New overseas investments by businesses around the world fell for the fourth-straight year in 2019 to their lowest level in almost a decade, pointing to a slowdown in globalization as the world-wide economy cooled. The United Nations Conference on Trade and Development said foreign direct investment, or FDI, last year fell to $1.39 trillion from $1.41 trillion. The 1% drop puts global FDI at its lowest level since 2010, when many businesses shelved plans as they assessed the impact of the financial crisis. The U.N. expects...

Source: Wall Street Journal January 20, 2020 12:56 UTC