Viewsroom

Breakingviews columnists talk about the big numbers, crunchy deals and nasty spats in global business and economics, offering a weekly dose of financial insight that goes beyond the concise and provocative views readers get from our columns every day.

News
176
Viewsroom: Olympic blunders and Robinhood’s IPO
The Tokyo games are struggling with rising Covid-19 infections, corporations pulling out, an unenthused Japanese public and now a bad Holocaust joke. Pete Sweeney and Rob Cox discuss. Meantime, John Foley says Robinhood resembles E*Trade 20 years ago –...
20 min
177
Viewsroom: Finance’s first-rate second quarter
Earnings of Wall Street’s largest banks confirmed that animal spirits among corporate chiefs and global investors are running high, while pandemic-shy consumers are getting their mojo back. John Foley walks Rob Cox through JPMorgan, G...
14 min
178
Viewsroom: Grocer buyouts, More China crackdowns
Why are private equity firms clogging the aisles at Britain’s WM Morrison to pull off a near-$9 billion purchase of the supermarket chain? Aimee Donnellan and Peter Thal Larsen explain. And our Asia columnists discuss Beijing’s new attitude to U.S.-tra...
24 min
179
Viewsroom: Communist birthday, Little guys in IPOs
China’s Communist Party turns 100. The institution has never been so popular at home or resented abroad. Its leaders are experts at the nuances of control and long on ambition, Pete Sweeney says. Plus, Wall Street enlists individual investors ...
20 min
180
Viewsroom: Wall Street is open again and booming
From Morgan Stanley to BlackRock, the world’s top investment banks and money managers are back in their offices and super busy with mergers, IPOs, LBOs and other activities thumping. Plus, Soho House and Wise go public and green hydrogen megalomania on...
33 min
181
Viewsroom: Private equity gets funky, HK hiring
Blackstone, KKR, Carlyle and other firms are flipping the leveraged buyout playbook with deals that, while less dependent on debt, don’t always add up for their backers. Meanwhile, investment banking is fast becoming the fragrant harbor’s monoculture. ...
24 min
182
Viewsroom: Vaccine carrots and sticks, plus donuts
Governments and companies are dangling incentives for people to get jabbed against Covid-19. But it will take more than free weed, lottery tickets and beer to reach herd immunity, Jeff Goldfarb explains. And Dasha Afanasieva says take the pastries, lea...
17 min
183
Viewsroom: Big Oil’s global blow
A small activist fund upended Exxon Mobil’s board while Shell was dealt a setback in a Dutch courtroom. At the same time, Chevron shareholders backed a proposal to cut more emissions. The interests of both stakeholders and shareholders are rapidly alig...
15 min
184
Viewsroom: AT&T’s second breakup, Asian super-apps
The telephone company’s deal with Discovery, the reversal of a failed strategy to become a media juggernaut, opens a window into streaming warfare; and the creation of Southeast Asia do-everything internet group GoTo is a prelude of more to come. Plus,...
22 min
185
Viewsroom: China’s baby bust, European SPAC boom
China’s census data showed the population grew just 0.53% every year in the decade to 2020, with fertility rates dropping to Japanese levels. That’s bad news for growth. And European rainmakers like Claudio Costamagna and Ian Osborne offer market-frien...
17 min
186
Viewsroom: Detailing the artistry of the SPAC
Though special purpose acquisition vehicles are nothing new, the recent boom in fundraising and dealmaking has provided fertile hunting grounds for Breakingviews columnists. Lauren Silva Laughlin and Richard...
16 min
187
Viewsroom: Life from the latest Indian lockdown
Images of vast funeral pyres, overcrowded hospitals and empty streets have been emanating from India as the country grapples with surging Covid-19 infection rates. Una Galani surveys the situation on the ground from Mumbai and discusses the government’...
16 min
188
Viewsroom: The Super League’s short, unhappy life
The richest European soccer clubs, including Juventus and Real Madrid, swiftly aborted plans to create a breakaway competition. But as Liam Proud and Peter Thal Larsen explain, the financial appeal of a U.S.-style sporting cartel remains irres...
26 min
189
Viewsroom: Cross-border travel hassles, Alibaba
For businesspeople eager to get back on the road, three lucky Breakingviews editors share their experiences of hopping across the Atlantic, traveling to India and navigating Europe’s arbitrary rules. Asia columnists discuss how Beijing has com...
34 min
190
Viewsroom: Asia’s E-car mania, U.S. infrastructure
Huawei makes telecoms, Haier dishwashers, Xiaomi phones, Evergrande condos. Now, these Chinese companies all want to make battery-powered vehicles too. And while on the subject of building, U.S. President Joe Biden is going big. Maybe too big for the b...
22 min
191
Viewsroom: Everything we know about Archegos
The extraordinary unwinding of Bill Hwang’s family office was one of those rare stories that connected Breakingviews columnists from Hong Kong, New York, Zurich, London, Melbourne and Washington into one big, hard-working family. Here&nbsp...
25 min
192
Viewsroom: Turkish trouble and emerging markets
President Tayyip Erdogan’s abrupt firing of a third central bank governor forced investors to contemplate whether this might precipitate a run on financial assets in other developing markets, including South Africa. Breakingviews columnists discuss the...
16 min
193
Viewsroom: The jabbed and jabbed nots, Jardine
Vaccination programmes are running apace in the UK, U.S., Israel and other nations, but they have worryingly stalled in Europe. This reflects more than just differing health systems, Breakingviews columnists argue. P...
23 min
194
Viewsroom: Greensill/Credit Suisse, GE, Diversity
Big names in finance, like Credit Suisse and tycoon Sanjeev Gupta, are suffering collateral damage from the UK supply chain lender’s collapse. The sale of aircraft leasing brings GE closer to CEO Larry Culp’s light-bulb moment. And working fro...
27 min
195
Viewsroom: Wall Street CEOs’ pay, Sea, Greensill
A plague year for the world was a relatively rich one for the heads of Morgan Stanley, JPMorgan and Wells Fargo; Southeast Asian tech conglomerate Sea navigated choppy waters to a $127 bln market value; Greensill’s problems may not be...
26 min
196
Viewsroom: Electric cars share some market fever
Toyota, Ford and GM are all trading at their highest level in years as investors start to pick some winners among traditional automakers. Fear of missing the next Tesla, though, means shareholders are keeping the heady valuations for upstarts like late...
14 min
197
Viewsroom: Breakingviews’ new SPAC needs a name
Blank check mania has crossed the Atlantic, bringing with it hopes of riches for well-connected financiers, underwriters, startup founders and ordinary investors. The U.S. example, though, offers some warning signs, our columnists sug...
20 min
198
Viewsroom: Tesla/bitcoin, Hydrogen, French finance
Elon Musk has gone full cryptocurrency. Tesla’s $1.5 bln bitcoin buy is a wink to virtual-investment, anti-establishment fervor, if a challenge to accounting rules, Richard Beales argues. Meantime, Japanese carmakers are going gaga for hydroge...
24 min
199
Viewsroom: Bezos takes step back, Draghi steps up
Amazon founder Jeff Bezos is handing the baton to Andy Jassy so he can spend more time with his rockets, a move that’s not always smooth sailing, Jennifer Saba tells Rob Cox. Meantime Mr. Whatever It Takes, Mario Draghi, is s...
22 min
200
Viewsroom: Short squeeze craziness, Oz in the lead
Something completely wacky is happening with GameStop and a few other stocks favored by short sellers, and it’s likely to end very poorly for some armchair traders, Breakingviews columnists discuss. Plus, a visit to our Melbourne bure...
23 min