By BMW AG’s high standards, 2016 wasn’t great. While it was a record year in terms of sales, the profit margin of its car business was the lowest since 2010 at 8.9 percent. The company missed analysts’ estimates, and the share price dropped. So CEO Harald Krueger’s decision to reaffirm the firm’s “Automated, Connected, Electrified and Shared” strategy raised …

  European Central Bank President Mario Draghi knows he’ll eventually have to end the central bank’s bond-buying program and raise interest rates. But he’s rightly determined, no matter how much pressure Germany brings to bear, to keep that day as far in the future as possible — which makes the rest of this year a non-event for euro zone policy …

  In the past two weeks, the Chinese government granted President Donald Trump 38 valuable trademarks. They come as tensions between China and the US have cooled somewhat, leading to suggestions that the award is a poorly concealed quid pro quo designed to reward a president with considerable personal business interests. On Tuesday, Senator Ben Cardin went so far as …