RTE Business

Donald Trump's victory in the race to become the next US president will have economic consequences for the rest of the world that are likely to be deep and quite immediate.

The unemployment rate rose slightly to 4.2% in October from a near-record low of 4.1% a month earlier, new figures from the Central Statistics Office showed today.

Hospitality group Accor and developers the Arora Group have announced the ground-breaking of the new €100m Sofitel Dublin Airport, a new luxury hotel at the country's main international gateway.

Oil prices fell 2% today as projections that Republican Donald Trump had won the US presidential election pushed the dollar higher.

Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at reining in the power of Big Tech, making it the first company to be sanctioned, sources with direct knowledge of the matter has said.

The US economy will impact the Irish economy so what are the key policies from the new administration to watch out for?

British pub group JD Wetherspoon has today posted higher first-quarter like-for-like (LFL) sales but said the recent UK budget would increase its taxes and business costs by £60m over the whole of next year.

Euro zone business activity held steady last month, a small improvement from September's modest decline, supported by an expansion in the bloc's dominant services industry that offset an ongoing - but stabilising - decline in manufacturing.

BMW has today reported a 61% drop in its third-quarter profit that missed analyst expectations because of slumping China sales and brake problems, but said it was on track to meet its adjusted full-year financial outlook.

Donald Trump emerged onto the stage of the watch party at Palm Beach just after 2.20am local time, accompanied by his family and closest political supporters with the Lee Greenwood song 'God Bless the USA' playing as always at a Trump event.

Domino's Pizza Group said today its orders increased in the current quarter on the back of higher delivery orders and discounted pricing, after reporting a like-for-like sales growth for the third quarter.

German sportswear maker Puma's third-quarter sales missed expectations today, despite a 5% rise driven by running and soccer shoes demand, as negative effects from foreign exchange rates continued to weigh on the business.

Novo Nordisk has today reported better-than-expected quarterly sales of its popular Wegovy weight-loss drug and narrowed its 2024 outlook for the year, in a mixed set of results reflecting growing competition in the fast-growing obesity drug market.

Dalata Hotel Group, the country's biggest hotel group and the owner of the Clayton and Maldron hotel brands, has announced the purchase of the Radisson Hotel Dublin Airport in a deal worth €83m.

British retailer Marks & Spencer has forecast "further progress" in the balance of the year after reporting a better-than-expected 17.2% rise in first-half profit, helped by market share gains, adding to evidence its latest turnaround plan is working.

Toyota Motor has today posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.

Global nutrition group Glanbia has today reiterated its full year earnings per share guidance and announced plans to restructure its nutritionals business.

US stock futures and the dollar surged in Asia this morning as investors wagered Republican Donald Trump could win the US presidential election, though officially the race remained too close to call.

Global investors were increasingly pricing in a win for Republican Donald Trump, as the former president took a lead in US presidential elections, with some battleground states yet to post results.

Over half of Irish businesses are now using electricity from renewable energy sources, new research has found.