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Billionaire Agnellis make another bet on France

The automotive M&A carousel is taking another turn, with Peugeot SA and Fiat Chrysler Automobiles NV hopping aboard this time. The two companies confirmed on October 30 that they are in talks about a potential merger that would create a $47 billion auto giant. This comes just a few months after Fiat abandoned talks to merge with Peugeot’s French rival ...

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A struggling India needs more trade, not less

India, not long ago the world’s fastest-growing major economy, is struggling. Growth has plummeted to 5% — well below potential and not nearly enough to employ the millions of young Indians entering the workforce every year. Lending has slowed to a trickle, as has consumer demand. Voices across the political spectrum say the last thing the country can afford now ...

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US and Russia must keep the Open Skies Treaty

The Open Skies Treaty of 1992 isn’t a major arms-control agreement. But the Donald Trump administration’s reported intention to exit it is, in a way, a more troubling sign than its withdrawal from the Intermediate-Range Nuclear Treaty last year. If the US abandons the pact, it and Russia will be blind to each other’s military deployments, giving paranoid generals a ...

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