United Kingdom

Antony Currie

Breakingviews - GM strike is minor fender-bender, not car crash

16 Sep 2019

NEW YORK (Reuters Breakingviews) - The strike at General Motors’ U.S. plants should have very little staying power. That’s not because members of the United Auto Workers don’t have their hearts in it, or because the carmaker’s executives have little at stake. It’s simply because the two sides are far too close to a deal for it to be worth continuing for long.

Breakingviews - Viewsroom: Nissan’s car-crash CEO

11 Sep 2019

NEW YORK (Reuters Breakingviews) - Hiroto Saikawa is stepping down amid controversy over his pay. It has implications for the company’s rocky Renault alliance, and by extension for the French carmaker’s recent attempt to merge with Fiat Chrysler. Plus, is activist Elliott Management going soft on AT&T?

Breakingviews - Wall Street mistakes water for a business washout

27 Aug 2019

STOCKHOLM (Reuters Breakingviews) - Stockholm’s architecture, waterways and balmy climate make Sweden’s capital a tourist haven in the summer. Throw in the networking appeal of almost 4,000 people in town for the annual World Water Week confab, including government officials and executives from big companies like Diageo, Apple and Nestlé, and it’s hard to imagine Wall Street types not flooding the event. But most stay away.

Breakingviews - Carmakers have $372 bln incentive to defy Trump

27 Aug 2019

NEW YORK (Reuters Breakingviews) - Carmakers have a $372 billion incentive to defy Donald Trump. That’s the annual sales potentially at risk if they don’t meet tailpipe-emissions rules in California and 14 other states that are tougher than the U.S. president wants. Trump on Wednesday lobbed baseless accusations at Ford Motor, which along with BMW, Honda Motor and Volkswagen recently sided with the Golden State. But the financial case for greener vehicles is clear.

Breakingviews - The Exchange: Banking on water

27 Aug 2019

STOCKHOLM (Reuters Breakingviews) - Wall Street is diving into climate risk - with the exception of water. Torgny Holmgren of the Stockholm International Water Institute explains how that’s starting to change and how properly valuing the asset and smart use of technology are key to solving the crisis.

Breakingviews - Climate-denying magnate stoked potent opposition

23 Aug 2019

NEW YORK (Reuters Breakingviews) - There’s a miserable symbolism to billionaire climate change-skeptic David Koch dying as a record number of fires rage through the Amazon rainforest. He, along with his brother Charles, ran fossil-fuel conglomerate Koch Industries. They spent $127 million over the past two decades or so funding anti-global warming causes, according to Greenpeace research. But governments, companies and investors have already consigned to the scrap heap his belief that free markets cure all ills.

Breakingviews - Viewsroom: How to read the recession runes

22 Aug 2019

NEW YORK (Reuters Breakingviews) - A U.S. downturn is near, judging by past early warning signals from yield curves to bank valuations. But fallout from the 2008 crisis has sapped them of some predictive power. Plus: what the exit of Cathay Pacific’s CEO says about Beijing’s response to the Hong Kong protests.

Breakingviews - Viewsroom: WeWork unfurls the red flags

15 Aug 2019

NEW YORK (Reuters Breakingviews) - The shared-office provider’s long-awaited IPO filing is packed with pointless life-affirming tropes. But it also details a host of conflicts of interest and other risks that should send investors running. Plus: India’s powerhouse Reliance is building a war chest for dominance.

Breakingviews - Viewsroom: Vicious trade cycle traps U.S., China

08 Aug 2019

NEW YORK (Reuters Breakingviews) - The White House’s decision to brand Beijing a currency manipulator is the latest move in a conflict riven by miscommunication, unrealistic expectations and no obvious way out. Plus: Why the LSE is paying $27 bln for Refinitiv, and which of the data firm’s owners comes out on top.

Breakingviews - Viewsroom: Is Beyond Meat worth a bite?

01 Aug 2019

NEW YORK (Reuters Breakingviews) - The meatless-burger maker is the best-performing IPO of the year by far. Now insiders are selling stock early as the company deals with rising competition, regulations and even a potential pea shortage. Plus: Using wine goggles to look at Western firms’ joint ventures in China.

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