Kraft Heinz may have to pass hat to buy Unilever


NEW YORK (Reuters Breakingviews) - The world's wiliest takeover artists have found their biggest target yet. Kraft Heinz, the Kool-Aid-to-Velveeta conglomerate, has offered $143 billion for Unilever, its Anglo-Dutch rival. Even for 3G Capital, the private investment firm behind Kraft Heinz, beer giant Anheuser-Busch InBev and Burger King owner Restaurant Brands International, it's an audacious move. To land Unilever, which rejected the offer, Kraft Heinz may need to pass the hat around to shareh


UK government wakes up to downside of gig economy

LONDON (Reuters Breakingviews) - A growing gig economy and tax system that rewards self-employment could hit the UK government's coffers. Jobs created by the likes of Uber flatter Britain's unemployment rate, and have helped to smooth out the worst effects of the financial crisis. But the less palatable implications of a surging gig economy are now dawning on Westminster: a potential 3.5 billion pound gap in tax receipts by 2022.


Heir's arrest keeps Samsung off-balance

HONG KONG (Reuters Breakingviews) - There's only so much even the most powerful executive can accomplish from behind bars. Samsung Group's founding family heir Jay Y. Lee has been thrown into jail in an unprecedented corruption case. This kind of scandal could cost company bosses their jobs in other countries, but in South Korea, Lee's position is probably not at risk. Nevertheless his physical absence will leave Samsung without anyone steering the wheel. The uncertainty threatens to hobble big


Viewsroom: Trump's management failures

NEW YORK (Reuters Breakingviews) - The president's vacillating over firing national security adviser Michael Flynn is the kind of mistake that gets corporate chiefs fired. Toshiba deals its way to a $6.3 bln loss. California's water woes are a national wake-up call. And Wall Street parties like its 2007.


Cox: Swamp is another name for checks and balances

NEW YORK (Reuters Breakingviews) - After exhortations to build a wall and lock up Hillary Clinton, the most popular rallying cry during Donald Trump's campaign for the U.S. presidency was "drain the swamp." The phrase, which first surfaced as an anti-capitalist slogan a century ago, refers to the practice of drying up wetlands to stop mosquitoes from breeding. Since taking office less than a month ago it has become evident that Trump had a different definition in mind.


Nelson Peltz picks good time to scrub P&G

NEW YORK (Reuters Breakingviews) - For Nelson Peltz and his big investment in Procter & Gamble, the timing could be as important as the strategy. The pushy investor's Trian disclosed a $3.5 billion position in the Tide-to-Crest conglomerate on Tuesday, but not any proposals. Whatever he has in mind, consumer stocks like P&G are well positioned for a tougher economic environment.


Nestle tweaks its recipe, gingerly

LONDON (Reuters Breakingviews) - Nestle's new boss is tweaking the Swiss consumer goods group's recipe, but the taste so far remains the same. Ulf Mark Schneider used his first outing as chief executive on Thursday to back away from a long-held goal of growing sales 5 to 6 percent. That's hardly daring: Nestle has fallen short four years running. Schneider has scope to shake things up much more - if he has a free hand.


Hiding China's ugly data will aggravate correction

HONG KONG (Reuters Breakingviews) - Another day, another credible Chinese economic indicator goes dark. Two independent indexes of red-hot property prices have quietly ceased publication recently. The country is growing more opaque both literally and figuratively, as smog intensifies and data blurs. Economists have been ordered to stay positive.


Yahoo paying small price for big hacks

NEW YORK (Reuters Breakingviews) - Yahoo Chief Executive Marissa Mayer may soon be breathing a sigh of relief. The $40 billion internet company is on the verge of cutting the price of its core-business sale to Verizon Communications by $250 million to $350 million, less than a 10 percent discount to what was originally agreed, according to media reports. That would be a small price to pay for massive hacks that affected over 1 billion users' account data.


Peugeot-Opel deal steals a march on Marchionne

LONDON (Reuters Breakingviews) - Fiat Chrysler boss Sergio Marchionne has for years advocated consolidation in the car industry. A tie-up between Peugeot and Opel would prove his point but hurt his company.

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Reuters Breakingviews is the world's leading source of agenda-setting financial insight. The company was founded in 1999 as Breakingviews.com and was acquired by Thomson Reuters in 2009, becoming the Reuters brand for financial commentary. Every day, we comment on the big financial stories as they break. Our expert analysis is provided by a global team of correspondents based in New York, Washington, Chicago, London, Paris, Madrid, Hong Kong, Beijing and Singapore. For the full commentary and analysis service from breakingviews.com, including regular emails containing the latest views, contact breakingviews.clientsupport@thomsonreuters.com. All opinions expressed are those of the authors.

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