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  • Irish Senate halted over drunk disagreement Monday, 22 Dec 2014 | 10:54 AM ET
    A general view of Leinster House which houses the Seanad chamber, also known as the upper house of the Irish parliament, is pictured in Dublin, Ireland.

    Ireland's upper legislative house, the Seanad Éireann, was briefly adjourned last week over arguments about whether lawmakers were drunk.

  • *IAG keen on Aer Lingus's slots at London's Heathrow Airport. *Aer Lingus shareholders include Ryanair, Irish government. LONDON/ DUBLIN, Dec 18- Aer Lingus has rejected a takeover approach from the owner of British Airways, which is keen to gain control of the Irish airline's slots at London's Heathrow Airport.

  • DUBLIN, Dec 12- Fergus Reynolds has supported Ireland's governing Fine Gael party for 43 years, but this week he joined tens of thousands of people to march against them and pledged never to vote for Prime Minister Enda Kenny again. This is what much of the fastest-growing economy in Europe looks like at the end of 2014 as post-austerity Ireland serves a timely...

  • Dec 12- Technology company Max Sound Corp said it filed a lawsuit against Google Inc and YouTube in Germany earlier this month, alleging infringement of a video-streaming patent. Max Sound's allegations include current versions of Google operating system, Android, installed on mobile phones and tablets. The lawsuit was filed with the District Court of...

  • Irish plane leasing firm Avolon's IPO priced at $20/shr Thursday, 11 Dec 2014 | 6:19 PM ET

    Dec 11- The initial public offering of Ireland's Avolon Holdings $20 per share, an underwriter said, valuing at $1.6 billion the world's ninth-largest aircraft leasing firm by assets. Selling stockholders, including private equity firms Cinven Ltd, CVC Capital Partners Ltd and Oak Hill Capital Partners and the Singapore government, are selling all the shares,...

  • Cramer's story of a big pharma comeback Friday, 5 Dec 2014 | 6:22 PM ET
    A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange, July 18, 2014.

    Jim Cramer reflects on AbbVie's decision to drop the biggest merger of the year—and yet, this stock is still on fire.

  • Dec 4- The top U.S. patent appeals court has thrown out a $176 million award for healthcare company Covidien Plc in a dispute with a Johnson& Johnson subsidiary over surgical instruments. Judge Sharon Prost of the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., ruled on Thursday that Covidien's patent claims, which involve surgical cutting tools...

  • LONDON, Dec 2- Britain will allow Northern Ireland to set its own level of corporation tax in a move which could help Prime Minister David Cameron to hold on to power after May's national election, the Financial Times reported on Tuesday. Northern Ireland shares mainland Britain's 21 percent corporate tax rate, much higher than a 12.5 percent rate across the...

  • DUBLIN, Dec 1- Ireland's Avolon Holdings launched an initial public offering valuing it at up to $1.86 billion on Monday, as a Chinese suitor confirmed it had dropped its bid for the world's ninth largest aircraft leasing firm. Avolon filed for a New York listing in June, only to be approached by China Investment Corp and Chinese state aerospace firm AVIC Capital.

  • DUBLIN, Dec 1- Aircraft leasing company Avolon Holdings set out plans on Monday to list shares on the New York Stock Exchange and raise $286 million to $314 million for shareholders, the Dublin- based firm said on Monday. Avolon, backed by private equity firms Cinven Ltd, CVC Capital Partners Ltd and Oak Hill Capital Partners, as well as Singapore's sovereign wealth...

  • *Brent Crude set for 16 pct drop in November. LONDON, Nov 28- Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude touched a low of $71.12 a barrel after settling at a four-year closing low on Thursday, when Saudi Arabia blocked calls from...

  • BP shed 3.5 percent, Total sank 4.1 percent, Seadrill lost 4.6 percent and Saipem slipped 4.1 percent. A number of oil services firms including Seadrill have been forced to scrap their dividends as the sector struggles with the drop in crude prices, which is prompting oil majors to accelerate cost cutting efforts. "At $72 a barrel, we're well below the pain...

  • WASHINGTON, Nov 26- Medtronic Inc has won U.S. antitrust approval to buy Dublin- based Covidien Plc on condition that it sell its drug-coated balloon catheter business, the Federal Trade Commission said on Wednesday. Medtronic and Covidien shareholders will vote on the merger on Jan. 6. Medtronic is the world's largest stand-alone medical device maker, with a...

  • Valeant slashes stake in Allergan after losing bid Thursday, 20 Nov 2014 | 7:14 PM ET

    Nov 20- Valeant Pharmaceuticals International Inc said it cut its stake in Allergan Inc to 0.1 percent from 9.7 percent, three days after Actavis Plc trumped its offer for the Botox maker. Pershing Square Capital Management informed Valeant that PS Fund 1 sold all of its 2.2 million shares in Allergan allocated to Valeant USA, Valeant said in a regulatory filing.

  • Ireland cleared to pay IMF loans early after Swedish vote Wednesday, 19 Nov 2014 | 10:41 AM ET

    STOCKHOLM, Nov 19- The Swedish parliament on Wednesday said Ireland may pay back part of its bailout loans early to the International Monetary Fund, giving the final EU approval needed for Dublin to begin repayment. Ireland won agreement from Europe to pay the IMF before it repays aid from the European bailout funds and just needed the new Swedish government to...

  • Medtronic meets Street; Covidien deal on track Tuesday, 18 Nov 2014 | 12:10 PM ET
    Medtronic's CoreValve Evolut

    Medtronic posted a profit that was in line with expectations and said its $42.9 billion purchase of hospital products maker Covidien remains on track.

  • Nov 18- Medtronic Inc posted a quarterly profit that was in line with analyst expectations, helped by sales of new heart devices, and said its $42.9 billion purchase of hospital products maker Covidien Plc remains on track to close early next year. But Medtronic executives said they remain fully committed to buying Dublin- based Covidien and are focused on...

  • Private equity bets on 'revolution'—in oil and gas Monday, 17 Nov 2014 | 2:23 PM ET
    A derrick hand works on an oil rig drilling into the Bakken shale formation outside Watford City, North Dakota.

    Private equity is betting that gas and oil—notrenewables like wind and solar—will continue to dominate as energy sources in 25 years.

  • SINGAPORE/ LONDON, Nov 17- The Bank of England said on Monday that senior bankers' salaries may in future be at risk if they or their staff break rules, firing a warning shot to the City after the latest dealing room scandal cost six banks $4.3 billion in fines. Europe has already agreed to curb bankers' bonuses, but the Bank of England has said that policy will not tackle...

  • LONDON, Nov 14- Pfizer appears unlikely to make a fresh bid for AstraZeneca in 12 days time, when an enforced cooling-off period ends, and the U.S. drugmaker is now weighing other less risky targets. People with direct knowledge of the situation said Pfizer has been reviewing different takeover scenarios with a U.S. investment bank ahead of Nov. 26, when it is allowed...