Workers put on gowns before entering a sterile environment where stent grafts and catheters are produced at the Medtronic assembly plant in Tijuana, Mexico. Photographer: David Maung/Bloomberg

Medtronic posted a quarterly profit that was in line with analyst expectations, helped by sales of new heart devices, and said its $42.9 billion purch(...)

Covidien is an Irish-registered plc multinational which employs about 1,500 people. Photograph: Cyril Byrne

Multinational medical supplies group, Covidien, transferred the right to loans totalling $6.9 billion from Luxembourg to a new Irish company as par(...)

Luxembourg’s prime minister, Xavier Bettel, held a press conference to defend the country’s tax practices. Photograph: Nicolas Bouvy/EPA

New disclosures about Luxembourg tax agreements involving billions of euro by companies with operations in Ireland are published today as politicia(...)

EasyJet rallied 6.4 per cent to 1,459 pence sterling in London. The airline said it expects to report pretax profit of at least £575 million for the year ended September 30th. In Dublin, Ryanair added 2.52 per cent to close at €7.597. Photograph: Denis Doyle/Bloomberg

European stocks rebounded yesterday on better-than-expected jobs news from the US. Disappointment with the European Central Bank’s asset-buying(...)

The Salix deal termination came less than two weeks after the US treasury department took a series of steps to curb “inversion” deals that let companies avoid US taxes by reincorporating abroad.

One US pharma company called off it Irish-based “inversion” merger yesterday in response to US Treasury measurers, while another restructured its deal(...)

 Enda Kenny said Ireland was a place where “real companies employ very significant numbers of people”.

Ireland is “not a brass-plate location” for companies moving their residency for tax purposes and the Government has told the US it has never been a(...)

US medical device maker Medtronic’s plan to move its tax base to Ireland may be in doubt under rules announced by the Obama administration yesterday.

Medtronic, the Minnesota-based medical device maker that’s planning to take an Irish tax address, may become one of the biggest losers under rules ann(...)

The Obama administration has begun a crackdown designed to curb tax avoidance by US companies moving to low-tax countries with new rules aimed at stemming the pace of “corporate inversions”. Photograph:  Shawn Thew/EPA.

The Obama administration has begun a crackdown designed to curb tax avoidance by US companies moving to low-tax countries with new rules aimed at stem(...)

US president Barack Obama: denounced corporate inversion as “unpatriotic” and referring to companies availing of the practice as “deserters”. Photograph: Saul Loeb/The New York Times

Having ramped up the rhetoric, it appears that the United States will once again fail to deliver. As the OECD is due today to publish its report on Ba(...)

18-21 Henry Street: the shops are occupied by HMV, Vision Express, Boots, Stars & Stripes and Tiger and have an average unexpired lease term of 5.25 years

Irish Life has emerged as the top bidder for a block of five shops on Dublin’s Henry Street which form part of a mixed portfolio of commercial proper(...)