RTE Business

Tesla's new car sales in Europe dropped 28.2% in March from a year earlier, even as overall battery electric vehicle sales rose 23.6% in the month, according to data from the European Automobile Manufacturers Association (ACEA).

German business morale unexpectedly rose in April, a survey showed today, though expectations were slightly gloomier as companies remain uncertain about how the tariff escalation with the US will play out.

Shares of Kering dropped 5.42% in opening trade today after the company reported first-quarter sales below analysts' expectations.

Norway's $1.7 trillion sovereign wealth fund, the world's largest, has today reported a quarterly loss of 415 billion Norwegian crowns ($39.72 billion), largely driven by negative returns in the tech sector.

France's BNP Paribas has today reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck with its profit forecasts despite a deteriorating economic outlook prompted by a global trade war.

Aldi and Sunglow Nurseries have announced the extension of their partnership with a new five year contract worth almost €14m to the Rush, Co Dublin-based business.

It's not being projected right now, but the chances of a global recession have risen sharply from 17% to 30%

Boeing's Chinese customers are refusing delivery of new planes built for them due to tariffs, the US planemaker has confirmed, as a third Boeing jet started returning to the US today.

Hyundai said today it has launched a task force to respond to US tariffs and reaffirmed its annual earnings target after reporting a 2% rise in first-quarter operating profit.

Unilever has today beaten estimates for first-quarter underlying sales growth and reaffirmed its full-year 2025 outlook.

Nestle said today the indirect impact of US tariffs was "unclear" and posted better-than-expected first-quarter organic sales growth, as the world's biggest packaged food company hiked prices for its Kit-Kat chocolate bars and Nescafe coffee.

Revolut's pretax profit surged 149% last year to £1.1 billion as the financial technology firm rode a wave in crypto trading and earned more from interest rates and card fees, the company said today.

Construction is due to begin in the coming months on the first two of 12 bus corridors that are being built in the Greater Dublin Area as part of the BusConnects programme.

Swedish communications technology company Ericsson is to invest €200 million over the next three years in a new Research, Development, and Innovation (RD&I) project at its Athlone facility.

An all-island body representing engineers has questioned the feasibility of the Government's target of decarbonising the electricity sector by 2050.

Iarnród Éireann is to introduce rail fare and zonal adjustments from Monday, bringing major changes for commuters, particularly in the north-east of the country.

Kering reported a bigger-than-expected decline in first-quarter revenue today, the latest set of disappointing results from the luxury group as its star label Gucci continues to struggle amid a worsening economic environment.

Nintendo said it has received 2.2 million applications in the lottery for its Switch 2 gaming device in Japan but cannot fulfil all the demand.

Meta Platforms has said it is expanding advertising on its social network Threads to all eligible advertisers globally, as it looks to generate new revenue streams amid brand uncertainty over tariffs.

European Union antitrust regulators have today fined Apple 500 million euros and Meta 200 million euros to make the companies comply with the Digital Markets Act, which seeks to allow smaller rivals into markets dominated by the biggest companies.