There’s one worrying aspect about the decision by Brussels to trigger a disciplinary process against Italy – and, no, it’s not the prospect of financial sanctions. It’s that the European Commission report, which states that Italy hasn’t made enough progress in cutting its debt, lands at a time of utter political chaos in Rome. The ruling League and Five Star ...

Like the offer of a week’s vacation in the sun amid a washout summer at home, some good news has arrived at last for Thomas Cook Plc’s shareholders: Fosun International Ltd. is interested in a potential bid for the beleaguered British travel company’s tour operating arm. An approach from the Chinese group, which already owns an 18% stake in Thomas ...

Around the world, governments are hitting on a modish new idea: Turn the internet off. Sometimes they mean it literally. Methods vary, but the trend is clear enough. Countries are increasingly ordering telecoms and other companies to block network access, shut down messaging services, or otherwise restrict digital applications or websites, usually citing public order or national-security concerns. In extreme ...