Publication: Ireland Business World

First reported 1 hour ago - Updated 6 mins ago - 1 reports

Neil Pakey is new Shannon Airport CEO

The Board of Shannon Airport Authority plc today announced the appointment of Neil Pakey, former boss at Liverpool's John Lennon Airport, as the company's new CEO.He has over 30 years' experience in the industry, with a strong track record in delivering ... [Published Ireland Business World - 1 hour ago]
First reported 10 mins ago - Updated 10 mins ago - 1 reports

Oil prices fall on Fed move fears

Brent oil futures fell towards $104 per barrel today, on concerns that the U.S. Federal Reserve might scale back its quantitative easing programme, which could damage fragile demand.Comments by Fed officials and upbeat U.S. data last week fuelled speculation ... [Published Ireland Business World - 10 mins ago]
First reported 1 hour ago - Updated 35 mins ago - 1 reports

M and S see 2nd year of falling profits

British retailer Marks and Spencer posted its lowest annual profit since 2009 today as a struggling clothing and homewares division dragged on growth in food sales.The 129-year-old firm, which serves 21 million shoppers a week from over 700 UK stores, ... [Published Ireland Business World - 1 hour ago]
First reported 1 hour ago - Updated 38 mins ago - 1 reports

FTSE edges towards 13-year high

Britain's benchmark share index steadied at near-13-year highs early today, as rallies in outsourcing companies Capita and G4S offset a sharp fall in cruise operator Carnival Corporation.Capita rose 6.3 percent to an all-time high and topped the FTSE ... [Published Ireland Business World - 1 hour ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

William Fry appoint 3 new partners

Law firm William Fry today announced the appointment of three new Partners.They are: Cliona Donnelly in Tax, Eibhlin O'Donnell in Banking and Financial Services, and Catherine O'Flynn in Employment.Eibhlin O'Donnell, who joined the Firm in 2003, is a ... [Published Ireland Business World - 1 hour ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Smartphone surge lifts Vodafone Ireland

Vodafone Ireland today said that it added 227,000 smartphone subscribers in the last 12 months, a 29.2pc year-on-year increase, leading to a total of 1.01m of its customers now using a smartphone.Average blended monthly ARPU - an industry-wide measure ... [Published Ireland Business World - 1 hour ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Greencore revenues stable in half year

Irish-based Greencore, one of the biggest producers of convenience foods in these two islands and an emerging force in the US, today reported a 0.9pc revenue rise in tough conditions in its first half trading.Revenue rose to 572.9 million pounds sterling ... [Published Ireland Business World - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Glanbia's boss John Moloney to retire

John Moloney, Group Managing Director of Irish foods giant, Glanbia,, has notified the Board that he wishes to retire from this role and from the Board by the end of 2013.Siobhan Talbot, Group Finance Director, has been appointed as John Moloney's su ... [Published Ireland Business World - 2 hours ago]
First reported 20 hours ago - Updated 8 hours ago - 1 reports

US court to hear Medtronic patent case

The U.S. Supreme Court today agreed to hear a patent dispute concerning Medtronic Inc over medical devices it manufactures that give the heart electrical jolts when it fails to pump blood properly.Medtronic wants the Supreme Court to reverse an appeals ... [Published Ireland Business World - 20 hours ago]
First reported 20 hours ago - Updated 20 hours ago - 1 reports

Irish bank's April ECB drawdown stable

Drawings by Irish covered banks from the ECB's emergency cash fund declined by E0.1 billion (or -0.3pc) during April while deposits at Irish banks also remained stable, the Dept of Finance said today.Year-on-year borrowing from the ECB is down around ... [Published Ireland Business World - 20 hours ago]
First reported 21 hours ago - Updated 20 hours ago - 1 reports

Value of new mortgages down 66pc in Q1

The value of new mortgages issued in Ireland during the first quarter of this year fell by 66pc to E331m compared to the previous and was down 26.4pc compared to the same period a year ago.The latest IBF/PwC Mortgage Market Profile published today shows ... [Published Ireland Business World - 21 hours ago]
First reported 21 hours ago - Updated 21 hours ago - 1 reports

UK spotlight on M and S Irish tax

UK retail giant, Marks and Spencer has come under the spotlight from British tax campaigners over the way it structures its online sales to Europe for tax purposes through Ireland.The retailer, which has been expanding its online business across Europe ... [Published Ireland Business World - 21 hours ago]

Quotes

"While some of the weakness may be transitory, increasingly evidence suggests that growth will be weaker than we previously envisaged" Tao Wang, UBS China economist, wrote in a report
Commenting on the announcement, Myra Garrett, Managing Partner, William Fry, said, "I am delighted to announce these appointments. Our continued investment in the best people underlines our commitment to the delivery of excellent results for our clients."
"The disparity between the macroeconomic environment and the central bank-led rally is getting slightly bigger" Dan Reed, head of contract-for difference trading at Beaufort Securities, said. (Reuters)
Neil Pakey said: "I am honoured to be offered the opportunity to lead Shannon Airport. I am attracted to the situation largely because of the strong commitment to teamwork and stakeholder engagement of the new Board of Directors. My aim is to build the business and lead a team dedicated to achieving operational excellence, superior customer service, efficiency in all functions and with full support for our airlines, partners and stakeholders."

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Oil prices fall on Fed move fears [Published Ireland Business World - 10 mins ago]
William Fry appoint 3 new partners [Published Ireland Business World - 1 hour ago]
FTSE edges towards 13-year high [Published Ireland Business World - 1 hour ago]
Neil Pakey is new Shannon Airport CEO [Published Ireland Business World - 1 hour ago]
Smartphone surge lifts Vodafone Ireland [Published Ireland Business World - 1 hour ago]
M and S see 2nd year of falling profits [Published Ireland Business World - 1 hour ago]
Greencore revenues stable in half year [Published Ireland Business World - 2 hours ago]
Glanbia's boss John Moloney to retire [Published Ireland Business World - 2 hours ago]
Irish bank's April ECB drawdown stable [Published Ireland Business World - 20 hours ago]
US court to hear Medtronic patent case [Published Ireland Business World - 20 hours ago]
Value of new mortgages down 66pc in Q1 [Published Ireland Business World - 21 hours ago]
UK spotlight on M and S Irish tax [Published Ireland Business World - 21 hours ago]
Billionaire investor counts BoI best bet [Published Ireland Business World - 22 hours ago]
Actavis buy Irish W Chilcott for E6.6bn [Published Ireland Business World - 23 hours ago]
Cork law firm to create 20 new jobs [Published Ireland Business World - 23 hours ago]
Help for over 50s to set up own business [Published Ireland Business World - May 20 2013]
KBC Ireland to launch debit cards [Published Ireland Business World - May 20 2013]
RGDATA to Min: Publish Lottery Bill now [Published Ireland Business World - May 20 2013]
Dublin firms on a mission to London [Published Ireland Business World - May 20 2013]
Survey: Firms struggle with late payment [Published Ireland Business World - May 20 2013]
G8 Summit a boost for whole island [Published Ireland Business World - May 20 2013]
Call for business cost cut in Oct Budget [Published Ireland Business World - May 20 2013]
Irish spend more abroad than at home [Published Ireland Business World - May 20 2013]
Irish film producers do deals at Cannes [Published Ireland Business World - May 20 2013]
Irish alcohol sales fall another 4pc [Published Ireland Business World - May 20 2013]
What a morning for the ISEQ ! [Published Ireland Business World - May 20 2013]
Roundup-Ulster to re-enter Comm property [Published Ireland Business World - May 20 2013]
Japan sees real growth ahead [Published Ireland Business World - May 20 2013]
Thailand's "Irish property problem" [Published Ireland Business World - May 20 2013]
Pattaya Thailand an effort to understand [Published Ireland Business World - May 20 2013]
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