Breakingviews Headlines

Breakingviews - Climate strikes give governments cover to act

The streets of Melbourne, Australia were packed on Friday. Perhaps 1.6 million people downed tools and textbooks in Germany, according to early estimates. All in, almost 5,000 strikes and marches in 139 countries had been planned to call for more action to combat global warming, the 16-year-old Swedish activist Greta Thunberg tweeted on Thursday.

Breakingviews - Cox: Imagine Carlos Ghosn as a human rights martyr

Sometimes the rule of law produces unlikely heroes. Take, for instance, the way pornographer Larry Flynt became a cause célèbre for freedom of speech in the United States. Or how a British court helped make Max Mosley, the son of a 1930s British fascist leader who was filmed in a sadomasochistic orgy, a poster child for privacy rights.

Breakingviews - Beijing’s monetary easing path is a conflicted one

The first cuts can be the shallowest. Beijing trimmed its newly reformed one-year benchmark lending rate to 4.2%. Policymakers want to boost slowing growth, but without fueling a property or credit bubble. The result is another half-step towards loosening that will disappoint those hoping for a quick stimulus.

Breakingviews - Airbnb may be everything WeWork isn’t

If there’s a company WeWork wishes it were, it could be Airbnb. The office-sharing firm’s initial public offering has been postponed because investors took a look at the underlying business, as well as the company’s governance, and decided they wanted none of it at anything like the company’s $47 billion private-market valuation – or indeed at half that, or less. Although Airbnb is another overgrown upstart in the space-sharing business, its initial public offe

Breakingviews - Viewsroom: Not your mother’s oil shock

Saudi Arabia is quickly repairing the damage drones inflicted on its oil industry. But the fallout has implications for everything from security to U.S. shale drillers to climate change-driven alternative energy. Plus: Why are AB InBev and ESR restarting Hong Kong listing plans?

Breakingviews - Weaker Aussie jobs clear fiscal spending path

Australia's labour market shows an economy in need of work. More people had jobs Down Under in August, mostly because of part-time positions. Overall unemployment ticked higher. It augurs additional monetary policy easing. Loosening government purse strings would be a better option.

Breakingviews - Vaping isn’t dead, just prematurely haggard

Juul Labs has discovered the fountain of premature aging. The e-cigarettes it sells were intended as a safer alternative to smoking, but now lawmakers are treating them like a menace. Growth markets, such as China and India, are receding from view and Juul’s $38 billion valuation from last year has probably gone up in smoke. However, all of this doesn’t mean that vaping is dead, or that e-cigarettes won’t be profitable.

Breakingviews - Pig crisis gives China a shot at transparency

A porcine calamity has left China’s statistics looking muddier than ever. African swine fever has driven pork prices up by roughly half over the past year, according to the National Bureau of Statistics. Inflation remains in check regardless, prompting some charges that Beijing’s number-crunchers might be massaging the data. Other factors make that unlikely, but Beijing’s credibility deficit means a little transparency would go a long way.

Breakingviews - WeWork value shrinks even further without an IPO

Adam Neumann is in a bind. The WeWork founder needs to raise at least $3 billion through an initial public offering to unlock another $6 billion of bank credit. But The We Company has shelved its float due to weak demand from investors. Without the cash, growth will dip, potentially pushing the office-sharing startup’s value even lower.

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After 'Howdy Modi,' Trump and India's PM could sign trade deal

The United States and India are racing to negotiate a limited trade deal that U.S. President Donald Trump and Indian Prime Minister Narendra Modi can sign at the United Nations General Assembly in New York at the end of September, people familiar with the talks said.