Signs of a global economic slowdown have hit world stock markets since the start of 2016, and raised concerns about the stability of the European banking system. (Photograph: Michael Nagle/Bloomberg)

After a torrid day on Monday, when €4 billion was wiped off the Irish market, the Iseq fell again in early trading, giving up 1.1 per cent or 63 poin(...)

Bank of Ireland: The retreat in financial stocks around Europe saw the bank shares fall 3.5 per cent to €0.27. Photograph: Frantzesco Kangaris/Bloomberg

European shares fell sharply yesterday as disappointing economic data from the US further undermined sentiment already hurt by weak earnings updates. (...)

A worker at a Texan oil rig. Photograph: Brittany Sowacke/Bloomberg

If you ever went looking for evidence to prove that economists, analysts, journalists and so-called expert commentators haven’t a clue what they are (...)

West Texas Intermediate futures, the US benchmark, sank below $30 a barrel on Tuesday for the first time since 2003.  Photographer: Bloomberg

While oil prices flashing across traders’ terminals are at the lowest in a decade, in real terms the collapse is even deeper. West Texas Intermediat(...)

With the price of a litre of both petrol and diesel falling by about 50 cent since the middle of 2012, the average annual savings for motorists is just under €900 and could top €1,000 if oil prices fall further over the coming weeks. File photograph: Nick Ansell/PA Wire

Irish motorists could end up paying as much as €260 million less in VAT over the next 12 months compared to 2012 if the price of oil on international (...)

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(...)

The London Stock Exchange in the City of London. The FTSE lost 2.4 per cent on Monday.

UK stocks got no respite in the new year, after their worst annual drop since 2011, amid investor concern over a slowdown in China, the biggest consum(...)

Fruit group Fyffes gained 1 per cent to end the day at €15.06.

Global stocks extended their worst annual fall in four years as oil resumed a slide amid renewed concerns that inventories have swelled. Treasuries s(...)

While Tuesday was Jes Staley’s first official day in the office at Barclays , the veteran American investment banker is understood to have arrived at the bank some weeks ago

It always helps to have some good news on your first day in a big new job, even if you can’t claim the credit for it. So it must have been gratifying (...)

Euro zone economic growth unexpectedly slowed in the third quarter, underscoring the vulnerability of the region’s recovery as the European Central Bank examines the need for fresh stimulus.

Euro zone economic growth unexpectedly slowed in the third quarter, underscoring the vulnerability of the region’s recovery as the European Central B(...)