Top Stories

Ex-BP CEO Bernard Looney to lead data-center developer

Prometheus Hyperscale aims to build projects in Wyoming and Texas, writes David Uberti, The Wall Street Journal.

U.K. digital bank Monzo to exit U.S.

Monzo pursued a U.S. license but withdrew its application in 2021, writes Elena Vardon, The Wall Street Journal.

Significant IT project overrun of €2.2m at Beaumont Hospital

The latest financial statement for the hospital board also lists several other serious internal control issues with staff overpayments, lapsed health insurance claims, and procurement rule breaches.

How investors’ three-year legal battles against No-H2O withered away

Lawsuits in the US against the car wash company never reached trial. Instead, there are withdrawn claims and default judgments. Now its former boss wants to draw a line under it.

State set to increase budget ceiling for long-underfunded fiscal watchdog

In 2021, the OECD called for a budget overhaul at the Irish Fiscal Advisory Council as funding shortfalls force the watchdog to scale back activities. A new bill is in train to act on the recommendation.

Trump reveals presidential library design: a glass tower in Miami

Video shows renderings of the building with golden escalators and a golden statue of the president raising his fist in the air, write Lindsay Ellis and Vera Bergengruen, The Wall Street Journal.

Buying the dip? This AI agent will do it for you

Public, an investing platform, will offer AI agents that can help put your brokerage account on autopilot, writes Hannah Erin Lang, The Wall Street Journal.

Chinese games giant NetEase quietly set up a Dublin office. Now it’s been quietly shut down

In recent months, the Chinese firm gradually reduced its headcount in Dublin with rounds of cuts. The last handful of employees were informed of redundancies in January.

Top Voices

Tara Shine on surviving the Iran war energy shock

Navigating the surge in energy prices now will build long-term business resilience. Don’t waste a good crisis.

Constantin Gurdgiev: Bond markets lead, the economy follows

The markets are buckling up for a long-run spike in inflationary pressures. In the US, bond vigilantes have seized control of policy from the White House and the Fed.

Paul McArdle: What happened when I took a personality test

A conversation with psychologist Ryne Sherman reshapes Paul McArdle’s view of personality testing, leadership potential, and what it really takes to succeed at the top.

Fiscal responsibility versus political imperatives: Rewinding the week that was

Since Covid, there has been a political expectation that the State will insulate everyone from everything, all the time. This is economically not viable.

Dion Fanning: The painful rebuilding of football country

An extraordinary hysteria accompanied Ireland to their World Cup play-off in Prague. Dion Fanning wonders what this longing tells us about the country and, after another defeat, will it help on the long road back for Irish football?

John Looby: The Lessons of our recent history from Paris to Barnhall

As Ireland marched towards its modern-day confident self, a rugby club emerged into what is now MU Barnhall. For those who have been there for decades, this year’s Six Nations closed the loop.

Stuart Fitzgerald: The exit-planning lessons SMEs can learn from private equity 

Mapping prospective buyers, carrying out robust internal diligence, and strengthening management teams does not mean you’re about to sell your business, but it will help you make it more resilient today – and more attractive tomorrow.

Petrol

Colm McCarthy: The State cannot afford to provide all-risks insurance for everyone

The best response to the worsening geopolitical outlook is a stronger state balance sheet. The government has chosen to wish it away.