Edition:
United Kingdom

Breakingviews Headlines

BREAKINGVIEWS - EU single market is better exported than muzzled

The first act of superhero movies has the protagonist slowly waking up to their new powers, perhaps trying them out on a few unfortunate toughs. That’s roughly where the European Union is in its industrial tussle with China. Thanks to the Netherlands, the bloc might finally get serious. 

Breakingviews - Google CEO move is solution in search of a problem

The reshuffle of chief executives at Google and parent Alphabet is something of a solution in search of a problem. Sundar Pichai, who runs the search engine, will now also lead the $890 billion Alphabet, replacing Larry Page. Sergey Brin, Page’s fellow co-founder, will step back too, according to Tuesday’s announcement. But an overriding reason for the change is elusive.

Breakingviews - Franco-U.S. cheese war will hit prudent tax reform

Roquefort producers are just one casualty in the brewing Franco-American cheese war of 2020. The conflagration’s abiding and potentially more economically damaging effect will be to impede a set of global reforms to the way countries tax large technology businesses. 

Breakingviews - Bolloré nears rare draw in messy Italian campaign

Vincent Bolloré is staging a strategic retreat. Media conglomerate Vivendi, which the French financier controls, is nearing a deal to sell 20% of Mediaset as part of a broad truce with the Italian broadcaster, controlled by the family of ex-Italian Premier Silvio Berlusconi. A deal would end a wasteful legal fight with limited financial damage.

Breakingviews - ThaiBev is tempting Budweiser with a Saigon brew

A Thai billionaire is tempting Budweiser to the bar. Charoen Sirivadhanabhakdi-controlled Thai Beverage, maker of Chang lager, may list its beer assets in Singapore, including a much-coveted Vietnamese brew. A mooted $10 billion valuation suggests such a move could unlock some value, but the real prize here is a deal with Anheuser-Busch InBev's recently listed Asian arm.

Breakingviews - Aussie rate setters on a slow road to asset buying

The Australian central bank has room for policy manoeuvre that would be the envy of other countries. Governor Philip Lowe can still cut the key policy interest rate twice to help a slowing economy before he has to resort to buying assets as some of his peers have been doing for years. But the Reserve Bank of Australia has good reasons to take it slowly.

Breakingviews - TCI plays outrider to Mark Carney’s climate drive

Chris Hohn made his name by assaulting the entrenched boards of European companies. Now the boss of activist hedge fund TCI is deploying those skills for a higher purpose. He’s planning to vote against directors of companies that don’t disclose how their balance sheets would be hit by climate change, the Financial Times reported on Sunday. Doing so would help outgoing Bank of England Governor Mark Carney’s push for greater transparency about the financial risks o

Breakingviews - American Dream aims to bypass U.S. mall nightmare

New Jersey is doubling down on the mall. The Garden State is home to one of the largest shopping complexes to open in recent memory. American Dream, as it’s called, offers a dizzying array of theme parks better suited to Dubai. The hope is this will help push people through the door. With retail sales swiftly moving online, that may not be enough. 

Breakingviews - TCI plays outrider to Mark Carney’s climate drive

Chris Hohn made his name by assaulting the entrenched boards of European companies. Now the boss of activist hedge fund TCI is deploying those skills for a higher purpose. He’s planning to vote against directors of companies that don’t disclose how their balance sheets would be hit by climate change, the Financial Times reported on Sunday. Doing so would help outgoing Bank of England Governor Mark Carney’s push for greater transparency about the financial risks o

Business Video

Top News