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Business Today |
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Monday, 09 March, 2026 | | |
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Editor's Note |
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Good morning, reader |
Share markets nosedived in Asia overnight as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates across the globe, while investors desperate for liquidity fled to the US dollar.
Brent crude soared 27 per cent to $117.58 a barrel, the biggest daily gain since at least 1988, which came on top of a 28 per cent rise last week.
Bank of Ireland, AIB and PTSB are on track launch their new instant person-to-person mobile payments service, Zippay, on their apps this week as they seek to take on Revolut, the leader in this field in the Republic. Joe Brennan reports on the rollout.
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Joe Brennan |
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