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Amazon delivery push is a gift to automakers

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Amazon.com Inc. is usually cast as a predator that’s going to topple business models. But here’s a role that’s less talked about: valued customer. The e-commerce giant this week announced an order for 20,000 Mercedes-Benz Sprinter vans, making it the world’s largest customer for the vehicle. It’s a key vindication of Daimler AG’s $500 million investment in a new state-of-the-art ...

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The trade slowdown has already begun

One of the paradoxes of this year’s trade tensions is that in many parts of the world, it doesn’t yet feel like a crisis. For all the turmoil in emerging-market currencies, equity investors in major markets seem … relaxed? The milestone passed with little fanfare, but the S&P 500 index closed at a record high of 2,914.04 on August 29. ...

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Italy’s greater fiscal clarity alone won’t be enough

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After a summer of shadow-boxing over Italian fiscal policy, autumn will deliver the main event. By the end of September, finance minister Giovanni Tria is expected to finalize a medium-term budgetary plan. The entree, however, will be the 2019 Budget Law, due in October. Over this period, rating agencies will complete their reviews of the country’s credit-worthiness. Another downgrade would ...

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