer Rightshttps://www.rte.ie/news/business/2024/0717/1460428-fed-getting-closer-to-rate-cuts-top-officials-say/Top US Federal Reserve officials today touted interest rate cuts as getting "closer" after taking note of inflation's improved trajectory and a labor market now in better balance, remarks that appear to set the stage for a first reduction at the central bank's meeting in September.Wed, 17 Jul 2024 15:46:40 +0100https://www.rte.ie/news/business/2024/0717/1460428-fed-getting-closer-to-rate-cuts-top-officials-say/Businesshttps://www.rte.ie/news/business/2024/0717/1460388-johnson-johnston-quarterly-results/Johnson & Johnson has today beaten estimates for second-quarter profit and revenue, driven by strong sales of its drugs, including cancer treatment Darzalex and blockbuster psoriasis drug Stelara.Wed, 17 Jul 2024 12:56:07 +0100https://www.rte.ie/news/business/2024/0717/1460388-johnson-johnston-quarterly-results/Businesshttps://www.rte.ie/news/business/2024/0717/1460372-revoluts-june-spending-report/Two busy weekends, a rise in domestic and international tourism and the start of the school holidays saw spending rise across multiple sectors of the economy in June, new figures from online bank Revolut show today.Wed, 17 Jul 2024 12:08:13 +0100https://www.rte.ie/news/business/2024/0717/1460372-revoluts-june-spending-report/Businesshttps://www.rte.ie/news/business/2024/0717/1460296-disruptions-to-container-shipping-via-red-sea-expanding/Denmark's AP Moller-Maersk said today that disruption to its container shipping via the Red Sea had extended beyond trade routes in the far east of Europe to its entire global network.Wed, 17 Jul 2024 07:16:41 +0100https://www.rte.ie/news/business/2024/0717/1460296-disruptions-to-container-shipping-via-red-sea-expanding/Business