Aimee Donnellan

A ​decade on, the German ⁠pharma giant is ​worth less than ​the $62 bln it paid for Roundup's maker. ​Known legal risks ​negated any promised benefits. ‌The ⁠deal created value in one way: it flagged the ​power ​of ⁠disaster modeling and liability ​insurance to avoid ​similar ⁠pitfalls.

As once-vocal inflation hawk Kevin Warsh prepares for his first meeting as the central bank’s chair, prices are now rising at a sharp 4% rate. In this week’s Viewsroom, Breakingviews columnists debate how he can square the obvious remedy with President Trump’s rate-cut demands.

In 2025 the region grew 2.1%, far outpacing the UK and EU. Northern ​Ireland’s post-Brexit position within both economic ​blocs should make it highly attractive ⁠to global firms. Yet recent ​anti-immigrant unrest threatens the foreign capital ​that would cement this advantage.

German Chancellor Friedrich Merz and his counterparts are reluctantly contemplating action to address a yawning €360 bln deficit with the People’s Republic. In this week’s Viewsroom, Breakingviews columnists debate whether the continent can actually form a united front.

China wants tighter controls on cross-border flows, which could make it harder for Hong Kong to sustain its new position as the world’s top offshore centre. In this Viewsroom podcast, Breakingviews columnists debate what this means for HSBC, AIA and China’s economy.

The ​ride hailing to takeaway group agreed to buy ‌Germany’s Delivery Hero for $15 bln. Ample synergies justify the splurge, along with the need for scale following deals by ​DoorDash and Prosus. But with the sector's big ​prizes gone, its rivals must hunt trickier regional ⁠scraps.

Unilever is ‌splitting itself apart and Kraft Heinz considered it. Analysts have asked the obvious ​question of the $274 bln KitKat-to-kibble ​conglomerate. Yet Nestlé’s high multiple, and ⁠thin dividend cover, are good reasons ​for CEO Philipp Navratil to keep ​the Swiss group intact.

CD&R ​bought Morrisons for a $13 ⁠bln enterprise ​value almost five ​years ago, making it time to think about ​an exit. ​Floating the debt-laden, low-growth ‌supermarket ⁠is a nonstarter. Selling to a bigger rival, ​perhaps aided ​by ⁠laxer competition watchdogs, may ​be the ​only ⁠option.

The €37 bln carmaker said sales may ‌fall up to 3% amid a slump in China. That may help win union backing for 100,000 ​job cuts. But even if Volkswagen can ​push through these changes, its hopes of ⁠boosting profitability will struggle as Chinese players ​step up their assault.

The Chinese-founded fast-fashion retailer has released financial details ahead of its long-awaited Hong Kong float. In this Viewsroom podcast, Breakingviews columnists explain how a pushback against its business model in the West may have collapsed the valuation to just $10 bln.