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| Request a Free Trial Search MenuSign In HomeRegionsColumnsFeaturesVideosPodcastsBooksCalculatorsUkraine/RussiaContact Us Sign InRequest a Free Trial HomeRegionsColumnsFeaturesVideosPodcastsBooksCalculatorsUkraine/RussiaContact Us PETROL STATION TYCOONS’ DEBT FIX HAS HIDDEN FLAW 30 May 2023 The Issa brothers are shifting UK filling stations to their Asda supermarket chain for $3 bln. The deal helps prop up their balance sheet and possibly expand elsewhere. But it leaves the grocer with extra costs and exposure to a sector at risk from the rise of electric vehicles. Russia writedown is Raiffeisen’s best option 30 May 2023 The Austrian bank may spin off its profitable Moscow-based unit. The new Vienna-listed lender could struggle to operate given sanctions, shrinking its depressed value further. Stomaching a 4.1 bln euro loss would force Raiffeisen to atone for years of mindless Russian expansion. ECB’s crisis tool works best if it’s never used Features | 30 May 2023 The European Central Bank is touting its powers to buy sovereign bonds if they come under attack from the market. That has kept traders in check, so far. The trick for Frankfurt officials is to convincingly threaten to deploy emergency measures without ever having to. Syngenta’s IPO is more relief than triumph 30 May 2023 The agritech giant’s $9 bln listing looks ripe. State players will handhold it to the bell and proceeds will help cut debt from its parent’s costly 2017 buy. Sadly, the poster child of China’s acquisitions abroad has few to inspire, and not many foreign investors are invited. Capital Calls: Toyota governance fight 30 May 2023 Concise views on global finance: Proxy advisories ISS and Glass Lewis are questioning the independence of some of the Japanese carmaker’s directors. But their differing approaches to that issue and climate lobbying will split the vote and hand the company an easy victory. Editor's Picks Debt ceiling debacle is ultimate winner’s curse Features | 23 May 2023 The US government is sailing perilously close to a moment when it cannot both service its debts and pay its dues. Political dysfunction could trip into market mayhem. Yet in monetary terms the US remains the only game in town. The debt showdown is the flip side of that privilege. It’s Netflix’s world, rivals just stream in it Features | 24 May 2023 Disney, Warner Bros Discovery and Paramount are shifting strategies to stem losses on their TV and film services. Spending to amass subscribers is no longer the priority. Programming remains expensive, however. As the industry reshapes, its $160 bln pioneer retains star quality. Debt ceiling crash will have few victims Podcasts | 25 May 2023 President Joe Biden is trying to hammer out a deal with Republican lawmakers to ensure the United States can keep its lights on. In this Viewsroom podcast, Breakingviews columnists explain how even if the world’s largest economy defaults on its debts the damage will be limited. India’s moment is obfuscated by its jobs deficit Podcasts | 30 May 2023 The country is establishing itself on the global investment map. In this Exchange podcast, author and ex-IMF director Ashoka Mody talks about why executives should look at India’s underemployment problem instead of focusing on its 7% GDP growth as they size-up the opportunity. Erdogan win sends stark note on economy and votes 29 May 2023 People in Turkey effectively opted to prolong the president’s wild policies that have led to 44% inflation. The extension of his 20-year rule tees up the country to inch further away from the West. For global leaders, it’s a warning that success in money matters only goes so far. Capital Calls: Saudi Arabia and the BRICs 29 May 2023 Concise views on global finance: The oil economy is in talks to become the ninth member of the Shanghai-based “BRICS bank”, another sign of Middle East money stepping up to fill gaps in Asia created by Western-led sanctions. How US allies can mitigate Trump 2.0 Columns | 29 May 2023 A return to the White House for the pro-Putin, protectionist and climate-sceptic former President would pose many challenges for other rich democracies. Their best insurance is to ramp up support for Ukraine, promote trade and speed up action on global warming, says Hugo Dixon. Pinduoduo’s “global” brand masks identity crisis 29 May 2023 The $95 bln group is trying to disassociate itself from China as overseas suspicion of Beijing’s influence over apps rises. As with TikTok, relocating corporate structures is unconvincing. True separation means costly overhauls to supply chains, data practices and more. Biden gives little, gets less in debt ceiling deal 28 May 2023 The White House reached an agreement with Republicans to raise the debt limit for two years. The deal will avoid a big knock on Biden’s reelection plans, but the victories end there. Spending caps and social-aid restrictions give Democrats little else to cheer. Help make Breakingviews better Take the reader survey Most Popular Erdogan win sends stark note on economy and votes Capital Calls: Saudi Arabia and the BRICs Pinduoduo's “global” brand masks identity crisis How US allies can mitigate Trump 2.0 Biden gives little, gets less in debt ceiling deal Economic stability hangs on US love of BBQ 26 May 2023 Glencore’s Bunge redux may yield Teck benefits 26 May 2023 AI speed benefits now apply to EU boycott U-turns 26 May 2023 Illumina shareholders vote for lose-lose outcome 25 May 2023 Central bankers face a balance sheet reckoning Columns | 26 May 2023 Capital Calls: Lufthansa/ITA 26 May 2023 Nvidia investors price in seven years of AI glory 25 May 2023 How risky bank debt makes customers safer Features | 25 May 2023 Telco tycoons’ UK bets look stuck underwater 25 May 2023 Macron’s neglect is France’s main fiscal problem 25 May 2023 Tesco’s diversity reboot has further to go 25 May 2023 Capital Calls: Russian cash, Chinese car feud 25 May 2023 China thesis lurches from one lazy extreme to next 25 May 2023 Citi slinks rather than marches out of Mexico 24 May 2023 Intuit investors bet on Uncle Sam’s inept tech 24 May 2023 Biden’s oil reserve plan is slippery slope 24 May 2023 -------------------------------------------------------------------------------- Eikon Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface Refinitiv Data Platform Everything you need to empower your workflow and enhance your enterprise data management World-Check Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks Westlaw Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology ONESOURCE The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs CHECKPOINT The industry leader for online information for tax, accounting and finance professionals -------------------------------------------------------------------------------- * Browse by Topic * About Us * Journalists * Jobs * Contact Us * Tips and Tricks * Mobile App * Privacy * Terms of Use © Reuters News & Media Ltd 2023. 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