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Argos to hire 500 staff

Retail giant Argos will take on 500 temporary staff to cope with the Christmas shopping season.

Andy McClelland, Irish operations manager, inset, said: "As we approach our busiest shopping period of the year, we need the extra support in our stores.

"We are looking for people who are customer-focused, passionate and enthusiastic to join our teams."

Oil down on China data

Brent crude oil fell to its lowest price since July 2012 yesterday, as mediocre Chinese economic data sparked fears over the demand for oil.

China's factory output grew at its weakest pace for almost six years last month, and the data also showed a drop in power generation for the first time in four years. China is the world's second largest consumer of oil.

31 new jobs at firm

Lisburn-based conveyor belt manufacturer Smiley Monroe is to create 31 jobs over the next two years.

The company is investing €3m in a new growth project supported by Invest Northern Ireland, which has offered £300,000 of assistance towards new equipment and the lease of additional factory space.

Managing director Vaughan Monroe said: "We are aiming to substantially increase turnover, broaden our customer base and boost export sales through developing new products and services."

Sale of €500m in Bills

SOME €500m in Treasury Bills will be auctioned on Thursday morning, the National Treasury Management Agency announced.

The bills will mature on December 22. The auction will be conducted on the Bloomberg Auction System and is confined to recognised primary dealers and eligible counterparties.

Bills will be listed on the Irish Stock Exchange.

The auction begins at 8.30am and will conclude at 10.30am.

Air France pilots strike

Pilots at at Air France-KLM have begun a strike at the French arm of the business over cost-cutting plans.

In a statement on its website, Air France said it expected to operate 48pc of its flights yesterday.

In a later statement, it said today would be worse hit, with only 40pc of flights guaranteed to run.

Irish Independent