Mike Quigley is likely to remain in his NBN Co. Office until after the federal election as the company’s board looks for a replacement. Mr. Quigley announced his retirement yesterday, saying after four years in the top job at NBN Co., It was the right time to leave. During his ten years, the project faced a number of setbacks, including roll-out delays and / issues. Mr. Quigley will continue in the lead role until the board appoints his successor. 

 

Portugal’s borrowing costs have risen to a seven-month high as political tensions grow over the country’s bailout term. Euro zone ten-year bounce hit a high of 7.9% before easing back slightly while the Lisbon stock market closed down 1.6% yesterday. Earlier, Opposition socialists summoned renegotiation of Po