Bloomberg Enel SpA, Italy’s largest utility, plans to dramatically boost its electric mobility business in the next decade, installing 4 million charging stations worldwide from the current 180,000, Chief Executive Officer Francesco Starace said in an interview with daily Corriere della Sera on Sunday. “Our role is to act alongside car manufacturers in order to understand how to set up ...

Exactly 30 years ago, a looming balance of payments crisis finally convinced India’s leaders to dismantle its socialist economy, ushering in private enterprise and years of higher growth. Those pundits and policy makers hoping that Prime Minister Narendra Modi might use the country’s Covid-induced slump to launch similarly dramatic reforms, however, are likely to be disappointed. That’s not because Modi ...

Snap Inc is proving itself to be a cut above the rest. Its latest results show why. The social-media company reported second-quarter earnings that crushed Wall Street’s expectations. Revenue in the period surged 116% from a year earlier to $982 million, handily beating the Bloomberg consensus estimate of $847 million. Snap’s daily active users jumped by 23%, also ahead of ...