All three major US indexes were up almost 2 per cent on Thursday. Photograph: Lucas Jackson/Reuters

Stock markets around the world rallied on Thursday and crude oil rebounded after strong US economic data and hints from a Federal Reserve policymake(...)

Abbott plans to make a cash and stock bid, according to the report Photograph: Bloomberg

Drugmaker Abbott Laboratories is preparing a bid for St Jude Medical that would value the medical device maker at about $25 billion (€22bn), the Finan(...)

Joe Papa, chief executive  and president of Perrigo, which is fighitng off the unwatned advances of rival Mylan. Photograph: Brenda Fitzsimons / THE IRISH TIMES

Mylan appeared to hit a significant hurdle in its quest to buy a fellow drug maker, Perrigo, when an influential advisory firm recommended Friday morn(...)

Privately, some shareholders have been scathing about the tactics Mylan used to defend itself from a hostile takeover  by Teva. Photograph: Getty Images

Mylan, the generic drugs group, has launched a staunch defence of the tactics it used to repel a $40 billion hostile takeover attempt by Teva, amid po(...)

Officers carry debris from an unidentified aircraft apparently washed ashore in Saint-Andre de la Reunion, eastern La Reunion island. Photograph: EPA 0:50

Plane debris washed up on the French island of Reunion in the Indian Ocean is almost certainly part of a Boeing 777, a Malaysian official and aviatio(...)

Sales in the company’s established pharmaceutical products business, which includes branded generics, rose 31.3 per cent

Abbott Laboratories, which employs almost 3000 people in Ireland, reported a slightly better-than-expected quarterly profit, helped by higher sales o(...)

AbbVie chief executive Rick Gonzalez and Taoiseach Enda Kenny at the official opening of the newly expanded AbbVie facility in Sligo last year.

AbbVie is to expand its medical device manufacturing facility in Sligo, creating 50 highly-skilled jobs over the next four years. The biopharmaceutica(...)

Gaia Dempsey, managing director of DAQRI International, speaking to students at a Smart Futures talk

Managed by Science Foundation Ireland (SFI) in partnership with Engineers Ireland, the Smart Futures programme is aimed at promoting science, technolo(...)

An ambulance carrying the coffin of a death row prisoner arrives at Wijayapura port after returning from the prison island of Nusakambangan in Cilacap, Central Java, Indonesia. An Indonesian firing squad executed eight convicted drug-traffickers from several countries on Wednesday, prompting Australia to recall its envoy to Jakarta and bringing an angry reaction from Brazil. Photograph: Beawiharta/Reuters 1:37

Australia will withdraw its ambassador from Indonesia in protest at the execution of two of its citizens for drug smuggling.Prime minister Tony Abbott(...)

Domino’s Pizza: results out Thursday. Photograph: REUTERS/Luke MacGregor
For your diary

TODAY Results: Hasbro; M&T Bank; Morgan Stanley; Sanmina. Indicators: Euro zone construction output (Feb); US Chicago Fed national activity index (...)