One of India’s most acquisitive companies is buying up cement kilns across the country, going from big to bigger. It’s got the right plan, but who’s buying the cement and actually building? Ultratech Cement Ltd. is one of the world’s biggest cement manufacturers, with the capacity to put out 90 million tons a year from plants sprinkled across India. It ...

The response to Jeff Bezos’s announcement of a $2 billion fund to create preschools and help homeless families has been muted if not skeptical. Some critics say that Bezos should give raises to Amazon workers first. Others argue that he should be taxed instead and the revenue put towards education. I’d like to speak up for private philanthropy, with the ...

Bloomberg The possibility of merging Deutsche Bank AG and Commerzbank AG has won the backing of German officials who are seeking a new champion that would protect the nation’s economy from an exodus of foreign capital. The government is in favour of a tie-up between its two biggest banks to create a heavyweight that would finance Germany’s export-oriented economy, according ...