It’s about time investors were hit with the reality about electric vehicle startups. But what do tanking shares mean for the much-hyped, cheap capital-sucking EV makers that took the market by storm last year? Stocks of EV upstarts, from New York-listed, Chinese firms such as Nio Inc, Xpeng Inc and Li Auto Inc to their American peers Rivian Automotive Inc ...

  If Stuart Kirk had been a nondescript hedge-fund manager when he gave a speech questioning the financial consequences of climate change, it wouldn’t have attracted half as much controversy. But Kirk’s job title was head of responsible investments at HSBC Holdings Plc’s asset-management unit. That changes everything. Kirk created a social-media storm last week after saying investors don’t need ...

  When someone like Boris Bondarev, a Russian counsellor to the United Nations in Geneva, slams the door on his employer, the Russian Foreign Ministry, and on his home country, it’s only natural to wonder if Vladimir Putin’s system is showing cracks three months into the dictator’s disgraceful Ukraine adventure. The answer, however, is “not really.” Despite the relative failure ...