WSJ news

Published Wednesday December 7 2022 at 16:58.

China Scraps Most Covid Testing, Quarantine Rules China dropped many of its quarantine and testing requirements and curtailed local officials’ power to shut down entire city blocks, as the country’s leaders accelerate plans to dismantle zero-Covid controls.5 min read

Streetwise: What China’s Covid-19 Reopening Means for Markets Chinese Exports Fall at Steep Pace Xi Visits Saudi Arabia Musk’s Release of Documents Triggers Twitter Lawyer’s Exit Elon Musk said top Twitter lawyer Jim Baker “was exited,” part of the fallout from the billionaire’s unusual release of internal communications to criticize prior practices at the company.5 min read

A Book About Twitter Takeover Is Coming Investors See Shift in Europe’s Fortunes The region’s beaten-down stocks are seeing a recovery after a period of pessimism brought on by the invasion of Ukraine, a subsequent jump in energy prices and the highest inflation in decades.144 min read

Live Markets Updates: Stocks Wobble Carvana Stock Drops After Downgrade TikTok Faces U.S. Clampdowns After South Dakota Restrictions The app was banned from the state’s agencies over national-security concerns stemming from its Chinese ownership. Other states are following suit.216 min read

TikTok National-Security Deal Faces More Delays as Worry Grows Over Risks What’s Going on With the Housing Market? What’s Going on With the Housing Market? Home buyers and sellers are trying to make sense of a downturn that’s full of contradictions: Demand has seized up but supply is even lower; prices are sliding but not plummeting; and no one can agree on what comes next.39 min read

Warnock Win in Senate Runoff Cements Georgia’s Battleground Status The Democrat’s victory marked another setback for former President Donald Trump. Both parties now see the state, where Republicans not connected to Trump still thrive, as a tossup for 2024.236 min read

Warnock Expands Democratic Control of Senate Russian Oil-Price Cap Adds to Fiscal Pressure on Moscow Fresh Western curbs on Russian crude sales might not affect Moscow’s public coffers immediately, but they increase financial strain that threatens the country’s sanctions-stricken oil industry.1156 min read

Price Cap Triggers Traffic Jam in Turkish Straits Russia Moves to Bolster Defenses After Airfield Strikes Russian Oligarch Seizes Ukrainian Farmland Pope Francis Compares War to the Holocaust

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