RTE Business

Bank of Ireland is providing £98m in finance for a major offshore wind project in Scotland that, when completed, will generate enough green energy to power the equivalent of more than half of all Scottish homes.

Sweden's central bank cut its key policy rate to 2.25% from 2.5% as expected today to boost sluggish economic growth and said its forecast for interest rates held though it stood ready to act if the outlook for prices and activity changed.

Spain's economy expanded 3.2% in 2024, outstripping official forecasts and far outperforming its euro zone peers, preliminary data from the National Statistics Institute showed today.

Retailer WH Smith, which is exploring a potential sale of its UK high street business, has today reported a 4% rise in group revenue for the 21-week period to January 25, supported by strong growth in its travel division, sending its shares up 7%.

Cork-based Waterman Tecsar Engineering Alliance is to create 100 jobs over the next three years as the team announced a major expansion of its Irish operations.

Norway's $1.8 trillion sovereign wealth fund, the world's largest, has today reported a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.

Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.

Former Fine Gael TD Kate O'Connell is set to testify to an employment tribunal after being accused of bullying by a senior pharmacist, who says he had to quit to protect his health after a diagnosis of workplace stress.

Top computer chip equipment maker ASML has today reported fourth-quarter bookings of €7.09 billion that far exceeded expectations, as a boom in AI drove demand for the company's most advanced equipment.

Remy Cointreau said today it expects full-year group organic sales to decline about 18%, the lower end of its guidance range, citing lack of visibility of a recovery in US demand and worsening market conditions in China.

British finance minister Rachel Reeves will say today that she is ready for a fight to push forward her plans to speed up the country's slow-moving economy that have grown in urgency after this month's bond market slump.

LVMH has made a good start to 2025, CEO Bernard Arnault said last night, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.

An inability to process financial information leaves us open to poor money decisions, increased debt and onerous financial commitments

New figures from Home Building Finance Ireland show it has has grown total loan approvals to €2.7 billion at the end of December 2024, an increase of 61% on the €1.66 billion at the end of 2023.

US President Donald Trump offered most federal workers the option to leave their jobs in exchange for eight months severance, in his most radical move yet to drastically overhaul the government.

DeepSeek has taken the tech world by storm and has become the most downloaded app in countries around the world including here in Ireland.

Students at one of the country's top music colleges will stage a protest tomorrow over a proposed redundancy plan for their lecturers.

A casino croupier who said her manager told her "you have a really nice ass, but this is off the record" when she complained about the level of discrimination and abuse at work has been awarded €7,000 in compensation.

Luxury bellwether LVMH beat expectations today with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the Christmas season, adding to hopes the sector has turned a corner.

Royal Caribbean said today that 2025 was shaping up "to be another great year", with a near 23% jump expected in adjusted earnings, as it benefits from record prices and new river cruise itineraries.