RTE Business

Pernod Ricard said today it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits.

TikTok owner ByteDance has today lost its court challenge against its designation as a gatekeeper under landmark European Union rules, in a boost for antitrust regulators seeking to curb the power of Big Tech.

Titanium and zircon miner Kenmare Resources said today that demand for all of its products remains robust and ilmenite prices in the first half of 2024 were above its expectations, bolstered by increasing global pigment production.

Healthcare company hVIVO, formerly Open Orphan, said it expects to report first half revenues of £35.6m, which would represent 30.6% revenue growth on the same time last year

SSE Renewables has been granted planning permission for a solar farm on lands near its existing 18 turbine Richfield Wind Farm at Bridgetown in Co Wexford.

German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it has said in its second upgrade this year.

HSBC Holdings said today that its chief financial officer Georges Elhedery will become group CEO - a choice that highlights the global lender's preference for continuity as it looks to kickstart growth.

Denmark's AP Moller-Maersk said today that the disruptions to its container shipping via the Red Sea had extended beyond trade routes in far Eastern Europe to its entire ocean network.

Just 15% of businesses here say they are fully compliant with the European Union's General Data Protection Regulation (GDPR) rules.

British inflation held at 2% last month, defying forecasts for a slight fall, and underlying price pressures persisted, maintaining uncertainty about the date of the Bank of England's first interest rate cut since 2020.

The hosts of this year's UN climate summit has urged governments to start compromising to break a deadlock over how to help poorer countries tackle global warming.

There has been a strong rebound in Dublin office lettings, but a surge in supply in driving vacancy rates higher.

Aer Lingus is today resuming a full service following the cancellation of 610 flights over the last three weeks due to industrial action by pilots.

National Advocacy Service (NAS) staff, who are in their second week of strike action, are to hold a protest outside the constituency office of the Taoiseach Simon Harris in Wicklow.

Organisations across Ireland have shown improvements in fostering diverse and inclusive workplace cultures in the last two years, according to a new study.

The Food Safety Authority of Ireland has issued a recall notice for some Johnston Mooney & O'Brien products due to the possible presence of metal pieces.

The former chief executive of Custom House Capital (CHC), jailed for his role in a sophisticated €61m conspiracy to defraud investors in the firm over a decade ago, has appealed his prison term, arguing it was wrong for a judge to "pluck" a headline sentence of 14 years "out of the air".

German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said today, in its second upgrade this year.

The Government is being urged to make changes to a digital game tax credit launched in 2022 in order to make it more attractive to the industry.

The global economy is set for modest growth over the next two years amid cooling activity in the US, a bottoming-out in Europe and stronger consumption and exports for China, but risks to the path abound, the International Monetary Fund said today.