Recovery in the United States and, to a lesser extent, the Eurozone and Japan, will be offset by the ongoing slowdown in China and only a gradual Russian recovery from its recession, Moody's Investor Service has said.

 

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Shares in China and Hong Kong fell yesterday as the yuan eased against the dollar, reigniting fears that Beijing may be intent on a deeper devaluation of the currency despite the central bank's comments that it sees no reason for a further slide.

 

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Some of Ireland's biggest businesses have been affected by stolen metal thefts from ESB lines, it has been revealed.

 

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Permanent TSB has announced that its group chief financial officer, Glen Lucken, is to step down.

 

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