Opinion

In the midst of otherwise depressing developments in the progress of climate change, one bit of good news shines through: The economics of renewable energy have been improving fast — especially those of onshore wind and utility-scale solar power. A new analysis of the levelized cost of energy from Lazard, the company I work for, shows that over the past ...

Dana Deasy, it’s fair to say, has a sterling reputation as a chief information officer. He first took on that role in 2003 at the age of 44, when he became the CIO of Tyco International Ltd. He has also been the CIO at BP PLC, GM North America, and JPMorgan Chase & Co., where he managed 40,000 technologists before ...

For the past decade, politicians in the rich world have relied too much on central banks to solve their problems of weak growth and high unemployment. They may be about to do the same with climate change. Central bankers have started to make their voices heard on the threat of carbon emissions. From worries about how financial institutions might withstand ...

You’ve got to feel for Mark Liu. The chairman of Taiwan Semiconductor Manufacturing Co. (TSMC) just wants to make chips. And he does; the best chips for the best companies in the world. Unfortunately, one of his clients is Huawei Technologies Co. So it’s not surprising that the world’s largest contract chipmaker has found itself in something of a pickle. ...

A standard theme in detective thrillers is that the perpetrator feels compelled to return to the scene of the crime. It’s an irrational urge, and readers of such potboilers are often left wondering whether the protagonist secretly wants to get caught. Perhaps we’re living a real-life version of this fictional plot in President Trump’s alleged solicitation of political help from ...

The UK government’s temporary fracking moratorium should turn into a permanent ban. Allowing shale gas extraction makes sense only when a country is still phasing out coal, and then only under certain conditions. But the UK is almost finished with coal, and fracking can only postpone its transition to clean energy. The Conservative government has banned the drilling of new ...

Donald Trump has renewed his quarrel with the Federal Reserve, tweeting again that the central bank is a bigger problem for the US economy than China. Whether or not it’s wise for the president to lash out in public, he’s right to be concerned. An excessively tight monetary policy from the Fed helped to get him elected, and could contribute ...

From a political perspective, India’s decision overnight to walk away from immediate involvement in a trade zone encompassing half the world’s population and a third of its economy is good for almost everyone. The government of Prime Minister Narendra Modi no longer needs to make difficult concessions on agricultural trade. Other members of the Regional Comprehensive Economic Partnership group (RCEP) ...

Yes Bank Ltd. has changed. In the past, the troubled Indian lender kept quiet rather than tell shareholders the truth about its bad loans. Now, under new management, it can’t stop talking about an impending rescue. If the former approach nearly destroyed the bank, this latest strategy isn’t going to help fix it. In early September, CEO Ravneet Gill told ...

Peugeot SA’s equity holders might not think much of its takeover of Italy’s Fiat Chrysler Automobiles NV but bondholders appear to love the idea. Fiat’s credit spreads (the extra yield above the benchmark) have tightened by as much as one-third after news of the deal emerged, accompanying a jump in the company’s share price. Peugeot’s shares fell sharply because of ...