Bloomberg Dong Energy A/S became Europe’s biggest initial public offering this year, with investors lining up to own shares in the Danish utility as it transforms itself into a renewable energy giant. The world’s biggest offshore wind-park operator sold 17.4 percent of its shares at 235 kroner a piece, raising 17.1 billion kroner ($2.6 billion), according to a statement ...

  Bloomberg The European Central Bank bought notes in the region’s corporate bond markets for a second day. Purchases included securities issued by troubled German carmaker Volkswagen AG; Continental AG, Europe’s second-biggest car-parts maker; and French mobile company Orange SA. ECB President Mario Draghi expanded the bond-buying program he started on Wednesday to stimulate the region’s flagging economy. He’s casting ...

  Bloomberg Mario Draghi called on politicians to help the European Central Bank’s bid to restore economic health to the region by accelerating reforms. “There are many understandable political reasons to delay structural reform, but there are few good economic ones,” the ECB president said in a speech in Brussels on Thursday. “The cost of delay is simply too high.” ...