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Top Stories

Situational Awareness down 67% in July in AI stock rout

Leopold Aschenbrenner’s hedge fund backed out of deal to sell $3.5bn of Anthropic shares, write Peter Rudegeair and Berber Jin, The Wall Street Journal.

The $20 billion FIFA plan that is tearing apart global soccer

European countries said they would boycott all FIFA tournaments, including the World Cup, following a proposal to sell off commercial rights to private investors, write Joshua Robinson and Gina Heeb, The Wall Street Journal.

Insurtech start-up Eppione is calling in liquidators

Provisional liquidators from BDO have been appointed to the Irish business, which is regulated by the Central Bank, to assess its prospects. A sale has not been ruled out.

Banks want technophobes and late adopters to use digital wallets. It isn’t easy

Paze faces an uphill battle to get people to use its online checkout button over Apple Pay and Google Pay, writes Dalvin Brown, The Wall Street Journal.

The rise of million-dollar companies with just one employee

AI tools make it easier for founders to get started alone, and many stay that way as they grow, writesTe-Ping Chen, The Wall Street Journal.

Enda Kenny: “If you’re not an optimist in politics, then you have no chance at all”

Former Taoiseach Enda Kenny spent his career steering Ireland through crises, but his latest mission is focused on growth. The new chair of Ireland for Law is leveraging his political clout to promote Ireland as a top destination for global legal services.

Weatherford’s Irish HQ helped it wipe away billions in debt. Now it’s moving back to the US

The US oilfield services firm wants to shift its base to the US. An initial plan to move the HQ to Texas failed to garner shareholder support but now it’s planning a second go, this time to Delaware.

Even $64bn in quarterly profit is a disappointment for chip investors

South Korea’s SK Hynix falls nearly 10% in Seoul despite record results powered by AI boom, writes Jiyoung Sohn, The Wall Street Journal.

Top Voices

Tara Shine: Are you ready for the EU’s new carbon import tax? 

High-emission products imported this year are creating liabilities under the Carbon Border Adjustment Mechanism. While the measure levels the playing field for European manufacturers, businesses need to assess its cost in their supply chains.

Glen Hansard: an ailing State’s high priest of song

Despite global fame, an Oscar, and approval from Dylan, Hansard, who has died aged 56, remained at ground zero of political, world-shaking art.

Is Jim O’Callaghan’s tightening of Ipas purse strings working?

New data points to a likely reduction in refugee accommodation costs this year as a recent tightening in payment policy and rates kicks in but question marks remain over long-term savings.

Ronan Lyons: Who pays for cost rental?

Anchoring rents to cost and tapering subsidies by income is a design, not a budget line.

The stages of entrepreneurship: Stage 3 – How to turn a mature business into an enduring success

Over three decades, Anne Heraty led CPL from foundation to sale. She explains the many steps that have allowed the company to outlive her presence.

Paul McArdle: SkillStack’s journey from Rolodex to camera roll

The executive online learning platform has an A-list faculty of speakers. Its founder Robert Mac Giolla Phadraig tells me this is just the beginning.

Budget 2027 and the best-laid plans: Rewinding the week that was

The Summer Economic Statement used to ringfence tax-and-spend plans for the next year. It now shows how fast they become out of date.

Paul Flynn: Why Kerry should win – and how Mayo still can

As I walked out of Croke Park after the hurling final, I wondered if football's showpiece would follow the same script: one outstanding team proving simply too good. I still think it will.