Opening Bell: GE campaign turns to the economy, fall in BOI value wipes €470m off the State holding, GoPro struggles

Get up to speed with today's breaking Irish and international business news

The economy looks set to dominate day two of Election 2016 - Fine Gael will launch its long term, and long awaited, economic plan this morning.

Labour is sticking to the financial theme - in Co. Louth Joan Burton will unveil plans on how to achieve full employment.

Fianna Fáil will outline proposals for mortgages and Micheál Martin will campaign in Waterford.

Sinn Fein President, Gerry Adams will campaign in Louth and Dublin.

The People Before Profit-Anti Austerity alliance will launch its campaign in the capital - as will the Green Party.

______________________________________________________

Over the last year €470m has been wiped off the value of State's Bank of Ireland shares as the bank's stock slid.

Irish Independent reports that the value of taxpayers' 14% holding now has a market value of €1.29bn - that's down from €1.76bn in 2014.

During rocky early 2016 trading the bank's shares have fallen by 15%.

______________________________________________________

GoPro has been forced to issue a profit warning, cutting its revenue forecast to no more than $180m - down from an expected $300m.

Slowing demand, and increased competition in the in micro HD camera area, particularly from China, have hurt the company.

Chief Executive Nicholas Woodman said, "We recognise the need to develop software solutions that make it easier for our customers to offload, access and edit their GoPro content."

GoPro will cut some of its budget models, while it continues to build its own photography drones.

______________________________________________________

115 jobs are being created at Belfast International Airport. The 85 full-time and 30 part time positions are across the airport's operations - including its taxi service - which says Ryanair's new services will lead to an increase in traffic.

Recruitment for all the jobs is underway with management saying the staff are needed now.

A jobs fair will take place next Monday - full details are available on the airport's website.