CIO Diary

start end
05/27 2024
£5 Million Government Support Unveiled for Scottish Start-ups

£5 Million Government Support Unveiled for Scottish Start-ups

The Scottish Government has announced a £5 million package of support for start-ups, aimed at developing a world-class technology sector and expanding the number of women starting and scaling-up businesses.

start end
05/24 2024
 Louis Fitzgerald Hospitality Group Sees Dip in Pre-Tax Profits Despite Revenue Growth

 Louis Fitzgerald Hospitality Group Sees Dip in Pre-Tax Profits Despite Revenue Growth

The main firm behind the Louis Fitzgerald hospitality group, Burtse Ltd, has reported a 3.5% dip in pre-tax profits for the previous year, from €16.94m in fiscal year 2022 to

start end
05/23 2024
Farmers Can Receive Up to €130/MWh for Renewable Energy Exports Under SRESS Phase 2

Farmers Can Receive Up to €130/MWh for Renewable Energy Exports Under SRESS Phase 2

The Irish government has launched the second phase of the Small-Scale Renewable Electricity Support Scheme (SRESS), offering farmers, renewable energy community groups, and small and medium-sized enterprises (SMEs) support for

start end
05/22 2024
Wendy’s Introduces Affordable $3 Breakfast Combo Amid Rising Fast Food Prices

Wendy’s Introduces Affordable $3 Breakfast Combo Amid Rising Fast Food Prices

In response to the increasing cost of fast food, Wendy's has joined the trend of offering discounted deals to cater to budget-conscious customers. On Monday, Wendy's unveiled a new breakfast

start end
05/21 2024
‘Recessionary Feel’ Pan Europe Pushing Down Fares: Micheal O’Leary

‘Recessionary Feel’ Pan Europe Pushing Down Fares: Micheal O’Leary

Ryanair has revised its passenger forecast for the year downward as Boeing's delivery of new aircraft lags behind schedule, signaling potential challenges ahead for the airline's growth plans. During the

start end
05/17 2024
Warren Buffett Explores Canadian Investments Amid a Surge in His Cash Reserves

Warren Buffett Explores Canadian Investments Amid a Surge in His Cash Reserves

The goal of Berkshire Hathaway Inc., led by Warren Buffett, is to make a significant new investment in Canada. The 93-year-old millionaire is the corporation's largest stakeholder. The U.S. conglomerate

start end
05/16 2024
Shilling, the Portuguese VC firm Begins €50M Opportunity Fund to Support Early-stage Startups

Shilling, the Portuguese VC firm Begins €50M Opportunity Fund to Support Early-stage Startups

It feels like I was focusing on the quick growth of Portugal's expanding startup and investment sector only yesterday—that is, seven years ago. In 2021, I revised my paper and

start end
05/15 2024
Blisce, a VC from Paris Launched $160M Climate Tech Fund

Blisce, a VC from Paris Launched $160M Climate Tech Fund

As the most recent venture capital firm to establish a fund specifically focused on climate technology, Blisce hopes to raise up to €150 million, or roughly $162 million. To oversee

start end
05/14 2024
South Korea Aims at $7.3 billion program to Foster Semiconductor Industry

South Korea Aims at $7.3 billion program to Foster Semiconductor Industry

South Korea is preparing a program to provide more than 10 trillion won ($7.3 billion) to strengthen the country's pivotal semiconductor industry, according to Finance Minister Choi Sang-mok. During a

start end
05/13 2024
Jaguar Land Rover Records Highest Profits Since 2015

Jaguar Land Rover Records Highest Profits Since 2015

Jaguar Land Rover (JLR), a luxury car manufacturer, announced pre-tax profits that were at their highest level since 2015. At its Solihull plant, the company produced Range Rover and Defender

start end
05/10 2024
Neuralink, Owned by Elon Musk, Cites Issues with the First Human Brain Chip

Neuralink, Owned by Elon Musk, Cites Issues with the First Human Brain Chip

The reason for the retraction and the number of displaced threads are unknown. Neuralink disclosed in a blog post on Wednesday that the first intrusive brain chip it implanted into

start end
05/09 2024
With €2.4bn investment, Kildare Innovation Campus to Open 3K New Job Opportunities

With €2.4bn investment, Kildare Innovation Campus to Open 3K New Job Opportunities

The Kildare Innovation Campus has declared intentions to invest €2.4 billion, resulting in the creation of 3,000 employment at the location within the next six years. Situated halfway between Leixlip