The only thing India can possibly do during this year’s global food crisis is to not make it any worse for its own poor. As the cost of basic nutrition balloons everywhere, the second-most-populous nation’s best bet is to fall back on its extensive system of state procurement and public distribution to soften the blow. But, around mid-April, Prime Minister ...

“Never the same again” was the name Marks & Spencer Group Plc gave to its effort to transform in the wake of Covid-19. But perhaps “Never had it so good” would have been more apt. As the high-street bellwether emerged from the pandemic, it benefited from consumers’ pent-up demand and the failure of a raft of rivals. Add in shoppers’ ...

  Stock-pickers are used to the concept of “value traps.” Many a stock that looks cheap turns out to be cheap for good reason. Fewer column inches have been devoted to “growth traps” — companies whose growth entices you in, only to disappoint. But that is changing in the month of May. The month has seen the US stock market ...