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  • Diversion of flight fails to save passenger from Ireland Diversion of flight fails to save passenger from Ireland

    A flight from Melbourne to Qatar was diverted to India on Wednesday, in a desperate attempt to save an Irish man on board. The man, Raymond McMorrow, 68, is believed to have had a heart attack on board Qatar Airways flight QR 031 while in transit from Melbourne to Doha, the Qatar capital. The Qatar Airways plane landed without incident at Cochin Airport, in southern India, where an ...

  • Sean Sherlock announces 62 new Technology Innovation Development Awards Sean Sherlock announces 62 new Technology Innovation Development Awards

    The Irish government is to provide nearly 7 million euros in funding for scores of research grants. Ireland's Minister for Research and Innovation, Sean Sherlock, made the announcement on Thursday. The minister said 6.9 million euro would be put up through SFI's Technology Innovation Development Award (TIDA) programme, in conjunction with Enterprise Ireland, to cover 62 research awards. ...

  • UK urged by IMF to bring forward high value spending UK urged by IMF to bring forward high value spending

    LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...

  • Misbah urges Pak to improve game following surprise Ireland tie

    Pakistan Test and one-day captain Misbah-ul Haq has said that it is a must for his team to improve in all three departments of the game ahead of the series decider with Ireland, before the ICC Champions Trophy. Kevin O'Brien hit a dramatic four off the last ball of the first one-day international on Thursday to deny Pakistan victory and earn Ireland a dramatic tie, the 28th in ODI history, ...

  • ISPCC to highlight day of remembrance for missing children

    A day of remembrance and solidarity for missing children across the world will take place today with events being held here in Ireland.The ISPCC will highlight 'International Missing Children's Day' by placing a focus on the needs of families who have not been able to locate their loved ones.22 countries across Europe operate a missing child hotline to assist families who find ...

Movie Review

Transformers: Dark of the Moon

Transformers: Dark of the Moon

Transformers: Dark of the Moon, Michael Bays latest adolescent fantasy for grown men, is a moderate improvement over both of its predecessors, which is about the best thing it has going for it. Those who have seen either of Bays previous action juggernauts ba ... ...

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  • Irish funds back in the black

    At last some positive news for Irish Pension funds, with Hewitt’s monthly Managed Fund Index reporting that the month of April 2009 returned 8.7 per cent. The global human resources services company released the monitor, which is an indicator of Irish Pension Managed Fund performance, which shows a continuing increase in returns, with March figures standing at 2.6 per cent. ...

  • Ireland granted further pension protection

    Ireland’s defined benefit (DB) pension scheme members will gain further support with news that a new Pensions Insolvency Payment Scheme (PIPS) is to be introduced in the Social and Welfare and Pensions Bill 2009. Minister for Social and Family Affairs, Mary Hanafin T.D., announced that the new development will assist employees and former employees of companies where the employer ...

  • Irish private pensions ‘need support’ – IAPF

    Irish private pension provision will be destroyed if the Irish Government goes ahead with a reduction in tax relief, says the Irish Association of Pension Funds (IAPF). Next month’s supplementary Budget will outline the proposals, and the IAPF has released a briefing paper in advance of this. It says that the reduction in relief on pension contributions to the standard rate would ...

  • Irish scheme assets drop not as bad as expected – IAPF

    Irish pension scheme assets fell by 23% in 2008, the Irish Association of Pension Funds (IAPF) has reported as part of its annual asset allocation survey, which, says the association, is less than might have been expected given recent market conditions At year end, assets under management amounted to EUR 66.7bn compared with EUR 86.6bn at the end of 2007, which brings the total value of ...

  • No letup for Irish pension funds

    The credit crunch is not letting up on Irish pension funds, with February recording further losses of 5.7 per cent. In January, the average fund declined by 1.9 per cent, brining the return for 2009 so far to -7.5 per cent. The best performing manager during February was Standard Life Investments, with -5.0 per cent, and Irish Life Investment Managers delivered the worst performance of ...

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