Carrefour SA, Europe’s largest retailer, may be the latest Western company to pull back from China. It’s unlikely to be the last. The hypermarket operator said it would sell 80% of its China business for 4.8 billion yuan in cash to Suning.com, Chinese retailer backed by Alibaba Group Holding Ltd. Carrefour will retain a 20% stake. Over the past few ...

Much of the commentary about Facebook’s proposed Libra coin has focused on its defects as a cryptocurrency – centralised governance, weak privacy protections – or as a payment processing system – low throughput, inability to handle multiple currencies. I think it’s more interesting to examine the process for creating Libra rather than specific technical features. But Libra is a work-in-progress. ...

If you’re in the business of selling passenger aircraft, design flaws that might cause your planes to crash ought to be non-existent. That’s why the discovery of a second critical safety risk on Boeing Co.’s 737 Max is so alarming. Tests by the US Federal Aviation Administration found that flight computers could cause the plane to dive in a way ...