Mar 6, 2015 19:12 UTC

Apple entry into DJIA is polish for an antique

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By Robert Cyran and Richard Beales

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

Apple’s entry into the Dow Jones industrial average is a bit like polishing an antique. The average share price of 30 stocks selected by committee will finally include the world’s biggest company in place of AT&T. It’s an overdue move for an outdated yardstick – one which, like landlines and checkbooks, lives on.

Mar 6, 2015 15:26 UTC
Edward Chancellor

Review: Money, theft and death in Putin’s Russia

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By Edward Chancellor

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

Since the turn of this century, the fast-growing BRICS (Brazil, Russia, India, China and South Africa) have been much hyped on Wall Street. Yet investors in these countries and many other emerging markets have been plagued by the absence of the rule of law, inadequate protection of property rights and widespread corruption.

COMMENT

All that goes for all five BRICS, as well as many similar countries. Investors beware.

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Mar 5, 2015 15:39 UTC

Carlos Slim buys Spanish real estate on the cheap

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By Fiona Maharg-Bravo

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

The world’s top billionaires are battling for Spanish property. Bill Gates, George Soros and Amancio Ortega have all taken stakes in real estate companies or bought emblematic buildings in Spain. Now Carlos Slim is building his own Spanish empire on the cheap.

Mar 4, 2015 14:45 UTC
Edward Hadas

Europe’s rebound poses new questions

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By Edward Hadas

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

The good news keeps coming in Europe. Brussels lifted growth forecasts last month. More recent data shows consumer confidence at multi-year highs, German retail sales soaring, Britain thriving, and euro zone unemployment falling – albeit to a still painful 11.2 percent. After years of disappointments, policymakers and investors have to adapt to a better world.

Mar 3, 2015 15:51 UTC

Rob Cox: Silicon Valley’s boom-boom room moment

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By Rob Cox

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

The entrée hadn’t even arrived when the youngest person present at a dinner in San Francisco a few years ago got up abruptly to go see a startup he wanted to fund. That was a bit odd. So was his nervous tic.

Mar 2, 2015 18:45 UTC
Breakingviews Columnists

Tech drive strips old-school carmakers of clout

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By Breakingviews columnists

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

Silicon Valley is driving in to try to strip traditional carmakers of their clout. Apple is the latest technology powerhouse to dabble in vehicles – it has hired several hundred engineers and other automotive experts and has held talks with car parts supplier Magna, according to Reuters and other reports. The news is likely to dominate the Geneva auto show, which opens on Thursday. From Tesla Motors to Google to Uber and beyond, though, the shift to putting large numbers of connected, self-driving vehicles on the roads may take a while.

Mar 2, 2015 08:06 UTC

India’s infrastructure push could be envy of West

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By Andy Mukherjee

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

India’s infrastructure push is the exception to the global norm. The government has decided to pursue a public investment-led growth strategy, even though it means going slow on fiscal correction. It’s an opportunity that rich nations, which can borrow far more cheaply than New Delhi, are missing.

Feb 26, 2015 15:34 UTC

Rob Cox: Welcome to the new, global Tangentopoli

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By Rob Cox

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

It seems about impossible to find a corruption-free corner of the earth. Scandals involving business and political elites have struck from Sao Paulo to Beijing, Virginia to Santiago and Madrid to Mexico, and seem to unfold daily. Welcome to a new, global Tangentopoli.

Feb 23, 2015 14:20 UTC

HSBC’s operating woes trump Swiss tax furore

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By Peter Thal Larsen

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

HSBC’s financial woes trump its Swiss tax headache. Revelations about the global bank’s past fiscal fiddles – and Chief Executive Stuart Gulliver’s offshore accounts – have brought new scrutiny and raised the bar for future conduct. Investors care more about whether HSBC will be able to reach its newly reduced financial targets. These still look some way off.

COMMENT

“tax shenanigans” — Reuter’s reference to HSBC banking money for terrorists, etc? Clearly, why would investors expect poor performance from executives w/ lax ethics and unrealistic business forecasts?

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Feb 21, 2015 20:23 UTC
Hugo Dixon

Time for Greece’s Alexis Tsipras to keep his nerve in debt battle

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Greek PM Tsipras attends a cabinet meeting at the parliament building in Athens

Greek PM Tsipras attends a cabinet meeting at the parliament building in Athens, Feb 21, 2015. REUTERS/Kostas Tsironis

Alexis Tsipras must keep his nerve. The new Greek prime minister has crossed a Rubicon in asking for an extension to the country’s hated bailout programme while abandoning many election promises. Tsipras should realise there is now no turning back. But he can snatch victory from defeat if he embraces radical reforms with vigour.

COMMENT

I fully agree with the comments posted by Thurlac which are accurate and to the point.
The Greek Orthodox Church is supporting the needy without taking under
consideration nationality, colour or creed. Others should follow the Church’s example.

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