Business

Saturday 12 July 2014

One-stop-shop for patents signed

Published 19/02/2013|04:00

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JOBS minister Richard Bruton was joined by more than 20 other EU member States in signing the Unified Patent Court Agreement in Brussels yesterday.

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The agreement is the last part of a package of measures which the Government claims will provide a one-stop shop for enterprises to register and protect their patents in the EU.

Growth boost for Germany

GERMANY'S central bank has said that the country's economy is on track to avoid a recession as it shows signs of growth in the first three months of the year.

Europe's largest economy shrank 0.6pc in the last quarter of 2012. Two quarters of falling output in a row is a common definition of recession.

Oil price settles near $118 a barrel

BRENT crude oil consolidated below $118 per barrel yesterday, underpinned by expectations of improving global growth and continuing tensions in the Middle East.

Trading volume was limited as the US market was closed due to the President Day's holiday and as the International Petroleum (IP) Week, a gathering of industry professionals, kicked off in London, analysts said.

Forde heads up Heineken UK

DAVID Forde has been named the new head of Heineken UK, effective May 2013. He succeeds Stefan Orlowski who, last week, was appointed president Americas. Mr Forde has run Heineken's Ireland business since 2009.

He previously served as general manager of Heineken UK prior to Heineken's acquisition of Scottish & Newcastle in 2008.

He then led the integration of Heineken UK into the larger S&N business in that market.

Mr Forde first joined Heineken Ireland in 1988 where he held various sales and marketing roles.

Clarification

IN an article published on the business pages on February 18, the Bewleys cafe on Grafton Street in Dublin was mistakenly described as a subsidiary of US food group Aramark.

We are happy to clarify that the Bewleys cafe is part of the Campbell Bewley Group, a wholly Irish-owned company.

While Aramarck acquired Campbell Catering from Campbell Bewley Group in 2005, it did not buy the cafe business.

We are happy to clarify that Aramark does not hold any shares in Campbell Bewley Group or Bewleys cafe.

Irish Independent

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