Opioid maker Johnson and Johnson and three drug distributors are expected to disclose this week the final terms of a $26 billion settlement for thousands of lawsuits accusing them of fuelling a public-health crisis. Photograph: NYT

US states are nearing a $26 billion (€22 billion) settlement with three drug distributors and drugmaker Johnson & Johnson to resolve claims that t(...)

New York attorney general Letitia James.

The three largest US drug distributors agreed mid-trial to pay up to $1.1 billion (€930 million) to settle claims by New York state and two of its big(...)

Lloyds is the second largest pharmacy chain in the Irish market after Boots. Photograph: Dara Mac Donaill

US pharmaceuticals group McKesson Corp has agreed to sell its Irish business, which includes the 90-outlet chain of Lloyds pharmacies and the United D(...)

Ireland’s Iseq all-share index slipped 1.74 per cent after the banks slumped on results from Bank of Ireland which spooked investors.  Photograph: Dara Mac Dónaill

A jump in coronavirus cases in South Korea and Germany rattled investors and sent global equities markets lower on Monday, while safe-haven assets, in(...)

The lawsuits accuse drug makers of overstating the benefits of opioids while downplaying the risks. Photograph: Eric Baradat/AFP via Getty

Four large drug companies reached a last-minute $260 million (€233 million) legal settlement over their role in the US opioid addiction epidemic, aver(...)

The first landmark US federal opioid trial is set to begin Monday after furious, last-minute settlement talks  faltered. Photograph: Ty Wright

Drugmaker Teva Pharmaceuticals and three distributors of opioid painkillers reached a settlement with two US counties over their alleged role in the o(...)

UK prime minister Boris Johnson told Conservative MPs that his government is nearing an accord with the EU.

Irish shares and the wider European equities market dipped on Wednesday as investors adopted a more cautious stance ahead of a bulletin on the much so(...)

US treasury secretary Steven Mnuchin arriving at a hotel after meeting with Chinese officials in Beijing on Thursday. Photograph: AP Photo/Andy Wong

Lingering concerns about the outcome of US-China trade talks and the potential for rising interest rates in the US troubled global investors on Thursd(...)

The Dow has topped 22,000 points for the first time, bolstered by a 6%  gain in Apple. Photograph: iStock

Ireland’s benchmark index closed lower by 0.87 per cent on Wednesday, a day when the Dow Jones industrial average achieved another milestone by pushin(...)

Medtronic worker: Cardinal Health is acquiring the medical supplies business of healthcare giant Medtronic.   Photograph: Munshi Ahmed/Bloomberg

The news that Cardinal Health is acquiring the medical supplies business of healthcare giant Medtronic was fairly well flagged within the industry. B(...)

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