Blister packs of over-the-counter allergy medicines, manufactured by Perrigo. Perrigo agreed to buy Irish drug company Elan for $8.6 billion in 2013, thereby gaining a low-tax base for international expansion. Now it is being cited as a potential acquisition target for larger companies looking to pursue a similar strategy. Photograph: Andrew Harrer/Bloomberg

Dublin based drugmaker Perrigo may join Swiss based Actelion and UK-based medical device company Smith and Nephew as acquisition targets for US healt(...)

Ten milligram tablets of the hyperactivity drug, Adderall, made by Shire . Photographer: JB Reed/Bloomberg News

Shire, which has spurned a $46 billion takeover offer from US group AbbVie as inadequate, has a new reason to argue it is worth more after a US court (...)

Richard Pops, Alkermes chief executive, says that the company is not interested in being bought out as it nears the launch of new drugs.Photograph: Dara Mac Dónaill / THE IRISH TIMES

Dublin-based Alkermes has the low-tax domicile currently in vogue among multinational pharmaceutical companies but is not interested in being bought o(...)

Lloyds was ordered to sell the 631 TSB branches by European regulators by the end of 2015 as a condition of its state  bailout. Photograph: Matthew Lloyd/Bloomberg

Shares in TSB rose sharply following its debut on the London stock market after Lloyds Banking Group sold more of the offshoot business than originall(...)

Fatface has pulled its planned London listing, raising fears a window for flotations may be closing.

Clothing chain Fat Face is pulling the plug on its planned £110 million listing in London, citing poor equity market conditions, and adding to signs(...)

Wm Morrison Supermarkets, which has been losing market share to discounters Aldi and Lidl and lagged rivals in entering fast-growing online and convenience store markets, said its profits would more than halve this year

Britain’s Wm Morrison Supermarkets sparked talk of an industry price war today after it posted its lowest profit for five years and said it wou(...)

The UK’s housing market recovery sped up last year after the government launched a scheme to help struggling house buyers to obtain mortgages, shoring up demand for the homes built by the likes of Taylor Wimpey. Photograph: Neil Hall/Reuters

Taylor Wimpey said it would return £250 million (€304 million) to shareholders over the next two years after the UK’s recovering housing marke(...)

The widely anticipated internationalisation of the Chinese currency the renminbi, which is denominated in yuan, presents significant opportunit(...)

Aer Lingus: Closed the day down 0.68 per cent at just under €1.61. Photograph: Matt Kavanagh

The Iseq treaded water on a quiet day of trading as European stocks generally closed little changed, trimming losses in(...)

MasterCard: profit excluding one-time items was 57 cents a share, missing the 60-cents average  analyst  estimate. Photograph: Andrew Harrer/Bloomberg

MasterCard fell the most in almost 2½ years after reporting profit that missed analysts’ estimates as rebates to card issuers fuelled a jump in expens(...)