Category: Breaking News

Breakingviews TV: Vier zwanzig

Aug 22 – Volkswagen scotched a report that it’s considering a stake in Elon Musk’s electric-car maker. That’s a shame, Liam Proud argues. If Tesla could get comfortable with the German automaker’s environmental gaffes, and VW had cash to spare, the pairing might have something to offer. Source link

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Breakingviews TV: Trading prop

Aug 21 – U.S. watchdogs are easing the post-crisis rules restricting the bets Wall Street and Main Street banks can make with their own money. John Foley explains that other regulations should help prevent big punts – with dire consequences for banks and overseers if they don’t. Source link

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Breakingviews TV: Flea money

Aug 20 – Bayer’s sale of its animal health business to Elanco for up to $7.6 bln leaves the German firm free to scratch bigger itches. Its shares have plunged since it bought Monsanto for $63 bln last year amid a flurry of lawsuits. Ed Cropley explains what’s next in Bayer’s delousing. Source link

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Breakingviews TV: Bank books

Aug 19 – The majority of big U.S. banks trade below book value, suggesting investor concern about the future. But after a decade of economic recovery, new capital rules and low interest rates, the meaning is as uncertain as other possible recession indicators. Antony Currie explains. Source link

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Breakingviews TV: Kicking GE

The troubled conglomerate is facing claims it’s hiding $38 bln in potential losses. Tom Buerkle outlines the accusations leveled by Harry Markopolos, famous for trying to call out Bernie Madoff’s Ponzi scheme – and why GE’s past makes it an easy target for such allegations. Source link

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