LONDON (Reuters Breakingviews) - There’s a read-through from the British election for the one coming up in the United States next year. Straying too far from the centre in an established capitalist democracy is a form of political suicide. Democrats lining up to challenge incumbent Republican President Donald Trump would be well advised to heed the lesson meted out on Thursday to Labour Party leader Jeremy Corbyn.
［モントリオール １２日 ロイター BREAKINGVIEWS］ - カナダのケベック州モントリオールで今年１１月９日、地下鉄プラス・デ・ザール駅のプラットホームにおいて不愉快な事件が発生した。南アジア系の女性がドミノピザの箱を抱えて乗り込んだところ、１人の男性が箱をたたき落とし、ピザが地下鉄車両の床にぶちまけられたのだ。
MONTREAL (Reuters Breakingviews) - Something disturbing happened Saturday on the platform of the Place-des-Arts metro stop in Montreal. As a woman of South Asian descent was boarding a train with a Domino’s box in her arms, a man slammed it from her hands, sending the pizza melting onto the subway floor. She called after the man, who had bleached yellow hair. He flipped her the bird, scrambling toward the exit. Her face registered astonishment, then fear. “I’m sorry, but do you know that man?” No, she replied, shaking. “Never seen him before.”
TORONTO (Reuters Breakingviews) - The most important document for global investors considering whether to purchase Saudi Aramco’s stock is not actually the Saudi Arabian energy giant’s prospectus. Sure, the fundamentals of the business will determine whether the state-controlled company is worth anything like the $2 trillion that Crown Prince Mohammed bin Salman has insisted it should be.
HONG KONG (Reuters Breakingviews) - It’s a shame Sergio Marchionne isn’t around to see the deal unveiled by Fiat Chrysler Automobiles and French rival Peugeot. The merger, to create a carmaker worth more than $50 billion, is the apotheosis of an industrial vision that Marchionne advocated for years, but never got to see play out. After more than a decade running Fiat, Marchionne passed away in the summer of 2018.
HONG KONG (Reuters Breakingviews) - What happens when a French bureaucrat, a Chinese government official, rich European heiresses and a captain of car-making walk into a boardroom? This start of a bad financial joke is what could result from the proposed $50 billion merger of Fiat Chrysler Automobiles, and Peugeot. Crunching together two second-tier businesses is tough enough without a muddled governance structure.
* Evercore working with headhunting firm Charta Partners –
LONDON/PARIS/NEW YORK Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms, including Lazard, sources told Reuters.
NEW YORK (Reuters Breakingviews) - The factory floor may be an odd place to find a musical virtuoso. But the founder of Nanotronics, a near-unicorn on the Brooklyn waterfront with Peter Thiel on its board, is as comfortable tinkling the ivories as he is tinkering with the complexities of process automation.
ZURICH (Reuters Breakingviews) - Two custom-tailored wealthy men arguing at a champagne reception does not a Jason Bourne thriller make. Unless the combatants happen to be two of the most senior bankers in Zurich. This city’s professionals are normally known for being discreet and predictable - even boring, in the best sense of the word. In recent years they have also tried to burnish their ethical credentials.