President Donald Trump can’t say he wasn’t warned about General Motors. In June, GM said that the various tariffs that Trump had either already imposed or was considering could “lead to less investment, fewer jobs, and lower wages for our employees.” These tariffs, the company said, risked “undermining GM’s competitiveness against foreign auto producers.” Now GM has announced that it ...

Joerg Boche is arguably the most important person in Europe’s corporate debt market right now. As the group head of treasury at Volkswagen AG, his decisions on the company’s funding are critical not just to the German autos giant but to European corporate credit spreads as a whole. VW had to rein in its bond issues after the Dieselgate scandal, ...

It’s election season in India and the money is flowing. Governments in many states have begun waiving tens of millions of dollars’ worth of loans to poor farmers in an effort to buy their loyalty. The argument – widely accepted by politicians and journalists, the demographic groups with the least fiscal instinct – is that India’s farmers are buckling under ...