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Cruise control isn’t fast enough for Toyota

By the looks of it, Toyota Motor Corp. is holding steady, even as other carmakers flail. But some caution is warranted. Toyota has consistently outperformed its rivals over the last year as the industry struggles with everything from technology adoption to tariffs. Its shares are down just 5 percent in the past year, compared with its peers’ average of almost ...

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India hoped for an Abe. It got a lost decade

Five years ago, I wrote that Narendra Modi could be India’s Shinzo Abe. I couldn’t have been more wrong. The chief minister of Gujarat state had just been chosen by his party to become the next prime minister if it won the popular vote. Writing for Reuters then, I predicted he could lift the country’s drooping economy, just as Abe ...

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US futures, Europe stocks slump as Asia advances

Bloomberg US equity futures slipped on Wednesday alongside European stocks as the rebound in global shares struggled for momentum. Oil declined, while Treasuries advanced with German bonds. Contracts on the S&P 500, Dow and Nasdaq all swung from a gain to a loss, though Alibaba’s US-listed shares bucked the trend, rising in pre-market trading after beating estimates. The Stoxx Europe ...

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