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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 showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
