Investors are throwing billions of dollars at connected cars. The technological advances that enable vehicles to be linked into wireless networks promise greater efficiency and, in theory, safety. They also open the possibility of being watched and monitored more closely — and that may be a problem for China’s self-proclaimed rival to Tesla Inc. Nio Inc., the electric-vehicle maker that ...

Sergio Ermotti, the chief executive officer of UBS, will hope that the selloff battering global markets is merely a “healthy correction,” as some investors have described it, rather than something more serious. The past five years have seen the boss of UBS Group AG deliver on a promise of reliable returns and dividend payouts, largely by boosting his wealth management ...

Europe’s leaders have come down hard on Italy for its plans to increase spending with the aim of boosting growth and helping the poor. What they fail to recognise is that a little stimulus might be just what the Italian economy needs. The outlook for the global economy is deteriorating more rapidly than forecasters realise. A slowdown in China has ...