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Modi needs one more farm law to end crisis

Farmers’ protests are threatening to snowball into the biggest political crisis of Narendra Modi’s tenure. To give in to demands and scrap the laws would be an uncharacteristic admission of defeat for India’s strongman prime minister, who promised they would transform agriculture. But letting the unrest linger could cause chaos in food markets, alienate urban consumers, and potentially derail the ...

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China’s giant crop takeover has failed

There comes a point where you have to stop throwing good money after bad. That moment is already well past for Sinochem Corp and China National Chemical Corp, or ChemChina, the state-owned Chinese giants that have been edging towards a merger for four years. The two chemicals companies are working on a structure that would allow them to combine without ...

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Jamie Dimon is begging for deals. Why is that?

Jamie Dimon appears restless. JPMorgan Chase & Co’s chief executive officer is imploring investment bankers — those most tireless of salespeople — to ring him up and pitch M&A ideas. It’s the clearest indication yet that the biggest US bank would prefer not to sit on its excess capital. That’s a nice problem to have, but one the lender is ...

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