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The best news, analysis and comment from The Irish Times business desk

The project is expected to be the largest under Nippon Steel's commitment to invest $11 billion by 2028.

Frank O’Keeffe talks about EY’s new strategy, its plan to hit €1.3bn in revenues and the impact of AI on the firm

A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the "billionaire's tax," should the measure be voted into law.

As it continues to feel the squeeze on its broadband and pay-TV operations, Comcast executives said Thursday that the company will take a $1 billion charge for the current fourth quarter that will include layoffs as part of an ongoing revamp of its core connectivity business of broadband, pay-TV and wireless. The media giant flagged […]

Star and content power were in focus at the Paramount U.K. upfront event in central London.

OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.

Older Americans reported $2.1 billion in fraud losses of at least $100,000, accounting for 70% of the $3 billion lost overall, according to the FTC.

Elon Musk has invested $1 billion in the new Skydance, according to a report in Semafor, amid speculation by Wall Street, industry players and, yesterday, John Malone, that the world’s richest man and Tesla chief would step in to lend his friend Larry Ellison a hand. At a conference yesterday in New York, the former […]

Multiple new reports claim that the budget for Gears of War: E-Day was $500 million. Both Kotaku and Chris Dring of The Game Business reported today, with Kotaku's report saying the number does not include marketing costs. Jez Corden of Windows Central added that the $500 million figure is not wrong, but his own sources aren't able to say definitively if tha

President Donald Trump must sit for a deposition in his defamation lawsuit filed against the BBC, the judge overseeing the case ruled. “Engaging in discovery is burdensome, but is a burden we undertake, especially if we file a lawsuit,” U.S. Magistrate Judge Enjoliqué Aytch Lett said at a hearing in the case Thursday, as reported […]

<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_1706,w_2560/743206' alt='PRIME MINISTER Benjamin Netanyahu, Energy and Infrastructure Minster Eli Cohen visit the Leviathan gas platform, October 22, 2026. (photo credit: Amos Ben-Gershom (GPO))' title='PRIME MINISTER Benjamin Netanyahu, Energy and In

The high court has ruled that irregularities made parts of the Department of Health’s multibillion-rand ARV tender unlawful, ordering the department to reconsider the awards within 120 days. Current suppliers must continue deliveries to prevent shortages while the department investigates possible bid collusion and corrects scoring errors.

Nigerian singer Mr. Eazi has expressed confidence that he could soon become Afrobeats’ first US dollar billionaire, a milestone he says could happen soon. Read More: https://punchng.com/mr-eazi-predicts-becoming-afrobeats-first-dollar-billionaire/

David Ellison's father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk.

<p>Exclusive: Sasan Ghandehari’s partnership with religious foundation raises questions about past dealings with republic criticised by Nigel Farage</p><p>Nigel Farage’s newest billionaire donor was in business with a powerful Iranian religious foundation under the authority of the country’s supreme leader, raising questions about his past dealings with the

The UAE is to invest a further €15 billion ($16.8 billion) into Greece as part of a joint initiative between the nations The plan was unveiled on the sidelines of an official visit to the European country by Sheikh Khaled bin Mohamed , Crown Prince of Abu Dhabi, on Thursday. It builds on the joint investment initiative, which was launched in May 2022 with a

The president had agreed to sit for a deposition on Oct. 16, but it was canceled for what was described as a “matter of national importance.”

American farmers are struggling with high prices as the Iran war and the Trump administration's tariffs drive up costs. President Trump announced an $8 billion relief fund for farmers ahead of the midterm elections. Founder and president of the National Black Farmers Association John Boyd Jr. shares his thoughts.

Comcast is gearing up for significant job cuts in its cable and telecom business in the coming weeks, as the media conglomerate restructures ahead the expected spin-off of NBCUniversal in 2027. On the company’s third-quarter 2026 earning call, CFO Jason Armstrong said Comcast expects to take a restructuring charge of more than $1 billion in […]

<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_2828,w_4242/743180' alt='This picture taken on January 22, 2024 shows a section of JT-60SA, the world's biggest experimental nuclear fusion reactor at Naka Fusion Institute in Naka city of Ibaraki Prefecture. (photo credit: PHILIP FONG/AFP via Getty I

California's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3.

The State Railway of Thailand (SRT) has filed a suit with the Central Administrative Court demanding that Asia Era One Co, a consortium led by the Charoen Pokphand Group, pay 13.3 billion baht owed under the contract to build the long-stalled three-airport high-speed rail project.

Instagram and Facebook parent company Meta has been hit with the biggest fine in its history, ordered to pay more than $35 billion over lies about users' privacy.

<img style="float: right" src="https://i.ds.at/XekD4g/rs:fill:150:0/plain/lido-images/2026/06/10/04869244-6859-45d3-95ef-a501cb3ecc42.jpg">Obwohl die Sparquote heuer auf 8,4 Prozent sinkt, überspringt das Finanzvermögen die Billionengrenze. Trotz hoher Inflation sind die Haushalte in den vergangenen zehn Jahren wohlhabender geworden

The fund has a current value of around $2.3 trillion.

The UAE has led an international digital fraud crackdown in which hundreds of arrests were made and more than $39 billion in illicit funds and assets uncovered. Operation Confrontation Ghost – overseen by the Ministry of Interior – thwarted more than 123.7 million online fraud attempts worldwide, blocked 4,126 bank accounts, shut down 570 social media accoun

SINEXCEL (300693.SZ), perusahaan global yang menyediakan solusi penyimpanan energi, pengisian daya mobil listrik (EV), ...

Family of former UAE ambassador Mahdi Al Tajir looks to sell prized UK property assets as lenders try to recoup unpaid debts

U.S. President Donald Trump, who recently hailed his "great friendship" with Chinese leader Xi Jinping, has resisted pressure to OK the arms package.

A judge in New Mexico has ordered Meta to pay $25 billion in civil penalties for deceiving users about privacy on Facebook. The ruling Wednesday by state District Court Judge Francis J. Mathew came in the state’s landmark Cambridge Analytica case against Facebook for violations of New Mexico’s Unfair Practices Act. It is the largest […]

Remote ski lodge owned by IT tycoon up for grabs for $1.8m-plus.

The ruling came in a case stemming from allegations that Cambridge Analytica obtained data from millions of Facebook users without their consent.

Meta’s board feared that its CEO’s departure could disrupt the company’s AI ambitions. A new stock agreement gives him financial incentives to stay put.

Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general. That's according to the company's third-quarter earnings report released on Wednesday, which says Meta's income from operations would have been $22.89 billion without the settlement. In August, Meta agreed to pay $17.1 […]

The case stemmed from the nearly decade-old Cambridge Analytica scandal.

Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations on per-share earnings Wednesday even as its quarterly revenue was up 28%. The company’s revenue for the quarter hit $64.6 billion, up 26%, while its net […]

The verdict should be seen as a warning for tech companies that New Mexico will hold them accountable, state Attorney General Raúl Torrez said at a news conference.

A New Mexico judge ordered Facebook's parent company, Meta, to pay $25 billion for misleading users over the Cambridge Analytica breach, which took place during Donald Trump's first presidential campaign.

The Cambridge Analytica scandal has come back to haunt Meta after a New Mexico judge ordered it to pay $25 billion in penalties for more than 43 million violations of the state's unfair practices law. The ruling marks the biggest legal hit Meta has taken this year, even as it's faced several other losses or […]

It is Canada’s latest dollop of federal aid for companies that have faced financial strain since President Trump imposed hefty tariffs on foreign-made metals and automotives.

The actor, whose credits include 'Orange Is the New Black,' and 'John Wick: Chapter 3 – Parabellum,' shared their résumé on Instagram as they look for employment outside of the entertainment industry.

A New Mexico state judge on Wednesday ordered Meta to pay $25 billion after a jury found the company liable last month for deceiving users about Facebook‘s data privacy and content moderation policies. The judgment by state judge Francis Mathew capped a yearslong legal case waged by the state, which first sued the state in […]

A jury found that the social media company had deceived consumers for years about its data privacy policies.

A judge has ordered Meta to pay New Mexico $25 billion after a jury found the company liable for deceiving users about privacy and content moderation on Facebook

Was John Malone just spit-balling — or does he have some inside info about some financial machinations brewing among the Ellisons, Skydance and Elon Musk’s SpaceX? Malone, the media mogul known as “The Cable Cowboy” for his investments across the cable and telecom sector over five decades, suggested there will be a sizable investment coming […]

The penalty, one of the largest levied against a tech giant, stemmed from a lawsuit by New Mexico claiming the social media company had misled users about their data privacy.

Meta to pay $25 billion in penalties related to Cambridge Analytica scandal in New Mexico.

OpenEvidence is booming despite questions about accuracy and ads.