Business News


BBC News - Business
BBC News - Business
UK government borrowing at 11-year low
Public sector borrowing between April and June fell to the lowest level since 2007.
Ryanair flight cancellations affect 4,000 people
The Irish low-cost airline is facing a series of walkouts by staff over working conditions.
Cadbury's Dairy Milk to offer low-sugar version
A new version of the famous bar will have almost a third less sugar, the owner of Cadbury announces
US faces retaliation if car tariffs go ahead
The US is considering tariffs on foreign cars but the EU, Mexico and Canada say they would retaliate.
Reality Check: The Brexit challenge for Irish trade
How much of Ireland's trade goes via ports in Great Britain?
James Packer: Australia tycoon quits boards amid focus on health
James Packer retreats from business life after a tumultuous period that affected him psychologically.
Poundworld to disappear from the High Street
The collapse means all 335 stores will have closed by 10 August with the loss of 5,100 jobs.
Japan's Kobe Steel indicted over quality scandal
Kobe Steel, which is Japan's third-largest steelmaker, first admitted to the wrongdoing last year.
Comcast likely to be new owner of Sky
The US cable TV giant Comcast is likely to be the new owner of Sky after a lengthy takeover battle.
Trump criticises US central bank's interest rate rises
Mr Trump says he is "not happy" with rising interest rates which he argues put the US at a disadvantage.
Business: BreakingNews.ie
Ireland's premier breaking news website providing up to the minute news and sports reports.
BT chief executive Gavin Patterson to step down later this year
The telecoms giant said broader reaction to its recent results signalled a need for change.
Business and union concern over universities
Employers and unions have added their voices to calls for an urgent Government response to the higher education funding crisis that sees universities continue their slide on international rankings this week.
Whitbread may eye sale of either Costa or Premier
Britain’s Whitbread is open to selling its Costa coffee chain or Premier Inn hotels and abandoning its original plan to spin-off the coffee business, according to a new executive pay scheme circulated to shareholders.
Irish stores avoid cull at crisis-hit House of Fraser
House of Fraser stores in Dublin and Belfast have escaped the cull that will see 31 of the department chain’s outlets close in Britain with the loss of 6,000 jobs — the latest wound in the UK high street crisis that has seen consumers turn away from traditional shopping.
Bulmers maker C&C increases bosses? pay by 15%
Drinks group C&C paid its executive directors a combined €2.53m last year, an increase of almost 15% on the previous year.
Google faces EU fine of ?2.4bn over Android phones
Google is expected to be hit with a second EU competition fine in mid-July for using its dominant Android mobile operating system to squeeze out rivals, according to three sources.
Optimism over economy is real and very positive
In the midst of some signs of an easing of eurozone growth so far in 2018, it is interesting to observe that almost all data releases are providing a very upbeat assessment of what is happening in the Irish economy.
Increase in top earners at aviation authority
Half of all the people working at the Irish Aviation Authority (IAA) now earn over €100,000, according to its accounts.
Beef Open Day beckons
The short-term outlook for beef prices in 2018 are good, but there will be significant challenges in the medium term around Brexit, CAP reform and climate change.
Mixed finish for US stocks as energy rises and tech drops
Some stocks that have struggled lately, including utilities, finished with gains.