Bloomberg Storm watches have been issued for North Carolina as the US is threatened by a hurricane for the fourth time in a month. Tropical storm watches, meaning winds of at least 63 kilometres per hour could reach the coast of North Carolina as early as Tuesday, have been posted from Surf City to the Virginia border, the US National ...

It was an epoch-defining decision to place in Westminster Abbey, among statues of monarchs, priests and poets, a large one of James Watt, inventor of the separate-condenser steam engine. The statue’s inscription says Watt ranks among the world’s benefactors because he “increased the power of man.” The economist and historian Deirdre McCloskey believes this honor, conferred in 1834, signified society’s ...

The Indian stock market seems unstoppable. Its major indices have risen over 20 percent this year, making it one of Asia’s best performers. Indian investors have piled into more than $7.2 billion worth of stock in 2017 and foreigners have bought almost $7 billion. Yet corporate earnings have hardly recovered enough to justify such exuberance. The quarter between April and ...