RTE Business

Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the US Federal Reserve could continue as it pauses its own policy easing, according to policymakers and analysts.

US job growth slowed more than expected in January, likely restrained by wildfires in California and cold weather across much of the country, but a 4% unemployment rate probably gives the Federal Reserve cover to hold off cutting interest rates at least until June.

The National Asset Management Agency (NAMA) recorded a profit of €80 million between January and September last year.

Former Ireland hockey international Catriona Carey has been sent forward for trial on money laundering charges.

Pernod Ricard is exploring a sale of its champagne brand GH Mumm, according to five sources familiar with the matter, as it looks to focus on premium labels in its portfolio.

Russia's economy expanded by 4.1% in 2024, the country's prime minister said today, as surging military spending on the Ukraine offensive powered growth.

The Department of Foreign Affairs is in "full preparatory mode" for the introduction of possible tariffs on imports to the US, the Tánaiste Simon Harris has said.

If your job means you can work from home, you have a legal right to request remote working - but your employer can say no

The Trump administration plans to reduce the number of staff at the US government's giant humanitarian agency USAID to fewer than 300 people from more than 10,000, the New York Times has reported.

The Commission for Communications Regulation is setting up an SMS Sender ID Registry to identify legitimate organisations in order to help cut down on text message scams.

Porsche AG's shares fell 7% today, the biggest drop among European firms and its worst day since listing on the stock market, after the carmaker warned that the cost of new models and battery-related expenses would dent its 2025 profits.

Re-turn, which operates the Deposit Return Scheme, said that a total of one billion drinks containers have now been returned by the Irish public since it was launched a year ago.

Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the company's 2023 fundraising value amid growing headwinds.

French cosmetics group L'Oreal has reported the slowest quarterly rise in growth since the height of the pandemic, missing expectations, as Chinese demand stayed weak and growth in North America slowed.

Bord na Móna has named the nine innovative green businesses selected for its 2025 Accelerate Green GROW Programme, which supports the country's start-up companies in sustainability and climate action.

German exports rose in December, but industrial production fell more than expected, showing that the outlook for the euro zone's largest economy remains anything but rosy.

British life insurer Legal & General said it would sell its US protection business to Japan's Meiji Yasuda for $2.3 billion in cash, in one of the biggest strategic moves so far under CEO António Simões.

Avolon has settled a lawsuit against a number of insurers over jets that were prevented from leaving Russia when Western sanctions forced the termination of their leases in 2022, the world's second-largest aircraft lessor said today.

Amazon.com investors drove shares down sharply on Wall Street last night due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit.

Denmark's biggest lender Danske Bank has today posted record annual profits, backed by rising customer activity and low loan losses, and said it would launch a new share buy-back programme of 5 billion Danish crowns ($695.27m).