It was 20 years ago today Hugo Dixon taught the band to play. Finance has changed. The media business been turned upside down. Yet punchy, agenda-setting commentary has only become more relevant to professionals. We’ve gone global and expanded our coverage but kept our values.
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Breakingviews - Agenda-setting financial insight
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Cox: Happy anniversary to Breakingviews readers

It was 20 years ago today Hugo Dixon taught the band to play. Finance has changed. The media business been turned upside down. Yet punchy, agenda-setting commentary has only become more relevant to professionals. We’ve gone global and expanded our coverage but kept our values.

Chip champ jumps into Shanghai-Hong Kong value gap

Dual-listed SMIC's mainland shares debuted at four times the price of its Hong Kong equivalent. Other peers trade at similarly ridiculous premiums. Mainland traders still struggle with valuing companies, while Beijing’s incomplete reforms keep the markets out of sync.

EU has fairness vs. speed dilemma on pandemic cash

Brussels wants to use backwards-facing metrics like past jobless rates to assign 310 bln euros of Covid-19 grants. Basing handouts on EU states’ actual hits to GDP would be fairer, and may win richer countries’ support. For needier peers, that risks slowing down the recovery.

Corona Capital: Newspapers, 747s

Concise views on the pandemic’s corporate and financial fallout: Congress may dangle newspapers a lifeline; British Airways brings its fleet of jumbo jets in for a final landing.

Invite: Newsmaker with Airbnb’s CEO, Co-Founder

Please join Reuters Breakingviews on July 22 at 4 p.m. ET for a live discussion with Brian Chesky on how the coronavirus pandemic has changed the hospitality and travel industries, and what that means for the future of the home-sharing unicorn.

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