ECB chief Mario Draghi said quantitative easing will continue until there’s sustained improvement in inflation. Photograph: Thierry Charlier/AFP/Getty Images

The Iseq in Dublin advanced by 1 per cent yesterday while UK stocks climbed to a 2008 high. The FTSE 100 in London added 0.3 per cent, as did the bro(...)

Traders work at the post that trades FedEx on the floor of the New York Stock Exchange Photograph:  Brendan McDermid/Reuters

European shares hit a 14-year high on Wednesday before a meeting at which the European Central Bank is expected to affirm its loose policy stance, a(...)

AstraZeneca may have a second chronic obstructive pulmonary disease treatmentan after a study showed an experimental combination of lung drugs improved breathing function. Photograph: Jason Alden/Bloomberg

AstraZeneca said an experimental combination of lung drugs improved breathing function, potentially giving the UK firm its second chronic obstructive (...)

Analysts warned that now that the European Central Bank had decided to use its veto on Greek bonds, a solution to the country’s debt crisis had to be found quickly.

A fall in Greek shares, sparked by the European Central Bank’s decision to stop accepting the country’s bonds, held back stock markets yesterday. A(...)

Bottles of AstraZeneca’s Nexium heartburn medication. Photographer: Daniel Acker/Bloomberg

AstraZeneca, the second-largest UK drug maker, said fourth-quarter earnings fell 33 per cent as revenue declined for two of its best-selling drugs and(...)

Pfizer has offered $90 per share in cash for Hospira Photograph: Reuters

Pharmaceutical giant Pfizer has offered to buy Hospira for about $15 billion (€13bn) to boost its portfolio of generic injectible drugs and biosimilar(...)

Scott McCauley, associate scientist at the Gilead Sciences, makes human proteins at the Gilead laboratory in Foster City, California. Photograph: David Paul Morris/Bloomberg

Anne Strange was too ill to dance at the evening reception when her daughter, Debbie, married in November but just being there was enough. The 63-year(...)

The company’s work on immune-boosting cancer treatments is advancing especially fast, chief executive Pascal Soriot said. Photograph: Bloomberg

AstraZeneca touted an “industry-leading” line-up of hot new cancer drugs as it looked to show investors it has a strong independent future just days b(...)

Virgin America president David Cush in the New York Stock Exchange yesterday before the company’s shares’ first day of trading. Photograph: Michael Loccisano/Getty Images

European stocks were little changed as slides in healthcare and commodity stocks offset gains in media companies.Eurostat, the EU’s official number c(...)

European Central Bank president Mario Draghi says policymakers are ready to implement further stimulus measures if needed. Photograph: Ints Kalnins/Reuters

Most stocks in Europe advanced as European Central Bank president Mario Draghi said policy makers are ready to implement further stimulus measures if(...)