Antony's Feed
Apr 2, 2015
via Breakingviews

Nestlé called out for bottling, selling California water during drought

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

Nestlé is wading into what may be the purest form of water risk. A unit of the $243 billion Swiss food and drinks giant is facing populist protests for bottling and selling perfectly good water in Canada and drought-stricken California.

Apr 2, 2015
via Breakingviews

Nestlé called out for bottling, selling California water during drought

Photo

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

Nestlé is wading into what may be the purest form of water risk. A unit of the $243 billion Swiss food and drinks giant is facing populist protests for bottling and selling perfectly good water in Canada and drought-stricken California.

Apr 1, 2015
via Breakingviews

California drought may find relief from Down Under

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

California Governor Jerry Brown may want to look Down Under for relief from the state’s years-long drought. The amount of water stored in reservoirs and snowcaps is so low that on Wednesday he ordered an unprecedented 25 percent cut in statewide use. It’s a wise though belated move. Now he needs a comprehensive plan to help turn California’s water woes around.

Apr 1, 2015
via Breakingviews

California drought may find relief from Down Under

Photo

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

California Governor Jerry Brown may want to look Down Under for relief from the state’s years-long drought. The amount of water stored in reservoirs and snowcaps is so low that on Wednesday he ordered an unprecedented 25 percent cut in statewide use. It’s a wise though belated move. Now he needs a comprehensive plan to help turn California’s water woes around.

Mar 23, 2015
via Breakingviews

Global water woes mix with trickle of good news

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

Earth faces a major water crisis. By 2030, the planet could have 40 percent less H2O than needed, due to rising demand for food and energy from a growing population, the United Nations reiterated in a report published on Sunday to mark World Water Day. The multi-year droughts afflicting California and Sao Paulo, Brazil may be harbingers of doom on a broader scale. But there is enough progress to offer hope.

Mar 19, 2015
via Breakingviews

Wall Street owners finally get breakup bona fides

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

The idea of big U.S. banks breaking up will finally get a public airing. The Securities and Exchange Commission is allowing Bank of America shareholders to vote at the firm’s annual meeting on whether executives should contemplate spinning off the Merrill Lynch investment bank. The watchdog previously muzzled similar requests.

Mar 19, 2015
via Breakingviews

Wall Street owners finally get breakup bona fides

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

The idea of big U.S. banks breaking up will finally get a public airing. The Securities and Exchange Commission is allowing Bank of America shareholders to vote at the firm’s annual meeting on whether executives should contemplate spinning off the Merrill Lynch investment bank. The watchdog previously muzzled similar requests.

Mar 17, 2015
via Breakingviews

Jefferies rubs salt into own wounds

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

Jefferies is rubbing salt into its own wounds. The Wall Street firm managed to avoid a second straight quarterly loss, but only just. Net income for its first quarter was a dismal $12.5 million as the three months to February exposed some of the investment bank’s weaknesses.

Mar 17, 2015
via Breakingviews

Jefferies rubs salt into own wounds

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

Jefferies is rubbing salt into its own wounds. The Wall Street firm managed to avoid a second straight quarterly loss, but only just. Net income for its first quarter was a dismal $12.5 million as the three months to February exposed some of the investment bank’s weaknesses.

Mar 10, 2015
via Breakingviews

Credit Suisse finds CEO industry fears – but needs

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By Antony Currie

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

Credit Suisse has found the type of chief executive that the industry fears, but needs. Prudential boss Tidjane Thiam, who is to replace Brady Dougan in July, has no ties or loyalties to either investment or private banking. And he has a reputation for making bold moves – witness his bid for rival AIA in 2010. It’s a combination that should send shivers not just through Credit Suisse, but through rivals across the City and Wall Street, too.

    • 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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