Growth in US consumer spending appears to be moderating but it still contributed to growth in recent months

US economy sees 3.5% growth in third quarter

30 Oct A smaller trade deficit and a surge in defence spending buoyed US economic growth in the third quarter, however other details of the US Commerce Department's latest report hinted at some loss of momentum in activity.

The majority of businesses were seeing activity increase, though jobs growth was not as strong

Business sentiment hits new high - survey

30 Oct Business sentiment has continued to improve in recent months, according to a survey by Chartered Accountants Ireland and KBC Bank Ireland, boosted by strong growth in company activity.

Teleflex first moved to Athlone in 2007

130 jobs promised for Athlone and Dublin

30 Oct A US medical devices company has announced that it is to create 100 jobs at its plant in Athlone, Co Westmeath, while a technology company is to create 30 jobs in Dublin.

Danske Bank said its Irish loan impairments were as expected during the year to date

Danske Bank sees strong growth in profits

30 Oct Danske Bank has reported a pre-tax profit of 4.5 billion Danish Krone (€605m) for the three months to the end of September, up almost 79% on the same period of last year.

Germany's unemployment rate fell to 6.3% in unadjusted terms

German unemployment down in October

30 Oct Unemployment in Germany fell in October, as the seasonal pick-up on the labour market usually seen in September was delayed owing to late summer holidays, official data has shown.

Samsung's smartphone sales have been hit by increased competition at the high and low ends of the market

Samsung reports 50% fall in Q3 profit

30 Oct Samsung has reported a near 50% fall in third quarter net profit, as its key smartphone business faltered amid growing competition from Chinese firms in the increasingly saturated market.

BT's higher broadband speeds and sports TV service has boosted the amount it earns from customers

BT reports better-than-expected Q2 earnings

30 Oct Britain's BT has reported second-quarter earnings slightly ahead of forecasts, helped by strong demand for fibre broadband from both its customers and those rivals selling it on a wholesale basis.

Today in the press

Today in the press

30 Oct The Irish Times reports that the O'Flynn Construction group, led by Cork property developer Michael O'Flynn, has submitted a plan to pay up to €400 million to US private equity giant Blackstone by December 31st.

Morning business news - October 30

Morning business news - October 30

30 Oct The first half of this year saw 40% growth in the Irish digital advertising market with a total digital spend of €130m. Mobile ad spend now accounts for 29% of total online ad spend.