Shire

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Total revenue at Shire rose 11 per cent to $1.49 billion in the first quarter Photograph: Bloomberg

Shire reported first-quarter earnings that beat analysts’ estimates as it raised more revenue from drugs for attention deficit hyperactivity disorder (...)

Tax planning by Dublin-based Shire Pharmaceuticals is in line with most multinationals, shareholders were told at the company’s annual general meeting(...)

Hopes of more easy money from top central banks pushed Japan’s Nikkei index past 20,000 points for the first time in 15 years

World equity markets tested record highs as hopes of more easy money from top central banks pushed Japan’s Nikkei index past 20,000 points for the fi(...)

Bank of Ireland gained 1.35 per cent to close the day at 37.5 cents. Its chief executive, Richie Boucher, said the bank would in future look to grow in the UK through bolt-on acquisitions, though he indicated there were no immediate plans. Photograph: Aidan Crawley

European stocks rose yesterday, trimming their worst weekly loss of the year, as the Stoxx Europe 600 Index added 0.3 per cent. The market in Dubli(...)

Shire is Irish in name only, having relocated its corporate domicile here in 2008. Photograph: Simon Dawson/Bloomberg

Ireland’s largest drug company has come out fighting following allegations that, with its tax adviser PricewaterhouseCoopers, it has engaged in tax av(...)

Shire  “trying to do the right thing” by running the pharmaceuticals company as efficiently as possible, says chief executive Flemming Ornskov

Shire’s chief executive has defended the company’s tax arrangements after being identified as one of the beneficiaries of alleged “industrial scale” (...)

Shire acting chief financial officer Jeff Poulton said the company had obtained advice that the break fee should not be taxable in Ireland. Photograph: The Irish Times

Drug giant Shire is facing a potential tax bill of up to €480 million as Irish Revenue officials examine the fallout from a collapsed takeover of the (...)

Shire’s tax affairs have been a source of controversy since it moved its headquarters from the UK to Ireland in 2008

Shire has been advised that the $1.6 billion “break fee” received from AbbVie after the collapse of their abortive merger is not taxable — exposing th(...)

Shire Plc chief executive Flemming Ornskov. Photograph: Chris Ratcliffe/Bloomberg

The report this week from Britain’s public accounts committee makes for very uncomfortable reading for the Big Four accountancy firms, particularly Pr(...)

Labour MP Margaret Hodge, chairwoman of the House of Commons public accounts committee. Photograph: Yui Mok/PA Wire

PricewaterhouseCoopers is guilty of promoting tax avoidance by major multinationals “on an industrial scale”, the House of Commons’ Public Accounts(...)

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