Alibaba’s Jack Ma has big dreams. Having transformed Chinese retail, he’s now determined to reinvigorate globalization. The way to do so, according to his annual shareholder letter released last week, is for other countries to use or replicate Alibaba’s “commerce infrastructure,” which includes everything from sales portals to payment systems. Ma hopes to see similar systems applied on a …

  One of the few bright spots for international investors following the U.K.’s June vote to quit the European Union was the swift establishment of political stability. David Cameron’s decision to fall on his sword threatened a divisive battle for control of the ruling Conservative government; instead, Theresa May emerged unchallenged and triumphant as her rivals dropped away. That stability, …

  The latest U.S. easing of regulations on commerce with Cuba is good news, not least for fans of rum and cigars. But it’s also a sign that President Barack Obama’s drive to normalize relations is approaching the limits of his authority. With this new initiative, Obama has done about as much as he can to lighten the burden of …