Saturday, November 7, 2009 Previous editions

LONG-haul passenger numbers at Aer Lingus continued to plunge last month, while British Airways was preparing to cut thousands of jobs.
FLAHAVANS, which supplies 65% of the porridge consumed at our breakfast tables daily, is embarking on a €1.6 million investment in its mill in Kilmacthomas, Co Waterford, home to the business for the past 200 years.
SHELL Ireland has received a €90 million cash injection to complete its controversial works to allow gas be taken from the Corrib gas field.
AGRICULTURE is in crisis and there is a lack of vision from the mainstream farming organisations and the state as to what direction it should take, the Irish Organic Farmers and Growers Association has claimed.
ENSURING that farmers are treated as equal partners with government, processors and retailers must dominate the Irish Farmers’ Association agenda over the coming years.
Dublin: The chairman of Irish Life & Permanent, Gillian Bowler, has announced that Pat Ryan will be appointed to the board as a non-executive director effective from the next board meeting on December 15.
Dublin: Ireland’s economy is projected to contract by 7.9% in 2009 and a further 1.8% in 2010, according to PwC’s latest Economic Outlook.
Cork: Fine Gael leader Enda Kenny will meet Cork business leaders on Friday next in the fourth of a series of meetings with business leaders around the country in the coming weeks.
Cork: Bord Gáis has signed a €1.8 million deal with Ceres Power to provide small-scale combined heat and power (Micro-CHP) products to the residential market.
ULSTER Bank chief executive Cormac McCarthy has stressed that the company remains a core part of parent group Royal Bank of Scotland (RBS), despite the Irish bank posting operating losses of £85 million (€97m) for the third quarter of the year.
FINANCIAL services group IFG is hopeful of reducing its net debt levels by around €5 million by the end of this year.
CORK has the potential to have the same reputation as a producer of medicine as Switzerland does for watches.
THE ISEQ index added a small gain of 6.67 to close at 2,971.96 yesterday.
Brussels: Google, Microsoft and Yahoo! must limit the amount of time they keep internet-search records and can’t justify keeping the information beyond six months, European Union officials probing possible breaches of EU privacy laws said.
Paris: Apple, maker of the iPhone and iMac computer, opens the doors tomorrow to its first store in France, sharing a home with Leonardo da Vinci’s Mona Lisa at the Louvre museum.
Amsterdam: Heineken’s chief executive said the British beer market has “turned the corner” after the “unfortunate timing” that saw the Dutch company become Britain’s biggest brewer in a merger almost two years ago.
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