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Royalty Pharma has offered to buy Elan for $6.7
billion, a bid Elan’s board rejected earlier in the week

European shares finished firmer yesterday, supported by signs of merger and acquisition activity in the region and by weak US economic data backing th(...)

Bank of Japan governor Haruhiko Kuroda  has left a  lending programme unchanged. Photograph: Yuya Shino/Reuters

Stocks, bonds and commodities fell around the world as Bank of Japan governor Haruhiko Kuroda left a lending programme unchanged, stoking concern cent(...)

Services sector continues to enjoy momentun

Ireland’s services sector continued to enjoy positive momentum in May, experiencing a tenth successive month of growth although the picture was not as(...)

HSBC put hundreds of homeowners at greater risk of losing their properties by failing to file paperwork to initiate settlement talks, New York state p(...)

Volkswagen workers. While
 Germany, the Netherlands and Austria displayed the slowest rate of industrial production contraction across the euro zone, the figures also indicated a strong performance by so-called “peripheral” countries, a trend welcomed by analysts.

The downturn in manufacturing activity in the euro zone eased last month, according to official figures released yesterday, suggesting an unexpected(...)

For Your Diary

TODAYIrish Stock Exchange closed for trading.Results: Circle Oil; Microelectronics.Indicators: European Markit manufacturing PMI (May); Chinese HSBC m(...)

Disgraced financier Bernard Madoff (right) is escorted by a US Marshall as he departs US Federal Court after a hearing in New York in January, 2009. Photograph: Lucas Jackson/Files

An action on behalf of some of the many investors affected by the Ponzi scheme run by jailed US fraudster Bernard Madoff has settled at the Commercia(...)

Iseq heavyweight CRH was down 0.73 per cent at ¤16.405. However the group outperformed its peers

European stocks plunged yesterday as the US Federal Reserve signalled it will scale back its stimulus if the US e(...)

HSBC is seeking up to $3 billion in additional annual savings by 2016, on top of $4 billion already achieved.

HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs globally, as Europe’s largest bank seeks to drive earnings and (...)

People pass by a political poster reading:  “Troika out. Elections now. Turn the crisis around. Cut the debt and not the salaries”, on a street in Lisbon earlier today.  Photograph: Jose Manuel Ribeiro/Reuters

Portugal has issued its first new government bonds since requesting (...)

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