If he doesn’t already, Narendra Modi should start believing in Santa Claus. For the Prime Minister, whose party faces an important poll in Modi’s home state next month, the one-notch rating bump to Baa2 by Moody’s Investors Service is an early Christmas present. More importantly, the rationale for the upgrade cites two of his most destabilizing measures of the past ...

For 30 years China has recycled more cardboard boxes, plastic bottles and old computers than any other nation. By doing so, it’s saved millions of tons of resources and indirectly funded thousands of recycling programs and companies globally. But now it wants to stop. In July, China notified the World Trade Organisation that it will soon prohibit the import of ...

Bloomberg Tesla Inc.’s Elon Musk is showing the world a big rig-worth of reason to take seriously his master plan to electrify all the major forms of “terrestrial transport.” The electric-car maker offered scant detail ahead of his remarks, saving information such as range, price and production plans for Musk to announce. The company did say the truck will offer ...