Bank of Ireland is owed about half of the resort's overall debt

Mount Wolseley resort seeks court protection

17 Apr Mount Wolseley Hotel and Golf Resort, which owes various banks €60m, has asked the High Court for protection from its creditors long enough to put a rescue plan in place and save up to 175 jobs.

The new guidelines were officially launched by the Minister of State at the Department of Finance, Brian Hayes

Broad welcome for new public tendering guidelines

17 Apr Business representative groups have welcomed the introduction of new public procurement guidelines which are designed to make it easier for small businesses to bid for public sector contracts.

The move to smartphones and tablets has pushed down to the price Google can charge for an ad

Google's Q1 revenue misses Wall St targets

17 Apr Google's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.

Janet Yellen said the Fed would eventually have to move to halt the risk of over-inflation, but that was not the immediate concern

Low inflation is major risk in US economy - Yellen

17 Apr Persistently low inflation poses a more immediate threat to the US economy than rising prices, US Federal Reserve Chair Janet Yellen said yesterday, stressing that the US central bank would be delivering policy stimulus for some time to come.

IBM has been trying to restructure its business as hardware sales fall

IBM reports lowest quarterly revenue in five years

17 Apr IBM, the world's biggest technology services company, has reported its lowest quarterly revenue in five years, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China.

Weibo had previously said it could raise $500m in its IPO, but the final figure was considerably lower

Weibo shares surge in Nasdaq debut

17 Apr Shares of Sina Weibo, China's answer to Twitter, have jumped more than 25% in initial trade, after a disappointing initial public offering on the US Nasdaq exchange.

Morning business news - April 17

Morning business news - April 17

17 Apr The chief executive of the Irish League of Credit Unions, Kieron Brennan, says that over the past 12 months the first signs of possible economic recovery are visible.

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The move to smartphones and tablets has pushed down to the price Google can charge for an ad

Google's Q1 revenue misses Wall St targets

17 Apr Google's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.