Business World

Tuesday 21 November 2017

Dublin Port boss to stand down


Dublin Port boss Enda Connellan will step down as chief executive in August, the port operator said yesterday.

Mr Connellan will be replaced by Eamonn O'Reilly, the head of cargo handling business Portroe Stevedores.

BSkyB open to News Corp bid


MEDIA company BSkyB said it might support a proposed takeover by Rupert Murdoch's News Corporation if it "would deliver value in excess" of 800p a share. News Corp, which owns 39.1pc of the UK satellite broadcaster, said it had made an initial 675p-a-share approach on June 10. This indicative offer was raised to 700p after discussion with BSkyB's independent directors.

EU trade surplus slid back in April


THE eurozone's trade surplus with the rest of the world slid back to €1.8bn in April, according to official figures. Despite a falling euro, which notionally boosts exports through lower prices, the surplus fell from €4.5bn in March and was also down on February's €2.4bn level.

Pressure put on Spain over budget


EUROPE yesterday pressed Spain to clarify how it intends to slash €15bn from its budget to get its public deficit below the required 3pc of GDP by 2013. "There is an invitation to specify as soon as possible measures to substantiate the targets for the years beyond 2010," the EU's budgetary watchdog said in a statement.

RIM research for future BlackBerry


THE maker of BlackBerry smart phones is readying a slate of new devices and software as it attempts to stop losing more ground to touch-screen devices like Apple's iPhone and iPad. Research In Motion (RIM) is apparently testing a touch-screen smartphone with a slide-out keyboard which works much like an iPhone. RIM is also thought to be experimenting with a tablet device to serve as a larger-screen companion to its BlackBerry phone.

Irish Independent

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