In short

A roundup of todays other stories in brief.

Dunn takes over at NTL Chorus

UPC Broadband chief financial officer Robert Dunn will take over as managing director at Irish cable television group NTL Chorus.

UPC, the European arm of multinational Liberty Global, announced Mr Dunn's appointment yesterday.

NTL head of products, Mark Coan, will take over as head of marketing and sales.

Mr Dunn qualified as an accountant with Price Waterhouse, and worked for Impress Metal Packaging in Amsterdam before joining UPC.

Horizon to buy SAP partner

Horizon Technology Group will pay up to €3.5 million to acquire Enterprise Process Consulting (EPC), an Irish SAP consulting partner.

Horizon will pay an initial €2 million, with two further payments, capped at €1.5 million, to follow depending on results achieved in the next two years.

Oil prices rise $1 to $69 a barrel

Oil prices climbed more than $1 to nearly $69 a barrel on Monday on rising tension over oil-rich Iran's nuclear programme and continuing supply disruptions in Nigeria. - (Reuters)

Call for clarity on 'golden share'

Siptu has called on the Government to clarify whether a "golden share" in Aer Lingus is legal under EU competition law.

Last week a spokesman for the EU commissioner for the internal market and services Charlie McCreevy said golden shares had no place in the internal market.

O2 offers business calls for flat fee

Mobile phone group O2 is offering business users unlimited calls within its network for a monthly flat fee. For a monthly fee of €20, calls by small and medium business customers to other O2 mobiles will be free within the State, but customers will pay 20 cents a minute for calls made to non-O2 users and landlines.

Lundin extends Kilkenny drilling

Lundin Mining, the Swedish company that took over Arcon last year, said it had extended the drilling at its Galmoy Mine in Co Kilkenny after discovering significant new mineralisation. However, the company said it was too early to say what effect the extension would have on the mine's reserves.

Drayne fronting €525m investment

Padraig Drayne, one of the investors in Dublin's Jervis Street shopping centre, is understood to be fronting a group of private Irish investors who have completed a €525 million investment in the Fosse Park shopping centre, Leicester, England. It is the biggest single retail investment in Britain by Irish developers.

Viking Splash Tours purchase

An item in these pages last Saturday referred to the purchase of Viking Splash Tours by Sea Safari. The piece stated that Sea Safari had been founded by Fergal and Des Walsh. This should have read Fergal and Des Rogers.