As the automobile industry evolves toward an electric future, incentives will be a big driver of the transition — not just potential tax credits to accelerate demand, but investor behaviour that helps shift automakers’ priorities. Manufacturers are going to try to ramp up spending on future electric models while maintaining profit at a level acceptable to their shareholders. That will ...

If a stock market is a mirror of a society’s state of mind, then the US is feeling exuberant right now. But in China, it is all about trepidation. Investors there are worried the government is going to mess things up. Both economies face the same set of problems: Supply chain disruptions, inflation pressures, the threat of rising interest rates. ...

Reinventing conservatism sounds like an oxymoron. How exactly would you reimagine a political philosophy that — as its intellectual father, Edmund Burke, expounded more than two centuries ago — largely consists of opposing radical reinventions? And yet a drastic rethink is what center-right politicians in much of Europe urgently need. After all, their main standard-bearer, German Chancellor Angela Merkel, is ...