IBM plans to hire up to 800 more people in Ireland to help build advanced software underpinned by AI technology, the biggest job announcement in the country's multinational sector this year. The U.S. IT software and consultancy services provider, which is one of the largest multinational employers in Ireland with 3k staff, will add roles in research and development, digital sales and consulting.
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Warren Buffett’s Berkshire Hathaway unveiled a big investment in Chubb, resolving a mystery that has intrigued followers of the Omaha, Neb., company. Berkshire’s stake in the insurer was worth $6.7 bn at the end of March, per a regulatory filing made public after the market closed Wednesday. Berkshire amended earlier filings to show it had been building the position in the second half of 2023.
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Oil and Natural Gas Corporation has entered the fray to acquire a significant majority stake in Ayana Renewable Power Pvt. Ltd, as India’s largest crude and natural gas producer seeks to bulk up its clean energy portfolio. Sembcorp Industries, Macquarie Group, and JSW Neo Energy have also submitted non-binding bids for the green energy company.
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