Business

Saturday 19 August 2017

In brief: Firm invests €1.5m to upgrade centre Country to become carbon-free by 2040

RETAIL ENERGY AUTOS COURTS

JUST two weeks after it opened the doors to its newly redeveloped Swinford store, Connacht Gold has announced that it will begin the expansion and upgrade of its Westport DIY & Garden Centre in May. A total of €1.5m will be invested in the project and it will result in the creation of four to six new jobs.

Country to become carbon-free by 2040

IRELAND will generate enough renewable energy by 2040 to effectively cover 100pc of the nation's energy requirements, according to a vision for Ireland's energy future outlined at the Irish Wind Energy Association annual conference in Dublin. The vision also sees Ireland becoming a carbon-free power and transport nation.

Saab's CEO resigns as losses mount

THE chief executive of Saab is stepping down as the carmaker struggles with weak sales and large losses. Saab suffered a €218m loss last year, according to parent company Spyker Cars. Jan Ake Jonsson has worked for Saab for 40 years and was instrumental in saving Saab from closure.

Tribune to provide security for costs

THE Commercial Court has ruled that the receiver of the 'Sunday Tribune' must provide security for the costs of its action against the publishers of the 'Irish Mail on Sunday' over an alleged fake copy of the 'Tribune' published last month. The receiver is suing Associated Newspapers Ireland after a special edition of the 'Mail' was published with a wraparound cover carrying a 'Sunday Tribune' logo.

Irish Independent

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