RTE Business

Oil prices posted gains of more than 1% in Asian trade today on falling US crude inventories and a lower greenback, but concerns OPEC+ will leave output unchanged at its upcoming meeting and weak China data limited gains.

China's manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country's strict Covid-19 restrictions and rising infections that analysts said will hurt the economy well into 2023.

US cryptocurrency brokerage Genesis said it was seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that creditors to the firm are organizing with restructuring lawyers to prevent insolvency.

The Government has extended the scheme which aims to support families struggling with mortgage arrears.

An Post has reported a zero gender pay gap for the second year in a row, becoming the first major employer in Ireland to do so.

Twitter said it has stopped enforcing a policy intended to prevent the spread of Covid misinformation, as new owner Elon Musk, who has clashed previously with US officials over pandemic safety rules, continues to remake its content moderation policies.

Former billionaire businessman Seán Quinn has acknowledged his own role in the financial collapse of his one-time corporate empire.

The High Court has appointed joint provisional liquidators to an Irish-based firm that is part of a group of companies that provides mechanical and electrical services to power generating wind turbines manufacturers.

SMBC Aviation Capital has joined most of the world's largest aircraft lessors in pursuing insurance claims through the courts over jets it owns that are stuck in Russia, a High Court filing showed.

Europe's largest airline by passenger numbers, Ryanair, is in talks with authorities in Egypt and Libya about operating flights to the countries for the first time, Chief Executive Michael O'Leary has said.

Hotel group Dalata has added its fiftieth hotel with the opening of the Clayton Hotel Glasgow City.

An entitlement to paid sick leave is scheduled to come into effect in the New Year after the Tánaiste, Leo Varadkar signed the commencement order.

A review of the retail banking sector here has recommended that the Government should develop new laws next year to require banks that meet objective criteria to provide reasonable access to cash.

US cryptocurrency lender BlockFi will today make its first appearance in US bankruptcy court after filing for Chapter 11 protection on Monday.

HSBC has agreed to sell its business in Canada to Royal Bank of Canada for $13.5 billion Canadian dollars in cash.

There are many factors that might be contributing to this shift in prizing work over other aspects of one's life

The Cabinet has agreed to appoint Siún Ní Raghallaigh as the new chair of the RTÉ Board.

New figures from the Central Statistics Office show that average weekly earnings were €864.32 in third quarter of this year, up 3.2% on the same period last year.

Those in the banking sector look set to get an early Christmas present.