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There might not be a pot of gold in Indian retail

Apparently there’s a pot of gold in Indian retail, and big players from around the world want to dip in. Many of them are likely to come up empty-handed. The volume of high-profile announcements in the sector recently has been remarkable. Walmart Inc. led with a $16 billion deal to buy Flipkart Online Services Pvt. Ltd., India’s largest e-commerce retailer; ...

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For electric cars, focus on the small picture

Electric vehicles, prized for their acceleration, are speeding up. Bloomberg NEF estimates the global electric vehicle market will this week pass the milestone of 4 million sold to date, according to a report published recently. Having taken about five years to get to the first million, the last million were sold in about six months. Four million vehicles sold in ...

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The US is in the middle of an economic boom

There’s no doubt that the US economy is in a boom. The Conference Board is reporting the highest levels of job satisfaction in more than a decade. This is probably because of a tight labour market — the ratio between the unemployment level and the number of job vacancies is at its lowest level in a half-century: A broader measure, ...

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