Britain unveiled a £30bn (€34bn) economic stimulus plan to tackle the risk of a coronavirus recession, just hours after the Bank of England slashed interest rates in a double-barrelled response to the crisis.

The world consumption of oil is set for its first fall in a decade, as global investors continue to focus on the coronavirus outbreak and whether or not it will derail the world economy this year.

The price of oil fell sharply but global stock markets were mixed as investors scrambled to assess the potential fallout to world trade and tourism should the cases of coronavirus increase over the weekend.

If the coming business year could be defined by a few select words, surely ‘drone’ must figure prominently amongst them.

Shares in Kerry Group fell by close to 3% after it lost out in the race to buy the nutrition division of American conglomerate DuPont, in what would have been a potentially transformative deal for the Tralee-based food business.

The Football Association of Ireland are prepared to defy Sports Minister Shane Ross by appointing a new chief executive without his imprimatur.

It’s too early to bid farewell to the decade-long equity bull market as stocks are still providing healthy returns for investors, according to Goldman Sachs.

I’ll say this much for the folks at WeWork. They have been pretty good at talking up their product.

The Central Bank has slapped a fine of almost €5.9m on Wells Fargo, the US banking giant which has a major European office in Ireland servicing US multinationals, for five “serious” breaches, including failing to properly report the amount of capital it had in the Irish bank.

Crude oil prices are likely to remain steady around current levels, as growing macro uncertainties, rising US output, and large availability of core Opec nations’ spare capacity will offset supply constraints from Iran and Venezuela, according to Goldman Sachs.

An especially interesting gathering was held at the weekend by a Swiss lake.

Apple shares, which have fallen about 7% since the US made moves to curb Huawei Technologies earlier this month, have a near-term floor at $160, about 10% below price they were trading yesterday, according to analysts at Morgan Stanley.

Huawei founder Ren Zhengfei struck a defiant tone in the face of US sanctions that threaten his company’s very survival.

Sterling slipped further and Irish shares fell sharply as fears of investors rose that the political turmoil in the UK will lead to Boris Johnson becoming leader, and Britain crashing out of the EU without a deal.

Britain’s protracted divorce from the EU is hurting the world’s fifth-largest economy as dwindling company investment, signs of a looming labour market shock, and poor productivity hinder growth, according to Goldman Sachs.

A recent report by Denise Braily, the President of Australian BFCSA (Banking & Finance Consumers Support Association), to a Royal Commission on banking provided a worrying picture of banking in Australia.

Tottenham host Crystal Palace in the first competitive game at their new stadium, which was a long time coming. It’s complete with some of the ‘largest evers’, writes Ronald Blum

A series of buyout funds including US firms Advent and Blackstone are in talks with advertising group WPP to explore bids for a majority stake in its data analytics unit Kantar.

Marks & Spencer and Ocado are discussing a joint venture that could expand the retailer’s home-delivery operations and further shake up the rattled UK grocery sector.

Sterling recovered from its sell-off in the wake of the British parliament’s Brexit votes, as investors bet the UK government would still avoid exiting the EU without an agreed trade deal in place.

Vodafone narrowly missed a consensus analyst forecast for third-quarter revenue after competition in southern Europe continued to bite and it cut prices in South Africa, sending its shares down as much as 5%.

Farming families are being “preyed upon” by so-called vulture funds who are “killing off farm businesses”, while small businesses are being intimidated into silence, according to bodies representing the sectors.

Ten years ago this month, the financial world was rocked by the collapse of a Wall Street giant.

Pre-tax profits at the Goldman Sachs-backed hotel firm, Tifco Ltd, jumped 36%, to €5.48m, last year.

A US financial services firm involved in the multi-billion financial derivatives business has opted to set up in Ireland as Brexit draws closer.

Money managers who are reducing their bullish bets on oil are following a “dangerous” strategy, according to Goldman Sachs.

Skibbereen native Ciara Lucy is leading an all-female software team to ensure the West Cork town will be “the most GDPR-ready town in Ireland” when the EU’s new data protection law comes into force in May.

Top economic adviser Gary Cohn is leaving the White House after breaking with President Donald Trump on trade policy, the latest in a string of high-level departures from the West Wing.

IN the 1949 film adaptation of Graham Greene’s The Third Man, Harry Lime points out that 500 years of peace, brotherly love and democracy in Switzerland had produced nothing more exciting than the cuckoo clock.

Britain is expected to choose a new central bank chief this year to succeed Canadian Mark Carney, who will step down in June 2019, three months after the country’s scheduled exit from the EU. No one has yet thrown their hat into the ring to succeed him, but there are numerous contenders.

Stocks on Wall Street pushed further into record territory today, and the Standard & Poor's 500 index's immaculate start to the year extended to a sixth day.

Bitcoin’s blistering rally needs to be viewed with some perspective, writes Camila Russo.

Leading investment banks have warned that global stock markets may have risen too far and too quickly.

France has effectively stepped up the pressure on Ireland and other EU countries in the fight to lure London banking jobs after Brexit by making it less expensive to sack financial traders.

US House of Representatives Republicans unveiled long-delayed legislation to deliver deep tax cuts that President Donald Trump has vowed, and potentially targeting US multinationals with overseas bases in Ireland.

Cabot Credit Management, the UK’s biggest debt collector has confirmed it will list on the London Stock Exchange, targeting a £1bn (€1.1bn) market capitalisation.

The chief executive of Goldman Sachs has cast further doubt over the banking giant's future in London after Brexit in a provocative tweet that is likely to pile further pressure on the Government.

A day of modest gains on Wall Street resulted in more milestones for US stocks today as the Dow Jones industrial average closed above 23,000 points for the first time.

Shares in LVMH climbed towards record highs after the world’s biggest luxury goods company reported stronger-than-forecast revenue growth for the third quarter.