A look at some of today's business stories in the newspapers

Today in the press

11.18 There has been a "dramatic" slowdown in residential construction activity in the early part of this year.

The Baltic states' reliance on Russia for gas is a legacy of its five decades of Soviet rule

Lithuania signs US deal to replace Russian gas

28 Feb Lithuania said it had signed a trade agreement to buy liquified natural gas from the United States in a move aimed at reducing the EU Baltic state's heavy dependence on Russian gas deliveries.

The International Airlines Group is seeking a takeover of Aer Lingus

Labour backs motion rejecting IAG's Aer Lingus bid

01 Mar The Labour Party has overwhelmingly passed a motion calling on the Government to reject a bid by the International Airlines Group for shares in Aer Lingus if concerns about the sale are not addressed.

US Q4 GDP revision was generally in line with expectations

US Q4 growth rate revised down to 2.2%

27 Feb US economic growth braked more sharply than initially thought in the fourth quarter amid a slow pace of stock accumulation by businesses and a wider trade deficit.

IAG reports 81% jump in profits for last year

IAG upgrades its 2015 profit forecast

27 Feb International Airlines Group today upgraded its profit forecast for 2015 by over 20%, after reporting a slightly better than expected 81% jump in profit last year.