Tuesday 21 November 2017

Professional advert vacancies slide 4pc

THE number of new professional job adverts fell last month, according to the latest Morgan McKinley Irish Employment Monitor.

Between March and April the number of vacancies slid 4pc to 8,919. Year on year however, the number of professional job vacancies climbed 5pc.

Morgan McKinley chief operating officer Karen O'Flaherty said: "Amidst the gloomy economic setting, we are seeing scattered pockets of hiring within the pharmaceutical, manufacturing and IT sectors."

AIB sets up €250m boost for farming

AGRI-BUSINESS

AIB has launched a €250m Agri Investment Programme. This fund is available to help all existing or potential customers in this sector to plan for their future business needs. The fund comprises three elements: €100m for on-farm capital investment, €100m for working capital and €50m for asset finance. Company chief executive David Duffy said: "This represents a major boost for Irish farming and demonstrates AIB's commitment to assisting the agri-sector develop its enormous potential."

Magnet launches triple-play in UK

BROADBAND

Irish broadband company Magnet Networks has formally begun offering triple-play services in the UK after it acquired a 90pc stake in London-based broadband provider Velocity1 last year. Magnet, which is owned by US-based Columbia Ventures Corporation, is using its shared-services centre in Dublin to offer triple-play services of phone, TV and broadband internet in the London area.

Hart to step down following hiring row

TECHNOLOGY

Yahoo director Patti Hart plans to leave the board of the biggest US web portal amid questions over her role in the hiring of chief executive Scott Thompson. Ms Hart will not seek re-election to the board. She was a member of the committee responsible for hiring Mr Thompson, whose biography falsely showed he earned a degree in computer science. Yahoo investor Third Point has stepped up pressure for Mr Thompson's removal after disclosing the discrepancy in his credentials last week, prompting a review.

Irish Independent

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