You are viewing the content for Thursday 10 January 2013

IRELAND

RTE news anchor ends up making the news as video goes viral

Poor old Aengus Mac Grianna — it's one thing to have one newsreading gaffe under your belt but racking up your third in quick succession is quite another.

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Five-star Kerry hotel to be sold for €5m

One of the country's premier hotels, the five-star Sheen Falls Lodge in Kenmare, Co Kerry, is to be sold in a deal worth about €5m.

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Robert Watt, wrote to the Irish Congress of Trade Unions warning it was "not possible to envisage" achieving the required level of savings through head count reductions alone while maintaining adequate levels of service to the public.

Public sector unions tell members to brace for hefty payroll cuts

Trade union leaders have told public sector workers to brace themselves for payroll cuts and "substantial" work practice changes under Croke Park II because staff reductions will not be enough to meet the Government's demand for €1bn in savings.

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Boy stabbed after leaving school

A 16-year-old schoolboy was last night in a serious condition in hospital after being stabbed in what gardaí said was an unprovoked attack on him as he walked home from school.

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Fury as alarm budget for elderly halved

The Government has halved the budget for providing personal security alarms to the elderly, despite a spate of recent attacks on older people in their own homes.

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WORLD

57 injured as New York commuter ferry collides with dock

At least 57 people were injured, 11 seriously, when a commuter ferry struck a dock in New York City's financial district during the morning rush-hour.

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Half of all food produced — 2bn tonnes — thrown away

As much as half of all the food produced in the world — two billion tonnes worth — ends up being thrown away, a report claims.

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Man killed in zorb ball run

Russia has launched an investigation into the death of a 27-year-old man in an inflatable "zorb" ball that tumbled down a mountainside in a horrific accident that was caught on video, a spokesman said.

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Cinema massacre accused likely to plead insanity

Prosecutors were expected to finish presenting their case to a Colorado judge last night in the preliminary hearing of a former graduate student who is charged with shooting 12 people to death and wounding 58 others in a movie theatre last summer.

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Berlusconi blasts 'feminist' judges over €200,000-a-day divorce settlement

Milan court officials have defended the impartiality of their judges after ex-Premier Silvio Berlusconi blamed "feminist, communist" magistrates for a €200,000-a-day divorce settlement.

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SPORT

McCusker backs Scarlets to end Leinster reign

Wales forward Rob McCusker insists the Scarlets can dump reigning champions Leinster out of Europe.

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Quins boss O'Shea plots downfall of 'hero' Elwood

Conor O'Shea believes outgoing Connacht coach Eric Elwood deserves hero status out west but does not want to add to the legacy of his former Ireland team-mate this weekend.

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Injuries disrupt Ulster cup plans

Dan Tuohy is out of Ulster's Heineken Cup clash against Glasgow at Ravenhill tomorrow night.

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Afoa timed Ulster arrival to perfection

John Afoa could have been forgiven for thinking he had got his timing wrong when, within weeks of his arrival in Belfast, the IRFU announced a spate of restrictions on the number of non-Irish qualified players and the length of time they could spend with the provinces.

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Oak Leafers need acorn of success to rise their support

If there was an 11th commandment which forbid us from coveting our neighbouring county, then I would be a serial sinner every time I visited Healy Park.

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BUSINESS

€850m State fund for SMEs aimed at filling gap left after exit of banks

The Government, via the National Pension Reserve Fund, is making available €850m to small businesses through three new funds in an effort to fill the gap in the market by banks exiting the country.

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State recoups €170m on BoI investment

The Government has recouped €170m on its €1 billion investment in Bank of Ireland through convertible contingent capital tier 2 notes.

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Concern over yield on Irish syndicated bond issue

The yield on the syndicated tap bond issue on Tuesday was below the rate secured when Ireland had a AAA credit rating, but the spread against the 10-year German bund remains a concern, according to NTMA chief executive John Corrigan.

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OmniPay announces 30 jobs as business expands

Dublin-headquartered payment processing firm OmniPay is creating 30 new jobs to enable its continued international expansion.

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Grafton profits to exceed expectations

Grafton Group has said it anticipates its full-year 2012 results to show better-than- expected operating profits, when they are published in March.

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OPINION

Young scientists - Education is more vital than ever

In the industrial age, 80% of people were hired for their skills from the neck down, but in today's information age, 80% are hired for their attributes from the neck up.

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Alarms for elderly - Cutbacks hit vulnerable

The Carers' Association have expressed outrage at the decision of the Department of the Environment to cut the senior alert scheme budget by over half, from €2.24m in 2012 to €1.15m this year.

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FEATURES

Sheen Falls poised for sale

A second top Ring of Kerry hotel, Sheen Falls Lodge, has found international buyer interest in recent weeks

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Savings to be made

CORK City's oldest bank building, and one of its very finest architectural statements, is a New Year sale offer at €1.2 million.

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Dairygold milk agreement 'absolutely required'

Dairygold Co-op has said a milk supply agreement and forecasting of future supply are "absolutely required" from each milk supplier — and suppliers who do not comply run the risk from 2015 onwards of being paid less for any milk over and above their 2012 supply volume.

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Waterford joins north-south village partnership

Five Co Waterford villages and towns will co-operate with five Northern Ireland communities in the first north-south village partnership approved under the national Rural Development Programme.

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Food brinkmanship in US

Governmental control over the world's food production was illustrated in the run-up to the 'fiscal cliff' in the US.

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PROPERTY

Sheen Falls poised for sale

A second top Ring of Kerry hotel, Sheen Falls Lodge, has found international buyer interest in recent weeks

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Savings to be made

CORK City's oldest bank building, and one of its very finest architectural statements, is a New Year sale offer at €1.2 million.

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