Cyril Ramaphosa is virtually assured a second term when South Africans go to the polls on Wednesday. The size of his victory matters, though. Too big a win and he may be less likely to push through reforms that have so far proved elusive, Ed Cropley ex…
Warren Buffett defended capitalism with his usual folksiness at Berkshire Hathaway’s annual meeting. But focusing on returns over wider issues like climate change is increasingly out of tune with younger investors and leaders like BlackRock boss Larry …
Japan is poised to open for business for the first time under the Reiwa era after Emperor Akihito’s abdication closed the Heisei era. Pete Sweeney and Jeffrey Goldfarb discuss currency markets and shopping habits during an extended 10-day break for the…
Elon Musk’s electric-car maker is raising $2 billion in shares and convertibles, after long denying more cash was needed. Tesla could have done this more cheaply last year, but it’s still better late than never, says Antony Currie, provided the amount …
Apple shares jumped on Tuesday despite a fresh profit decline while Alphabet’s plunged after posting double-digit revenue growth. Jen Saba explains that the Google parent faces higher expectations as a young company while the iPhone maker’s cash keeps …
Warren Buffett’s Berkshire Hathaway may put up $10 billion to finance Occidental’s $38 billion U.S. shale-drilling bid for Anadarko. For Occidental’s shareholders, though, taking money from the canny Buffett is a mixed blessing, as John Foley explains….
Disney’s “Avengers: Endgame” smashed box-office records with a $1.2 bln opening weekend. Jen Saba says the result promises to deepen Hollywood’s divide into rival universes: a cinema market dominated by superhero flics and streaming video for other mov…
China is revising its flagship overseas infrastructure spending plan after criticism. Christopher Beddor explains to Pete Sweeney what the next version of the Belt and Road initiative will look like.
NEW YORK, NEW YORK, USA – Luis de Guindos, vice-president of the European Central Bank since June 2018, sits down with Rob Cox, global editor of Reuters Breakingviews in New York, to discuss the upcoming European Parliament election, Brexit, and the ou…
Falling sales and a big first-quarter loss add to the electric-car maker’s hazards. Demand may be falling just as Elon Musk sets lofty new production targets. No wonder, says Antony Currie, that the boss may be changing his tune on raising capital.