wind farm deal
RENEWABLE energy company Coillte has concluded an agreement for the co-development of one of Ireland's largest wind projects with Finavera Renewables and Scottish and Southern Energy (SSE). The project is located on Coillte-owned lands in Cloosh Valley, near Moycullen in Co Galway. The 105mw wind farm will have the capacity to supply more than 60,000 homes.
THE Irish Exporters' Association has launched its 'World Series' seminars on 'How to market your services overseas', with the first seminar sessions in Cork today, September 15 in Limerick and September 29 in Dublin. More details are at www.irishexporters.ie
Ukraine grain exports continue
THE Ukrainian government has said there is no need to limit grain exports. Wheat prices rose last week when officials there warned that they would have to impose quotas. A severe drought and extreme heat have led to poor harvests across Russia and neighbouring countries. Russia imposed an export ban earlier this month.
hit with UK fine
BRITAIN'S Financial Services Authority regulator fined the French bank Societe Generale £1.575m (€1.92m) yesterday for failing to provide accurate transaction reports. Penalties were previously handed out to Barclays, Credit Suisse and Commerzbank for similar failings.
Confidence on the rise in Germany
GERMAN business confidence recorded a surprise rise in August, according to the Ifo economic-research body.Its index climbed to 106.7 points from 106.2 points in July. Analysts had expected a slight decline.