Sunny spells with only rain in the far west






 

 




TODAY'S PAPER

Dawn Meats to create 65 jobs after signing €300m deal with McDonald’s

Dawn Meats is creating 65 jobs at its new €14.5m beef processing facility in Waterford on foot of signing a €300m, five-year contact to produce 18,000 tonnes of Irish beef annually for McDonald’s Ireland.

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Prices rise 3% annually: CSO

Wholesale prices rose nearly 3% on a year-on-year basis last month, according to CSO data.

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Music retailer enjoys improved trading

Music retailer Golden Discs has reported a significant improvement in trading, with its annual losses slashed by over €600,000 in its last financial year.

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Dell shares hit as revenue forecast misses estimates

Dell tumbled the most in more than three years after the company forecast fiscal second-quarter revenue that missed analysts’ estimates.

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Euro 2012 retail spinoff could be worth €250m

The Irish soccer team’s involvement in this summer’s European Championships could result in a €250 million boost for domestic retailers, it has been claimed.

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Firm gets €900k early-stage funding

Irish-based fraud management firm Xintec has secured €900,000 in funding from Kernel Capital through the Bank of Ireland Seed and Early Stage Equity Fund.

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Gift voucher firm to open international office in Dublin

US company Smartbox, which produces high-end gift vouchers is to establish an international office in Dublin, with the potential to create 70 jobs over the next year-and-a-half.

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Ireland committed to helping Africa tackle under-nutrition and poverty

Ireland is committed to sharing its agricultural experience to help Africa tackle under-nutrition and rural poverty, speakers heard at a conference in Trinity College Dublin.

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Proventus Energy takeover approved

The €55 million reverse takeover of British renewable energy company Proventus Energy by Dublin-headquartered company Captive Audience Display Solutions (CADS) has been formally approved by shareholders.

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Iraq exit lowers firm’s profits

The US withdrawal of troops from Iraq is hitting revenues and profits at a Shannon Airport-based in-flight catering firm.

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Banks accused of operating illegally

The Professional Insurance Brokers Association has accused Irish banks of operating illegally and using sensitive customer information to pressure consumers into buying products.

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Chinese agriculture vice-minister to visit export-approved beef plant

Chinese agriculture vice-minister Gao Hongbin is to visit an export-approved beef plant today as part of a formal tour in which “significant” progress has been made in food trade talks between the two countries.

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Facebook shares fall two days in a row

Facebook’s initial public offering is getting less friendly with each passing day.

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Start-up aims to plug gap in British market

Irish start-up CleverMiles is extending its safe driving application to the British market during the UK Castrol 20/20 Challenge.

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ESM ‘may need more staff to tackle ongoing debt crisis’

An external consulting firm charged with evaluating the structure of Europe’s new permanent rescue facility has raised questions about whether it will have enough staff to function effectively, according to documents.

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Texaco service station operator agrees to stop selling rival’s fuel

A Texaco service station operator has agreed to stop selling a rival’s fuel, the High Court heard yesterday.

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Court rules shopkeeper failed to establish reckless lending claim

A shopkeeper who claimed he only got a €32 million bank loan because Zurich Bank officials enhanced his original loan proposal before putting it before its credit committee for approval cannot proceed with his action against the bank, the Commercial Court has ruled.

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Like Icarus, our feet are far from the ground

In Greek mythology Icarus attempted to escape from Crete using wings made of feathers and wax fashioned by his father, a master craftsman and innovator.

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