Mark Carney named next governor of the Bank of England

Mark Carney at WEF in Davos

The next governor of the Bank of England has been named this afternoon as Mark Carney, who is currently governor of the Bank of Canada. Carney will replace the current governor, Sir Mervyn King, when the latter steps down in June 2013. Chancellor of the Exchequer George Osborne said that Carney will serve in the role for five years. He described Carney as the “outstanding candidate” for the job. Carney will continue to serve in his current position until 1 June and will take over at the Bank of England on 1 July. He will remain chair of the G20 body, the Financial Stability Board. “I am honoured to accept…

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HiberGene Diagnostics Appoints New CEO

Business and Leadership Ltd.

HiberGene Diagnostics, a diagnostics company, utilising the latest medical technology to develop, market and manufacture molecular diagnostic tests for human infectious diseases, has announced the appointment of Tony Hill as chief executive officer. HiberGene is based at NovaUCD , the Centre for New Ventures and Entrepreneurs at University College Dublin . Hill joins HiberGene from Innogenetics, an international diagnostics company, where he was global sales director. Before this, Hill was the vice-president at OraSure Technologies , and earlier roles included some positions at Sigma Aldrich. Hill has a wealth of experience from more than 20 years in the diagnostic and life science industries. He brings with him expertise in general management and marketing and sales, coupled with a…

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Ireland’s Food Producers Must Extend Sustainability – Grant Thornton

Business and Leadership Ltd.

Ireland’s food and beverage industry needs to extend the sustainability agenda beyond the ‘greenness’ of food production to include the financial stability of the sector and the sharing of risk, reward, and effort across all participants in the supply chain, according to a report published today by Grant Thornton. The Food 4.0: The dynamics of Supply & Demand report states that businesses need to act now to capitalize on the opportunities brought about by a rapidly growing global population together with fundamental shifts in productivity, technology, supply chain efficiency and innovation. The fact that30pcof EU citizens will be 65 or older by 2060, compared to just 12pc in the 1960s, creates challenges and opportunities for producers and consumers…

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Coup for Cork as global tech leaders to convene in January

Barry O’ Sullivan, senior VP Cisco and Cian Hughes, head of operations, ITLG

The first major business event of The Gathering 2013 is taking place in Cork, as the Irish Technology Leadership Group (ITLG) is holding its ‘Silicon Valley comes to Ireland’ event there in January. Cork City Council, Cork Chamber, University College Cork and Cork Institute of Technology have joined forces to bring the event to Cork as part of The Gathering, following a mission to Silicon Valley earlier this year and meetings at the ITLG headquarters in San Jose. Technology leaders from Europe, China, Russia, India and across the Americas are due to attend the summit in January. Hosted in venues across the city, the event will be led by former…

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OECD launches global product recalls portal

Business and Leadership Ltd.

The OECD has launched an online portal to provide consumers, businesses and governments quick and easy access to the latest information on products recalled from the market in Australia, Canada, Europe and the United States. The portal is designed to promote and improve product safety. According to the OECD, deaths and injuries worldwide from unsafe products are estimated to cost more than US$1trn each year. Through the portal, consumers will be able to check whether a product they are planning to buy in a store or online has been taken off shelves in another country. Businesses, such as importers or retailers, will be able to react quickly and pull products as…

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Education Agreement Brings 4,000 Brazilian Undergrads to Ireland

education brazil

An education and research agreement that will see 4,000 Brazilian undergraduates study in Ireland over the next four years was signed today during Enterprise Ireland’s trade mission to Brazil. The agreement is part of Brazil’s Science Without Borders programme –  a government scholarship programme that aims to send 100,000 of the country’s students on undergraduate and PhD courses to study in science, technology, engineering, mathematics and creative industries at top universities around the world. It builds on a previous agreement between Ireland and Brazil announced in June this year for up to 1,500 post-graduate Brazilian students to study in Ireland. “The agreement marks the start of a new and significant relationship between Brazilian higher education institutes…

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Unilever logistics project aims to slash its European truck distances

Business and Leadership Ltd.

Unilever has announced details today of a new logistics project designed to reduce the distance travelled by its trucks around Europe by 200 million kilometres annually by the end of 2014. The project, which is being part-funded by the EU through the Marco Polo programme, aims to reduce around 450,000 vehicle kilometres from Irish roads. Under an agreement signed with the European Commission, a new network of transport hubs will be established across Europe and managed by Unilever’s existing operations centre in Katowice, Poland. According to Unilever, the project will use cutting edge technology to maximise the load efficiency of the trucks in use. The project will see Katowice logistics…

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From the outside in: Bringing external input into the innovation process

Stefan Lindegaard.

Bringing external input into the innovation process is crucial for any business that wants to stay on top of its game, according to author and strategic advisor Stefan Lindegaard. Whether it’s labelled open innovation, crowd-sourcing or co-creation, bringing some kind of external input into the innovation process is vital for organisations that aspire to be in leadership positions in their sectors. So says Copenhagen-based author and strategic advisor Stefan Lindegaard, an expert in open innovation, intrapreneurship and identifying and developing those who drive innovation. According to Lindegaard, companies are learning that they must embrace this paradigm shift in the innovation process to keep up with the competition. Those that are…

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Overhaul of EU data protection rules needed Reding

Viviane Reding

European Commission vice president Viviane Reding said today that one single set of data protection rules for Europe will make the digital single market work for the tech giants and help drive economic growth. “This will be central to making Ireland even more welcoming for business,” she said, speaking in Dublin today. “65pc of Irish citizens are worried about the way companies handle their personal data. People need to have control over their data. After all, their data belong to them.” Responding to developments in the use of the internet for social and business needs, the Commission has proposed an overhaul of EU data protection rules. Ireland will have a…

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Ireland ranked 10th in Tim Berners-Lee web index

Ireland ranked 10th in Tim Berners-Lee web index

Ireland has come 10th in a new global index of the state of the web in 61 countries around the world. The study, which was launched by Tim Berners-Lee on behalf of the World Wide Web Foundation , placed Sweden in first place for putting the web to work, followed by the US and the UK. The top 10 is rounded out by Canada, Finland, Switzerland, New Zealand, Australia, Norway and Ireland, respectively. Nepal is placed bottom of the list, followed by Cameroon, Mali, Bangladesh, Namibia, Ethiopia, Benin, Burkino Faso, Zimbabwe and Yemen. According to the study, Ireland outpaces all other countries in the index in terms of the web’s effects on its economy.…

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