RTE Business

The chief executive of Gresham House has said the business aims to significantly grow its operations in Ireland over the coming five years.

Eli Lilly has today raised its annual profit forecast and boosted its revenue expectations by $3 billion, as it benefited from ramped up manufacturing capacity for its highly popular weight-loss and diabetes drugs.

Restaurant Brands International has today beaten Wall Street expectations for second-quarter revenue, benefiting from an overhaul of its Burger King chain and steady demand at its Tim Hortons coffee outlets.

Dublin-based medtech start-up CroíValve has today announced the closing of $16m in Series B financing.

The annual rate of inflation came in at 2.2% in July, new figures from the Central Statistics Office show today, unchanged from a month earlier.

Dr Tanya Harrington has been appointed as a Commissioner to the Commission for Regulation of Utilities after an open competition run by the Public Appointments Service (PAS).

Dublin-based hostel booking company Hostelworld has today reported higher bookings, revenues and operating profits for the six months to the end of June.

The value of major US tech stocks continued to fall yesterday, highlighting growing doubts around the value of artificial intelligence.

UK's Persimmon expects to build at the top end of its previous housebuilding target range in 2024 as easing mortgage rates and a UK rate cut spur recovery hopes in the sector, it said after posting a 3% drop in interim pre-tax profit.

British gambling group Entain has today raised its key annual forecast, encouraged by active punters cashing in on multiple high-profile football events in the second quarter.

The Reserve Bank of India (RBI) kept its key interest rate unchanged today, as widely expected, retaining its focus on bringing inflation down even as global market volatility left other major central banks poised to ease policy.

Germany's Allianz has today posted a better-than-expected 7.5% rise in second-quarter net profit and said it was on track to meet its full-year target.

A strategic review by Irish Residential Properties REIT has concluded that the sale of the company was highly unlikely to deliver value and it instead should pursue growth opportunities while selling some less efficient units.

Zurich Insurance has today posted a bigger than expected 7% rise in first-half operating profit to a record $4 billion due to a strong performance across the board and said it was on track to exceed its 2025 targets.

Meal delivery company Deliveroo said today it had achieved the twin milestones of profit and free cash flow in the six months to end-June as demand from customers stabilised.

Building materials company CRH has reported flat second quarter and half year revenues but raised its guidance for the full year.

Australia's Qantas said it was cutting its former CEO's exit bonuses by A$9.3m after an external review found him responsible for measures alienating travellers, employees and shareholders in the COVID era and beyond.

The number of private registered landlords renting homes to tenants in Ireland rose by almost 7% to 103,035 between the middle of last year and March of this year.

A total of 43 properties within the discretionary rate of the Housing Assistance Payment were available to rent in June this year, according to the latest quarterly Simon Communities' Locked out of the Market report.

Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it said today.