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Simon Coveney: “There are about 80 people working on this for the State to get this contract right”

A scheme to provide rural broadband will be in place by September so the Government can deliver it rapidly, Tánaiste Simon Coveney has told the Dáil. (...)

 Regional broadband: Eir’s departure renders the Government’s procurement process uncompetitive, a scenario that might prompt a recalibrated tender process. Photograph: Paul Bradley

The single biggest question hanging over Eir’s sudden departure from the Government’s broadband process is who pulled the plug, effectively turning th(...)

Minister for Communications Denis Naughten, who insisted on Wednesday the Government has not been put in a difficult position by Eir’s sudden withdrawal and that the plan, which aims to equip 542,000 homes and premises with high-speed connectivity, would be delivered on time and at no extra cost to the taxpayer. Photograph: Gareth Chaney/Collins

Minister for Communications Denis Naughten has, for the first time, raised the prospect of pursuing an alternative plan to bring high-speed broadband (...)

SSE Generation Ireland Limited operates four plants and has a further two sites in the Republic. Photograph: iStock

The Irish electricity generation arm of London listed energy company SSE has posted a loss of €11.1 million stemming from a revaluation of oil-burning(...)

British Gas and Bord Gáis energy owner Centrica was the biggest loser on the FTSE on Thursday, falling by over 15 per cent. Photograph: PA Wire

Ireland’s benchmark Iseq overall index dropped by 0.51 per cent on Thursday - a day when no stocks were traded in New York due to Thanksgiving. Acro(...)

Centrica is forecasting earnings per share of 12.5 pence, down 26 per cent from last year, according to a trading statement published on Thursday.

Centrica plunged the most in 20 years after Britain’s biggest energy supplier to homes warned profit would be lower than expected as an increasing num(...)

Stephen Wheeler, MD of SSE Ireland. Photograph: Cyril Byrne

Airtricity owner SSE’s Irish operations earned profits of almost €44 million in the 12 months to March 31st, the group’s last financial year. The new(...)

A rally on Wall Street paused on Thursday following lacklustre quarterly earnings from JPMorgan and Citigroup.

There were record closes for the UK’s FTSE and Germany’s benchmark index Dax, but it was a slow day on the Iseq index. Dublin Bank of Ireland traded(...)

European shares fell with Spain’s IBEX marking its biggest loss since last year’s Brexit vote shook equity markets

European shares fell on Wednesday on the back of the crisis in Catalonia, while US secretary of state Rex Tillerson insistence that he did not conside(...)

 An abrupt sell-off in technology stocks that started around midday  in New York trading dragged the S&P 500 technology sector down as much as 4.2 per cent.  Photograph: Michael Nagle/Bloomberg

The election upset for UK prime minister Theresa May sent Britain’s major share index shooting up on Friday, feeding off a weaker currency, while hous(...)

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