RTE Business

Minister for Finance Paschal Donohoe has said that RTÉ's write-down is a "further big disappointment" on two levels, after the broadcaster confirmed had written down a figure of €3.6 million on a partly failed IT system.

The London Stock Exchange Group has today reported stronger than expected first-quarter income, driven by robust growth in its markets division, and a strong performance across its other businesses.

Greencoat Renewables and Keppel DC REIT have signed a second Power Purchase Agreement (PPA) for the supply of renewable energy that will be used to power Keppel's two data centres in Dublin.

The Minister for Finance Paschal Donohoe said today that trade uncertainty is having an effect already on economic growth and on sentiment regarding investment and how economies will grow in the future.

British engineering company Rolls-Royce said today it expected to be able to offset the impact of global tariffs to keep it on track for 2025 profit targets, following a strong start to the year.

Ryanair would look for an alternative aircraft supplier if US tariffs materially affect the price of planes it has ordered from Boeing, group chief executive Michael O'Leary said in a letter today, adding that he would consider Chinese planemaker COMAC.

The Minister for Enterprise, Trade and Employment Peter Burke is meeting managers of computer company Intel today.

The Bank of Japan kept interest rates steady and sharply cut its growth forecasts today, suggesting uncertainty surrounding US tariffs and the hit to exports could keep policy in a holding pattern for some time.

Britain's Co-op Group said that hackers had attempted to break into its systems, the second high-profile cyber attack on a major UK retailer in as many weeks, following an ongoing incident at Marks & Spencer.

Marks and Spencer is still suffering the effects of what it has called a "cyber incident" which began last week.

New software has been launched to track aviation emissions in real time. PACE Airports by Fexco aims to support airports deliver on their emissions reduction targets. This week the Financial Times reported that European airline emissions are on course to exceed pre-pandemic levels this year.

The UK's Metropolitan Police is investigating a cyber attack on Marks & Spencer which has seen the retailer face major disruption.

The head of Europe's Airbus has called for a return to tariff-free trading for aerospace today, joining a chorus of US industry leaders seeking relief from a growing tariff war in which Airbus warned there could be "only losers".

Irish food ingredients multinational Kerry Group has reported a 6.3% increase in revenue for the first quarter of 2025 and said it was maintaining its full year constant currency earnings per share guidance growth of 7% to 11%.

Lloyds Banking Group has today reported a near 7% drop in first-quarter profit, hurt by higher costs, and said it had set aside £100m for tariff-related impacts.

Tesla chair Robyn Denholm has today denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement for CEO Elon Musk.

AIB has today reiterated its full year guidance after the bank recorded a strong financial performance in the first quarter of 2025 and said its board will decide whether a proposed direct share buyback is in its best interests.

Dublin-based aircraft lessor AerCap said that it had received cash insurance settlement proceeds from insurers relating to the "total loss" of an aircraft.

Microsoft has forecast stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter, calming investor worries in an uncertain economy and lifting its shares 7% after hours on Wall Street.

Growth in the country's manufacturing sector accelerated in April thanks to a robust expansion in new orders amid signs of stock building due to tariff uncertainty, a survey showed today.