Bloomberg A decision by the government of Italian Prime Minister Mario Draghi to recruit consulting firm McKinsey & Co. for help with the European Union’s recovery package has prompted disquiet within his coalition. The company will advise the finance ministry and help to accelerate the drafting of Italy’s plan to spend its 209 billion-euro ($250 billion) share of the EU ...

Bloomberg Cheplapharm Arzneimittel GmbH, the German drugmaker, is weighing plans for an initial public offering in what could be one of Europe’s largest share sales of 2021. Greifswald-based Cheplapharm is speaking with advisers about a potential listing as soon as this year, the people said, asking not to be identified discussing confidential information. A share sale could value the business ...

Bloomberg Canada is a step closer to building a nationwide marketplace to trade carbon credits as part of the Trudeau government’s bid to curb greenhouse gas emissions in the country. The federal government released draft regulations that will create a domestic market for trading carbon credits. The move will allow companies in industries such as agriculture and forestry to voluntarily ...