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  • Breakingviews TV: Luxury spend
    on May 22, 2020 at 1:48 pm

    European stores are reopening, and more bling is being sold in mainland China, Burberry and peers say. But purchases by tourists won’t rebound at once and rising inventory suggests the current season is partly lost. Lisa Jucca explains why luxury will fly only when travellers do.

  • Breakingviews TV: Winging it
    on May 21, 2020 at 6:51 pm

    American Airlines’ market value has plunged to $4 bln, but even that could be too much. Like other carriers, it has grounded planes and taken government funding, but American already came into the crisis with too much debt. Its equity could well be worthless, John Foley argues.

  • Breakingviews TV: Sony reboot
    on May 20, 2020 at 10:47 am

    The Japanese giant is spending $3.7 billion taking a financial subsidiary private, and creating a holding company to oversee its sprawl. Robyn Mak explains how Sony is embracing its conglomerate status - and thumbing its nose at Dan Loeb of Third Point.

  • Breakingviews TV: Dueling Dimon
    on May 19, 2020 at 6:50 pm

    JPMorgan’s boss took a few hits at the bank’s annual meeting, a sign shareholders are getting more antsy, explains Antony Currie. A large minority wants the lender to have an independent chairman, while around half are pushing for better information on its climate risks.