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Breakingviews - Arsenal manager's weak second half instructs CEOs

Arsène Wenger’s career is instructive in many ways. The studious Frenchman helped revolutionise British soccer following his arrival as Arsenal manager in 1996. His focus on nutrition, precise training and mental discipline produced a golden age of victories for the North London club. As Wenger hangs up his boots after 22 years in charge, however, the main takeaway for corporate leaders is this: don’t hang around too long.

Breakingviews - Review: How to deprogram economic xenophobia

Renowned social scientist Robert Putnam was so horrified by his research results that he almost binned them. His vast, meticulous survey, which ended in 2000, found that Americans living in ethnically diverse communities became less trustful than their peers in homogenous neighbourhoods. They not only became sceptical of people from other races, but of their own ethnic group too. Placed in proximity with those from different backgrounds, humans did not become

Breakingviews - Japan would take turn for worse without Abe

Japan would take a turn for the worse without its chief reformer. Scandals have badly hurt Shinzo Abe; public support for the prime minister since 2012 has fallen to a record low. It looks increasingly likely that he could be forced out of his position. That would weaken an ambitious overhaul of the world's third largest economy. 

Breakingviews - Viewsroom: Fintech’s growing pains

Upstarts like LendingClub and SoFi need to find ways to keep customers returning – just as traditional banks are fighting back and Goldman Sachs’ digital push into consumer lending takes off. Also: how Malaysia’s prime minister may be re-elected despite the 1MDB scandal.

Breakingviews - P&G drug deal needs vitamin shot to persuade Peltz

Buying stuff is not the standard prescription for companies under pressure from activist investors. Procter & Gamble’s 3.4 billion euro splurge on Merck KGaA’s consumer unit, the maker of Seven Seas vitamin pills, will need a booster shot to earn the support of newly appointed board member Nelson Peltz.

Breakingviews - Wynn tosses female directors into boardroom brawl

Wynn Resorts is tossing three women into an escalating boardroom brawl, adding Betsy Atkins, Dee Dee Myers and Wendy Webb as independent directors. The $21 billion casino giant is trying to move beyond a sex scandal involving founder Steve Wynn. But his ex-wife Elaine Wynn wants a full overhaul. With a battle brewing, the new additions had best come ready to rumble.

Breakingviews - Cuba rings changes while trying to stay the same

Raul Castro's scheduled handover of Cuba's presidency this week is an effort to prolong the communist revolution he built with his late brother Fidel. Trying to modernize the creaking, incompetent bureaucracy could also destroy their lives' work. Yet with ally Venezuela getting less able to provide cheap oil, economic reform can't wait long.

Breakingviews - Hadas: Knowledge is better shared than patented

China may yet become a world leader in patent protection. That would be the natural result of becoming a world leader in many technologies. But Beijing’s approach to intellectual property may become part of a larger change in the world’s approach to the control of knowledge.

Breakingviews - Morgan Stanley hands investors volatility challenge

Morgan Stanley is lumping its shareholders with a volatility challenge. In the first quarter the $94 billion Wall Street firm defended key turf against a surge from rivals and more than doubled fixed-income trading revenue from the last three months of 2017. That – and tax cuts – helped generate its best results in years, handily beating Chief Executive James Gorman’s admittedly underwhelming targets. The dilemma for investors is whether that merits a higher va

Breakingviews - China/Russia oil hug can dodge Huarong curveball

China’s game of pass-the-parcel with Rosneft just took a fresh twist. The investigation of state asset manager Huarong’s chairman on graft allegations marks the second time in as many months that an entity interested in acquiring a stake in the Russian oil company has fallen foul of Beijing’s anti-corruption drive. But it’s less problematic for diplomatic relations than it looks.

About Breakingviews

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.