The regional airline of Ireland, Aer Arran has entered in to bankruptcy protection process as it has suffered with a loss of 18 million euros since the year 2008.

High Court of Dublin has appointed an examiner to test the internal financial condition of the airline. It is a process of Irish Company law which protects any company from its creditors when the company suffers with such a huge loss.

It also allows the firm to execute its upcoming restructuring plans. The airline which has 320 employees has said that the decision of the court would not affect its day by day business.

Ireland is reported to have sold over 600 million Euros of treasury bills at a lower level on Thursday. The country’s step sheds light on the country’s attempt to shrug off a credit downgrade by Standard & Poor's.

The debt agency's 400 million to 600 million target range is reported to be half of the normal auction amount. Such a step signifies that Dublin can be selective in its fundraising in jittery markets.

Ireland will be gaining pace with the digital era, as it aims to roll out digital terrestrial television (DTT) by the period of 31 December 2012, which indicates a total closure of the analogue signal.

It was the proclamation from the Minister for Communications Eamon Ryan, who stated a €70 million investment plan that brings in DTT offering to one and all in Ireland.

Also in regard with this a terrestrial network will be set up that will help cater to 98% of the population and a satellite service will further establish the fact that the leftovers are also covered at the same time.

A study has been able to establish and also indicate that one quarter of teenage mothers expect their first kid even before they turn 20, and that they are at definite risk of a preterm birth the second time around, too.

These teenagers are 93% more probable than adult women to give birth before time, which prompts experts to caution that something should be done, so as to prevent girls from becoming pregnant again without delay after giving birth to their first child.

Angie and Azzedine Benhaffaf, parents of Irish born conjoined twins, are besieged by the amount of support public has extended.

An offer of $110,000 to pose in a British tabloid was refused by the parents of the twins.

The support was more after people came to know that the conjoined twins Hassan and Hussein are not going to pose for money. They have received a far greater level of aid from the Irish public.

As has been shared by the owner Associated British Foods, popular clothing chain Primark has continued to perform strongly, recording a sales growth of 8% over the past six months.

Like-for-like sales, which excluded the impact of new stores, were mainly boosted by "exceptionally strong performance" across the company's 14 Spanish outlets. Overall, total sales were also quite strong, after the opening of as many as 5 new stores across UK, Germany, Portugal and Belgium.

Sinn Fein leader, Gerry Adams has declared that his wife is being treated for cancer.

The couple was taken back when she was diagnosed with cancer a month ago.

The announcement was made at a party meeting where he was chosen as the representative to stand in the approaching Westminster elections.

He was thankful to the medical staff that looked after his wife Colette during, and post, her surgery.

"Now she is fine and recuperating after her operation last Thursday", he said.

£8m (€9m) investment was confirmed by Ryanair for a new aircraft maintenance facility at Glasgow Prestwick Airport. A major expansion is planned following the announcement made yesterday regarding new routes and the base that is the biggest maintenance base.

A planned four-hour strike by air traffic controllers in Ireland on Wednesday is all set to disrupt the travel plans of more than 20,000 airline passengers as they will face delays and cancellations.

A walk out by air traffic controllers between 2pm and 6pm will result into the cancellation of around 150 flights at Cork, Shannon and Dublin airports.

As has been recently announced by the company, Wolseley has agreed to divest 100% of its stake in Wolseley Ireland Holdings Limited to WIBHM, which is a private investor backed firm, for a total of 23.8 Million Pounds. WIHL is inclusive of the largest plumbers' merchant in the entire Republic of Ireland, Heatmerchants, which is also designated as the largest distributor of oil heating equipment across the country.

During the month of December, Irish budget carrier Ryanair witnessed a 12% growth in Traffic as travelers continued to make the most of the firm's low fares over the Holiday season.

As many as 4.9 million passengers were flown by the company over the month, as compared to the figure of 4.37 million passengers recorded for December 2008. Load factor, which is the measure of how full the airplanes are, jumped by 2 percentage points to 82%.

Reports have confirmed that its portfolio of GSM base station and switching products have been sold by ADC Telecommunications Inc. to the Irish mobile network operator, Altobridge.

The deal was announced on Thursday, and apart from the fact that about 70 of ADC's employees will be taken in by Altobridge, no other terms have been disclosed.

A website for sex education has been launched by the Crisis Pregnancy Agency (CPA).

The web address "b4udecide. ie" provides education and gives tips to ados to deal with their queries related to underage sex. It is a website containing all the information regarding sex and relationships.

An Post last night announced that it is looking to axe cut as many as 1,375 jobs between 2010 and 2012, which would substantially cut down its current workforce of nearly 10,000 people.

As confirmed by the company, the cut will be applicable to all levels across all departments, including headquarters, collection, retail and processing, and although the terms have not been shard yet, the cuts will be on voluntary basis.

TalkTalk, UK's giant telecommunication and broadband service provider, has announced that it will be hiring as many as 60 new employees for its customer service and sales center placed in Waterford. The center already boasts an employee base of 700 people.

As has been confirmed by the company, 50 of the total jobs will be full-time and the remaining 10 would be part-time. Set up in 1998, the company's Waterford center offers customer support for customers of TalkTak and AOL across UK.