Sunday 17 December 2017

Australia is open for construction jobs

A NEW flux of Irish construction workers to Australia is likely with news that the country will open its booming natural resources to short- term foreign workers for the first time in order to ease labour shortages, Kilkenny-based Visa First has said. The Australian economy is riding high on strong demand for products from its mines and oilfields.

People sought for Credit Union board

CREDIT UNIONS

The Department of Finance is seeking expressions of interest from qualified people who want to be appointed to the Credit Union Restructuring Board. The board is being created to merge weak credit unions in the hope that this will create stronger ones that will be able to develop a more sustainable business model.

HP reassures staff at Autonomy plant

TECHNOLOGY

Hewlett Packard told staff at its Autonomy unit that they have a bright future after founder Mike Lynch was shown the door on Wednesday, joining a long line of top managers to leave the Cambridge-based software maker since HP bought it last year. HP chief executive Meg Whitman said the group was committed to the success of Autonomy.

US Oil & Gas soars on find in Nevada

exploration

US Oil & Gas shares rocketed yesterday after the group which was set up by four Irish investors reported that an exploration well in Nevada has encountered what it believes to be light oil. At one point yesterday the shares, which currently trade on an exchange in Denmark, were up over 200pc. The well has so far been drilled to a depth of 7,474 feet, the company said in a statement. "We are highly encouraged by the results of our drill thus far and look forward keenly to the next stages in our exploration process," chief executive Brian McDonnell told investors.

Irish Independent

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