Travel software company Datalex has reported its first net profit as a publicly quoted company.
$1.1m on $32.4m revenues.
Datalex has grown revenues by 15% in the past year by signing up new customers including Canadian airline Westjet and Virgin.
*****
The euro this morning was at a near four-month low against the dollar below $1.29.
It's also weakened against sterling - all of these a Cypriot-bailout hangover for the single currency.
Despite the fact that British chancellor George Osborne is expected to unveil one of the bleakest budgets in recent memory the euro trading well below its recent highs against the pound at 85.4 pence.
*****
Demand Media services is to set up an office in Dublin.
It's a California-based digital media company that does a range of different things, including helping businesses build out their online presence.
It is associated with a range of popular websites, including eHow and livestrong. Many people will recognise the livestrong name from the foundation which was started by and strongly associated with Lance Armstrong for many years.
Both Livestrong and Demand Media have since severed tied with the disgraced cyclist who made $4m in 2008 from selling his shares in Demand Media.
Demand is establishing what will be its largest international office in Dublin. Supported by the IDA, it's now looking for engineering, sales & marketing IT and finance specialists and expects to employ between 20 and 40 people within the next year.
*****
Volkswagen has announced a product recall in China. It involves around 400,000 cars and will cost Volkswagen, which is the second biggest selling car maker in China, around $600m.
*****
These are confusing times for savers and investors.
Stock markets on both sides of the Atlantic are at record highs yet many major economies are struggling with debt problems as, indeed, are households.
The euro zone crisis rumbles on and into uncharted waters as savers in Cyprus now face having part of their deposits appropriated to pay for the country's bailout.
