Antony's Feed
May 27, 2015
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Fiat boss fights for car M&A with hand behind back

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Sergio Marchionne is fighting for automobile industry mergers with one hand tied behind his back. The Fiat Chrysler boss argues consolidation will reduce expenses, improve shareholder returns and better prepare carmakers for a boom in assisted and driverless cars. General Motors has already rebuffed his approach, according to the New York Times, in part perhaps because such deals are messy, complex and distracting. Marchionne doesn’t help his cause, though, by playing down the scale of potential cost cuts.

May 27, 2015
via Breakingviews

Fiat boss fights for car M&A with hand behind back

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Sergio Marchionne is fighting for automobile industry mergers with one hand tied behind his back. The Fiat Chrysler boss argues consolidation will reduce expenses, improve shareholder returns and better prepare carmakers for a boom in assisted and driverless cars. General Motors has already rebuffed his approach, according to the New York Times, in part perhaps because such deals are messy, complex and distracting. Marchionne doesn’t help his cause, though, by playing down the scale of potential cost cuts.

May 14, 2015
via Breakingviews

It’s a good time for Visa to charge up in Europe

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It’s a good time for Visa to charge up overseas. Buying former subsidiary Visa Europe may cost the U.S. payments company as much as $20 billion, according to Bloomberg. There are plenty of reasons to act now.

May 14, 2015
via Breakingviews

It’s a good time for Visa to charge up in Europe

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It’s a good time for Visa to charge up overseas. Buying former subsidiary Visa Europe may cost the U.S. payments company as much as $20 billion, according to Bloomberg. There are plenty of reasons to act now.

Apr 22, 2015
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McDonald’s serves up Earth Day nugget

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

McDonald’s has served up an Earth Day nugget. Since 1970, April 22 has become in many countries a semi-official date to ramp up awareness about the environmental state of the planet. The fast food chain chose the eve of this year’s event to announce it is to end its role in deforestation, following agriculture giant Archer Daniels Midland’s lead. Such shifts, though, are bite-sized appetizers at best.

Apr 22, 2015
via Breakingviews

McDonald’s serves up Earth Day nugget

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

McDonald’s has served up an Earth Day nugget. Since 1970, April 22 has become in many countries a semi-official date to ramp up awareness about the environmental state of the planet. The fast food chain chose the eve of this year’s event to announce it is to end its role in deforestation, following agriculture giant Archer Daniels Midland’s lead. Such shifts, though, are bite-sized appetizers at best.

Apr 22, 2015
via Breakingviews

Flash crash case suggests small can be systemic

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

The flash crash of five years ago resurfaced with a bombshell on Tuesday. Prosecutors at the U.S. Department of Justice alongside the Commodity Futures Trading Commission have accused one self-employed UK trader of manipulating futures markets so much that he contributed to the five-minute, 1,000-point plunge in the Dow Jones Industrial Average on May 6, 2010.

Apr 22, 2015
via Breakingviews

Flash crash case suggests small can be systemic

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

The flash crash of five years ago resurfaced with a bombshell on Tuesday. Prosecutors at the U.S. Department of Justice alongside the Commodity Futures Trading Commission have accused one self-employed UK trader of manipulating futures markets so much that he contributed to the five-minute, 1,000-point plunge in the Dow Jones Industrial Average on May 6, 2010.

Apr 20, 2015
via Breakingviews

Morgan Stanley Q1 rivals Goldman by different path

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Morgan Stanley’s divergence from Goldman Sachs’ strategy is starting to pay off. James Gorman’s firm had its best quarter in years in the three months to March. Its Wall Street arch-rival still has the edge on earnings performance. By one key metric, though, investors value Morgan Stanley more highly.

Apr 20, 2015
via Breakingviews

Morgan Stanley Q1 rivals Goldman by different path

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Morgan Stanley’s divergence from Goldman Sachs’ strategy is starting to pay off. James Gorman’s firm had its best quarter in years in the three months to March. Its Wall Street arch-rival still has the edge on earnings performance. By one key metric, though, investors value Morgan Stanley more highly.

    • About Antony

      "Antony Currie has more than a decade of experience as a financial journalist, having worked with Euromoney since 1996, most recently as a U.S. editor. He has worked on assignments in the major financial centers of Europe and the U.S. and written stories on capital markets, global economies and the investment banking industry. He holds a bachelor's degree in German language and literature and a master's degree in politics and international relations from the University of Bristol."
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