On February 1 in India, Prime Minister Narendra Modi’s government will present its last federal budget before general elections are held in a few months. Unlike most other budgets, this typically isn’t a high-octane affair; governments are discouraged from locking their successors into any new spending or taxes. An “interim” budget, as it’s called, tries to avoid committing spending for ...

United Technologies Corp.’s latest results suggest aerospace is still a safe place as worries mount about a slowdown in global growth. The $96 billion conglomerate that’s planning on splitting itself into three reported a staggering 11 percent gain in revenue excluding the impact of M&A and currency swings for the final months of 2018. That was the first time quarterly ...

Under Carlos Ghosn, the independent auto analyst Maryann Keller was telling me the other day, the alliance of Renault SA and Nissan Motor Co. was a little like Yugoslavia during the reign of Marshal Tito. Yugoslavia was a disparate collection of Slavic republics — Serbia, Bosnia, Montenegro and so on — with natural tribal enmities. In the decades after World ...