Salvage experts have recovered the keel of a multi-million euro racing yacht from the seabed almost three years after it failed, triggering one of the most dramatic sea rescues of recent years.

THE OWNER of the Rambler 100 has sent an official letter of appreciation to the people of Baltimore expressing “profound gratitude” following the crew’s dramatic rescue.

“I DON’T plan to do it again,” skipper and owner of the Rambler 100, George David, 69, said, just hours after he was plucked from the dark stormy waters off the Fastnet Rock.

Almost 90 jobs could be created at a new research hub in Cork, it was revealed today.

US industrial conglomerate United Technologies Corporation is believed to be the firm behind the bid for security services group Chubb, it emerged today.