Business World

Tuesday 24 October 2017

In brief: O'Leary takes up RTE sports role

MEDIA

RTE have announced the appointment of Cliona O'Leary to the position of deputy head of television sport for the state broadcaster. Ms O'Leary will be directly responsible for day-to-day management of all matters concerning RTE Television's sports output. She succeeds Ryle Nugent.

German business confidence at high

SURVEY

GERMAN business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business. The Ifo institute's confidence index, a key indicator for Europe's biggest economy, edged up to 106.8 points this month, from 106.7 in August. September's rise was the fourth in a row and takes the index to its highest level since June 2007.

Doherty to leave Publicis QMP

ADVERTISING

TOM Doherty is to step down as managing director of the advertising agency Publicis QMP. Mr Doherty has led the firm, which is part of the global communications group Publicis, for six years and had been responsible for implementing campaigns for brands and clients including Meteor, Vhi Healthcare, Dublin City Council, Cadbury and Spar. Mr Doherty will continue in the role of managing director until a new appointment has been made.

Arsenal profits hit record £56m

SOCCER

ENGLISH Premier League football club Arsenal have reported record pre-tax profits of £56m (€65.6m) for the year ending May 31. This was up more than €10m on the previous year. The results showed that Arsenal's group turnover increased to £379.9m, from £313.3m in 2009, boosted by the income generated from property sales.

Gaelgoir teddy gets gold medal

AWARD

A GALWAY-based company has won a key award in the electronic toy category at the practical pre-school awards in the UK. BB, the world's first Irish speaking teddybear from Irish firm Babogbaby, won the gold award. "For a UK organisation to recognise the quality and practicality of our Irish version of BB is just fantastic. It opens it up now to such a larger market. There is so much potential for an English-speaking version of the bear," said inventor Adrian Devane.

Irish Independent

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