Bloomberg Argentina’s government is freezing prices on 1,432 household items in an effort to cool accelerating inflation ahead of November’s midterm election and the Christmas holidays. Prices will remain fixed until January 7 on the products, a larger list than the roughly 900 items government officials had originally pitched to companies and supermarkets last week. Talks between the government and ...

Bloomberg Governments need to fully commit to a European Union plan to increase the bloc’s share of global semiconductor production to 20% by 2030, Prime Minister Mario Draghi told lawmakers in Rome on Wednesday. “In order to make the ecological transition, in order to make the digital transition, there are no alternatives to state intervention,” Draghi said, noting that subsidies ...

Bloomberg The Bill & Melinda Gates Foundation said millions of courses of Merck & Co’s promising pill for Covid-19 could begin to reach lower-income nations early next year as the charity kicks in as much as $120 million to widen global access to the therapy. The funds will help spur generic-drug manufacturers, some of which have indicated they could produce ...