Breakingviews

Latest Apple rumor may vanish as fast as a McLaren

September 22, 2016

The iPhone giant may have approached the British supercar firm. Apple, though, has made few acquisitions, even to help it pioneer smartphones. While McLaren is high-tech, it's hard to see it taking Apple's car ambitions far. Fancy can run free when a company has $230 bln of cash.

from Viewsroom:

Viewsroom: The Kit Kat defense; Brexit fallout

July 8, 2016

The humble four-fingered chocolate bar could play a key role in fending off bidders for Hershey. Meanwhile, the EU-shunning UK battles political instability, a tanking currency and a run on commercial property funds, while the economic pain of allowing in far fewer migrants looms.

Japan’s carmakers are passengers in wild FX ride

July 5, 2016

Shares in Toyota, Nissan, Honda and others have crashed since Britain voted to quit the EU. All will be hit by an economic slowdown, and some would suffer from new tariffs on UK-made vehicles. But the selloff mostly reflects how exposed the firms are to currency-market swings.

China has more to lose from Western turmoil

June 28, 2016

As voters in developed countries reject globalisation, Premier Li Keqiang has called for more international economic cooperation. That makes sense: rising protectionism and resistance to foreign investment will hurt Chinese business and exacerbate its own economic slowdown.

Europe exit dulls Britain’s appeal to Asia Inc

June 27, 2016

Asian companies have typically viewed the United Kingdom as a stable and open market. Now they must grapple with a weak sterling, political chaos, and likely recession. Until they have more clarity on the terms of future trade with the European Union, investment will suffer.

Time Out IPO more fringe than West End

June 10, 2016

The loss-making events magazine is raising 90 mln pounds on London’s junior market. Its revamp depends on convincing visitors to book tickets on its site, though its track record hasn’t been great so far. Online booking is a crowded field and the price it is asking looks high.

Chancellor: UK housing crisis isn’t supply problem

May 17, 2016

British home prices are higher than ever relative to incomes. But nosebleed values aren’t a sign of inadequate supply. It’s all about ultra-low interest rates and foreign capital flows. When Chinese capital flows reverse, the London property bubble will burst.

Brussels O2 veto cements BT’s home advantage

May 11, 2016

The EU’s anti-trust tsar has rejected CK Hutchison’s 10.3 billion pound takeover of O2, because it says it would raise mobile prices. That leaves several UK players figuring out next steps. In an industry moving towards packages of mobile, landline, broadband and TV, the winner is the beefed-up BT.

Brexit advocates: heed the tale of Herb Kelleher

May 6, 2016

The co-founder of U.S. budget airline Southwest took the glamour out of air travel. But the increased connectivity has had unexpected benefits - like more scientific breakthroughs, a new study shows. Those who seek a British exit from the EU may be giving up more than they know.

The Exchange podcast: ‘Europe is a cesspool of deflationary forces’

By Rob Cox
May 4, 2016

Yanis Varoufakis joins Rob Cox, global editor of Breakingviews, to talk about his new book, “And the Weak Suffer What They Must?”, the state of the EU, and the implications of a potential Brexit and Trump presidency.