Competition and Markets Authority says investigation shows determination to take enforcement action against illegal anti-competitive practices

Drug giant GlaxoSmithKline (GSK) and a number of generic pharmaceuticals firms have been fined €45 million for anti-competitive practices. The fine w(...)

GlaxoSmithKline chief executive Andrew Witty pledges improve profits.

GlaxoSmithKline chief executive Andrew Witty asked investors to give him three years to improve profitability at the biggest UK pharmaceutical company(...)

Ryanair CEO Michael O’Leary: results due Monday. Photograph:  EPA/OLIVIER HOSLET
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TODAY Results: Alphabet; Bankia; LG; Ryanair; Universal. Indicators: Irish Investec manufacturing PMI (Jan); German Markit manufacturing PMI (Jan); eu(...)

The logo of Swiss pharmaceutical company Novartis is seen at the company’s plant in Hueninge, France

Swiss drugmaker Novartis has appointed a new head of its Alcon eye care division after the company fell short of fourth-quarter earnings expectations(...)

Bob Ingram was last week appointed interim chairman of troubled the troubled firm. Photograph: Christinne Muschi/Reuters

Drug industry veteran Bob Ingram is developing a knack of landing tricky roles. Best known in Ireland for his chairmanship of Elan in its last days a(...)

Ciaran Lynch, Chairman of the Oireachtas Committee of Inquiry into the Banking Crisis

The architecture of Irish governance compares favourably with other jurisdictions. Successive Irish governments have introduced far-reaching reforms o(...)

Apple shares were higher  after it posted a strong earnings report, driven by iPhone sales. Shares of Apple gained 2.5 per cent in New York. Photograph: Paul Miller/EPA

US and European stocks rose on Wednesday ahead of the Federal Reserve’s decision, which investors hoped would clarify the central bank’s rate hike p(...)

CRH rose more than 3% to close at €25.44, in line with other internationally focused stocks on the Iseq, which reacted well to  news of possible ECB stimulus and the Chinese rate cut.

Stellar performances from the Iseq’s blue-chip stalwarts drove the index forward by 1.7 per cent, as European shares rose to two-month highs yester(...)

Citywest: GlaxoSmithKline and AbbVie have just signed leases at  Riverwalk blocks in the business campus

More evidence of the upsurge in demand for office space comes with news of two significant lettings at Citywest Business Campus. GlaxoSmithKline, the (...)

Japan’s benchmark Nikkei 225 Stock Average surged 7.7 per cent, gaining more than 1,300 points, as sentiment was bolstered by  rallies on Wall Street and optimism on China economy. Photograph: . Franck Robichon/EPA

Global markets continued to respond to positive developments in China. In the US, stocks struggled to add to their second best rally of the year, even(...)