A textile-yarn company in western Indian soon will have more machines than workers. A manufacturer in southern India sold almost double the number of its automated goods last year. India’s biggest carmaker has one robot for every four plant employees. Automation will double over the next three years in Indian factories, according to a survey by Willis Towers Watson. Companies ...

Bloomberg September was the month when long-running failures to stop money-laundering came back to bite some of Europe’s largest banks. Regulators from Switzerland to the Nordic region and Germany reprimanded institutions for failing to do enough to prevent illicit money flows. While some paid for past misdeeds, others were chastised for continued shortcomings and even had monitors assigned to help ...

Bloomberg For all the European Central Bank’s signalling of an interest-rate “lift-off’’ next year, it might not get very far off the ground. Some investors suspect even modestly higher borrowing costs will unleash a rally in the euro that undermines economic growth and curbs inflation. That could leave the currency bloc trapped with near-zero rates for years to come. Spillovers ...