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RTE Business News

Irish borrowing costs edge lower

Thu, 09 Sep 2010 17:48:27 +0100

The cost to the State of borrowing money on international markets has begun falling, helped by an earlier successful acution of short-term debt.

First yearly rise in inflation since 2008

Thu, 09 Sep 2010 15:54:24 +0100

New figures show that consumer prices rose by 0.2% in August compared with the same time last year.

New measures may be needed - OECD

Thu, 09 Sep 2010 12:42:00 +0100

The OECD has warned that the world economic recovery is slowing down more quickly than expected.

Forum hears 5-year wage freeze call

Thu, 09 Sep 2010 15:21:43 +0100

The boss of Glen Dimplex says a five-year wage freeze is needed for Ireland to regain competitiveness.

Schering-Plough looking for 160 job cuts

Thu, 09 Sep 2010 15:03:12 +0100

The workforce at the Schering-Plough pharmaceutical plant in West Cork is to be cut by 160.

Step up budget checks, says Trichet

Thu, 09 Sep 2010 18:50:51 +0100

The European Central Bank chief has called for a 'quantum leap' in budget checks on euro zone nations.

Banks hit Irish competitiveness ranking

Thu, 09 Sep 2010 13:52:17 +0100

A report has placed Ireland bottom of a list of 139 countries worldwide for the state of its banks.

EU drawing up new corporation tax plans

Thu, 09 Sep 2010 12:27:26 +0100

The European Commission is drawing up plans on the way corporation tax is co-ordinated across the EU.

US jobless claims fall again

Thu, 09 Sep 2010 14:39:21 +0100

The number of Americans filing new claims for jobless benefits fell faster than expected last week.

Lenihan says Anglo plan will bring certainty

Thu, 09 Sep 2010 18:53:21 +0100

The Finance Minister says the Anglo plan is not a 'silver bullet' in creating confidence in the banking industry.

Aer Lingus 'has stopped copying Ryanair'

Thu, 09 Sep 2010 18:16:24 +0100

The chief executive of Aer Lingus has said he expects demand for air travel to stay depressed into next year.

UK rates on hold for 18th month in a row

Thu, 09 Sep 2010 12:17:52 +0100

The Bank of England kept its emergency support for the UK economy by keeping rates at 0.5% for the 18th month in a row.

Deloitte & Monghan's Shabra seeking new staff

Thu, 09 Sep 2010 10:58:01 +0100

Deloitte Ireland is currently recruiting for up to 200 positions across the firm.

UCD-based Socowave wins €3m funding

Thu, 09 Sep 2010 13:11:54 +0100

A company based at NovaUCD has secured €3m in funding from investors led by Balderton Capital.

UK watchdog hits Goldman Sachs with fine

Thu, 09 Sep 2010 11:43:24 +0100

A British watchdog hit Wall Street bank Goldman Sachs with a huge fine of £17.5m sterling today.

German inflation slows to 1% in August

Thu, 09 Sep 2010 10:48:54 +0100

German inflation slowed slightly in August, official data confirmed today.

Regulator fines two insurance firms

Thu, 09 Sep 2010 12:53:01 +0100

The Financial Regulator has fined two insurance companies €26,600 each.

Petroneft half-yearly losses increase

Thu, 09 Sep 2010 13:03:54 +0100

Exploration company Petroneft Resources has reported a net loss of $5.3m for the six months to June.

Morning business news - September 9

Thu, 09 Sep 2010 11:22:06 +0100

Sweden used to be the bad word in world banking, but that has now changed to Ireland.

Today in the press

Thu, 09 Sep 2010 10:52:16 +0100

Some 21 months after the nationalisation of Anglo Irish Bank, the Government has finally decided what it wants to do with Ireland’s most toxic bank.

5.30pm Markets Update

Thu, 09 Sep 2010 17:39:56 +0100

European stock markets rallied this evening as investors welcomed new data from the US.

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