Breakingviews

Trump Inc rapidly turning from virtue to vice

July 28, 2016

Real-estate success helped him win the GOP nomination, but there's growing scrutiny of his record. Fellow New York mogul Mike Bloomberg led the charge at the Democratic convention. Trump's long trail of slippery business dealings will make his policy proposals harder to stand up.

Oracle-NetSuite deal may be sweetest for Ellison

July 28, 2016

The business-software company is paying $9.3 bln, a whopping 44 pct premium, for a cloud-computing company effectively controlled by the Oracle CEO. The deal makes strategic sense, but Ellison looks to be once again cashing in on a side investment at Oracle's expense.

Cox: Banking ghosts haunt Clinton in Philadelphia

By Rob Cox
July 28, 2016

Long before Donald Trump upended politics by excoriating the establishment, Andrew Jackson attacked a pillar of the City of Brotherly Love: the Second Bank. It got him re-elected and firmly established the Democratic Party, whose candidate is now threatened by a similar campaign.

Dixon: Stock markets too sanguine about Brexit

July 28, 2016

Investors think the UK will settle easily into a new deal with the European Union. More likely there will be cabinet wrangles, tortuous negotiations with the EU, and an unsatisfactory conclusion.

Nigeria’s problems defy central bank fixes

July 28, 2016

A hefty rate hike was a fair response to a slump in the naira that’s fuelling inflation. Yet this is unlikely to lure much foreign money back to Africa’s biggest economy. Its political, trade, and fiscal misfortunes are too pernicious for even yield-starved investors to overlook.

Jack Dorsey may want to pull a Marissa Mayer soon

July 27, 2016

The Twitter CEO's plan to get the $13 bln social-media firm to take wing has been mostly ineffective. Revenue and user growth are slowing. Now would be a good time to find a suitor. The human news feed could find a home on the island of misfit media assets Verizon is assembling.

Fast is the enemy of good in UK trade talks

July 27, 2016

Britain is eager to sign up willing free-trade partners for when it detaches from the EU. China, a dab hand at drawing up lopsided pacts, could be a quick win for Theresa May's government. The risk is that the United Kingdom ends up with a deal that binds rather than benefits.

Short hit on Itochu is wake-up call for Japan

July 27, 2016

A report by U.S. firm Glaucus poses hard questions about how the $20 bln trading house accounts for big investments in Colombia and China. Like activists before them, foreign short-sellers could help shake up a market that often looks too cosy.

Hillary Clinton’s 1 pct dilemma gets more awkward

July 26, 2016

Progressive Senators Sanders and Warren kicked off the Democratic convention blasting the rich. With inequality atop the party platform, they expect Clinton to rein in millionaires. They are her biggest donors, however, meaning she'll be forced to ignore them at her coronation.

Yahoo fittingly closes portal on tech M&A misses

July 26, 2016

The $4.8 bln sale to Verizon caps two decades of deals and non-deals that shaped internet history. Yahoo got lucky with Alibaba, but failed to capitalize on its dominance with Google, Facebook and eBay. Spurning Microsoft also was a mistake. It's a one-company textbook on timing.