RTE Business

Business activity in Germany's private sector stabilised in January, marking an end to a six-month contraction as services growth offset a continued decline in manufacturing output, according to a survey published today.

Despite watching Bitcoin's scorching run past $100,000 and the inauguration of Donald Trump, who has pledged to be a "crypto president" in the US, some of the world's largest investors said this week they still plan to stay on the sidelines.

It is a big week ahead next week as the US Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025.

Euro zone business began the new year with a modest return to growth as stable services activity in January was complemented by an easing of the long-running downturn in manufacturing, a survey showed.

A new survey shows that climate change could cost the country's insurance industry up to €1.5 billion over the next decade.

Volkswagen needs to increase investments in the US to hit its market share targets, and cut costs in Europe to achieve profitable growth, its CFO Arno Antlitz said on the sidelines of the World Economic Forum in Davos.

What's behind the psychology of panic-buying which takes place when a major weather event like Storm Éowyn occurs?

The UK Business Secretary has left the door open to joining a tariff-free trading scheme with Europe following a meeting with the EU trade commissioner in Davos.

Harry Potter publisher Bloomsbury Publishing has today renewed its supply agreement with Amazon after months of stalled discussions had jeopardised an essential distribution line for the publisher.

Bailed-out lender Monte dei Paschi di Siena has today launched a €13.3 billion all-share buyout offer for Mediobanca MDBI.MI, in the latest surprise twist of a complex Italian banking saga.

Swedish telecom equipment maker Ericsson has today reported a rise in fourth-quarter revenue and adjusted operating profit as its mainstay North American market returned to growth.

The Bank of Japan raised interest rates today to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.

Burberry has today reported a smaller than expected 4% drop in quarterly comparable store sales, helped by a stronger Christmas season in the US, an encouraging step in the British luxury brand's turnaround efforts.

Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication OxyContin caused a widespread opioid addiction crisis in the US, several state attorneys general have said.

British lender Barclays is proposing a revamp of pay packages earned by its CEO and finance director, with higher bonuses on offer for outperformance in exchange for lower fixed pay, according to a Sky News report today.

The Irish arm of electrical and tech retailer, Currys last year returned to profit to record pre-tax profits of €2.3m.

Paschal Donohoe has been named as the new Minister for Finance.

US President Donald Trump told business leaders at the World Economic Forum in Davos, Switzerland, that he wants to lower global oil prices, interest rates and taxes, and warned they will face tariffs if they make their products abroad.

Electronic Arts shares sank more than 15% today, tripped up by a surprise slowdown in spending on the soccer franchise that hasshaped its gaming empire.

Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by Reuters today.