Ride-hailing companies like Uber Technologies Inc. will see demand boom between now and 2040, hobbling global auto sales growth, according to a new study from IHS Markit. As a growing number of consumers turn to ride-hailing in shared cars that rack up more miles than personal ones, new light-vehicle sales growth will slow to a crawl. The mobility-as-a-service industry will ...

The 11 governments that appear to have saved the Trans-Pacific Partnership deserve credit for persevering after President Donald Trump withdrew the US from their ambitious free-trade pact. They’ll deserve even more praise if they resolve to take the agreement further. South Korea, Taiwan, Thailand, Indonesia and the Philippines aren’t yet members — but all have expressed interest in taking part. ...

If India is to live up the expectations of its own people and become a successful middle-income country in a few decades, the country has multiple problems to solve—its sclerotic politics, its clogged infrastructure, its choked judicial system, its lack of investable capital, its interfering and inefficient state. But perhaps the greatest hurdle is its poor stock of human capital. ...