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  • Microsoft to locate European data centre in Dublin

    Joe Macri, MD of Microsoft Ireland, Seán Dorgan, IDA Ireland CEO, Debra Chrapaty, Microsoft corporate vice-president for global foundation services, and the Taoiseach, Bertie Ahern, with an image of the proposed new Microsoft European data centre. Microsoft yesterday confirmed that a site in Grange Castle Business Park, Dublin, has been selected as the location for its new European data centre. Planning permission has already been granted by South Dublin County Council for the $500 million (€343.6 million) 51,000-square metre data centre. p

  • Black loses attempt to have fraud retrial

    Conrad Black, the former Hollinger International chairman convicted in July of mail fraud and obstruction of justice, has lost a post-trial bid for acquittal or a new trial. p

  • Brown Thomas profits rise by 17.5% to €24.1m

    Brown Thomas group chief executive Nigel Blow: results "reflect strong growth in turnover and improved margins" Pre-tax profits at Brown Thomas increased by 17.5 per cent to €24.1 million, a record for the company, in the 53 weeks to February 4th, 2007, according to new figures released by the retailer. p
Other Stories

  • Marks and Spencer says it has big plans in store for Republic

    Retailer Marks & Spencer (M&S) said yesterday that it would expand its presence in the Republic by 30 to 40 per cent over the next five years. p

  • Expansion helps profits at Penney's to rise by 20%

    Profits at Primark, the Irish-based retail clothing group that trades in Ireland as Penney's, rose by 20 per cent to £200 million in the year to the end of September. p

  • Consumer confidence at four-year low

    Consumer confidence in the economy has plunged to a four-year low as worries about the outlook for jobs, the housing market and soaring oil prices intensified last month. p

  • Hegarty-led group wins €930m M50 contract

    A consortium led by builders PJ Hegarty has won a €930 million contract to upgrade and maintain one of the Republic's busiest motorways. p

  • Murphy refuses comment on criticism

    The director general of the Law Society, Ken Murphy, has declined to comment publicly after the chairman of one of the State's leading solicitor firms strongly criticised comments attributed to him last weekend. p

  • Builder issues writ to recover €817,000 from Lynn

    The Galway builder who made a complaint to the Law Society about Michael Lynn in 2003 issued a writ against the Dublin-based solicitor and property developer last Friday to recover €817,747 deducted by Mr Lynn after a Dublin property sale. p

  • AIB to create 260 call centre jobs in Swords

    AIB is creating 260 jobs in Swords, Co Dublin, through the opening of a new call centre to support its direct banking services. p

  • Homeowners who shop around can save €183 on insurance

    Homeowners could save as much as €183 annually on insurance if they shop around, a new survey by the financial regulator has found. p

  • Shell to drill two more exploration wells next year

    Shell, the operator of the controversial Corrib gas project in Co Mayo, plans to drill two more exploration wells in Ireland next year despite the significant delays and problems encountered during the development of Corrib. p

  • Oil and gold prices surge to new highs

    Crude oil and gold prices surged to fresh highs yesterday amid renewed dollar weakness as investors sought refuge from a second wave of credit turmoil. p

  • Markets gripped with fears of more writedowns

    The risk of fire sales of securities was rising yesterday after rating agencies declared that some complex debt vehicles had defaulted and with signs that the "superfund" plan backed by the US Treasury has stalled. p

  • Aer Lingus reshuffles management team

    Aer Lingus has reshuffled its management team with the creation of four new senior roles. p

  • ACCBank CEO moves to property group Shelbourne

    The chief executive of ACCBank, Fergus Murphy, has moved to the international property group, Shelbourne Development, where he is to oversee the group's projects in the US and continental Europe. p

  • In Short

    A roundup of today's other news stories in brief p

  • US could be super market for Tesco expansion

    London Briefing: From the collapse of the Qatari bid for Sainsbury's on Monday to the publication of the UK Competition Commission's long-awaited report on the supermarket sector a week ago, it has been a tumultuous time for Britain's £123 billion-a-year (€176.4 billion) food retail industry, writes Fiona Walsh p

  • Overseas sentiment puts damper on Iseq

    Dublin report: It was all doom and gloom again yesterday, said one Dublin dealer as the Iseq index of Irish shares slipped another 0.6 per cent to close at 7,411.16. p
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