Bloomberg Business

Novo Nordisk A/S has just reached another milestone in its meteoric rise: the market value of the Danish company has exceeded the size of its domestic economy.

CVC Capital Partners is weighing an initial public offering of Douglas and could seek a value of more than €7 billion ($7.7 billion) for the German perfume retailer, people with knowledge of the matter said.

Pheu Thai, a party backed by former premier Thaksin Shinawatra’s family, held talks with the largest group in parliament to shore up support for its prime minister candidate amid signs it faces hurdles from the pro-royalist groups in its bid to form a government.

(Bloomberg) — Chancellor Olaf Scholz’s government on Wednesday approved a top-up of Germany’s special Climate and Transformation Fund by more than €30 billion to about €212 billion ($233 billion) for the period 2024 through 2027.

Ghana’s inflation rate unexpectedly rose to a four-month high in July on food costs, adding pressure on the central bank to continue rate hikes next month.

Bluebird Bio’s Zynteglo could cure beta thalassemia, yet some older people with the disease say they have faced difficulties in trying to get treated

US mortgage rates jumped above 7% in a week that government bond yields spiked following a surprise decision by Fitch Ratings to lower the nation’s credit rating.