Overall employment in the Shannon Free Zone dropped by 4% last year but the vast majority of job cuts were because companies downsized, rather than shut.

THE Irish base for US mobile technology accessory firm ZAGG has received a significant boost, following the Nasdaq-listed company’s acquisition of US firm iFrogz for $104 million.

Ireland's low corporate tax rate has been cited as a key reason in the decision of a US multinational company, setting up its base in Shannon, Co Clare.

Shannon technology company Bustec Ltd has secured a €21m contract to supply data and testing equipment for the US Navy.

More than 170 new jobs are to be created by two companies in Shannon in Co Clare.