A survey conducted by Cork Chamber of its members found that 70% of businesses were expecting reductions in their revenue or cashflow.

Five companies are to create 167 jobs in Dublin and Cork.

Representatives of Cork Airport have said they are disappointed by Ryanair’s decision to end its Cork-Dublin service from October 30.

Cork Chamber has welcomed the increase in business confidence evident in their economic trends survey for the fourth quarter of 2010.

ONLINE retail giant Amazon plans to create up to 450 jobs in Cork as part of a major expansion of its Irish operations.