Billionaire mining magnate who bet big on coal, and won
The world’s dirtiest fossil fuel is booming and few are profiting more than Low Tuck Kwong, the 76-year-old businessman behind one of Asia’s largest coalmining complexes.
The Wall Street Journal
Warren Buffett prepares his middle child for the job of a lifetime
Howie Buffett will become nonexecutive chairman of Berkshire Hathaway, charged with keeping the culture — and making sure the CEO does too.
Trump sentenced in New York hush money case
A judge has sentenced Donald Trump to an unconditional discharge, despite the US president-elect’s last-ditch efforts to avoid becoming the first felon in the White House.
California was already in a home insurance crisis before Los Angeles infernos
Insured losses from the devastating LA fires are estimated to top $US20 billion as the beleaguered home insurance industry in California attempts to assess the damage.
Canada has no leader, and no plan, for Trump trade fight
Justin Trudeau’s resignation, and decision to forestall elections, leaves Ottawa with no plan to counter Trump’s threats of 25 per cent tariffs on all goods or his floating of a Canada takeover.
‘A hellscape in all directions’: the devastating fires that ignited crisis and chaos in LA
Fires are burning one of the most iconic swathes of America, up-ending lives and destroying property.
Deadly LA wildfires show little sign of relenting
Thousands of firefighters and emergency personnel spent a second exhausting night battling flames and evacuating residents as a series of rampant wildfires raged almost unchecked.
Iran releases Italian journalist Cecilia Sala
Italian Prime Minister Giorgia Meloni has secured the release of a jailed journalist from Iran amid fears of a lengthy hostage crisis.
Why the LA wildfires are so bad in winter
Residents live in fear of the Santa Ana desert winds, which are fast-moving, dry and extremely warm – conditions that can turn a tiny spark into a raging blaze.
Panama Canal chief says Trump’s ideas ‘will lead to chaos’
Canal executive says China doesn’t control the route and US ships can’t get better rates than others.
The Pacific Palisades is home to the rich and famous. Now they’re being forced to flee.
The area, known for scenery and ocean views, hadn’t been subjected to wildfires in recent decades.
Israel ‘must be ready to start wars’: government report
Israel is likely to remain on a war footing for years to come after a government commission report recommended increasing military spending to prepare for future security challenges.
The populist vying to lead Canada and end a decade of Liberalism
Pierre Poilievre rode a wave of discontent with Covid-19 policies, putting him on the cusp of becoming prime minister.
‘Cataclysmic failure’: Iran pulls forces from Syria
The withdrawal marks the demise of a years-long effort to use Syria as a hub in Tehran’s broader regional strategy and is a major blow to Iran’s ambitions.
Far-right French firebrand Jean-Marie Le Pen dies
Jean-Marie Le Pen, the French firebrand who rekindled far-right politics in the heart of Europe, has died at the age of 96.
Desperate ploy to rid Venezuela of Maduro
Opposition leader seeks to draw out protesters to prevent power grab by strongman President Nicolas Maduro.
Venezuela’s dissidents plot comeback after months in hiding, exile or jail
Venezuela’s opposition leader and its most popular politician are planning a last-ditch attempt to stop President Nicolás Maduro clinging to power when his term ends this week.
Far right asked to form government in Austria
Austria’s Freedom Party has been tasked with trying to form what could become the nation’s first far-right-led government since World War II.
Trump faces test over his pardon promise for January 6 rioters
The incoming US president has the power to pardon many of the mob who stormed the US Capitol, but it’s unclear how far he will go. One thing is for sure – those convicted aren’t sympathetic characters.
Biden-Netanyahu row encouraged Hamas to back off truce deal
As the Biden administration increased pressure on Israel in 2024, Hamas reasoned it didn’t need to release the hostages; the US would force Israel to end the war anyway.
Original URL: https://www.theaustralian.com.au/business/the-wall-street-journal/page/5