Ryanair warns of further cuts, Stripe to raise more funds, and AI for cows’ faces - News Summed Up

Ryanair warns of further cuts, Stripe to raise more funds, and AI for cows’ faces


Speaking to The Irish Times’ Charlie Taylor, Ryanair DAC’s chief executive Eddie Wilson called on the Government to do more to ensure the overall survival of air travel in Ireland. In other airline news, Willie Walsh has been appointed the next head of the International Air Transport Association (Iata), a position that will involve the former British Airways chief executive leading the industry’s response to the pandemic. The London-listed group conducted a £90 million (€101 million) share placing on Tuesday to limit the financial fallout from the pandemic, reports Eoin Burke-Kennedy. Digital bank N26 is in a position to capture a million customers in the Republic, the its new Irish chief operating officer Adrienne Gormley told The Irish Times on Tuesday. Cainthus, an Irish agtech start-up that has developed facial recognition for cows, is seeking to raise more than $50 million (€42m) from investors.


Source: The Irish Times November 25, 2020 06:22 UTC



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