The launch of China’s second aircraft carrier, expected as soon as this week, will be an important and depressing moment for India. The ‘Type 001A’—likely to be named the “Shandong”—will give China an edge for the first time in the carrier race with its Asian rival, a literal two-to-one advantage. After decommissioning the INS Viraat earlier this year, the …

  What’s a mine worth? In theory, valuation could be based on the amount of salable metal it can produce. On that basis, Freeport-McMoRan Inc.’s Grasberg on the island of New Guinea is one of the best mines in the world, with the third-largest reserves of copper and one of the biggest gold deposits, worth more than $100 billion at …

  The story about a $400 internet-connected juicer that turned out to be superfluous since a human could simply squeeze juice from its producer’s proprietary packs by hand was destined to go viral and did, with more than 800,000 hits on the Bloomberg website and strong reactions in other publications. It’s evidence of a growing resistance to Silicon Valley-style innovation. …