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NAMA's tender for insolvency work

NAMA has issued an invitation to tender for the appointment to a framework comprising of a number of insolvency practitioners' panels.

It is seeking corporate and fixed-charge insolvency practitioners for Ireland and for the UK. These practitioners will provide enforcement and insolvency services to the agency.

ECB candidate rejected by MEPs

THE European Parliament has rejected Luxembourg's top central banker for a post at the ECB. The move was taken to protest against the lack of women within the ECB's top leadership.

The chairwoman of the parliament's monetary affairs committee Sharon Bowles said European officials needed to come up with "more than just talk and promises which fall short if we are to redress the gender imbalance in the ECB".

Ford to slash 1,500 jobs in UK

CARMAKER Ford has said it will cut 1,500 jobs in Britain, close a plant and eliminate a stamping and tooling facility. It warned that losses in Europe would exceed $1.5bn (€1.16bn) this year.

Ford Motor, which on Wednesday announced the closure of another plant in Brussels, is struggling in Europe. Sales are down as the region's economic crisis hurts demand from households and businesses.

Espion opens Brussels offices

FORENSICS and eDiscovery business Espion has opened new offices in Brussels, to support the growing demand for its services from international law firms.

The Irish firm works with in-house counsel, law firms, corporations and government agencies in Ireland, but has also built a "highly qualified and experienced" international team with multi-jurisdictional expertise in collecting and moving data from European countries.

Bus Eireann

AN article on 25 October, 2012 suggested that a number of coach companies had been undercut by CIE and consequently gone out of business. The Irish Independent accepts that this is incorrect.

Bus Eireann has pointed out to us that it conducts its business in full compliance with both road transport and competition legislation, and in accordance with best operating practice in the road passenger transport industry.

Irish Independent