A TIPPERARY technology company is set to expand its workforce after signing a lucrative deal to provide technology designed and manufactured by one of the world’s leading providers of vision systems.

Renishaw is to expand its Swords facility by establishing a new R&D function in the treatment of neurological disease.

The FTSE 100 Index finished the week at its highest level for more than five years today as it followed in the wake of big stock market gains around the world.

The FTSE 100 Index traded at its highest level for more than five years today as investors around the world put their faith in stocks and shares.

A maker of precision instruments saw its share price suffer today after it said £5m (€7.4m) would be wiped from profits if exchange rates remained the same.