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27/09/2002
Donegal plant to shed 55 jobs
An electronic firm, which manufactures printed circuit boards in Co Donegal, is set to shed 55 jobs.
The redundancies at Canadian firm SMTC`s Gweedore Industrial Estate plant will come into effect on October 25.
The disappointing news counters Wednesday's announcement by Tanaiste Mary Harney that US eyewear manufacturer Oakley Inc is to create over 100 new jobs in Co Westmeath.
Oakley made the announcement following the company's decision to establish a new prescription eyewear facility in the area.
Oakley will locate the facility in a new 10,000 sq ft building at Clonmore Industrial Estate in Mullingar, the recruitment for which has already started.
(MB)
The redundancies at Canadian firm SMTC`s Gweedore Industrial Estate plant will come into effect on October 25.
The disappointing news counters Wednesday's announcement by Tanaiste Mary Harney that US eyewear manufacturer Oakley Inc is to create over 100 new jobs in Co Westmeath.
Oakley made the announcement following the company's decision to establish a new prescription eyewear facility in the area.
Oakley will locate the facility in a new 10,000 sq ft building at Clonmore Industrial Estate in Mullingar, the recruitment for which has already started.
(MB)
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With programming costing a huge £1 per viewer, the BBC may be forced to drop its Formula One (F1) motor racing coverage. The BBC must make savings and the £60m a year F1 costs - or £3m for each race - it is the most expensive programme being broadcast.
15 May 2002
News Corp reveals multi-billion pound write down
Rupert Murdoch's global media network News Corporation has announced a profits gain in the third quarter, but had to write down a massive £2.74 billion investment in the Australia-based Gemstar television during the same period.
News Corp reveals multi-billion pound write down
Rupert Murdoch's global media network News Corporation has announced a profits gain in the third quarter, but had to write down a massive £2.74 billion investment in the Australia-based Gemstar television during the same period.
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Northern Ireland WeatherToday:A mostly cloudy start with scattered showers, the showers becoming more isolated and largely confined to the south this morning. Becoming brighter this afternoon, the best of any sunnier spells across northern counties. Northerly winds easing. Maximum temperature 12 °C.Tonight:A dry evening with late sunny spells and some long clear spells overnight. Becoming cloudier across the north towards dawn with a few showers possible. Touch of frost in south. Minimum temperature 0 °C.
