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Xiaomi has a secret money maker

Investors have been looking for reasons to forgive Xiaomi Corp. for its post-IPO slump. They don’t appear to have found them yet. Shares of the Chinese smartphone maker reversed a 2.1 percent gain to plunge as much as 5.5 percent in Hong Kong after the company posted second-quarter earnings. They’ve dropped 47 percent since the July 2018 listing. The stock ...

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Facebook finally meets a regulator with bite

In France, they call it taking mustard after dinner. In Germany, they talk about a child having already fallen in the well. In England, they speak of closing the stable door after the horse has bolted. They all are good ways of describing how regulators have tended to deal with the world’s biggest tech firms. But when it comes to ...

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UK should break with Europe on palm oil

Post-Brexit, the UK will have a historic opportunity to strike a trade deal with one of the world’s fastest-growing regions and prove that it can shed European red tape and protectionism. The key is to rethink the European Union’s policy on palm oil. In 2017, the European Parliament approved a resolution to phase out and eventually ban biofuels made from ...

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