Ferrari’s SUV clears road to bold sales target

The Ferrari logo is seen at the company’s headquarters in Maranello, Italy, June 8, 2021. Picture taken June 8, 2021. REUTERS/Guglielmo Mangiapane/File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, Sept 14 (Reuters Breakingviews) – Ferrari’s (RACE.MI) long-awaited Purosangue SUV will propel the Italian sports carmaker towards its bold revenue target read … Read more

European bank largesse belies economic crunch

The logo of Swiss bank UBS is seen at a branch office in Basel, Switzerland March 29, 2017. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 13 (Reuters Breakingviews) – Europe’s banks are funnelling cash to shareholders as the region speeds towards recession. Switzerland’s UBS (UBSG.S) on Tuesday hiked … Read more

China applies thin bandage to real estate market

HONG KONG, Aug 17 (Reuters Breakingviews) – Beijing is trying to limit collateral damage to some of its better-behaved private property developers. As home prices slide, the government plans to guarantee new domestic fixed-income issues by half a dozen homebuilders, including Longfor (0960.HK) and Country Garden (2007.HK), Reuters reported citing sources. It will also lobby … Read more

Maersk’s cash machine is economic storm warning

The cargo ship “Maersk Bratan” of Danish shipping company Maersk is loaded at a container terminal at the harbor in Hamburg, Germany, June 24, 2022. REUTERS/Fabian Bimmer Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 2 (Reuters Breakingviews) – Shipping giants are sending out an unlikely warning signal about the global economy. … Read more

Big Tech in finance? There’s a regulator for that

The logo for Amazon Web Services (AWS) is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 1 (Reuters Breakingviews) – Technology companies have stormed the heights of consumer finance, but they don’t face the regulation … Read more

China raises hope for emerging market debt

Zambia’s President Hakainde Hichilema addresses the 76th Session of the United Nations General Assembly at UN headquarters in New York, US on September 21, 2021. Spencer Platt/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register MUMBAI, Aug 1 (Reuters Breakingviews) – China’s commitment to restructure the $6 billion it is owed by … Read more

Review: Lex Greensill epitomized post-2008 finance

The logo of Greensill Bank is pictured in downtown Bremen, Germany, March 10, 2021. REUTERS/Fabian Bimmer Register now for FREE unlimited access to Reuters.com Register LONDON, July 22 (Reuters Breakingviews) – About a decade ago Daniel Tarullo gave a speech warning of the dangers posed by shadow banking. The law professor and Federal Reserve governor … Read more

UBS wealth chief gets audition for top job

Iqbal Khan, CEO International Wealth Management of Swiss bank Credit Suisse, smiles as he speaks during “The Wealth Management Industry – Into the next decade” at the Reuters Global Wealth Management Summit, Park Hyatt hotel, Zurich Switzerland, June 13, 2016. REUTERS /Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register MILAN, July 13 … Read more