A few days ago, when talking to an the assembled chief ministers of India’s states, Prime Minister Narendra Modi declared that he wanted India to be a “$5 trillion economy” by 2024, when he once again faces reelection. This would, he said, be “challenging, but achievable.” Modi could never be accused of lacking ambition, but the fact is that getting ...

On June 11, for the first time in history, Foxconn Technology Group held an investor relations conference for its flagship company. That’s the good news. The bad news is what the moment portends: The world’s largest electronics manufacturer is about to be left without a CEO. It took founder Terry Gou’s pending departure from Hon Hai Precision Industry Co. to ...

Germany’s famed autobahns have lost an important source of funding. Their new management hoped the money would help them to ease congestion and restore the roads to their former glory. Historically free of charge, the highways are widely viewed as a symbol of freedom. The absence of speed limits on much of the country’s 13,000-kilometer network is part of the ...