RTE Business

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).

India's central bank cut interest rates today for the first time in nearly five years, as concerns over a growth slowdown in the world's fifth largest economy outweighed inflation risks.

There has been a significant jump in the number of people borrowing money to buy cars and make home improvements, according to latest figures from the Banking & Payments Federation Ireland.

The head of one of Ireland's main farming groups has proposed that basic maintenance of hedgerows and trees overhanging power and communications cabling should be contracted out to trained local farmers.

French cosmetics group L'Oreal reported a 2.5% rise in fourth-quarter sales today, missing expectations due to persistently weak demand in China and a slowdown in growth in North America.

There was a further payment of €1.7bn from Apple's tax money into the Government's coffers last month, according to the Department of Finance's Exchequer Returns.

An order of nuns which "callously" sacked a manager after making allegations which included a false accusation about her work-from-home arrangements, has been ordered to pay out over €70,000.

The GAA has reported a 19% rise in revenue for 2024, with a bumper year for Croke Park driving much of the increase.

Irish-founded strategic communications and public affairs agency Red Flag Global has been acquired by Ankura Consulting Group.

More than 13,000 farmers are waiting on payments for last year under the Government's ACRES scheme, with nearly 3,000 farmers still waiting on payments for 2023.

SIPTU members employed in Bord na Móna Recycling have voted to conduct a ballot for strike action if plans to privatise the company go ahead.

Eli Lilly has today forecast annual profit largely above Wall Street estimates, providing some relief to investors after another quarter of sales miss for its popular diabetes and weight-loss treatments.

Carlsberg has today reported annual operating profit growth at the top of its guided range and forecast higher than anticipated growth for 2025, sending the Danish brewer's shares 6% higher.

Pre-tax profits at the operator of well known Dublin night spots, Café En Seine and The George decreased by 56.5% to €2.07m in 2023.

Bank of Ireland and the Financial Services Union (FSU) have reached agreement on a pay deal which, if accepted by FSU members, would result in a 4% pay increase for staff.

Honeywell said today it will split into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the industrial giant.