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🎧 A summit in Munich offered a window into Europe’s anxieties over defence as transatlantic ties fray, battlefield tactics shift, and budgets ramp up.
In this week’s Viewsroom, columnists debate whether an 800 billion euro spending spree is up to the challenge.
Full episode 👉 reut.rs/40hdvjg
In this week’s Viewsroom, columnists debate whether an 800 billion euro spending spree is up to the challenge.
Full episode 👉 reut.rs/40hdvjg
February 19, 2026 at 12:43 PM
🎧 A summit in Munich offered a window into Europe’s anxieties over defence as transatlantic ties fray, battlefield tactics shift, and budgets ramp up.
In this week’s Viewsroom, columnists debate whether an 800 billion euro spending spree is up to the challenge.
Full episode 👉 reut.rs/40hdvjg
In this week’s Viewsroom, columnists debate whether an 800 billion euro spending spree is up to the challenge.
Full episode 👉 reut.rs/40hdvjg
Moscow’s war funding sows seeds of long-term slump www.breakingviews.com/columns/cons... @pierrebri.bsky.social
Moscow’s war funding sows seeds of long-term slump
Russia is trying to sell $35 bln of seized assets to plug its fiscal deficit as its budget is gasping for air. It can still finance the Ukraine war, but the state’s tighter control of a slowing econom...
www.breakingviews.com
February 19, 2026 at 12:24 PM
Moscow’s war funding sows seeds of long-term slump www.breakingviews.com/columns/cons... @pierrebri.bsky.social
Vaccine slump risks a downward financial spiral www.breakingviews.com/columns/big-...
Vaccine slump risks a downward financial spiral
Pharma groups like $113 bln Sanofi and Pfizer have spent years investing in immunisations. But scepticism from the US government, and citizens, means shrinking sales. The danger is that it reduces cor...
www.breakingviews.com
February 19, 2026 at 12:24 PM
Vaccine slump risks a downward financial spiral www.breakingviews.com/columns/big-...
Software CEO wallets can help ease AI overkill www.breakingviews.com/columns/cons... @ywchen.bsky.social
Software CEO wallets can help ease AI overkill
From SAP to Salesforce and ServiceNow, shares have fallen over 40% in an artificial intelligence-fuelled selloff. If executives believe the stock collapses are overdone, they can use their own cash to...
www.breakingviews.com
February 19, 2026 at 12:23 PM
Software CEO wallets can help ease AI overkill www.breakingviews.com/columns/cons... @ywchen.bsky.social
Fiserv activist rewind misses payments’ new tune - tinyurl.com/rnm5nart
Fiserv activist rewind misses payments’ new tune
Pushy investor Jana Partners wants the financial tech company to refocus on banks, seven years after merging with retailer-centric First Data. The deal was a dud, vaporizing over $30 bln in market val...
tinyurl.com
February 18, 2026 at 8:08 PM
Fiserv activist rewind misses payments’ new tune - tinyurl.com/rnm5nart
A $17 bln breakup tests Wall Street’s mantras - tinyurl.com/mrrfpneu
February 18, 2026 at 8:06 PM
A $17 bln breakup tests Wall Street’s mantras - tinyurl.com/mrrfpneu
Dan Loeb is useful presence in Spain M&A spat - www.breakingviews.com/columns/cons... @jen-johnson.bsky.social
Dan Loeb is useful presence in Spain M&A spat
The activist's fund has emerged at $11 bln defence group Indra, which is up some 200% in a year as Europe rearms. The pushy investor backs the purchase of EM&E, which Indra's chair co-owns. The confli...
www.breakingviews.com
February 18, 2026 at 1:25 PM
Dan Loeb is useful presence in Spain M&A spat - www.breakingviews.com/columns/cons... @jen-johnson.bsky.social
Early Lagarde exit is key to smooth ECB transition - www.breakingviews.com/columns/cons... @pierrebri.bsky.social
Early Lagarde exit is key to smooth ECB transition
The central bank’s boss may leave before the end of her eight-year term, the FT says. Depriving French President Emmanuel Macron’s successor of a say in picking Christine Lagarde’s replacement is risk...
www.breakingviews.com
February 18, 2026 at 1:24 PM
Early Lagarde exit is key to smooth ECB transition - www.breakingviews.com/columns/cons... @pierrebri.bsky.social
Hungarian vote is acid test for anti-EU coalition www.breakingviews.com/columns/big-... @pierrebri.bsky.social
Hungarian vote is acid test for anti-EU coalition
The central European country produces just 1.2% of the bloc’s GDP. However, an April election threatens Prime Minister Viktor Orbán’s 16-year rule as well as the influence of Vladimir Putin and Donald...
www.breakingviews.com
February 18, 2026 at 10:20 AM
Hungarian vote is acid test for anti-EU coalition www.breakingviews.com/columns/big-... @pierrebri.bsky.social
Danaher’s $10 bln M&A pivot demands faith - tinyurl.com/3u84jet2 @robcyran.bsky.social
Danaher’s $10 bln M&A pivot demands faith
A post-Covid slump challenged the serial acquirer’s playbook of buying profitable biological product makers. A Masimo deal changes focus to patient monitoring. The switch and the seller’s odd history ...
tinyurl.com
February 17, 2026 at 6:41 PM
Danaher’s $10 bln M&A pivot demands faith - tinyurl.com/3u84jet2 @robcyran.bsky.social
BHP boss makes gutsy case to have cake and eat it - www.breakingviews.com/columns/brea...
BHP boss makes gutsy case to have cake and eat it
Mike Henry reckons having diverse assets is key to the $190 bln miner's worth. Yet he also wants investors to hand it a higher, pure copper play-like valuation multiple. Good earnings and $4 bln of no...
www.breakingviews.com
February 17, 2026 at 12:49 PM
BHP boss makes gutsy case to have cake and eat it - www.breakingviews.com/columns/brea...
Shipping strains put Hapag on pricey M&A route - www.breakingviews.com/columns/brea... @ywchen.bsky.social
Shipping strains put Hapag on pricey M&A route
Hapag-Lloyd is paying $4.2 bln, implying a 58% premium, for Israel’s ZIM. It looks like a defensive bid for scale as freight rates fall. The strategic logic is clear, but the return on investment look...
www.breakingviews.com
February 17, 2026 at 12:48 PM
Shipping strains put Hapag on pricey M&A route - www.breakingviews.com/columns/brea... @ywchen.bsky.social
🎧 Big Tech is splurging around $700 billion on AI investments this year — while others are braced for disruption.
In this episode of The Big View, @petertl.bsky.social talked to Andrew Sheets, Morgan Stanley’s head of fixed income research, about what happens next.
Full episode 👉 reut.rs/4rUpeQM
In this episode of The Big View, @petertl.bsky.social talked to Andrew Sheets, Morgan Stanley’s head of fixed income research, about what happens next.
Full episode 👉 reut.rs/4rUpeQM
February 17, 2026 at 7:49 AM
🎧 Big Tech is splurging around $700 billion on AI investments this year — while others are braced for disruption.
In this episode of The Big View, @petertl.bsky.social talked to Andrew Sheets, Morgan Stanley’s head of fixed income research, about what happens next.
Full episode 👉 reut.rs/4rUpeQM
In this episode of The Big View, @petertl.bsky.social talked to Andrew Sheets, Morgan Stanley’s head of fixed income research, about what happens next.
Full episode 👉 reut.rs/4rUpeQM
India’s trading crackdown has further to go - www.breakingviews.com/columns/brea...
India’s trading crackdown has further to go
The regulator barred lenders from financing proprietary trades from outfits like Jane Street, triggering a 9% fall in broker shares. Coupled with higher taxes, it signals India is keen to rein in exce...
www.breakingviews.com
February 16, 2026 at 12:58 PM
India’s trading crackdown has further to go - www.breakingviews.com/columns/brea...
Europe has had a good week, geopolitically - www.breakingviews.com/columns/brea...
Europe has had a good week, geopolitically
European leaders pledged to derisk from the United States at the Munich Security Conference, while Britain wants to get closer to the EU. But words need to lead to bold actions. The continent should n...
www.breakingviews.com
February 16, 2026 at 12:10 PM
Europe has had a good week, geopolitically - www.breakingviews.com/columns/brea...
Europe’s rearming zeal has an antitrust blind spot www.breakingviews.com/columns/big-... @georgehay.bsky.social
Europe’s rearming zeal has an antitrust blind spot
The Munich Security Conference showed a bloc focused on weaning itself off US might. Yet a market full of national champions, like $88 bln Rheinmetall, may mean higher prices and lower output. A “buy ...
www.breakingviews.com
February 16, 2026 at 8:14 AM
Europe’s rearming zeal has an antitrust blind spot www.breakingviews.com/columns/big-... @georgehay.bsky.social
The Week in Breakingviews: Agents of destruction www.reuters.com/commentary/b... @petertl.bsky.social
Breakingviews - The Week in Breakingviews: Agents of destruction
Welcome back! And a special thank you to all the new subscribers who have signed up in the past few weeks. Please let us know how we’re doing and what else you would like to see. If this newsletter wa...
www.reuters.com
February 16, 2026 at 6:57 AM
The Week in Breakingviews: Agents of destruction www.reuters.com/commentary/b... @petertl.bsky.social
Reliance Jio may be its own worst IPO enemy - tinyurl.com/3mztcyz4
Reliance Jio may be its own worst IPO enemy
The telecom unit of Mukesh Ambani's Reliance is delivering strong profit after the tycoon's price wars created a duopoly. Now he aims to reduce AI inferencing costs to the lowest in the world. His end...
tinyurl.com
February 16, 2026 at 6:01 AM
Reliance Jio may be its own worst IPO enemy - tinyurl.com/3mztcyz4
Aussie super funds are M&A blessing and curse - tinyurl.com/tsp6yun9 - @antonycurrie.bsky.social
Breakingviews - Aussie super funds are M&A blessing and curse
A Macquarie unit is paying $8.3 bln for logistics firm Qube. UniSuper complicated matters by nearly tripling its stake to 15%. It's now joining the buyout, not stopping it as AusSuper did to Brookfiel...
tinyurl.com
February 16, 2026 at 6:01 AM
Aussie super funds are M&A blessing and curse - tinyurl.com/tsp6yun9 - @antonycurrie.bsky.social
Anthropic at $380 bln is a cheap AI nirvana - tinyurl.com/yc5d5txk
Anthropic at $380 bln is a cheap AI nirvana
Public markets fret that artificial intelligence both requires unsustainable spending and will replace all software. OpenAI’s top rival embodies the tension: its valuation is reasonable on a 2028 sale...
tinyurl.com
February 13, 2026 at 7:41 PM
Anthropic at $380 bln is a cheap AI nirvana - tinyurl.com/yc5d5txk
Goldman resets risk limits for Epstein trades - tinyurl.com/4sk982uu
Goldman resets risk limits for Epstein trades
After CEO David Solomon backed top lawyer Kathy Ruemmler, despite her links to the sex offender, she is now leaving. When a Wall Street firm renowned for assessing value sees more downside than reward...
tinyurl.com
February 13, 2026 at 7:40 PM
Goldman resets risk limits for Epstein trades - tinyurl.com/4sk982uu
L’Oréal China blemish may lead to messy breakout - www.breakingviews.com/columns/brea... @ywchen.bsky.social
L’Oréal China blemish may lead to messy breakout
Shares in the $240 bln beauty giant fell 7% after it missed sales expectations. Trouble in the People’s Republic may prompt CEO Nicolas Hieronimus to splurge more on local deals. But the broader Chine...
www.breakingviews.com
February 13, 2026 at 1:40 PM
L’Oréal China blemish may lead to messy breakout - www.breakingviews.com/columns/brea... @ywchen.bsky.social
World Cup offers Europe’s airlines brief lift - www.breakingviews.com/columns/cons... @olivertaslic.bsky.social
World Cup offers Europe’s airlines brief lift
Air France took a $220 mln hit as tourists shunned Paris during the 2024 Olympics. The North American soccer meet is a chance to even the score, alongside Lufthansa and IAG. But while extra demand on ...
www.breakingviews.com
February 13, 2026 at 11:00 AM
World Cup offers Europe’s airlines brief lift - www.breakingviews.com/columns/cons... @olivertaslic.bsky.social
Toyota gets a stinging buyout bloody nose - tinyurl.com/2czth8x9 - @hudsonlockett.bsky.social
Breakingviews - Toyota gets a stinging buyout bloody nose
Group insiders have extended the deadline for their lowball $37 bln bid for Toyota Industries after just a third of the stock was tendered. Now they’ll probably either boost the offer or walk away. Fa...
tinyurl.com
February 13, 2026 at 5:28 AM
Toyota gets a stinging buyout bloody nose - tinyurl.com/2czth8x9 - @hudsonlockett.bsky.social
Waldorf sale flags faster China repatriation push - tinyurl.com/3k3n2mew
Waldorf sale flags faster China repatriation push
Insurer Dajia will lose money selling the New York hotel after a $2 bln facelift. The 2014 buy heralded China's global M&A spree. Any disposal will mark an acceleration in the repatriation of state-fi...
tinyurl.com
February 13, 2026 at 5:25 AM
Waldorf sale flags faster China repatriation push - tinyurl.com/3k3n2mew