Reuters blog archive

from Mark Jones:

America is more than just one killer-app away from success

America is more than just one killer-app away from success

from The Great Debate:

Here’s what it will take for Americans to start getting pay raises

Demonstrators rally to raise the hourly minimum wage for fast-food workers at City Hall in Seattle

What will it really take to give America a raise?

A lot of well-credentialed policy experts have been writing nonsense about why Americans can’t be paid more.

One bogus story is that young people and working moms (whatever happened to working dads?) love the new “flexible” economy of Task-Rabbits working odd jobs. Or they’re Uber drivers or Starbucks clerks, marking time until their economic adulthood begins.

from Alan Baldwin:

Motor racing-My decision will seem obvious, says Alonso

SOCHI, Russia, Oct 12 (Reuters) - Ferrari's Fernando Alonso gave a teasing hint about his Formula One future on Sunday by saying the decision would seem obvious once announced and he was unlikely to drive for a Mercedes-powered team.

"I'm not in a hurry...I understand the curiosity, and I understand, for the fans, the news that can be around the future," the Spaniard told reporters at the inaugural Russian Grand Prix.

from Karolos Grohmann:

Scoring drought an old problem for new-look Germany

BERLIN (Reuters) - World champions Germany will be desperate to bounce back with home win over Ireland next week to recover from a shock 2-0 defeat to Poland in their Euro 2016 qualifier on Saturday but in order to achieve that, they need to start scoring goals.

The Germans wasted a plethora of golden opportunities in Warsaw before slumping to their first ever loss to Poland, a stunning defeat that sent them tumbling down to third spot in qualifying Group D.

from Expert Zone:

India Markets Weekahead: Await a sharper correction to nibble in

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The truncated week which opened after a five-day vacation was in a sombre mood except on Thursday, when markets bounced back due to a dovish Fed commentary. Friday again saw a correction, with the Nifty closing the week at 7860, down 1.07 percent.

People walk past the Bombay Stock Exchange (BSE) building in Mumbai May 13, 2014. REUTERS/Danish Siddiqui/FilesThe prospect of world economic slowdown perturbed international markets, and the Dow saw its worst week since May 2012, which in turn affected Indian markets. FIIs continued to pull out, increasingly worrying traders who are already baffled by the volatility.

from Breakingviews:

Blackstone sale may kick off next deal trend

By Jeffrey Goldfarb

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

It’s the end of the beginning for Blackstone. The M&A advice business that Steve Schwarzman and Pete Peterson used as a cornerstone to build their buyout firm three decades ago is being offloaded. Merging it with a fledgling shop run by former Morgan Stanley investment banking chief Paul Taubman potentially heralds the start of something else. The rise in global mergers could spawn a super-boutique or even entice a big bank to buy an indie firm.

from Mark Jones:

Meet Nobel Peace Prize winner Kailash Satyarthi, a savior to children

Meet Nobel Peace Prize winner Kailash Satyarthi, a savior to children

from India Insight:

Movie Review: Tamanchey

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The producers of “Tamanchey” ("Guns") are being sued by a man who claims to have directed the film but hasn’t been credited for it. This is hardly new or surprising in an industry not known for respecting writers and directors. What’s really baffling is that someone would want to take credit for this appalling gangster film.

As on-the-run prisoners Munna and Babu, Nikhil Dwivedi and Richa Chadda seem to be competing to see who can come up with the most ridiculous line delivery. (Dwivedi’s faux Bhojpuri accent sounded like he spent an hour learning the language before launching into monologues)

from Mark Jones:

An ‘atomic bomb’ is hovering over France’s economy

An ‘atomic bomb’ is hovering over France’s economy

from Anatole Kaletsky:

An ‘atomic bomb’ is hovering over France’s economy

France's President Hollande and German Chancellor Merkel talk during a conference on jobs in Milan

An “atomic bomb” is about to blow up in “the confrontation between Paris and Brussels.”

It was in these terms that Le Figaro, perhaps the most influential French newspaper, reported the European Commission’s near-certain rejection of President Francois Hollande’s 2015 budget on Oct. 29.  That is the date the commission must issue a judgment on the French budget, which proposes a two-year delay in reducing the  budget deficit to the EU-mandated maximum of 3 percent of gross domestic product.