Dropbox to create 40 jobs in Ireland

A US technology company has credited Bono with persuading it to invest in Ireland, creating more than 40 jobs in the process. Online storage business Dropbox will become the latest firm to set up its international headquarters here when it opens a Dublin office early next year. It will be the company's first office outside of San Francisco. The IDA-backed investment will create just over 40 jobs initially, but this is expected to increase as the company gets up and running here. In today`s Irish Independent it is reported that American technology company Dropbox will create more than 40 jobs in the capital.

Increased R&D investment at Stryker’s

Minister for Research and Innovation, Sean Sherlock, TD, today announced an increased R&D investment by Stryker Instruments at its facility in Carraigtwohill, Co Cork, which will see the Irish facility playing a leading role in the development of new surgical technologies for bone and soft tissue cutting and repair.

Clearstream to establish an investment fund services operation in Dublin

Minister Michael Noonan announces the decision by Clearstream to establish an investment fund services operation in Dublin with the potential for more than 100 high quality jobs

Indications that AIB are ready to return to bond market for first time since crash

It is reported in todays Irish Independent that AIB is ready to return to the debt markets for the first time since the banking crash

Greek debt cut by €40bn - EU-IMF

In the Irish independent today it is reported that the EuroZONE finance ministers and the IMF agreed to reduce Greece's debt in a breakthrough to release loans to keep the economy afloat.

The Burlington Hotel sells for € 67m - Positive sign of market confidence in Ireland

In todays Irish independent it is reported that there was a huge boost in market confidence in Ireland when The Burlington Hotel has been purchased by US venture Capital fund Blackstone for €67m. In 2007 Bernard McNamara paid €288m for famous landmark which has hosted numerous famous events down through the years. It is a huge boost to the Irish Hotel industry.

US trader's punt on Irish bonds may net €4.75bn profit

In todays Irish Independent it is reported that Franklin Templeton the trader at the €700bn fund may make a profit of as much as €4.75bn on Irish bonds.

CLARITY research centre has created 60 jobs and three spin-outs over four years

At an event showcasing the work of the CLARITY Centre for Sensor Web Technologies in Dublin today, Minister for Jobs, Enterprise and Innovation Richard Bruton, TD, applauded the research centre for its contribution to job creation in Ireland.

ECB May Get Merger Veto in Banking Union Plan

Ben Moshinsky in Bloombeg today reported that the European Central Bank would have veto powers over any bank mergers in nations that sign up to ECB-led supervision, under draft banking union rules designed to tame the euro-area’s debt crisis

German Bank sees no break-up of eurozone

In the Irish Independent today it is reported that Germany`s DEUTSCHE Bank expects the eurozone to remain intact

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