The new government finally taking shape in Italy is one of the weirdest coalitions you could imagine — and a pretty effective combination if your aim was to sabotage the European Union. Although predictions about where this Italian misadventure is heading are difficult, it could easily be worse than Brexit for the EU. The coalition partners — the left-populist Five ...

Walmart Inc. shook investors earlier this year with an e-commerce stumble. Last week, it took a step towards reclaiming the narrative that it has a handle on its digital strategy. As the big-box retailer reported first-quarter earnings, much of the focus was on one number: Its US e-commerce growth. Walmart’s digital business had been booming for a while under Jet.com ...

Archie Norman, the famed turnaround specialist who is now chairman of Marks & Spencer Group Plc, is hoping for a textbook turnaround of Britain’s biggest clothing store by value. He is certainly reading from the classic first page: on Wednesday the company announced 514 million pounds ($688 million) of one-time charges, more than halving pre-tax profit in the year to ...