Gautam Adani joins $US100bn club
Founder of India’s Adani Group hits a net worth of $US100bn, putting him among the top 10 wealthiest people in the world.
The Wall Street Journal
Disney could go broke for woke
Is opposition to parents’ rights really the hill for a children’s entertainment company to die on?
HK chief will not seek a new stint
Decision comes after five years of political and social turmoil that included mass protests and a national security crackdown.
Beijing backs off from Xi’s ‘common prosperity’
The signature economic policy, aimed at reducing inequality, rattled businesses last year but has faded as Beijing refocuses on shoring up growth.
The investor who’s sticking with Russia
Russian stocks crashed after Vladimir Putin waged war on Ukraine. That’s when hedge fund manager David Amaryan started buying after clients told him to do his job.
Biden told the truth: Vladimir Putin has to go
No free-world leader should hesitate to state plainly that the world would be a far better place if the Russian President were no longer in charge.
Crypto’s central bank Tether vulnerable to a run
Tether says it has conservative investments, while hedge funds question how much risk lies in the $US82bn investment portfolio that backs the currency.
US companies relax Covid-19 protocols
JPMorgan, Verizon are among employers that have rewritten vaccine or other mandates in response to shifting government guidance in the US.
Economists seek recession clues in the yield curve
Wall Street’s favoured indicator flashes a slump signal, but a Fed gauge doesn’t.
Tesla on rise in ‘exceptionally difficult’ quarter
Electric-car maker delivered 310,000 vehicles globally.
Chelsea sale poised to be biggest deal in sport
Several US bidders for the Premier League soccer club have emerged. Net losses under its oligarch owner have reached more than $US1 billion.
New York to keep mask mandate for young children
New York City toddlers must keep masks on as after appellate judge stays court ruling that threw out the mandate.
Maxwell’s request for new trial denied
Juror’s lack of truthfulness on screening questionnaire wasn’t deliberate in Jeffrey Epstein confidante’s sex-trafficking case, judge concludes.
Pre-Ramadan terror wave sweeps West Bank
Clashes with the Israeli military in the West Bank left two Palestinians dead and an Israeli was stabbed on a bus amid a surge of terrorist attacks.
Graham to oppose Biden’s Supreme Court pick
A senior Republican says confirming the first black woman nominated to America’s Supreme Court is ‘a bridge too far’.
How to break through Putin’s propaganda in Russia
The US should reveal what it knows about the fate of Russian soldiers and announce that proceeds from property confiscated will be returned to the Russian people.
Unprecedented US oil release to ‘make a difference’
US President Joe Biden’s decision to release one million barrels of oil reserves per day may tamp down soaring prices, but analysts and the energy sector say it’s a short-term fix.
Biden set to lift Trump’s border turnback policy
Pandemic-era policy allowing migrants to be turned away at border will end May 23.
Pakistan opposition claims numbers to roll Khan
The leader, who has vowed not to resign, is facing a no-confidence vote in parliament.
Refugees surge to over four million
Figure exceeds organisation’s highest prediction for whole war and 10.5 million people uprooted or forced abroad.
Original URL: https://www.theaustralian.com.au/business/the-wall-street-journal/page/185