Philip Morris International has agreed to buy tobacco and nicotine products maker, Swedish Match, in a €15.3 billion deal. Photograph: Laurent Gillieron/EPA

Philip Morris International has agreed to buy tobacco and nicotine products maker, Swedish Match, in a $16 billion (€15.3 billion) deal that aims to (...)

The services sector has recorded expansion every month since March 2021, and maintained levels above the long-run survey trend level of 55.1 since April last year.

The services sector showed strong but slower growth in April, according to a new survey, but prices rose at the fastest rate on record as inflation co(...)

‘Firms also reported a further lengthening in delivery times for supplies owing to multiple factors.’ Photograph: Alan Betson

Rising energy and raw material costs are forcing most manufacturers to continue increasing their own prices, a new survey shows. Oliver Mangan, AIB c(...)

Dublin’s Capel Street: Sentiment declined sharply among services businesses in March, despite the ongoing post-Covid recovery. Photograph: Nick Bradshaw

Sentiment in the Irish services sector plunged in March, despite evidence of growing momentum in its recovery, while inflationary pressures surged to (...)

ReVolve’s business model is to identify renewable projects and bring them through the various stages of planning, authorisation and grid connections - up to the point where they are ready to be constructed. Photograph: iStock

ReVolve Renewable Power, an Irish company developing wind and solar projects in the US and Mexico, is on track to start trading on Toronto next week, (...)

Improving demand for services pushed business activity across Germany’s private sector to a six-month high. Photograph: Sascha Schuermann/Getty Images

The euro zone economic recovery regained momentum this month as an easing of coronavirus restrictions gave a boost to the bloc’s dominant service indu(...)

Photograph: iStock

Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictio(...)

Ninety-four per cent of Irish construction companies foresee a further ‘significant’ increase in raw material hikes this year. Photograph: iStock

Ninety-four per cent of Irish construction companies foresee a further “significant” increase in raw material hikes this year following a spike in glo(...)

IHS Markit’s services PMI sank to an eight-month low of 53.3 from 55.9

Euro-zone business growth has slowed more than expected this month as renewed restrictions imposed to curb the Omicron coronavirus variant curtail the(...)

 The Ulster Bank construction purchasing managers’ index returned an overall reading of 56.3 for November. Any figure above 50 means construction expanded on the previous month. Photograph: Nick Bradshaw

Construction’s recovery continued its momentum last month, despite sharply rising prices, figures published on Monday show. House and commercial buil(...)

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