Malaysia’s attorney-general cleared prime minister Najib Razak of any criminal offences or corruption on Tuesday, closing investigations into a murky multi-million-dollar funding scandal that his opponents had hoped would bring him down. Photograph: EPA/STR

Malaysia’s attorney-general cleared prime minister Najib Razak of any criminal offences or corruption on Tuesday, closing investigations into a murky (...)

Petroceltic ran out of funds after it was unable to raise cash on the bond markets late last year. It has also been unable to raise fresh equity due to the blocking stake held by Worldview

Worldview Capital, an activist fund based in the Cayman Islands that owns a 29 per cent stake in Dublin-based exploration company Petroceltic Interna(...)

Standard Chartered says  that oil prices could drop as low as $10 a barrel “given that no fundamental relationship is currently driving the oil market towards any equilibrium”. (Photograph: Eddie Seal/Bloomberg)

Crude oil prices continued a relentless dive early on Tuesday, falling almost 20 per cent since the beginning of the year as analysts scrambled to cu(...)

A toy bull sits in front of the DAX Index curve at the Frankfurt Stock Exchange in  Germany on Monday: financial markets started 2016 on a bleak note and China is at the centre of it. Photographer: Martin Leissl/Bloomberg

Irish and European markets fell on Monday as a slide in Chinese equities fuelled investors’ fears that a slowdown in the world’s biggest market will h(...)

People walk past an electronic board showing the benchmark Shanghai and Shenzhen stock indices, on a pedestrian overpass at the Pudong financial district in Shanghai.

US stocks opened sharply lower on the first trading day of 2016 after lackluster Chinese economic data rekindled worries of slowing global growth. T(...)

Petroceltic chief executive, Brian O’Cathain

Dublin and London-listed exploration company Petroceltic, which last week put itself up for sale has transferred its rights to a licence it part-owns (...)

An Iraqi worker opens a pipe at Sheaiba oil refinery in Basra, 550 km (340 miles) south of Baghdad. Photograph: Atef Hassan/Reuters

Oil prices steadied not far off their 11-year lows on Tuesday, under pressure from slowing global demand and abundant supplies, with Saudi Arabia sign(...)

  Morgan Stanley: one of the five bank that said their  main UK arms paid no corporation tax. Photograph: Mike Segar/Reuters

Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profit(...)

A pedestrian looks at a stock markets indicator board in Tokyo, Japan, Monday. Shares in Tokyo were down more than 2 per cent in the morning trading session. Photograph: Franck Robichon/EPA

Foreign investment in emerging markets (EM) has dropped to the lowest level since the financial crisis as investors brace for the fallout of the first(...)

AIB is reorganising its financial structure in advance of an IPO Photograph: Bryan O’Brien/The Irish Times

AIB has successfully raised €500 million in additional Tier 1 capital following strong demand from investors. The coupon for the initial fixe(...)