One-time billionaire businessman Tony O’Reilly has had a judgment for €22.6m entered against him at the Commercial Court.

THE dollar slipped against the euro and Swiss franc yesterday despite hints of recovery in the US labour market, depressed by soaring oil prices and news of a flare-up of fighting in the Iraqi holy city of Najaf.

Troubled telecommunications company, WorldCom has announced that the US Bankruptcy Court has approved its bankruptcy motion.