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Recent news feed from News Agencies

  • Breakingviews TV: Not WeWorking

    The We Company is delaying its initial public offering, as its likely valuation has declined from $47 billion to $10 billion, per news reports. Without growth, the WeWork business might be worth even less, Liam Proud says. But WeWork without an IPO may not last long, either. […]

  • Breakingviews TV: Out of Africa

    Naspers is Africa’s biggest company thanks to a 2001 bet on China’s Tencent. But its elephantine size on the Johannesburg exchange meant a chunky value discount. Listing its Tencent stake in Europe has helped; scrapping golden shares would close the gap further, says Ed Cropley. […]

  • Breakingviews TV: Jack Ma exit

    The iconic co-founder of China's e-commerce titan, Alibaba, has stepped down and handed the reins to his successor. Pete Sweeney and Robyn Mak talk about what this means for the company, and what challenges await its next generation of leaders as growth slows. […]

  • Breakingviews TV: M&A exchange

    Hong Kong’s stock exchange wants to merge with its British peer, which is itself pursuing a $27 billion deal with data provider Refinitiv. As Peter Thal Larsen explains, the last-ditch attempt to snag London’s perennial takeover target seems unlikely to succeed. […]

  • Breakingviews TV: Apple on air

    The iPhone maker’s annual product launch included a $5 TV offering that undercuts pricier Netflix and Disney. It won’t make much impact on a near-$1 trillion company that mostly makes its money from selling phones – but it sets an intriguing precedent, Robert Cyran explains. […]

  • Breakingviews TV: Ford clunker

    The automaker’s bonds fell after Moody’s cut its credit rating to junk. Weak profitability is old news, though, says Antony Currie, and Ford still has net cash. But heavy capital spending needs could force it to reduce the dividend, which may explain the stock’s drop. […]

  • Breakingviews TV: Italy update

    Italy’s corporate and political establishment gathered for the annual Ambrosetti conference as legislators prepared to confirm a new odd-couple government in Rome this week. Rob Cox and Lisa Jucca beam in from the sunny shores of Lake Como. […]

  • Breakingviews TV: Hong Kong hit

    The city's leader Carrie Lam is formally withdrawing a controversial extradition bill which set off months of anti-government protests. Pete Sweeney and Robyn Mak talk about what this latest concession means, as well as the economic impact of the unrest on Hong Kong. […]

  • Breakingviews TV: We overdid it

    WeWork has reason to slash its IPO valuation, given the shared-office outfit’s lofty last funding round. But as Robert Cyran explains, the move would tarnish management’s credibility without addressing business model concerns, suggesting the company should remain private. […]

  • Breakingviews TV: Drug money

    Pharma companies that contributed to America’s opioid crisis could end up paying $100 billion in settlements – but it may not be well spent. Robert Cyran eyes the mistakes made over tobacco payments in the 1990s, and suggests a better way to generate financial and social returns. […]

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