Two million iPads sold since April
COMPUTER company Apple said yesterday that it had sold two million iPads since its launch at the start of April.
That figure beats sales of the iPhone, which sold around 1.2 million units in its first two months. The iPad -- a tablet computer that Apple claims will revolutionise the industry -- will be on sale in Ireland from July.
BASF names new chief executive
BASF, the world's largest chemical maker, yesterday appointed chief financial officer Kurt Bock to run the manufacturer next year. Mr Bock will succeed Juergen Hambrecht as chief executive following the annual shareholders' meeting in May. Mr Bock is seen as a corporate veteran who has helped steer the company away from commodity products. BASF has been shifting away from bulk chemicals that Middle Eastern competitors make more cheaply and has expanded in fast-growing Asian markets.
Indian economy increases 8.6pc
THE INDIAN economy grew 8.6pc in the quarter ending March this year compared with the same period last year, returning one of the world's fastest growing emerging markets, close to where it was before the global financial crisis struck two years ago.
Tourist tax hits visitor numbers
Ryanair claimed yesterday that new data published by an industry data analysis group confirms that the tourist tax imposed by the Government has impacted on visitor numbers. In the four months to January, figures from Capstats.com showed seat capacity to and from Ireland fell 14pc to 4.3 million. Airlines have cut capacity as demand has weakened, but Ryanair said such seat-capacity declines have only been recorded in countries that maintain a tourist tax.
Oil rises as US to boost fuel demand
Crude oil rose on speculation that economic growth in the US will sustain a global recovery in fuel demand. Oil climbed above $74 (€60) a barrel in New York after Federal Reserve Bank of Chicago president Charles Evans said the US economic recovery would continue amid uncertainties prompted by Europe's debt crisis.