You are viewing the content for Monday 21 October 2013


Cityjet posts pre-tax losses of €208.9m

Exceptional and redundancy costs totalling €185m contributed to Dublin- based airline, Cityjet last year recording pre-tax losses of €208.9m.

Shaun Quinn: 'Tourism tide is very much on the turn'

Rise in visitor numbers in tourist sector

Business sentiment in the tourism sector has returned to highs not seen since the Celtic Tiger was roaring.

AIB is considering outsourcing up to 1,000 jobs

1,800 banking jobs at risk

The banking sector is looking at outsourcing and consolidation as one of the key solutions to restructuring its Irish operations, with AIB, Danske Bank and Bank of Ireland all considering removing functions from Ireland according to the banking union, IBOA.


JP Morgan in tentative $13bn deal

JP Morgan Chase & Co has reached a $13bn (€9.5bn) deal with the US Justice Department and other government agencies to settle investigations into bad mortgage loans the bank sold to investors before the financial crisis.

Paddy Cosgrave, Web Summit, right, joined Claire Dillon, Microsoft, and Pat Phelan, Trustev, to announce Le Galaxie as the headline act of the Microsoft Bing Party on Oct 31 in Meeting House Square.  Pic: Naoise Culhane

All aboard start-up train to web summit

This year Cork is set to take part in one of the world's top technology conferences, the annual Dublin Web Summit by running a start-up train from Cork to the event.


Hand-wringing over Nobel Prize in economics

This year's Nobel Prize in economics went to Eugene Fama, Robert Shiller, and Lars Hansen, leading to much hand-wringing over the apparent conflicts between the work of Fama and Shiller (Hansen is mostly known for research on risk, which may be why so few are discussing him).

MORE directors Sonya and Simon Fitzpatrick. Offered suppliers a free trial to get them on board and that this proved a prefect move. Pic: Des Barry

Constructing a successful venture from spare parts

TAKING a 21st Century approach to the spare parts industry, Cork start-up company has created a website which companies any where in the world can use to source new and used parts for construction equipment.

Features and challenges of each device need to be catered for in approval process

Reform of medical device approval process not straight-forward

Across Europe, health systems are facing similar challenges such as rising costs and rapid development and pace of change of health technologies.