Billionaire Carlos Slim is bowing to imminent antitrust legislation by planning a breakup of America Movil SAB’s phone operations in Mexico rather than risk profit- crushing restrictions if his company did nothing to curb its dominance. Photograph: Susana Gonzalez/Bloomberg

Billionaire Carlos Slim is bowing to imminent antitrust legislation by planning a breakup of America Movil SAB’s phone operations in Mexico rather tha(...)

“Mexico’s past offers a warning; its present offers hope. But it is far from certain that the programme of reforms will also be sufficient to generate the improved performance the country needs.”

If Narendra Modi, India’s prime minister, seeks an example of a democratically elected leader embarked on radical reform, he could look to Enrique (...)

Denis O’Brien: Digicel sought rugby injunction

No try once again for Denis O’Brien’s Jamaican outfit Digicel in its efforts to prevent the loss of its sponsorship of the Fijian rugby team to(...)

Denis O’Brien grew his wealth by $800 million last year, according to Forbes, making him the second richest person in Ireland and the 234th in the world with a fortune of $6 billion. Photograph: David Sleator/The Irish Times

Denis O’Brien, the telecoms and media entrepeneur, added $800 million (€579m) to his fortune in 2013, according to the just published Forbes Bi(...)

Can it possibly be morally defensible that the annual return on the wealth of the world’s richest man, Mexico’s Carlos Slim, is the equivalent of the (...)

Bill Gates’s fortune increased by $15.8 billion last year, according to the index, as shares of Microsoft, the world’s largest software maker, rose 40 per cent. . Photographer: Ramin Talaie/Bloomberg

Microsoft founder Bill Gates has recaptured the title of world’s richest person with estimated fortune of $78.5 billion.The 58-year-old tycoon’s fortu(...)

Denis O’Brien: Digicel bid in Dominican Republic

We all know the future is bright for the billionaire Denis O’Brien, but is it Orange? His Caribbean-based telco Digicel appears to limbering up for a (...)

Denis O’Brien hinted this week that he may look to enter the telecoms market of Ethiopia

Denis O’Brien’s Digicel is expected to submit a €1 billion offer this week for the Dominican Republic operations of Orange, formerly France Telecom, a(...)

Ryanair climbed 1.8 per cent to €6.28 as shareholders responded warmly to its indication that it will launch new Irish routes. Photograph: Alan Betson/The Irish Times

European stocks spent most of the day in decline, but a rally in the final half hour of trading helped erase earlier losses, leaving the Stoxx Europe (...)

Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group Inc; Jim Rogers, chairman of Duke Energy Corporation; and Denis O’Brien, chairman of Digicel Group, during a taping of CNN’s Fareed Zakaria CNN-GPS show at the annual Clinton Global Initiative during the week in New York City. Photograph: Ramin Talaie/Getty Images

Digicel, the Caribbean mobile phone network controlled by Denis O’Brien, is understood to be preparing an estimated €1 billion bid for the Dominican R(...)