Round Up
75 new jobs announced
Up to 75 jobs are to be created in Sligo and Waterford by Equinoxe AIS, a provider of administration services to the hedge fund industry, which is to expand its Irish operations.
Arsenal increase profits
Arsenal FC has reported a 24% rise in profits to £45.5m (€49m), mainly based on increased sales of the club's Highbury Square property development.
Butterfield Fulcrum to create 40 jobs
Butterfield Fulcrum, an alternative fund administration company, is to create 40 jobs over three years at its Dublin office on Lower Leeson Street.
CIE: leaking money
CIE has reported a deficit of over €310m for 2008 which works out at €6m a week. The semi-state company carried even fewer passengers than in 2007 and got an operating subsidy of €321m last year.
Elan plan to sell $600m of bonds
Elan plans to sell $600m of senior bonds due in 2016 to help refinance debt and for general corporate purposes.
Goodbody's new chief
A&L Goodbody has appointed Julian Yarr to be the firm's next managing Partner. Yarr will take up the position in May 2010 from Paul Carroll.
HSBC agree to sell New York HQ
Europe's largest bank HSBC Holdings has agreed to sell its New York headquarters for $330m (€225m) in cash. HSBC is selling off some of its headquarters around the world in a bid to raise cash.
INN to close
Radio news provider Independent Network News (INN) is to close at the end of the month, with the loss of 16 employees.
Ireland receive €500m in EU funding
Ireland will receive €500m in European Investment Bank (EIB) funding to boost
Lisbon gets green light
The Lisbon Treaty referendum was ratified by 67.1% of those who voted in the referendum on October 2nd. There was a turnout of 58%, up from last year's 53.1%.
Murdoch introduces paid for content on the web
Rupert Murdoch's media firm News International has revealed plans for a new online membership scheme to access content of The Times and the Sunday Times.
O'Brien rejected by bondholders
Bondholders who are owed €200m by Independent News & Media (INM) have rejected a second financial restructuring proposal for the group put to them by shareholder Denis O'Brien.
Online advertising overtaking TV
Online advertising expenditure in the UK grew 4.6% to £1.75bn in the first half of 2009, overtaking television advertising for the first time, according to a study by the Internet Advertising Bureau and PricewaterhouseCoopers (PwC).
PricewaterhouseCoopers poll the retailers
A poll carried out by PricewaterhouseCoopers (PwC) representing the views of Ireland's key retailers has revealed that over 57% rate their outlook for the sector as either neutral or positive.
RTE unveils new plans
RTE has unveiled plans for a new complex to replace its television and radio studios at a cost of €350m.
Ryanair report rise in passengers
Ryanair has reported a 17% rise in passenger numbers for September.
Tesco announce profits
Tesco has announced its results for the first half of 2009, with a profit increase of 8.6%.
