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(...)

President of Spanish wifi company Gowex, Jenaro Garcia, who announced on Twitter last week that the company’s accounts had been falsified for more than four years. Photograph: Angel Diaz/EPA

To many, attempting to profit from stock market falls is immoral and parasitic. Short sellers, however, see themselves as the detectives of the stock (...)

Covidien’s strengths in surgical equipment , vascular and ventilators will complement Medtronic’s existing product range. Photograph: Munshi Ahmed/Bloomberg

It’s the largest deal in medical devices in almost 30 years. More importantly, Medtronic’s $42.9 billion proposed acquisition of rival Covidien makes (...)

A Medtronic worker assembles a device that is inserted into a pacemaker. Photograph: Munshi Ahmed/Bloomberg

Medical device giant Medtronic today became the largest company to relocate its headquarters here from the US after its $42.9 billion (€31.6 billion)(...)

 Taoiseach Enda Kenny announces the creation of 50 new jobs at the IT global services company Westbourne IT Global Services in Cork yesterday

Taoiseach Enda Kenny said that the Government is determined to see confidence in the Irish economy translated into jobs as he yesterday announced some(...)

A multinational fire protection and security company is to establish a business services centre in Cork which is expected to create 500 over the next (...)

The profitable Radisson Blu Hotel at Little Island in Cork is to be offered for sale at €8 million through Savills. The 126-bedroom hotel, which made (...)

Cork-based WiseTek has signed a contract with computer security group McAfee to handle the entire group’s redundant hard ware. Wisetek specialises in (...)