Businesshttps://www.rte.ie/news/business/en-ieRTÉ 2025-RTÉ Commercial Enterprises Ltd, Registration No: 155076, Donnybrook, Dublin 4, Ireland.Tue, 24 Jun 2025 10:14:38 +0100Oil slumps as Iran-Israel ceasefire goes into effecthttps://www.rte.ie/news/business/2025/0624/1520002-oil-slumps-as-iran-israel-ceasefire-goes-into-effect/Oil prices fell sharply to their lowest in more than a week today as US President Donald Trump said a ceasefire has been agreed between Iran and Israel, alleviating worries of supply disruptions in the Middle East - a major oil-producing region.Tue, 24 Jun 2025 07:11:38 +0100https://www.rte.ie/news/business/2025/0624/1520002-oil-slumps-as-iran-israel-ceasefire-goes-into-effect/BusinessHSE says agreement reached on weekend rostershttps://www.rte.ie/news/health/2025/0624/1520019-hse-rosters/The Health Service Executive has said agreement has been reached with health unions on the introduction of an extended working day and week in the HSE and HSE funded agencies.Tue, 24 Jun 2025 08:29:11 +0100https://www.rte.ie/news/health/2025/0624/1520019-hse-rosters/HealthHow did Ireland become Europe's second most expensive country?https://www.rte.ie/brainstorm/2025/0624/1519913-ireland-costs-prices-eurostat-europe-economics-policies/We're near the top of this league table due to economic growth, rising demand, government policies and unique socio-geographic characteristicsTue, 24 Jun 2025 07:09:30 +0100https://www.rte.ie/brainstorm/2025/0624/1519913-ireland-costs-prices-eurostat-europe-economics-policies/Cost of Living71% of Irish consumers worry about the cost of foodhttps://www.rte.ie/news/business/2025/0624/1520025-pwc-2025-irish-and-global-voice-of-the-consumer-study/More Irish consumers are worried about the cost of food prices than their global counterparts, according to the PwC Irish Voice of the Consumer studyTue, 24 Jun 2025 08:55:03 +0100https://www.rte.ie/news/business/2025/0624/1520025-pwc-2025-irish-and-global-voice-of-the-consumer-study/BusinessNew guidance issued on EU cybersecurity ruleshttps://www.rte.ie/news/business/2025/0624/1520039-new-guidance-issued-on-eu-cybersecurity-rules/The National Cyber Security Centre (NCSC) has published new guidance to help organisations comply with new EU cybersecurity rules.Tue, 24 Jun 2025 10:14:38 +0100https://www.rte.ie/news/business/2025/0624/1520039-new-guidance-issued-on-eu-cybersecurity-rules/BusinessHopes Irish wool brand can help raise prices at farm gatehttps://www.rte.ie/news/ireland/2025/0624/1519972-irish-wool-brand-mark/Stakeholders across Ireland are working collaboratively to establish an Irish wool brand mark to create additional value for the product across the industry.Tue, 24 Jun 2025 06:00:00 +0100https://www.rte.ie/news/ireland/2025/0624/1519972-irish-wool-brand-mark/IrelandECB could still cut rates despite oil market volatilityhttps://www.rte.ie/news/business/2025/0624/1520006-ecb-could-still-cut-rates-despite-oil-market-volatility/The European Central Bank can further cut interest rates at a time of huge volatility in energy markets, policymaker Francois Villeroy de Galhau told the Financial Times in an interview published today.Tue, 24 Jun 2025 07:22:35 +0100https://www.rte.ie/news/business/2025/0624/1520006-ecb-could-still-cut-rates-despite-oil-market-volatility/BusinessUS safety agency contacts Tesla on robotaxi issueshttps://www.rte.ie/news/business/2025/0624/1520004-us-safety-agency-contacts-tesla-on-robotaxi-issues/The National Highway Traffic Safety Administration is seeking information from Tesla after reviewing online videos of a robotaxi allegedly using the wrong lane and of speeding by another driverless vehicle.Tue, 24 Jun 2025 07:14:41 +0100https://www.rte.ie/news/business/2025/0624/1520004-us-safety-agency-contacts-tesla-on-robotaxi-issues/BusinessIrish company D4H acquired by UK group EcoOnlinehttps://www.rte.ie/news/business/2025/0624/1520015-irish-company-dh4-acquired-by-uk-group-ecoonline/A software company which is based in the Baily Lighthouse in Howth in Dublin has been acquired by a UK group.Tue, 24 Jun 2025 09:02:53 +0100https://www.rte.ie/news/business/2025/0624/1520015-irish-company-dh4-acquired-by-uk-group-ecoonline/BusinessUK plans to increase control over Google in searchhttps://www.rte.ie/news/business/2025/0624/1520010-uk-plans-to-increase-control-over-google-in-search/Britain's competition regulator today said it was proposing to designate Google with "strategic market status" to give it greater control over how the US tech giant operates search services.Tue, 24 Jun 2025 07:30:30 +0100https://www.rte.ie/news/business/2025/0624/1520010-uk-plans-to-increase-control-over-google-in-search/BusinessBoots Ireland gets Probation Act over Black Friday priceshttps://www.rte.ie/news/courts/2025/0623/1519882-boots-black-friday/Boots Ireland has been spared a court conviction after admitting last month to breaking pricing laws during a 2023 Black Friday sale.Mon, 23 Jun 2025 12:39:29 +0100https://www.rte.ie/news/courts/2025/0623/1519882-boots-black-friday/CourtsBrexit the 'stupidest thing any country has ever done'https://www.rte.ie/news/business/2025/0623/1519905-brexit-the-stupidest-thing-any-country-has-ever-done/Billionaire Michael Bloomberg has told an audience in Dublin that Brexit was the single stupidest thing any country has ever done, adding that "it's hard to believe how they did it."Mon, 23 Jun 2025 14:14:39 +0100https://www.rte.ie/news/business/2025/0623/1519905-brexit-the-stupidest-thing-any-country-has-ever-done/BusinessHouse asking prices rose by average of 12% in last yearhttps://www.rte.ie/news/ireland/2025/0623/1519782-house-prices/Asking prices for houses have risen by an average of 12.3% to €357,851 in the past year, according to the latest Daft.ie House Price Report.Mon, 23 Jun 2025 00:01:08 +0100https://www.rte.ie/news/ireland/2025/0623/1519782-house-prices/IrelandMost workers expect pay rise this year - surveyhttps://www.rte.ie/news/business/2025/0623/1519831-pay-survey-frs/Six out of ten workers in Ireland expect a pay rise this year, according to a survey by FRS Recruitment.Mon, 23 Jun 2025 09:06:11 +0100https://www.rte.ie/news/business/2025/0623/1519831-pay-survey-frs/BusinessAverage farm income up 87% to just under €36,000https://www.rte.ie/news/business/2025/0623/1519861-average-farm-income-up-87-to-just-under-36-000/There was a substantial recovery in family farm incomes across all types of farming last year, according to a new report from Teagasc.Mon, 23 Jun 2025 11:17:39 +0100https://www.rte.ie/news/business/2025/0623/1519861-average-farm-income-up-87-to-just-under-36-000/BusinessOil prices choppy as investors weigh supply riskshttps://www.rte.ie/news/business/2025/0623/1519821-oil-prices-surge-to-five-month-high/Oil prices oscillated today, touching a five-month high before erasing most gains as oil and gas transit continued on tankers from the Middle East after US airstrikes against Iran at the weekend.Mon, 23 Jun 2025 08:17:14 +0100https://www.rte.ie/news/business/2025/0623/1519821-oil-prices-surge-to-five-month-high/BusinessWill Iran-Israel conflict mean a rise in Irish petrol prices?https://www.rte.ie/brainstorm/2025/0623/1519804-ireland-petrol-diesel-prices-iran-israel-united-states-strait-of-hormuz/Two key factors will determine if oil prices - and the price you pay for petrol and diesel - increase a little or rise a lot this weekMon, 23 Jun 2025 07:07:25 +0100https://www.rte.ie/brainstorm/2025/0623/1519804-ireland-petrol-diesel-prices-iran-israel-united-states-strait-of-hormuz/Petrol PricesTesla rolls out robotaxis in Texas testhttps://www.rte.ie/news/business/2025/0623/1519820-tesla-rolls-out-robotaxis-in-texas-test/Tesla deployed a small group of self-driving taxis picking up paying passengers on Sunday in Austin, Texas, with CEO Elon Musk announcing the "robotaxi launch" and social-media influencers posting videos of their first rides.Mon, 23 Jun 2025 08:11:15 +0100https://www.rte.ie/news/business/2025/0623/1519820-tesla-rolls-out-robotaxis-in-texas-test/BusinessEuro zone growth stalls in June with sluggish serviceshttps://www.rte.ie/news/business/2025/0623/1519838-euro-zone-growth-stalls-in-june-with-sluggish-services/The euro zone economy flatlined for a second month in June, barely expanding as the bloc's dominant services industry showed only a small sign of improvement and manufacturing displayed none at all, a survey showed today.Mon, 23 Jun 2025 09:43:34 +0100https://www.rte.ie/news/business/2025/0623/1519838-euro-zone-growth-stalls-in-june-with-sluggish-services/BusinessPandox Consortium increases stake in Dalata Hotel Grouphttps://www.rte.ie/news/business/2025/0623/1519879-pandox-consortium-increases-stake-in-dalata-hotel-group/The Pandox Consortium has increased its stake in Dalata Hotel Group.Mon, 23 Jun 2025 12:27:29 +0100https://www.rte.ie/news/business/2025/0623/1519879-pandox-consortium-increases-stake-in-dalata-hotel-group/BusinessAccountancy firm Ormsby & Rhodes acquires Ryan & Crowleyhttps://www.rte.ie/news/business/2025/0623/1519902-accountancy-firm-ormsby-rhodes-acquires-ryan-crowley/Ormsby & Rhodes, one of Ireland's oldest accountancy firms, has taken over Ryan & Crowley, an accountancy and advisory firm based in Dublin.Mon, 23 Jun 2025 14:06:40 +0100https://www.rte.ie/news/business/2025/0623/1519902-accountancy-firm-ormsby-rhodes-acquires-ryan-crowley/BusinessBus Eireann recorded €4.2m loss in 2024https://www.rte.ie/news/business/2025/0623/1519842-bus-eireann-recorded-4-2m-loss-in-2024/Bus Eireann has told the Labour Court that it has made a loss of €4.2m last year "and was projecting similar losses for 2025".Mon, 23 Jun 2025 09:48:48 +0100https://www.rte.ie/news/business/2025/0623/1519842-bus-eireann-recorded-4-2m-loss-in-2024/BusinessDCU experts work on wearable sensors for stroke patientshttps://www.rte.ie/news/dublin/2025/0623/1519783-dcu-sensors-research/Wearable sensors for stroke patients and chip-based cancer tumour simulations feature in a new €1 million transatlantic Dublin City University-Arizona State University research collaboration.Mon, 23 Jun 2025 06:01:00 +0100https://www.rte.ie/news/dublin/2025/0623/1519783-dcu-sensors-research/DublinPrada's brand CEO Gianfranco D'Attis to quithttps://www.rte.ie/news/business/2025/0623/1519833-pradas-brand-ceo-gianfranco-dattis-to-quit/Prada's brand CEO Gianfranco D'Attis will leave the Italian luxury firm at the end of the month by "mutual agreement".Mon, 23 Jun 2025 09:22:21 +0100https://www.rte.ie/news/business/2025/0623/1519833-pradas-brand-ceo-gianfranco-dattis-to-quit/BusinessEnforcement notice for daa over breach of passenger caphttps://www.rte.ie/news/ireland/2025/0620/1519520-airport-passenger-cap/Fingal County Council has issued an enforcement notice to the operators of Dublin Airport for breaching the cap of 32 million passengers a year.Fri, 20 Jun 2025 14:32:15 +0100https://www.rte.ie/news/ireland/2025/0620/1519520-airport-passenger-cap/IrelandHow secure is your banking app?https://www.rte.ie/news/business/2025/0622/1519521-how-secure-is-your-banking-app/Mobile banking is one of the most popular internet activities in Ireland.Sun, 22 Jun 2025 07:01:00 +0100https://www.rte.ie/news/business/2025/0622/1519521-how-secure-is-your-banking-app/BusinessPay cap scrapped: Will bankers' salaries skyrocket?https://www.rte.ie/news/business/2025/0621/1519534-banker-pay-cap-ends-big-payday-boom-incoming/More than 15 years after the banking collapse rocked the economy and public trust, the Government has lifted the long-standing cap on bankers' pay.Sat, 21 Jun 2025 05:00:00 +0100https://www.rte.ie/news/business/2025/0621/1519534-banker-pay-cap-ends-big-payday-boom-incoming/BusinessRap Battle: How Gilbert O'Sullivan changed hip hophttps://www.rte.ie/news/business/2025/0621/1519584-hip-hop-gilbert/Gilbert O'Sullivan has been a respected hit-maker since the 1970s – but less well-known is how his music forever reshaped the genre of hip hop, writes Adam Maguire.Sat, 21 Jun 2025 07:00:00 +0100https://www.rte.ie/news/business/2025/0621/1519584-hip-hop-gilbert/BusinessFirst time buyer homes and mortgages rise significantlyhttps://www.rte.ie/news/business/2025/0620/1519436-bpff-mortgage-report/One in three first time buyer (FTB) homes were valued over €400,000 in 2024, three times the 2019 share, according to the latest BPFI mortgage reportFri, 20 Jun 2025 08:56:25 +0100https://www.rte.ie/news/business/2025/0620/1519436-bpff-mortgage-report/BusinessShop cleared of discrimination over €68 payment in coinshttps://www.rte.ie/news/business/2025/0620/1519549-shop-cleared-of-discrimination-over-68-payment-in-coins/A supermarket has been cleared of discriminating against two children who were asked by a cashier if they had "anything larger" when they tried to pay for €68 worth of groceries with 10c and 20c coins.Fri, 20 Jun 2025 15:41:18 +0100https://www.rte.ie/news/business/2025/0620/1519549-shop-cleared-of-discrimination-over-68-payment-in-coins/BusinessMoneypoint to end burning coal after 40 yearshttps://www.rte.ie/news/2025/0620/1519429-moneypoint-power-station/The ESB is to cease burning coal at its Moneypoint Power station in Co Clare from today. The plant has been burning coal since it was set up 40 years ago.Fri, 20 Jun 2025 01:55:04 +0100https://www.rte.ie/news/2025/0620/1519429-moneypoint-power-station/Climate10% pay increase proposed for childcare workershttps://www.rte.ie/news/business/2025/0620/1519557-childcare-workers-pay/A 10% increase to minimum rates of pay has been proposed for early years educators and school-age childcare practitioners.Fri, 20 Jun 2025 16:21:32 +0100https://www.rte.ie/news/business/2025/0620/1519557-childcare-workers-pay/Business'No viable plan for us' - businesses at industrial estatehttps://www.rte.ie/news/regional/2025/0620/1519407-glasnevin-housing-plan/Businesses in an industrial estate on the northside of Dublin say they are facing an uncertain future due to Dublin City Council's plans to redevelop the area for housing.Fri, 20 Jun 2025 00:00:00 +0100https://www.rte.ie/news/regional/2025/0620/1519407-glasnevin-housing-plan/DublinPre-tax profits up 17% at McDonald's Irish operationshttps://www.rte.ie/news/business/2025/0620/1519517-pre-tax-profits-up-17-at-mcdonalds-irish-operations/Pre-tax profits at the Irish arm of US fast food giant McDonald's last year increased by 17% to €42.43m.Fri, 20 Jun 2025 12:54:21 +0100https://www.rte.ie/news/business/2025/0620/1519517-pre-tax-profits-up-17-at-mcdonalds-irish-operations/BusinessCork Airport wins best regional airport award againhttps://www.rte.ie/news/business/2025/0620/1519450-cork-airport-wins-key-award/Cork Airport has been named the "Best Airport in Europe (under 5 million passengers)" at the Airport Council International (ACI) EUROPE Best Airport Awards 2025.Fri, 20 Jun 2025 07:48:46 +0100https://www.rte.ie/news/business/2025/0620/1519450-cork-airport-wins-key-award/BusinessVenice divided over Amazon founder's weddinghttps://www.rte.ie/news/business/2025/0620/1519571-venice-divided-over-amazon-founders-wedding/Venice is divided ahead of next week's celebrity wedding of US tech-tycoon Jeff Bezos and Laura Sanchez, with some looking forward to the glitz and glamour, while others fear it will turn the scenic city of gondolas and palazzi into an amusement park.Fri, 20 Jun 2025 17:29:15 +0100https://www.rte.ie/news/business/2025/0620/1519571-venice-divided-over-amazon-founders-wedding/BusinessIreland's solar energy increases by 160% since 2023https://www.rte.ie/news/business/2025/0620/1519480-irish-solar-power/Ireland's solar energy increased by 49% in the last year and by 160% since 2023, new figures show today.Fri, 20 Jun 2025 09:58:46 +0100https://www.rte.ie/news/business/2025/0620/1519480-irish-solar-power/BusinessUK retail sales record biggest monthly drop since 2023https://www.rte.ie/news/business/2025/0620/1519446-uk-retail-sales/British retail sales volumes recorded their sharpest drop since December 2023 last month, as demand fell after shoppers splurged on food, summer clothes and home improvements the month before, official figures showed today.Fri, 20 Jun 2025 07:23:58 +0100https://www.rte.ie/news/business/2025/0620/1519446-uk-retail-sales/BusinessEU ministers back Bulgaria's euro adoption from 2026https://www.rte.ie/news/business/2025/0620/1519548-eu-ministers-back-bulgarias-euro-adoption-from-2026/European Union finance ministers gave formal support today for Bulgaria to adopt the euro currency, paving the way for the country to become the 21st member of the euro zone from January 1, 2026.Fri, 20 Jun 2025 15:24:23 +0100https://www.rte.ie/news/business/2025/0620/1519548-eu-ministers-back-bulgarias-euro-adoption-from-2026/BusinessGoogle Ireland opens new arts space at Bolands Millshttps://www.rte.ie/news/business/2025/0620/1519562-google-ireland-opens-new-arts-space-at-bolands-mills/Google Ireland has officially opened 'The Factory', a dedicated community arts and culture space located at Bolands Mills.Fri, 20 Jun 2025 16:44:51 +0100https://www.rte.ie/news/business/2025/0620/1519562-google-ireland-opens-new-arts-space-at-bolands-mills/Business