The world’s biggest battery company is turning to abundantly available materials as it looks to upgrade power packs for electric vehicles. While that stands to bring down costs and raise efficiency as raw material shortages abound, it’s an opportunity for countries like India and Brazil to take their chunk of the increasingly lucrative EV supply chain before it gets ...

  So that’s clear then. UBS Group AG isn’t trying to build its investment bank just for the sake of “being an investment bank” — the message from Chief Executive Officer Ralph Hamers as he explained the Swiss firm’s poor second-quarter performance versus Wall Street peers. A more selective approach to investment banking may make sense. But investors need to ...

  The 27 national leaders of the European Union (EU) love to extol the solidarity that binds their countries together. Even the words signal destiny. “Union” comes via French from the Latin unus for “one,” and solidarity from solidus for “firm, whole and undivided.” Like a good marriage, the bloc is meant to be a solidarity union. In reality, it ...