News

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.

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

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

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.

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.

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.

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.

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

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

It is reported in todays Irish Independent that lloyds Bank has sold £1.47bn of Irish loans for 10p on pound