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RTÉ Business
Latest Irish and international news supplied by RTE.ie
Toyota to recall 400,000 hybrids worldwide
Toyota said today that it would recall about 400,000 hybrid vehicles around the world, including its latest Prius model, to fix faulty brakes.
Lower drug prices to hit United Drug revenues
United Drug says that trading across the group has been good in the first quarter of its financial year.
Swiss bank UBS returns to quarterly profit
Troubled Swiss bank UBS said today that it had returned a 1.20 billion Swiss franc profit in the final quarter of 2009.
Renewed drive for food and drink exports
Bord Bia is holding its Marketplace event today, with more than 300 international buyers in 2,800 meetings.
Ryanair to open 40th base in Lithuania
Ryanair is to open its 40th base at Kaunas, Lithuania's second largest city, in May.
UK trade deficit widens to 11-month high
Britain's goods trade deficit with the rest of the world widened to its highest in nearly a year in December.
German exports see steepest fall since 1950
German exports fell by 18.4% in 2009, the sharpest drop since 1950, new data showed today.
Oil below $72 on weak sentiment
Oil was lower in Asian trade after slight gains overnight, with sentiment weighed down by weak US demand.
Morning business news - Feb 8
A stronger sterling is providing a backdrop to a renewed export drive for Irish food products in the UK.
Today in the press
Intel will make a decision next month on where to build a factory for its next generation of microprocessors according to the general manager of its operations in Israel.
BBC News | Business | UK Edition
The latest BBC Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets.
Toyota in global recall of Prius
Toyota recalls thousands of Prius cars worldwide because of braking problems, in a new blow to the world's largest carmaker.
Head of City regulator steps down
Hector Sants, chief executive of the Financial Services Authority, announces he is to step down as head of the City regulator.
Lloyds and RBS 'failing to lend'
Royal Bank of Scotland and Lloyds are criticised by MPs for failing to lend enough to homeowners and businesses.
January chill for housing market
Activity in the UK housing market was frozen by the snowy weather although prices continued to rise, surveyors say.
Bad weather hits January sales
UK retail sales described as 'awful' as icy weather and the unsteady economy keep shoppers at home.
Nissan reports return to profit
Japanese carmaker Nissan has reported a return to profit for the last three months of 2009.
Swiss bank UBS returns to profit
Swiss bank UBS reports its first quarterly profit for a year, helped by lower costs and a large tax credit
BSkyB to sell most of ITV stake
The pay-TV group BSkyB has given up its court fight over ITV and has cut its stake to meet competition rules.
Ofgem label shows 'green' power
The power regulator, Ofgem, is bringing in a new scheme that forces supplier to prove they are cutting emissions.
Former BP boss admits fears about publicly revealing his sexuality
Former BP chief Lord Browne, admits knowledge of his sexuality could have prevented him from landing the top job at the oil firm.
Business: BreakingNews.ie
Ireland's premier breaking news website providing up to the minute news and sports reports.
United Drug issues upbeat statement
United Drug says its profits will be in line with 2009 levels despite the newly-agreed deal between the Government and drug manufacturers to cut the prices of wholesale drugs by 40%.
UK finance watchdog chief quits
The head of City watchdog the Financial Services Authority is to step down in the summer, it was announced today.
Value of euro falling
The value of the euro has been falling in recent days.
BSkyB sells ITV shares
Broadcasting giant BSkyB has suffered a near-£350m (?397.64m) hit after selling a 10.4% stake in ITV and admitting defeat in a long-running legal battle.
High street giants join forces for new clothing range
High street retailers Mothercare and Boots today announced a deal to collaborate on an exclusive range of clothing and accessories to be sold through Boots stores.
Dow down more than 100 points
The Dow has ended down 104 points at 9,908 last night.
Irish food suppliers flock to business 'speed date' at Croke Park
Three hundred international food and drink buyers are in Dublin today as Bord Bia attempt to secure new business for Irish exporters.
New Boeing completes maiden flight
Boeing Co?s giant 747-8 freighter ? the biggest plane the company ever built - successfully completed its first flight, a year later than originally planned.
DAX 30 finishes in the black
FRANKFURT: the DAX 30 closed up 50.5 at 5484.9.
FTSE up more than 30 points
Gains in the mining sector helped the London market pull out of its losing streak today but economic worries continued to shake confidence in financial stocks.
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