Hodson Bay Watersports News

• Dealing with the challenge of being Rory
  The rapid maturing of Rory McIlroy has become one of the great fascinations of the current tournament scene. And the capacity to combine courtesy…
• Moving the goalposts
  Anglo-French Proposal

  More… (http://www.independent.ie/sport/golf/moving-the-goalposts-3105697.html)

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• New perspective helps McDonagh rise to Royal task
  IT was one of those days on Bull Island where you’d get three seasons in the space of 10 minutes.

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• Rory McIlroy: From ‘boy wonder’ to ‘boy blunder’
  Rory McIlroy has found his kryptonite. For ‘boy wonder’ on every other fairway, read ‘boy blunder’ at the Players Championship.

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• Walton makes mark on debut
  PHILIP WALTON, match-clinching hero at the 1995 Ryder Cup in Oak Hill, made an impressive opening to his new career on the European Senior Tour with…
• Please Reregister on our New Forums!
  Hi folks,

  If you are reading this you have accessed our old forums via a back link. These forums will shortly be closed. We are no longer…

• INM exec secures injunction over termination
  A senior executive at Independent News and Media has secured a temporary High Court injunction preventing his employers from taking any further steps…
• Sale of Brooks plumbing stores saves 60 jobs
  The Brooks group of plumbing retailers has been sold to UK timber group Premier Forest Products for an undisclosed sum.

  More……

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• Irish mortgage rates lower than euro area average
  RTÉ’s Economics Correspondent Sean Whelan analyses Central Bank figures on euro zone mortgage rates

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• Greek euro exit could lead to Ireland downgrade
  Credit rating agency Fitch has Ireland on a list of countries that would face a downgrade in the event of Greece leaving the euro zone.

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• Markets fall on euro uncertainty, JP Morgan loss
  European stock markets fell this afternoon, forced down by a combination of political uncertainty in Greece, poor Chinese economic data, downbeat…
• Oil prices fall on euro uncertainty, China growth
  Oil prices fell, continuing the pattern for the most of the week, after disappointing growth data out of energy-hungry China and amid eurozone debt…
• Court hears McKillen sought help from Tony Blair
  The High Court in London has heard that Paddy McKillen sought the help of Tony Blair in his battle for control of three top London hotels.

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• Senior creditors take control of Eircom group
  The examiner appointed to the Eircom group of companies has accepted a proposal from senior lenders to take control of the company.

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• Panasonic post record $9.67 billion loss
  Panasonic posted a record $9.67 billion annual loss, hammered by a strong currency, natural disasters and stiff competition from foreign rivals.
  …
• EU lowers Ireland’s 2012 growth forecast to 0.5%
  The European Commission has lowered Ireland’s growth forecast to 0.5% for 2012.

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• Morning Business News – May 11
  Colm O’Neill, Chief Executive, BT Ireland spoke on Morning Ireland about a 9% increase in profits and increased revenue for the year.

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• European Parliament approves mobile roaming cap
  The European Parliament has approved the decision to cap all mobile phone charges from July 2012.

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• News Corp reports rise in profits despite scandals
  News Corporation has reported a strong rise in quarterly profits despite continuing legal charges over the phone-hacking scandal.

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• UK GDP grew in 3 months to April – NIESR
  Britain’s economy recorded slight growth in the three months ending in April but still remains weak, a leading think-tank said today.

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• ‘No appetite for Greece to leave euro zone’
  There is no desire among euro zone member states for Greece to leave the currency bloc, and no appetite on Greece’s part either, a senior EU official…
• Major Makeover of the Irish Business Forums
  Just a short note to let you know that the Irish Business Forums will be undergoing a major makeover and relaunch in coming days.

  We will retain…

• RaboDirect appoints new Ireland general manager
  Online savings bank RaboDirect has appointed Tim Bicknell as general manager for Ireland.

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• China increases surplus on weaker trade figures
  China’s trade surplus widened in April, but reported weaker than expected import and export figures.

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• Grafton’s Irish retail business revenues down 16%
  Builders merchants and DIY group Grafton has recorded a 5.3% increase in turnover to the end of April.

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• Haughey mansion Abbeville for sale for ?7.5m
  Abbeville, the home of former Taoiseach Charles J Haughey has been put on the market with a guide price of ?7.5m.

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• Why Sawgrass is more than about being number golf?s one for McIlroy, Donald, Westwood
  THE world number one spot could change for the sixth time in 11 weeks on Sunday – but the Players Championship at Sawgrass is about far more than…
• Political uncertainty forces euro, markets lower
  European stock markets extended their losses and the euro slid further as investors sought shelter from strains in the eurozone driven by political…
• Tourism VAT rate of 9% to continue into 2013.
  The lower VAT rate of 9% for the tourism industry will continue into 2013, the Minister for Tourism has confirmed.

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• InterContinental profits double on hotel demand
  InterContinental Hotels Group said that net profits more than doubled to $154m during the group’s first quarter.

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• Proposal for up to 80% tax on offshore oil and gas
  An Oireachtas Committee has called for a sliding 40%-80% tax regime for new finds of oil and gas.

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• Oil prices drop further on euro zone tensions
  Oil prices fell further today – in line with shares – amid tensions over the euro zone’s political and economic problems, although bargain-hunting…
• Glanbia performance so far in line with forecasts
  Food group Glanbia has said the group is performing in line with expectations despite the more challenging operating environment this year.
  …
• Greece to receive ?5.2 billion in loans tomorrow
  Greece will receive a ?5.2 billion tranche of bail-out loans as anticipated tomorrow.

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• Shannon Airport to be separated from DAA
  The Government has announced plans to separate Shannon Airport from the Dublin Airport Authority, and bring it together with Shannon Development into…

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• Roche ends trials of heart drug Dalcetrapib
  Pharmaceutical firm Roche is ending the trials of a heart drug Dalcetrapib. The company said that the results of a trial show the drug doesn’t work….

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• USPGA champion Keegan Bradley enters next month?s Irish open at Royal Portrush
  REIGNING USPGA champion Keegan Bradley, who has never played a professional tournament in Europe, has entered next month’s Irish Open at Royal…
• Barroso calls for increased investment in growth
  President of the European Commission José Manuel Barroso has called for a twin track approach of stability and growth in Europe.

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• NAMA scheme to protect homebuyers from price drop
  NAMA has launched a pilot scheme for its “80:20 Deferred Payment Initiative”.

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• Savage cuts return Australia to surplus
  Australian Treasurer Wayne Swan declared the “deficit years of the global recession” over today.

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• Sales of new cars fall 16% in April
  Figures from the Central Statistics Office show that the number of new cars licensed fell by 16% between April 2012 and April 2011.

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• Consumer sentiment rises again in April
  Consumer sentiment rose for the fourth month in a row in April as consumers continued to be less nervous about the country’s economic prospects and…
• Oil mixed in Asian trade on euro zone worries
  Oil prices were mixed in Asian trade today on fresh worries about the euro zone debt crisis.

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• Statoil reports strong production figures
  Norwegian state oil group Statoil reported surprisingly strong quarterly profits today on robust production figures even though net profit fell…
• Greece pays increased rate to raise ?1.3 billion
  Greece paid higher rates to raise ?1.3 billion in a sale of six-month treasury bills today, two days after a shock anti-austerity vote.

  More……

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• Fowler pips McIlroy to break Tour duck
  RICKIE FOWLER played two of the greatest shots of his young life to beat his good pal Rory McIlroy and fellow American DA Points in sudden death at…
• Late slip-ups prove costly for Lawrie
  PETER LAWRIE saw the dark side of the tough finishing stretch at Real Golf Club de Seville as he dropped five shots and bundles of cash at the last…

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• Rory’s fans miss out in hoax call to Bally-B
  AS Rory McIlroy’s star continues its ascent towards a Tiger-esque galaxy far, far away, even his practice rounds have become media events.

  …

• ‘Fifth Major’ forced to play waiting game
  A grand ambition conceived in 1982, with the launch of TPC Sawgrass, remains unfulfilled 30 years on. Despite endless blathering from TV pundits and…

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