Data protection firm IDT911 will open its European headquarters in Galway, creating 60 jobs. The positions will be rolled out over the next five years.
The firm provides cyber security services to some 17.5m private customers, and 750,000 businesses.
Its Irish office will focus on providing identity management and data support services.
IDT911's Chief Operating Officer, Sean Daly says that a strong pool of graduates, and supports provided by Irish state bodies convinced the company to come to Ireland.
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Angela Merkel will meet Greek PM Alexis Tsipras later today - and he has written to her ahead of the meeting, warning that his government is being forced to choose between paying off loans or continuing social spending, such as paying pensions and the salaries of public servants.
He says: “Servicing the debts would lead to a sharp deterioration in the already depressed Greek social economy – a prospect that I will not countenance.”
Mr Tsipras has warned Germany that Greece cannot meet imminent debt payments without new aid - Angela Merkel says that the country will have to introduce economic reforms to secure more funding.
The letter is particularly critical of the ECB. Both leaders are playing down the significance of today's meeting - the two are scheduled to hold a joint press conference at 5:15pm GMT.
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The largest international food international food buyer event ever held in Ireland takes place this week.
More than 400 buyers are to attend Bord Bia's week-long Marketplace event – about 100 of these are from Asia, including the largest-ever Chinese trade delegation to travel to Ireland.
The buyers will meet over 140 suppliers in what has been termed a food industry 'speed-dating' fest. Many buyers will visit factories, farms and shops across the length and breadth of the country.
Bord Bia says its targeting an additional €30m in food and drink export sales arising from this week’s event.
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A key oil executive from Saudi Arabia – the world’s largest producer of oil - has forecast that oil will not hit prices of $100 a barrel for the foreseeable future – if ever.
Mohammed Al Madi, Saudi Arabia’s governor to OPEC said he didn’t think it would reach these levels again because if it did high cost producers such as shale gas producers in North America would flood back into the market and drive prices down
The price of oil on world markets has slumped by almost 50 percent over the past year. OPEC has chosen to not cut its level of production.
This situation unlikely to change as far as Saudi Arabia is concerned as Mr Al Madi said his country would keep investing to maintain its current output capacity.
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Government wants to grow the value of the tourism sector to €5bn by 2025.
It's currently worth €3.5bn to the economy every year, and Minister Paschal Donohoe will launch new policies for the area later today.
It is also hoped the plans will see the numbers employed in the industry grow to a quarter of a million over the next 10 years.
Taoiseach Enda Kenny will join the Minister for the launch in Kilkenny Castle.
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Ireland could create 5,000 jobs in the financial technology industry by 2020 - this would represent a doubling of the amount of people employed in the sector.
A report from Deloitte says that major financial service companies are using outdated programmes that need to be updated.
David Dalton, head of financial services at Deloitte Ireland, told The Irish Times that there needs to be more interaction between this growing industry, and Ireland's already strong financial services sector:
“Our view is that the fintech and financial services industries are inter-related and mutually dependent. The connectivity between the two sectors needs to be significantly enhanced.”
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Chinese National Chemical Company seems set to take a majority stake – perhaps up to 65% in the giant Italian tyre company, Pirelli.
The deal which could be confirmed today is expected to value Pirelli at about €7bn, and would represent one of the largest overseas acquisitions by a Chinese State firm in recent years.
This continues a trend – known as the 'reverse Marco Polo effect' – of significant Chinese investment in Italy to capture well-know brands ranging from Benelli Scooters to Wilson shoes.
Not clear what the Chinese attitude to the Pirelli calendar will be...
