RTE Business

'High flyer' US golfers are paying €25,000 per head to join US President Donald Trump's Doonbeg golf resort in record numbers following his election as US President, it has emerged.

Diageo, the world's top spirits maker, is exploring a potential spin-off or sale of stout brand Guinness and is reviewing its stake in LVMH's drinks unit, Moet Hennessy, Bloomberg News reported today, citing people familiar with the matter.

Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post today.

With the European economy lagging behind the US, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself."

Two of Ireland's largest law firms ByrneWallace and LK Shields Solicitors have completed their merger to create Byrne Wallace Shields.

Boeing has warned that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by US West Coast factory workers.

Renewable energy investor Greencoat Renewables said the highest average wind speed measured across its portfolio of 26 wind farms in Ireland during Storm Éowyn was at Sliabh Bawn in Roscommon.

A migrant worker has told the Workplace Relations Commission that his former security company employer was in the practice of not paying people who "have a deficiency of the English language".

New research from the Central Bank shows that the total value of fraudulent payments rose by 26% in 2023, increasing to €126m from €100m in 2022.

Business activity in Germany's private sector stabilised in January, marking an end to a six-month contraction as services growth offset a continued decline in manufacturing output, according to a survey published today.

Despite watching Bitcoin's scorching run past $100,000 and the inauguration of Donald Trump, who has pledged to be a "crypto president" in the US, some of the world's largest investors said this week they still plan to stay on the sidelines.

It is a big week ahead next week as the US Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025.

Euro zone business began the new year with a modest return to growth as stable services activity in January was complemented by an easing of the long-running downturn in manufacturing, a survey showed.

A new survey shows that climate change could cost the country's insurance industry up to €1.5 billion over the next decade.

Volkswagen needs to increase investments in the US to hit its market share targets, and cut costs in Europe to achieve profitable growth, its CFO Arno Antlitz said on the sidelines of the World Economic Forum in Davos.

What's behind the psychology of panic-buying which takes place when a major weather event like Storm Éowyn occurs?

The UK Business Secretary has left the door open to joining a tariff-free trading scheme with Europe following a meeting with the EU trade commissioner in Davos.

Harry Potter publisher Bloomsbury Publishing has today renewed its supply agreement with Amazon after months of stalled discussions had jeopardised an essential distribution line for the publisher.

Bailed-out lender Monte dei Paschi di Siena has today launched a €13.3 billion all-share buyout offer for Mediobanca MDBI.MI, in the latest surprise twist of a complex Italian banking saga.

Swedish telecom equipment maker Ericsson has today reported a rise in fourth-quarter revenue and adjusted operating profit as its mainstay North American market returned to growth.