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Australian Ports Sale is Largest Transport Deal Globally in 2013

Friday’s 5.07 billion Australian dollar (US$5.3 billion) ports deal has set several milestones.




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LVMH Fund Lands Australia’s R.M.Williams Stake

L Capital Asia, a private-equity firm backed by LVMH Moet Hennessy Louis Vuitton, has made its second investment in Australia, a person familiar with the matter said Monday.




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Citigroup Appoints New Asia Prime Finance Head

Citigroup Inc. has made some changes in its prime finance unit, appointing a new head in Asia.




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OUE Likely To Reload After REIT Listing, Maybank-Kim Eng Says

Overseas Union Enterprise is likely to move ahead with new acquisitions after raising around $680 million by listing a real-estate investment trust listing later in the year, Maybank-Kim Eng says.







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JPM Veteran Corio Joins Miller Buckfire

Restructuring adviser Miller Buckfire & Co. is growing its bankruptcy and restructuring practice once again after prominent bankers departed about two years ago.




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Record Number of Banks in One Deal as HK’s IPO Market Heats Up

Hong Kong's IPO market is shifting into high gear this week with two billion-dollar offerings but one deal is crowded with a record number of banks who are being asked to do more to earn business.




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Lithium for EV Batteries Is in High Demand, But Protesters Are Pushing Back

Lithium prices are rising as demand for the key ingredient in electric car batteries grows, amid a broader push to move away from oil and gas. But extraction of the metal is time consuming and potentially harmful to the environment, and plans to produce more have prompted protests. Photo: STR/Getty Images, Oliver Bunic/AFP/Getty Images




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As U.S. Inflation Surges, Japan's Low Prices Hold Steady

As the cost of groceries, clothing and electronics have gone up in the U.S., prices in Japan have stayed low. WSJ’s Peter Landers goes shopping in Tokyo to explain why steady prices, though good for your wallet, can be a sign of a slow-growing economy. Photo: Richard B. Levine/Zuma Press; Kim Kyung Hoon/Reuters




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Tapering: What It Is and Why It Makes Markets Shudder

The Federal Reserve says it will accelerate the wind-down of its bond-buying program, the biggest step the central bank has taken in reversing its pandemic-era stimulus. Here’s how tapering works, and why it sends markets on edge. Photo illustration: Adele Morgan/WSJ




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Djokovic Fans Celebrate After Australian Judge Orders Release From Detention

Crowds gathered to celebrate after a judge ordered the release of tennis star Novak Djokovic from detention ahead of the Australian Open. The ruling comes after the Australian government canceled his visa, saying he wasn’t exempt from Covid-19 vaccination rules. Photo: Hamish Blair/Associated Press




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Student Loan Forgiveness: The Borrowers Who Now Qualify

WSJ higher-education reporter Melissa Korn breaks down the select groups of borrowers who are currently eligible for student debt relief and what borrowers can expect next year. Photo: Getty Images




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WSJ Opinion: Kamala Harris and the Future of the Democratic Party

The only thing worse than the President's approval rating is that of his vice president, Kamala Harris, whom it's reported the Biden team accuse of dysfunction and a lack of focus. Images: AFP/Getty Images Composite: Mark Kelly




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Watch Doctors Transplant Pig Heart Into Patient in Medical Breakthrough

For the first time, surgeons in Maryland transplanted a genetically modified pig heart into a human without immediate rejection by the patient’s body. While the operation brings doctors a step closer to solving the organ shortage, it remains controversial for some. Photo: University Of Maryland School Of Medicine




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A Home-Ice Disadvantage in Game 7

Entering this season, the Pittsburgh Penguins are only 1-3 in Game 7s at home during the Sidney Crosby era.




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LeBron James Approaches Michael Jordan’s Stratosphere

LeBron James’s ever-growing playoff resume has raised a question once unthinkable: How much more would he have to do to surpass Michael Jordan?




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Skip the Sweat With an E-Bike

E-bikes are electric bikes that give riders an assist while pedaling.




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Finding Gems in the Expansion Draft Is Rough

If history is any indication, finding a star among the unprotected players is as difficult as finding treasure at a garage sale.




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Orioles Pitchers Can’t Keep the Ball in the Park

The Orioles have gone nearly the entire month of June allowing at least one home run in every game.




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How to Fix and Strengthen the 401(k)

The 401(k) workplace-savings plan, designed to augment traditional pensions, has become the primary retirement-savings vehicle for many workers, but critics say it isn’t up to the task. WSJ's Anna Prior highlights five key suggestions to strengthen the 401(k). Photo: Getty




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A More Personal Synthetic Voice for Those Who Can't Speak

A wave of new technologies is giving people like Max Plansky, who are unable to speak due to a debilitating condition, a more personal synthetic voice. Photo/Video: Denise Blostein/The Wall Street Journal




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Should Homeowners Ban Drones Over Their Property?

The increased use of personal and commercial drones is raising questions about where they should be permitted to fly, and who should make that decision. The FAA estimates drone sales will reach 7 million by 2020. Photo: John Weber for The Wall Street Journal




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Women Are Less Likely to Delegate Than Men

Women are less likely to delegate than men and that might hurt their careers. WSJ's Michelle Ma explains why women have a harder time passing off work to others.





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At Camp Kotok, the Chatter Is About Fed Rate Rise, China and How the Fish Are Biting

For many luminaries of the financial sector, the place to be when the July payrolls report is released is around a small television set at Leen's Lodge in Grand Lake Stream, Maine. If you are there on the first Friday of August, you are part of “Camp Kotok.”




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WSJ Survey: Oil and Inflation Are Stubborn Disappointments

The history of oil tycoons is littered with booms and busts—fortunes that swelled and collapsed with unexpected velocity—subject to the vagaries of oil discoveries and the high-stakes game of world diplomacy and international intrigue. Economic forecasters can't avoid them, either.




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How Much Would It Cost to Reduce Global Warming? $131 Trillion Is One Answer

Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. Illustration: Preston Jessee/WSJ




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Deadly Floods in Germany, Belgium Destroy Homes

Flooding in western Europe after days of heavy rain caused houses to collapse. With around 170 people reported dead and many more missing, officials said the German government and Parliament would work on an aid package to alleviate the suffering. Photo: Torsten Silz/Agence France-Presse/Getty Images




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What's Next for U.S. and Russia as Tensions Grow Over Ukraine

A military buildup along the Ukrainian border is further straining ties between Russia and the U.S., after clashes over cybercrime, expulsions of diplomats and a migrant crisis in Belarus. WSJ explains what is deepening the rift between Washington and Moscow. Photo Composite/Video: Michelle Inez Simon




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This 100-Acre Wyoming Spread Has Its Own Airstrip and Airplane Hangar

Along with the large airplane hangar, amenities include two fireplaces, a deck, a patio with a hot tub, a viewing tower, and a detached shop for additional toys and gear.




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How Companies Are Overhauling Supply Chains to Ease Bottlenecks

The Covid pandemic has strained global supply chains, causing freight backlogs that have driven up costs. Now, some companies are looking for longer-term solutions to prepare for future supply-chain crises, even if those strategies come at a high cost. Photo Illustration: Jacob Reynolds




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Watch: Biden Supports Changing Senate Rules to Pass Voting Rights Bills

President Biden on Tuesday spoke in Atlanta to support changing Senate filibuster rules as he sought passage of federal voting laws that have been repeatedly blocked by Republicans. Photo: Patrick Semansky/Associated Press




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Carlos Santana's Hillside Home Provides San Francisco Bay Views

Once inside, the house's modern style flows across an open floor plan marked by clean lines and quality craftsmanship from the kitchen and dining areas to the living room. Hardwood flooring and walls of windows frame the picturesque views from nearly every room.




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Tonga Volcanic Eruption and Tsunami: Satellite Images Reveal Damage

Satellite images show parts of the Pacific nation of Tonga before and after a tsunami triggered by an underwater volcanic eruption damaged the archipelago’s coastline. Vast areas were blanketed in ash. Photos: Maxar Technologies/Reuters




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Many Airlines Say They'll Be Carbon Neutral by 2050. Here's What It Will Take

A group of almost 300 airlines have committed to "net zero" carbon emissions by 2050, but just how are they going to get there? WSJ’s George Downs explores some of the methods the International Air Transport Association has suggested for emissions reduction. Illustration: George Downs




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Long Lines at Airports After American Airlines Cancels Hundreds of Flights

Videos shared online show crowds of people at airports across the country after American Airlines canceled hundreds of flights over the weekend due to bad weather and staff shortages. Screenshot: WSOC-TV via AP




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U.S. Lifts Its Travel Ban: What You Need to Know

Travelers who meet certain requirements will be allowed to enter the U.S. beginning Nov. 8. WSJ’s Allison Pohle explains what these new rules mean. Photo: Seth Wenig/Associated Press




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How Do You Design an Airfield? An Airport Planner Explains

Available space, weather and air traffic volume are key factors that go into airfield design. Robert Hoxie, who helped redesign Chicago O’Hare’s airfield, explains how runways are mapped out. Photo Illustration: Adele Morgan/The Wall Street Journal




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Cancellations Continue as Bad Weather, Omicron Disrupt U.S. Air Travel

Airlines scrapped more than 3,000 U.S. flights and delayed more than 5,000 on Monday. The new wave of cancellations and delays comes as the surge in Covid-19 infections in the U.S. has left the airline industry stretched thin. Photo: Chandan Khanna/AFP/Getty Images




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19-Year-Old Becomes Youngest Woman to Fly Around the World Solo

After landing her Shark UL aircraft in Belgium Thursday, 19-year-old Zara Rutherford became the youngest woman to fly solo around the world. Photo: Kurt Desplenter/Zuma Press




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China Targets H&M With Xinjiang Propaganda Made for Home and Abroad

Beijing is beating back international criticism of its treatment of Uyghurs in Xinjiang with a propaganda push on Facebook, Twitter and the big screen. Here’s how China’s campaign against Western brands is aimed at audiences at home and abroad. Photo: Thomas Peter/Reuters




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The Cost of Becoming an Olympic Swimmer for Team USA

Becoming an Olympic swimmer is an aspiration for thousands of young athletes in the U.S. But it comes at a heavy cost. Club dues alone can set swimmers back thousands of dollars each year. Here’s a breakdown of what it can cost to become an Olympic swimmer.




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Belarusian Olympic Sprinter’s Refusal to Return Home Challenges IOC

Belarusian sprinter Krystsina Tsimanouskaya—who, fearing arrest, resisted her team’s attempt to send her home—is safe with Japanese authorities, the International Olympic Committee says. The situation tests the IOC’s aim to run a politics-free Games. Photo: PHOTO: Issei Kato/Reuters




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Simone Biles Speaks After Winning Bronze: ‘We’re Humans’

U.S. star gymnast Simone Biles spoke to reporters after winning a bronze at the Tokyo Olympics for her performance on the balance beam Tuesday. The event marked her return after she withdrew from other finals, citing the need to focus on her mental health. Photo: Ashley Landis/Associated Press




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Delivery-Only Ghost Kitchens Are Reshaping the Restaurant Industry

Ghost kitchens are popping up all over the U.S. as food delivery soars and dining at restaurants plummets amid the pandemic. These businesses, which can host food preparation for multiple restaurants at a single location, are attracting interest from investors and restaurateurs. Photo: Adam Falk/The Wall Street Journal




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Reinventing Restaurants: Covid-Era Ideas From Chef Marcus Samuelsson

As restaurants struggle to survive during the Covid-19 pandemic, the Chef-Owner of Red Rooster, Marcus Samuelsson spoke with WSJ’s Lorie Hirose about change, history and hope. Photo: Lev Radin/Zuma Press




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Food-Delivery Apps vs. Restaurants: The Dining Industry’s Covid Divide

Demand for food delivery has soared amid the pandemic, but restaurants are struggling to survive. In a fiercely competitive industry, delivery services are fighting to gain market share while facing increased pressure to lower commission fees and provide more protection to their workers. Video/Photo: Jaden Urbi/WSJ




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Texas to End State Mask Mandate

Texas Gov. Greg Abbott announced plans to “open Texas 100%,” allowing businesses to operate at full capacity and an end to the state’s mask mandate starting March 10. Photo: David J. Phillip/AP