The Irish Offshore Operators’ Association welcomed the interest which they said was not a surprise despite the low price of a barrel of oil

A record number of licencing options for offshore exploration have been received by the Government despite the drop in the price of oil. Some 43 ap(...)

Bear market looms as a fresh slide in crude and the perceived creditworthiness of European banks adds to doubts about the strength of the global  economy.  Photograph: Frank Rumpenhorst/EPA

Global stocks are on the precipice of a bear market as a fresh slide in crude and the perceived creditworthiness of European banks added to doubts ab(...)

 The oil industry giant reported  a $3.3 billion fourth-quarter loss as oil prices continue to fall globally. Photograph: Spencer Platt/Getty Images

Shares in BP fell as much as 10 per cent on Tuesday after the UK oil major reported its worst annual loss of $5.2 billion (€4.76 billion), hit by bill(...)

Fruit importer Fyffes added 3.41 per cent to end the day at €1.396

European shares fell on Tuesday as oil dropped again and investors weighed earnings from a number of companies, including BP and UBS. Dealers noted(...)

UBS reported a surprise outflow of funds from its flagship wealth management business on Tuesday, threatening to overshadow its best annual results since 2010 and a higher than expected dividend payout. (Photograph: Arnd Wiegmann/Reuters)

Stocks fell as disappointing earnings from European companies deepened investor concern that global growth is slowing. Oil extended this week’s slump(...)

Barbie maker Mattel is to report after the US market closes on Monday.

US stocks opened lower on Monday, starting February on a dour note as weak economic data out of China exacerbated concerns about a global slowdown and(...)

Oil prices slid after rallying by 10 per cent on Friday. That led to losses by companies such as BP, Total and Eni

European shares fell yesterday as Spanish and Italian banks led a decline by banking shares and oil and gas companies lost ground when an oil price r(...)

Fears regarding slowing iPhone sales have hit Apple hard

‘Sell everything’ is lousy advice “Sell everything.” So said RBS analyst Andrew Roberts last week, and his warning that 2016 would prove “cataclysmic”(...)

Dublin’s Iseq tracked the global sell-off and  Ryanair finished the day down 2 per cent at €14.40

European stocks fell to a one-year low as concerns about global growth intensified amid disappointing US data and another precipitous slide in oil pr(...)

A screen displays the Dow Jones Industrial Average  on the floor of the New York Stock Exchange

Wall Street sank on Friday morning, with the Nasdaq hitting its lowest since August 24th and the Dow plunging nearly 400 points, as oil prices dived b(...)