BUSINESS - BREAKING NEWS

Russia has bailed out a mid-sized bank to save it from bankruptcy – a clear sign that the slide in the value of the rouble in the wake of falling oil prices is straining the banking system.

TODAY'S BUSINESS - IRISH EXAMINER

Receivers get €76.6m windfall in Nama fees

This year has proved to be another bonanza one for receivers to the National Assets Management Agency debtors with the firms picking up €18.27m to date in receivership fees.

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Quinn to begin role as adviser to manufacturing group bearing family name

Seán Quinn, the former billionaire and head of the Quinn Group conglomerate, is to make his comeback in Irish business this week as a paid adviser to a new manufacturing business headed by a number of his former executives.

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Ibec: Spectacular growth of 5.7% expected this year

The national economy will grow at a spectacular pace this year, despite disappointing preliminary third-quarter figures — with the effects finally being felt in the domestic economy.

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Sales of electric vehicles up 46%

It looks set to be a record year for the sale of electricity-powered vehicles with 1,756 new models registered in the first 11 months of 2014.

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Non-Opec producers urged to cut output

Oil producers outside of the Organisation of Petroleum Exporting Countries (Opec) should cut “irresponsible” output with excess supplies harming the market, said the United Arab Emirates energy minister.

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PTSB unveils two new loan products

Permanent TSB today unveils two new lending products that it hopes will help in 2015 to more than double the value of personal loans given to customers this year.

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Business report: The morning business briefing

Here’s a run down of today’s business headlines.

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A little magic goes a long way

A toy bought in the US has opened doors to a world of business success for two couples, writes Trish Dromey.

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Time for emerging economies to fasten their seat belts

This week, a white- haired woman spoke and the world sat up and listened.

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Small Business Q&A: William Rochford from BR Foods

For this week’s Q&A, Kehlan talks with the chief executive of BR Foods and the True Life range of healthfoods, William Rochford. BR Foods has a long relationship with household brands, while True Life is a new venture which rose from a real-life experience.

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Small Business Column: Shopping local

With just a few days left to shop for Christmas, Kehlan Kirwan looks at what shopping locally really means.

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