business / finance

United States

What Happens To Malls After Retail Shuts Shop?

DETROIT — Outside Detroit, plans have been in the works for two years to transform the outdated Lakeside Mall into an open-air center with green space and a waterway. With the property in ...

France

China's Flexibility To IMF Rules, Different Meanings Of Debt

PARIS — What if the very different Chinese approach on debt held the key to a solution for the crisis of public finances in the West. In Europe and North America, the notion of a contract holds a ...

United States

Bumps In The Road: Don't Bet On Uber Crashing

NEW YORK — For six months now, almost all the news about Uber has been bad. Even before then, the ride-hailing company's combative executive team displayed a remarkable facility for generating ...

China

The Hard Part About Selling Volvos In China

Bling and style are barriers that the Chinese-owned, Swedish-based company may not be able to ove...

Portugal

Portugal's Economic Miracle Makes A Case Against Austerity

-Analysis- LISBON — What a successful gamble for Lisbon: The European Commission is about to ratify the proposal to end Portugal's excessive deficit procedure. The country will be joining the ...

Central African Republic

African Blood Diamonds For Sale On Facebook And WhatsApp

They don't hide in the abyss of the Dark Web. From Bangui, Beirut, Bordeaux or elsewhere, they use social media to promote their products and services. They are blood diamond community managers ...

Algeria

Cash For All In Developing World? Algeria Ponders Universal Basic Income

It's the big idea of the moment among certain economists and activists in the West: Universal basic income (UBI), a policy of allocating a fixed amount of money to every citizen, is seen by some ...

France

The World Is Asking If Cash Will Disappear — But Should It?

-Analysis- PARIS — Will the digital revolution get the better of physical currencies, a cornerstone of trade since 700 B.C. and a key fixture of modern society and government? Whether using ...

Saudi Arabia

Why Saudis Swapped Crown Prince: It's The Economy, Stupid

The latest big news out of the Middle East is that Saudi Arabian King Salman bin Abdulaziz Al Saud has ousted the crown prince and installed his 31-year-old son, Mohammed bin Salman, in that ...

Greece

Greek Debts: Is It Time To Let The Venus De Milo Go Home?

PARIS — Every day, tourists in the Louvre crowd around the Venus de Milo. The two-meter high armless marble lady is one of the museum’s most renowned pieces of art. But the statue, recovered by a ...

United Kingdom

Car Shopping On Amazon? Still A Long Road Ahead

You don’t need a brain like Jeff Bezos to figure out why he began selling books online and not cars. Books are a cheap and easily-shipped commodity product. By contrast, people rarely buy a car ...

France

Trump Conflict Of Interest Questions Wash Up At His Caribbean Villa

The sale of property belonging to Mr Trump in the French Antilles could become a problem.

China

Warning To The West: Don't Let China Hijack Global Capitalism

The U.S. has a long history of inhibiting Chinese expansion in Asia. Now, Donald Trump is handing...

China

New Slick Road: Europe Doesn't Buy China's Free-Trade Claims

European companies complain of trade hurdles in Beijing, but China presents itself as the defende...

United States

Republicans Are Still Clinging To "Anglo-Saxon Virtue" Myth

WASHINGTON — In 1965, not long after his assertion that adopting Medicare would mark the death of freedom, Ronald Reagan, that great sunny-side optimist of the American right, explained the ...

Norway

In Oil-Producing Norway, Electric Cars Are All The Rage

Electric cars are becoming a significant percentage of cars on the road in Norway. But are they r...

Chile

How Latin America Can Rise From The Sinkhole Of Corruption

Led by Brazil, much of the region is mired in deep corruption scandals. But revelation also shows...

United States

Why Amazon's Runaway Growth Doesn't Sit Well With Seattle

SEATTLE — Strolling through the bustling construction zone of Amazon’s urban campus in Seattle, you instantly recognize the charm offensive the company has aimed at its hometown. "Banistas" at two ...

China

China Speeds Toward A Cashless Economy

BEIJING — Two events this spring, seemingly unrelated, together offer a snapshot of where China has arrived in finance-related technology, commonly referred to as "fintech." On April 17, the Bank ...

United States

How "Standard" Pricing Became A Thing Of The Past

NEW YORK CITY — The 19th-century French sociologist Gabriel Tarde defined the marketplace as a war between buyers and sellers. He called price "a truce" obtained by haggling. It was because of ...

France

Protectionism, A False Promise For France's Future

In France's presidential campaign, like last year's race in the United States, protection...

France

France's Future, Rural Heartland Struggles To Reinvent Itself

Ahead of the high stakes of next week's French presidential election, a visit to "la France p...