The beleaguered Indian economy is finally making a sensible bargain with the rest of the world: “Take our billion-plus customers, give us jobs.” Under a new foreign direct investment policy announced by Prime Minister Narendra Modi’s government, India is undertaking its biggest liberalisation of single-brand retail in seven years. One major concession: Contentious local sourcing requirements will need to be ...

When asked about President Donald Trump’s economic policies, most US business leaders are likely to offer a polite but nuanced response. They welcome measures that have improved the operating environment for their businesses and sustained America’s economic outperformance. But they also wonder whether more could have been accomplished by working across party lines and with international allies. That distinction is ...

Going by the mainstream business press, you’d think the big stories of 2019 in cryptocurrencies are the quadrupling of the price of Bitcoin and a shift by big institutions such as JPMorgan Chase & Co. and Facebook Inc. from the blockchain-not-bitcoin model popular from 2014 to 2018 to bitcoin-with-training-wheels. If you read technology newsfeeds, you’d instead focus on new highs ...