Samuel Johnson got it wrong: Patriotism is the last refuge of the unprofitable. The Indian e-commerce giant Flipkart Online Services Pvt. lost 23 billion rupees last year, and so its co-founder and executive chairman, Sachin Bansal, has suddenly morphed into a great champion of local companies. “We need to take a more India-centric approach” to regulation, he told a ...

  Aleppo / AFP Hundreds of civilians and rebels left Aleppo on Thursday under an evacuation deal that will allow Syria’s regime to take full control of the city after years of fighting. The rebel withdrawal began a month to the day after President Bashar al-Assad’s forces launched a new offensive to recapture Aleppo and will hand the regime its biggest ...

  Washington / AFP President Barack Obama allowed US sanctions against Iran to be renewed on Thursday, but in a surprise move declined to actually sign the legislation that brings the sanctions into force. “The extension of the Iran Sanctions Act is becoming law without the president’s signature,” White House spokesman Josh Earnest said in a statement. The president, who had ...