Live News: 125,000 connected to fibre through NBP; BoA reiterates ‘buy' rating for Flutter
Welcome to the Business Post's Live News section. We're here all day to keep you up to date on developments in business, tech and current affairs.
07.45 - 125,000 connected to fibre through National Broadband Plan
Over 125,000 premises in Ireland have signed up to high-speed fibre broadband through the National Broadband Plan.
This is a takeup rate of 35 per cent, out of the total 361,000 premises connected to date, which is ahead of projections and international comparisons.
07.30 - Bank of America reiterates 'buy' rating for Flutter
Analysts at Bank of America have reiterated a buy rating for betting giant Flutter and set a share price objective of $295.
The analysts said the Dublin-headquartered company was well-positioned for long-term growth despite recent concerns around slowing US sports betting 'handle' - and persistently low 'hold rates'.
The reassessment followed Flutter competitor DraftKings's first-quarter 2025 earnings, which, while highlighting some near-term pressure, revealed deeper structural positives for Flutter's FanDuel brand, the analysts said.
Emma Hanrahan has more.
07.15 - Asian markets mostly rise
Most markets in Asia rose in overnight trading, as the ongoing enthusiasm over trade continues.
CSI 300 (China): +0.97%
Nikkei 225 (Japan): -0.19%
TAIEX (Taiwan): +2.12%
Hang Seng (Hong Kong): + 1.71%
Kospi (South Korea): + 1.16%
07.00 - Good Morning
Good morning from the Business Post, Fionn Thompson here with you to keep you up to date on all the latest in business and current affairs.
Leading our site this morning is the news that Goldman Sachs is in talks for an Irish launch of its retail bank Marcus.
It's understood the group has held talks with regulators about an Irish launch of its retail bank Marcus, a move that could shake up the country's heavily concentrated market and give the Wall Street giant access to tens of billions of euros in deposits.
Elsewhere, the Irish Independent has reported that the Companies Registration Office (CRO) says IT failures mean automated strike-offs are still not possible.
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