Billionaire Jack Ma,  the 50-year-old founder of China’s biggest e-commerce company Alibaba, saw added $25bn to his fortune.  (Photograph: Ashley Pon/Bloomberg)

The richest people on Earth got richer in 2014, adding $92 billion to their collective fortune in the face of falling energy prices and geopolitical t(...)

Denis O’Brien: Digicel made him a billionaire.  Photograph: Dara Mac Dónaill

Denis O’Brien is well known in business and media circles for taking a rather muscular approach to his opponents and critics. He may need to beef up a(...)

Photograph: Reuters /Lucy Nicholson
Planet Business

This is Mexican telecoms magnate Carlos Slim, who used to be the richest man in the world, having a natter with Rupert Murdoch, who used to be one of (...)

Eircom ran into a wall with institutional investors as its highly paid advisers Goldman Sachs, Rothschild and JP Morgan quietly sounded them out regarding an IPO. Photograph: Eric Luke

Common sense appears to have prevailed at Eircom, with the scrapping yesterday of its flotation plans. When it first announced back in April th(...)

Operating costs at Eircom totalled €814 million for the year, up €87 million on the previous 12 months.

Eircom, which yesterday reported a six per cent drop in yearly revenues to €1.28 billion, has denied recent speculation that it held discussions over (...)

Mexican telecoms billionare Carlos Slim also believes retirement should be later.

Carlos Slim’s proposal that we work a three-day week sounds crazy. But many, in 1922, thought Henry Ford crazy when he announced that his staff would (...)

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(...)