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News Live news: Collen appoints new director; Grocery inflation rises to 2.6%
Windows computers crashed in countries across the globe on Friday, knocking out operations for companies and services across almost every industry. 14.10 - The retail company, Carpetright, is set to be bought out by rival Tapi Carpetright is set to be bought out in a rescue deal by its rival which will result in the closure of 200 stores and a loss of over 1,000 jobs.
13.20 - Irish construction firm Collen appoints new technical director One of Ireland’s leading construction firms, Collen, has appointed David Barron as their new technical director. The business has been in the Collen family for eight generations, across 210 years, and has completed many significant projects over that time such as the RDS, Croke Park and Dublin Port.
12.30 - CrowdStrike update that caused global outage likely skipped checks, according to experts. Security experts said CrowdStrike's routine update of its cybersecurity software, which caused clients' computer systems to crash globally on Friday, likely did not undergo adequate quality checks before it was deployed.
Take-home grocery sales in Ireland increased by 6.6 per cent in the four weeks to 7 July 2024, according to data from Kantar, and it is understood that grocery price inflation has driven sales growth rather than increased purchasing. MacEvilly will work closely with Rónán Ó Domhnaill, the media development commissioner, and will lead the growth and implementation of Coimisiún na Meán’s strategies, policies and procedures in relation to the media landscape.11.00 - Yokohama Rubber Co. acquires Goodyear Tire & Rubber Co.’s Off-the-Road tire business for $905 million. The Japanese company has acquired the American multinational tire manufacturer as part of a global expansion plan.
09.50 - PennEngineering is creating 70 new jobs over the next five years in Galway city The company is investing €14 million in the expansion of its operations at Mervue in Galway city. This is one of many cost cutting measures made by Margherita Della Valle, Vodafone’s chief executive, who formally took the reins last year.
08.40 - Hammerson sells stake in Kildare Village parent firm Hammerson, the UK-based shopping retail giant that part owns the Dundrum Town Centre scheme in Dublin, has sold its stake in Value Retail, the parent firm of Kildare Village.
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