Cork Chamber launched a major initiative in London last night to showcase opportunities in what will be the second largest English-speaking city in the EU post-Brexit.

CORK City Council looks set to make a small profit on its plans to sell an historic and elegant bank branch, which it bought just over two years ago, thanks to municipal public realm investments and private developments also on the doorstep of 1 Lapps Quay.

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Tax inversions like that announced by Tyco and Johnson Controls in January will always attract criticism but also serve to focus attention on the US tax system, according to Tyco’s chief executive.

A senior Fine Gael minister has insisted there is no appetite for a leadership change in the party despite its disastrous election performance.

The decision by global fire and security protection giant Tyco to move its headquarters to Ireland’s “smartest” building has been hailed as a major vote of confidence in the country.

Hillary Clinton is airing a campaign advertisement attacking the last so-called tax inversion by a US company and specifically mentioned Ireland as the destination to avoid paying taxes.

The €90m office development proposed this week for Cork City’s quays show a mark of confidence in the second city’s employment prospects — much of it foreign direct investment-sourced jobs — as is evident in recent jobs announcements and arrivals such as Tyco.

Tyco scooped the prestigious Cork Company of the Year award at Cork Chamber’s annual gala dinner at City Hall last night.

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The controversial merger of Tyco and Johnson Controls will yield significant benefits for the newly combined company in Cork when the deal completes later this year, its head of its Irish operations says.

US car battery and building efficiency specialist, Johnson Controls has agreed to merge with Cork-based fire prevention and security products company Tyco International and move its headquarters to Ireland in a tax-saving ‘inversion’ deal.

Here’s a briefing on some of the stories and issues highlighted on irishexaminer.com today.

Three weeks away from moving the first 270 Tyco staff of 700 proposed in the multinational giant’s global HQ into the €50 million-plus Cork office development One Albert Quay, the John Cleary Developments 170,000 sq ft landmark building “will act as a talent magnet for Tyco, and for Cork.”

The Port of Cork is set to put the city’s historic Custom House on the market in the coming weeks as it advances plans to relocate to Ringaskiddy.

The new office block on Cork’s Albert Quay will be “Ireland’s smartest building” when it opens in two months time, according to one of its new tenants.

Inis is an architect-led, beautifully redesigned, walk-in condition, detached property at the city end of Cork’s popular Blackrock Road.

Twenty years after it hit national headlines, set political and business shock waves and repercussions that saw Ministerial resignations, tribunals and indirectly the demise of a serving Taoiseach, Cork City’s Horgan’s Quay site is back up for grab, openly this time, by tender.

Two different property offers, one to let, the other to buy, are on the market at 6 Lapps Quay, in the heart of Cork city, next to the Clarion Hotel, bus station and near the rapidly developing One Albert Quay.

A major foreign direct investment conference taking place in London later this week is the ideal opportunity to attract a larger slice of the UK market to these shores.

The south-west’s foreign direct investment chief has warned there is no guarantee the competitiveness regained during the recession will be protected as the economy begins to recover.

The European Court of Justice has ruled that employees who do not have a fixed place of work and who travel each day between their home and customers’ premises are considered to be working while making those journeys under the European Working Time Directive.

Global consulting engineering company, Arup, is to move into new Cork City offices, at One Albert Quay, in time for its 70th anniversary.

Cork’s soon-to-be largest office block, One Albert Quay, is set to land another major tenant as the landmark development continues to attract considerable interest.

The early success of Cork’s soon-to-be largest office block will spur the commercial property market into life and help alleviate key infrastructural shortcomings in the city, according to a leading consultancy firm.

Cork City’s newest and largest office block, One Albert Quay, has been purchased for up to €58m by Green Reit nine months ahead of its completion.