In short

A roundup of today's other stories in brief.

Ringland, Jordan get top rally posts

Jordan Grand Prix founder Eddie Jordan and former rugby international Trevor Ringland have been appointed as chairman and deputy chairman of Rally Ireland, the Irish round of the World Rally Championships, which will take place in November.

The other members of the Rally Ireland Management Board are co-founders Seán O'Connor and Ronan Morgan, and chief executive David Marren. The four-day event will run from November 15th-18th next.

Conroy Diamonds reports loss

Conroy Diamonds and Gold has reported a loss of €144,914 for the half-year to November 30th, 2006, compared to a loss of €484,823 for the same period in 2005.

The company's board is considering various financial options to finance and gain maximum benefit from its exploration success in the Longford-Down Massif according to chairman, Prof Richard Conroy.

In a separate interim announcement, AIM-quoted Karelian Diamond Resources posted a loss of €79,989 for the half-year to November 30th, 2006, compared with a loss of €74,292 in the six months to November 30th, 2005. Prof Conroy said Karelian continued to make "excellent progress" in its diamond exploration programme in Finland.

Workers must get 'fairer' profit share

European companies must give workers a fairer share of their soaring profits or they risk igniting a "crisis in legitimacy" in the continent's economic model, Germany's finance minister warned yesterday.

Peer Steinbrück's comments were part of a concerted attempt by Europe's economic leaders to persuade companies to share profits with workers as well as shareholders.

Joaquín Almunia, the European monetary affairs commissioner, suggested workers were not getting their full reward from rises in productivity. - (Financial Times service)

Revenues rise 22% at Oakhill

Oakhill, an Irish printing and card services group, reported a 22 per cent increase in 2006 revenue, but said that adjusted earnings per share were down 18 per cent.

Oakhill said that its operating results in 2007 were expected to show a small improvement on 2006.

Airbus unions threaten strike

Airbus unions yesterday threatened serious disruption over plans by the world's second-largest aircraft maker to cut up to 10,000 jobs. Workers in one French factory called a pre-emptive strike against today's restructuring announcement. - (Financial Times service)