For the best part of a decade, politicians and investors have looked at the European Central Bank (ECB) as a guiding light through uncertain economic times. They may need to adapt to a new reality. On three important questions for the future of the euro zone, the ECB just cannot make its mind up. The first dilemma is the outlook. The ...

Boeing Co. is in a heap of trouble right now — there’s no getting around it. The two deadly crashes of its new plane, the 737 Max, killing 346 people, have cost it an enormous amount of reputational capital, and will undoubtedly cost it a lot of money — in lawsuit settlements, in multi-million-dollar payments to airlines that have had ...

The world is littered with startups that have struggled to become genuine challengers to traditional banks despite chalking up plenty of customers. Hong Kong may be different. The city kicked off its virtual banking revolution by issuing three licenses, two of which went to ventures led by note-issuing banks. The Hong Kong Monetary Authority is processing five more permits. This ...