President Xi Jinping has an unwritten deal with the Chinese people: Give me total political control, and I will solve China’s problems and make it a global superpower. This implicit “social contract” had seemed to be working pretty well, until the coronavirus breakout. The epidemic that began in Wuhan in December has spread deep into China’s social fabric. It has ...

It isn’t just Unilever NV that’s struggling to sell more food. Rival Nestle SA now expects to come up short of its self-imposed sales-growth target this year, and it’s counting on acquisitions to put it back on track. While Chief Executive Officer Mark Schneider met the lower end of a goal for underlying operating margin 12 months early, it will ...

Yves Perrier, the chief executive officer of Amundi SA, has said for several years that his aim is to make Asia a second domestic market for his firm. In 2019, the business started to deliver on that promise — which could pave the way for Perrier, who’s spent the past decade building Amundi into Europe’s biggest fund manager, to depart ...