Bloomberg Germany cut planned debt sales in the fourth quarter by 4 billion euros ($4.7 billion), suggesting the surge in borrowing triggered by the coronavirus pandemic is receding. The federal government will raise 1 billion euros less in 15-year bonds, and trim sales of short-term discount paper by 3 billion euros compared with a plan published at the end of ...

Bloomberg AstraZeneca Plc will invest $360 million building a new manufacturing facility for small molecules in Dublin, dashing UK hopes that the drugmaker would develop the site at home. The plant will ensure that Astra’s global supply network can meet the needs of its pipeline of new medicines, the company said in a statement. The facility will create 100 highly ...

Bloomberg Italian electricity prices traded near record highs, heightening government concerns about the impact soaring energy costs will have on consumer power bills. The average weekly price of power soared 17% to 163 euros ($191) per megawatt-hour last week, according to data from the country’s Energy Market Manager. Power prices are expected to climb 40% in the third quarter, Ecological ...