Is the Renault-Nissan Alliance stronger than the man who led it for two decades? The omens don’t look good. The downfall of Carlos Ghosn over allegations of financial misconduct has opened up a Pandora’s Box of Franco-Japanese political hostility, grudges and pressure tactics – supposedly all in the name of “strengthening” the 20-year alliance. For all Ghosn’s flaws and delusions ...

India’s government has long claimed that the country is one of the fastest-growing large economies in the world. That boast was a crucial part of the ruling party’s message in India’s recent election campaign — that, under Prime Minister Narendra Modi, the economy was in safe hands. Competence and sincerity as an economic manager is central to the image Modi ...

It was surprising timing for Italy to announce a 20-year syndicated bond just as Spain was bringing a 6 billion euro ($6.8 billion) 10-year issue on the same day. This is doubly true when you consider that both Germany and Portugal have regular 10-year auctions as well on June 12– more so when Italy itself has a scheduled sale of ...