Business
Invest NI looks forward to CSR relationship
The recent acquisition of Belfast-based firm APTX will reinforce the strength of Northern Ireland’s research capabilities, according to Invest NI. APTX has been bought over by the company CSR, as reported in last week’s Business & Recruitment. Invest NI say that this will prove to be a positive move expanding the region’s research expertise and skills base. The claim was made this week when Jeremy Finch, Invest NI’s Managing Director of Business International, welcomed CSR’s CEO, Joep van Beurden, and...
Economy to grow this year, says bank
The economy in the North of Ireland is still set to grow this year, according to the latest report from Northern Bank. The good news that the economy was set to grow was tempered somewhat by the news that the expected rate of growth has been revised down from one per cent to 0.8 per cent. Northern Bank has also claimed that there is just a 20 per cent chance that the Northern Irish economy will fall back into recession. ...
Eastern Turkey meets West Belfast in Café fusion
THE idea might seem an odd one at first, an Irish-Turkish café, but that’s exactly what Sedat Felekoglu has opened on the Falls Road, and it’s working. Café Culture has been on the scene for a relatively short time, after opening its doors just four and a half months ago, but it’s already causing quite a stir among locals and tourists alike. “The idea was to bring together the cultures of both me and my wife, who is from Belfast....
Bombardier announce NextGen order
BOMBARDIER Aerospace has announced a new order for its Q400 NextGen aircraft. Six of the aircraft have been ordered by the Toronto based firm Porter Airlines in addition to the four Q400 turboprop airliners they have already acquired. The Q400 NextGen order is of particular interest to Belfast as components of the aircraft are built at Bombardier’s manufacturing facility in the city. Speaking about the new order, President of Bombardier Commercial Aircraft, Gary R. Scott, said: “Porter Airlines is one...
MatchMedia aiming high
MANY of the most successful businesses are those that manage to bring together entrepreneurs’ interests and their skills. Belfast based MatchMedia, a sports technology company, is aiming to be the latest success story that does just that. The company, founded by Philip Wilson, is less than a year old but is already making waves with its range of sports orientated apps and software. “The company started in September last year. It was fabulous, I’d been putting things together for a...
‘Second half of 2010 to be weaker’, says Ulster Bank
THE deterioration of the private sector of the economy accelerated in the last month according to a new report from Ulster Bank. The bank’s monthly PMI report showed that private sector business contracted at its fastest rate for five months. Activity has fallen in each month since December 2009. “This year is anticipated to be a game of two halves in terms of economic growth,” said Richard Ramsey, Chief Economist Northern Ireland, Ulster Bank. “At a global level, a...
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