Wednesday 19 December 2018

BoI signs five-year IT deal with IBM


BANK of Ireland has signed a five-year contract with IBM for the future provision of the bank's IT infrastructure services.

The move comes after the expiration of the current deal with HP. IBM will manage the group's entire IT infrastructure, including desktop systems, servers, mainframes, local area networks and service desks.

Planned hospital board offers PR post public relations

THE National Paediatric Hospital Development Board is looking to hire a public relations adviser. The move comes after businessman Phillip Lynch resigned as chairman of the board last month. The resignation came amid a high-profile controversy about whether the planned hospital should be built as planned at a site at the Mater Hospital in Dublin or elsewhere.

Goffs shareholders approve stake sale Bloodstock

SHAREHOLDERS in bloodstock auction house Goffs have unanimously approved the sale of a 26.67pc stake in French bloodstock auctioneers Arqana Holdings to the Aga Khan's Grenfell Ltd for €7.5m in cash. Addressing shareholders, chairman Eimear Mulhern said the sale would place the group's finances on a sound footing.

'Enquirer' reveals bankruptcy plans


US supermarket tabloid, the 'National Enquirer', plans to file for bankruptcy protection. Owner American Media said yesterday it would file a pre-packaged plan that should allow it to emerge from bankruptcy less than 60 days after the filing. The company said that bondholders would forgive debt in exchange for ownership and it already had the support of 80pc of them.

Car sales keep pace with strong trend


FIGURES from the motor industry show another strong increase in new car sales in October. The Society of the Irish Motor Industry said 3,279 new cars were sold last month, just over double the figure for the same month last year. Car sales this year have been boosted by the scrappage scheme introduced in last year's Budget.

Irish Independent

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