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The Irish Government is about to announce how many more billions it has to pump into its ailing banks to keep its banking system afloat.

From today, businesses with annual electricity bills of around 拢1million or more must start measuring and accurately reporting their energy usage to Government auditors.

The Paris motor show opens this weekend. Car sales have slowed all over Europe with the end of the various scrappage schemes and consumers tightening their belts.

And the European Court will decide later whether record label EMI can continue dishing out freebies to radio stations, without being taxed on them.