Bord Gáis will issue an information memorandum to potential bidders for its retail division, Bord Gáis Energy, by the end of this month, with the sale of the unit expected to be completed later this year.

Bord Gáis will issue an information memorandum to potential bidders for its retail division, Bord Gáis Energy, by the end of this month, with the sale of the unit expected to be completed later this year.

Upbeat retail sales figures in the US outweighed concerns over Spain’s creaking finances today as world markets continued to make solid gains.

TUI Travel led London’s blue chip share index into the red today as stocks suffered in cautious trading ahead of key forecasts from UK and US central banks.

Another UK power firm was poised for foreign ownership today after International Power agreed a merger with France’s GDF Suez.

A positive start to trading on Wall Street safeguarded gains on the London market today as investors cheered signs of a revival in deal activity.

Signs of a revival in major deal activity encouraged investors today after a difficult few sessions for world markets.

Plans to build a new nuclear power station at Sellafield were advanced today after a consortium of energy firms bought land earmarked for the development.

EUROPEAN UNION authorities, which recently imposed hefty fines on chipmaker Intel and utilities E.ON and GDF Suez, intend to increase pressure on these sectors, the EU’s antitrust chief said yesterday.