A letting of an office floor to growing research company UTRC in the rebranded and upgraded Penrose Wharf Business Centre puts the building vacated last year by Siemens back onto the market competitively.

Island Oil and Gas confirmed it may consider bidding for all or part of Marathon’s gas assets off the Cork coast.

A CORK couple who are voluntary members of Baltimore Lifeboat have won two of the top awards in the RNLI Pentax Photographer of the year competition.

A Russian fisherman, who suffered a suspected heart attack, has been airlifted off a ship in the North Atlantic to Sligo.

THE search for the five fishermen who were on board the Pere Charles is now concentrated on an area of sea about two miles off Hook Head.

Wall Street ended an erratic session with a modest advance today as investors awaited further signs about the health of the economy.

FISHERMEN in Waterford last night told of their desperate attempts to save the life of their friend after he slipped and fell from their boat late on Wednesday night.

US stocks made a modest advance today as strong earnings from Yahoo Inc. and United Technologies Corp helped investors briefly set aside worries over inflation and rising oil prices.

PEOPLE from as far away as Dublin and Mayo joined up to 1,200 volunteers yesterday as the search intensified for missing schoolboy Robert Holohan.

PEOPLE from as far away as Dublin and Mayo joined up to 1,200 volunteers yesterday as the search intensified for missing schoolboy Robert Holohan.

United States engineering giant UTC today pledged to battle on in its bid to buy fire extinguisher maker Kidde.

The Department of Defence is to buy six new helicopters for the Air Corps in a revival of a deal which was abandoned two years ago, it emerged tonight.

British engineering group GKN said today it had rubber-stamped a deal to sell its stake in helicopter maker AgustaWestland for £1.06bn (€1.6bn).

British aerospace group BAE Systems today downplayed claims that it was in talks to take a 40 per cent stake in helicopter maker AgustaWestland.

Engineering group GKN today signalled the end of British ownership in the helicopter industry by saying it may sell its stake in AgustaWestland.

The Dow Jones industrial average closed above the 10,000 milestone for a second day today as investors shrugged off a downbeat report on consumer sentiment to push stocks higher.

A REGIONAL airport which was threatened with closure has been thrown an eleventh-hour lifeline.

THE Government has been spared an expensive legal battle over a 40m euro helicopter deal, to its recent round of cutbacks.

The search was continuing today for the helicopter which crashed into the North Sea, killing five people and leaving another six feared dead.

The Sikorsky aircraft corporation says it is disappointed by the Irish Army’s decision to cancel its order of helicopters.

A legal challenge to the Government over the selection of a helicopter contract for the Defence Forces re-opens this morning at the High Court.

The company which lost the bid to provide the Aer Corps with new helicopters has commenced legal action against the Minister for Defence.

The purchase of five Sikorsky helicopters for the Aer Corps may be abandoned and put out to tender for a second time, according to reports.

A Spanish fisherman in his mid 40s, who sustained serious head injuries in an accident on board a trawler, has been airlifted to Shannon Airport.

A military helicopter went down while airlifting bodies from an earlier chopper accident, officials in the Philippines said today. The two crashes killed 13 people.