Europe’s latest move against Google — a record $2.7 billion (2.4 billion euro) fine for anti-competitive behaviour — is understandable but ill-advised. For the sake of a questionable theory, it risks causing an escalating quarrel. The European Commission accused Google of putting sites that compare prices for goods and services at an unfair disadvantage on its search pages. Years of ...

Very little was expected in India from Prime Minister Narendra Modi’s visit to the US, and for good reason: Modi had gone out of his way to cultivate a personal relationship with Barack Obama, including famously pouring out a cup of tea for him and the cameras when Obama visited India. Modi is nothing if not a strong personality, and ...

Alibaba Group Holding Ltd. upping its stake in Lazada Group SA looks like a great deal for sellers of the latest 32 percent interest. Parties including Rocket Internet SE and Investment AB Kinnevik are among the winners, managing to wring a 59 percent increase in price since Alibaba took its first 51 percent shareholding in the Southeast Asian e-commerce player ...