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Oil rose on Monday to break a three-day losing streak, after futures traders increased their bets on a renewed price upswing even though rising US drilling helped keep physical markets bloated.

Mobile phone charges for roaming calls and texts in the EU are to finally end this week. However, consumers are being warned that they could still face steep EU roaming bills for using services such as Facebook, WhatsApp and Instagram. The new EU-wide law comes into force on Thursday, June 15. Under the rules, all

Taoiseach-designate Leo Varadkar said on Monday that Theresa May’s failure to win a majority in last week’s election might result in a softer Brexit.

Activity in Ireland’s construction sector accelerated sharply last month and at one of the fastest rates in the 17-year history of the Ulster Bank Construction Purchasing Managers’ Index.

Yields on this week’s €500m auction of short-term government debt are expected to remain in negative territory as investors continue to pay the state for the privilege of holding their money.

As the UK election bombshell unfolds this morning, business owners in Ireland already having to deal with the uncertainty around Brexit will be waking up to further reasons for concern.

Sterling dived and the FTSE share index was set to fall 1pc on Friday after a shockingly bad election result for Prime Minister Theresa May plunged Britain into political chaos days before the start of Brexit talks.

Mario Draghi has given the clearest indication yet that the era of record low borrowing costs is drawing to a close.

The cost of motor insurance premiums fell for the second month in a row in May. New figures from the Central Statistics Office show that motor cover was 8.6pc cheaper last month than a year earlier.

The rebound in demand for Irish sovereign debt shows little sign of dwindling following this morning’s €1bn auction by the National Treasury Management Agency.