A crisis of political legitimacy is hanging over Malaysia’s government just when it needs to make tough decisions to tackle a relentless surge in Covid-19 infections. It’s hard to see the ongoing state of emergency ending in August as promised. Parliament was suspended in January in the name of fighting the pandemic, allowing Prime Minister Muhyiddin Yassin to stay in ...

When a company faces shareholder activism, the temptation is to find quick rewards for investors at the expense of the business. But GlaxoSmithKline Plc — now a target for Elliott Management Corp — is in a bind because its heavy dividend commitments have already long constrained its ability to invest in new medicines. The UK drugmaker should use the forthcoming ...

Ocean conservation was once a goal for Democrats and Republicans alike. In Congress, they collaborated to ensure that US fisheries would be sustainably managed, to protect imperiled marine creatures by banning the use of driftnets and shark finning, and to set aside large areas of the ocean for special protection. While he was president, George HW Bush designated six National ...