Ireland

Pfizer Inc. Headquarters As They Agree To Combine With Allergan Plc In $160 Billion Deal

Pfizer and Allergan May Have to Call-Off Their $160 Billion Merger

Pfizer and Allergan will have to scrap the merger deal following the new regulation from Treasury Department to stop the U.S. company moving overseas.

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Staphylococcus Epidermidis SEM

Iterum Therapeutics Ltd., Raised $40 Million in Series A For Licensure and Development of Anti-Infective Drug

Iterum Therapeutics Ltd. secured $40 million in Series A funding led by Frazier Healthcare Partners together with other venture capitalists. The said fund will be used to acquire license and to enhance the development of the anti-infective drug that could counter certain bacteria's resistance to antibiotic.

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IRELAND-CRIME-SHOOTING-BOX

Regency Hotel's loss rises to €217k after gangland murder, claims for indemnity

After the killing of David Byrne in a shootout at Dublin's Regency Hotel, it's reeling under severe pressure as losses amounted to €217,000. Regency Hotel has applied for indemnity to its insuring company Aviva for over €217,000.

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Key Speakers At The Bank Of England Open Forum

British Startups Need Support to Grow Into Large Cap Business

Xavier Rolet, CEO of London Stock Exchange said that startup companies in United Kingdom need support to scale up. In order to make a leap from SME into a large cap business.

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Facebook Opens Data Center In North Carolina

Social Network Facebook to construct second data center in Ireland

Facebook announced its plan to open the second data center in Clonee, Ireland. By opening the Clonee center, the company is joining a list of companies like Google, Apple, Microsoft and Amazon, which operate some of the European centers in the nation.

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Credit Suisse

Credit Suisse gets nod for Irish branch

Credit Suisse has received regulatory approval for opening its new branch in Ireland. The Swiss bank is setting up a new branch in Dublin as part of its cost reduction exercise. Credit Suisse is restructuring its securities trading and prime brokerage operations. Credit Suisse is in the process of meeting capital requirements and improving shareholder returns.

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Facebook

Irish High Court to investigate Facebook's transfer of European users' data to the U.S.

The Irish court orders to investigate Facebook's transferring of European user's data to the United States. This is to ensure that the European user's privacy was protected from the U.S. surveillance.

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Facebook

Facebook 'Reactions' to have a pilot test in Spain and Ireland

Facebook unveils animated emoticons, Reactions, to go with the 'like' button. The six emojis will have a pilot test in Spain and Ireland. Alongside the 'like' button, Facebook will pilot the Reactions. In particular, it is a set of emoticons including angry, sad, wow, yay, ha-ha and love, Tech Crunch gives details.

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Dermot Desmond (L) and J.P. McManus

Irish Gambler John McManus seeks $5.22 Million tax refund from IRS citing international treaty

One of Ireland's richest persons, John P. McManus, seeks $5.2 million from the U.S. government after it was wrongfully withheld from his $17.4 million gambling winnings to cover taxes.

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Berlin

No more Blue Banana, Europe's industrial heart moves east

Once depicted as a "Blue Banana" stretching from Manchester to Milan, Europe's industrial heartland has moved eastwards just as its political center of gravity has shifted to Germany.

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Meat Products

Ireland says China agrees to lift ban on Irish beef

China has agreed to lift its ban on Irish beef, Ireland's Prime Minister Enda Kenny said on Friday, making it the only European country to be allowed to export beef to both the United States and China.

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Aer Lingus

Election-nervous politicians shout down IAG's Aer Lingus bid

The owner of British Airways is running out of time to secure Ireland's Aer Lingus as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year.

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Aer Lingus

Irish PM wants 'cast iron' guarantees on Aer Lingus sale

The owner of British Airways must provide some sort of "cast iron permanent guarantee" on flights to Ireland if the government is to even consider its bid for Aer Lingus (AERL.I), Prime Minister Enda Kenny said on Sunday.

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Medtronic Inc

Medtronic wins conditional EU approval for $43 billion Covidien buy

U.S. medical device maker Medtronic (MDT.N) gained European Union regulatory approval on Friday for its $43 billion takeover of Covidien Plc (COV.N) after agreeing to sell its Irish rival's drug-coated balloon catheter business.

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Italy

ECB fails 25 banks in health check but problems largely solved

Roughly one in five of the euro zone's top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday.

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