http://www.rte.ie/business/ Latest Irish and international news supplied by RTE.ie Copyright © RTÉ Tue, 07 Feb 2012 22:05:07 +0000 Tue, 07 Feb 2012 22:05:07 +0000 Business News http://www.rte.ie/images/logo_rss_goog.gif http://www.rte.ie Greek political parties have again delayed making the tough choice of accepting painful measures in return for a new international bail-out to avoid a chaotic default. Tue, 07 Feb 2012 20:56:53 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/greece-business.html http://www.rte.ie/news/2012/0207/greece-business.html The Government has concluded the first transaction under a new mortgage-to-rent scheme. Tue, 07 Feb 2012 22:10:16 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/mortgage-business.html http://www.rte.ie/news/2012/0207/mortgage-business.html Official figures show that new car sales were up 6.5% in January compared with the same month last year. Tue, 07 Feb 2012 11:16:29 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/cars-business.html http://www.rte.ie/news/2012/0207/cars-business.html BP marked a return to profit last year, posting net earnings of $23.9 billion today. Tue, 07 Feb 2012 18:44:21 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/bp-business.html http://www.rte.ie/news/2012/0207/bp-business.html Spain's top three banks are putting aside €6.1 billion to cover for doubtful property loans in 2012. Tue, 07 Feb 2012 13:06:50 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/spain-business.html http://www.rte.ie/news/2012/0207/spain-business.html The Central Bank Governor says it is not planning to take any action against the Occupy Movement. Tue, 07 Feb 2012 18:37:29 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/central-business.html http://www.rte.ie/news/2012/0207/central-business.html United Drug says its profits and revenues for the quarter to the end of December are better than last year Tue, 07 Feb 2012 17:39:45 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/uniteddrug-business.html http://www.rte.ie/news/2012/0207/uniteddrug-business.html The French government will is to set up an industrial development bank this month. Tue, 07 Feb 2012 13:34:01 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/france-business.html http://www.rte.ie/news/2012/0207/france-business.html Swiss banking giant UBS today posted a net profit of 4.2 billion Swiss francs (€3.5 billion) for 2011. Tue, 07 Feb 2012 13:03:34 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/ubs-business.html http://www.rte.ie/news/2012/0207/ubs-business.html Sage has bought Dublin-based Integral Computers for up to €20m in cash. Tue, 07 Feb 2012 11:54:06 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/sage-business.html http://www.rte.ie/news/2012/0207/sage-business.html MSD, the company owned by pharmaceutical giant Merck, is looking to recruit 52 new staff at its facility in Carlow. Tue, 07 Feb 2012 11:52:10 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/jobs-business.html http://www.rte.ie/news/2012/0207/jobs-business.html UK property developer Development Securities is in discussions to buy a number of assets from NAMA. Tue, 07 Feb 2012 18:29:52 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/nama-business.html http://www.rte.ie/news/2012/0207/nama-business.html Coca-Cola's fourth-quarter net income dropped 71%, weighed down by restructuring charges. Tue, 07 Feb 2012 15:35:36 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/coke-business.html http://www.rte.ie/news/2012/0207/coke-business.html India's government today revised down its economic growth forecast for the current fiscal year to below 7%. Tue, 07 Feb 2012 13:34:13 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/india-business.html http://www.rte.ie/news/2012/0207/india-business.html Staff at the EBS Building Society have voted by 94% to 6% to end their industrial action over bonuses. Tue, 07 Feb 2012 12:55:40 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/ebs-business.html http://www.rte.ie/news/2012/0207/ebs-business.html Royal Bank of Scotland boss Stephen Hester has broken his silence after waiving a bonus of almost £1m. Tue, 07 Feb 2012 17:11:38 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/rbs-business.html http://www.rte.ie/news/2012/0207/rbs-business.html A receiver has been appointed to two assets of Galway-based Earls Holdings Ltd. Tue, 07 Feb 2012 18:02:25 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/earls-business.html http://www.rte.ie/news/2012/0207/earls-business.html The Swiss-based commodities trader Glencore has reached a merger agreement with mining group Xstrata. Tue, 07 Feb 2012 11:23:22 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/glencore-business.html http://www.rte.ie/news/2012/0207/glencore-business.html Toyota today said its nine-month net profit fell 57.5% to 162 billion yen ($2.12 billion). Tue, 07 Feb 2012 11:26:04 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/toyota-business.html http://www.rte.ie/news/2012/0207/toyota-business.html Euro Disney said its first-quarter sales rose 1.1% despite difficult conditions as it attracted more visitors. Tue, 07 Feb 2012 12:47:54 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/disney-business.html http://www.rte.ie/news/2012/0207/disney-business.html German industrial output fell in December, weighed down by declining activity in all sectors. Tue, 07 Feb 2012 12:00:05 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/germany-business.html http://www.rte.ie/news/2012/0207/germany-business.html Federal Reserve chairman Ben Bernanke has reiterated his concerns about high levels of US unemployment. Tue, 07 Feb 2012 17:54:21 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/fed-business.html http://www.rte.ie/news/2012/0207/fed-business.html Oil prices climbed this evening after Iran again threatened to cut off supplies to Europe. Tue, 07 Feb 2012 18:21:46 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/oil-business.html http://www.rte.ie/news/2012/0207/oil-business.html Citigroup said it has won permission to issue credit cards in China, a first for a foreign bank. Tue, 07 Feb 2012 11:36:13 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/citi-business.html http://www.rte.ie/news/2012/0207/citi-business.html Dublin's National Convention Centre is hosting the biggest speed dating event between Irish food and drink producers. Tue, 07 Feb 2012 11:29:55 +0000 Tue, 07 Feb 2012 00:00:00 +0000 http://www.rte.ie/news/2012/0207/mibusiness-business.html http://www.rte.ie/news/2012/0207/mibusiness-business.html