Global 21st-century tech giant Facebook, along with Chinese firm Huawei and US cyber security company Alien Vault, are to keep company with a repolished Cork pearl, the 18th century-founded Oyster Tavern, as the line-up for the city centre’s €50m Capitol shops, office and bar development is confirmed.

PROPERTY fund IPUT, with some €2bn in investments and which celebrates 50 years in the investment game this year, is seeking to offload three Cork city centre retail investments at the western end of Patrick Street, guiding €9.5 million, or a c 6.15% yield.

Gardaí believe a 30% drop in shoplifting in Cork City centre can be credited to a new radio system being used by security personnel at a number of stores.