RTE Business

Morgan Stanley's revenue beat fourth-quarter expectations today, helped by a rebound in dealmaking activity.

Businesses like consumers are beginning to feel the benefits of reducing wholesale energy costs, with SSE the latest to announce a reduction in what it charges its corporate customers.

Goldman Sachs' profit rose 51% in the fourth quarter as its equity traders capitalised on a recovery in markets and revenue from its asset and wealth business rose, offsetting weakness in investment banking.

More than 300 companies and financial institutions plan to report on the impacts they have on the natural world as part of efforts to stem the global collapse of biodiversity, delegates at Davos heard today.

Oil prices rose today, as investors weighed the impact of tensions in the Middle East.

The head of IDA Ireland says supply chains and business certainty will be hit by the attacks on commercial shipping in the Red Sea but that Ireland should be able to stand out in terms of trust and stability when it comes to inward investment.

The annual rate of inflation rose in December, driven by increases in prices in areas such as recreation and culture, and restaurants and hotels.

Chinese Premier Li Qiang condemned "barriers" to green and tech trade today as he addressed the annual meeting of global political and economic elites in Davos.

Microsoft CEO Satya Nadella has today defended his company's multi-billion-dollar investment in ChatGPT developer OpenAI after the EU and Britain launched probes into whether it resembles a merger.

The outlook for lower prices is promising due to current stability in gas markets. but prices will stay above the long-term average

Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets.

Counterfeit products - mainly clothes - cost the European economy €16 billion a year and result in nearly 200,000 lost jobs, the EU's Intellectual Property Office has said.

Swedish lithium-ion battery producer Northvolt said it has raised $5 billion in the form of the largest green loan raised in Europe as it seeks to expand its battery factory in northern Sweden.

Hugo Boss has today reported a 18% rise in its preliminary full-year sales in constant currency, slightly above expectations, boosted by strong demand in Asia in the fourth quarter.

British online supermarket Ocado Retail said today it would return to positive earnings for the 2022/23 year after revenue growth accelerated in its fourth quarter as it won more customers.

China will put on a show of force today with a large delegation represented by Prime Minister Li Qiang at the annual meeting of global elites in Davos, despite shadows cast by wars raging in Ukraine and Gaza.

Swiss chocolate maker Lindt & Spruengli today said its 2023 sales grew by 10.3% organically and came in ahead of market expectations, boosted by higher product prices and strong sales of its pralines across markets.

Home builder Cairn Homes said it delivered its strongest ever financial and operational performance in 2023 in another year of strong growth for the business and said that momentum is very strong as it starts 2024.

Growth in British wages excluding bonuses slowed to 6.6% in the September-to-November period compared with the same time a year earlier, official data showed today.

There was a 6% increase in the number of jobs created by companies supported by the Local Enterprise Offices last year, the latest annual figures for the LEO network show.