Jeffrey oversees Asia for Reuters Breakingviews from Hong Kong. He previously spent seven years in New York, most recently as U.S. Editor. Before becoming a columnist in 2007 and helping spearhead European commentary of the financial crisis for Breakingviews, Jeffrey wrote about banking, M&A, international trade, healthcare and tech for Reuters and BNA in New York, Phoenix and Washington, D.C. From London, he led the European corporate finance team for Reuters and coverage of the continent's media sector. He has a master's in journalism from Columbia University and a bachelor's in finance from the George Washington University.
Boss Rupert Hogg and a top deputy resigned abruptly after the $5 bln airline scrambled to quell a mainland backlash related to Hong Kong protests. State carrier Air China owns a smaller stake than Swire, but Beijing’s sway looks bigger. The timing couldn’t be worse for Cathay.
Shareholders of the $4 bln company reinstated the former CEO months after he left, and voted for directors he supported. Yet management-backed nominees won seats too. It's a corporate governance win that leaves a large and possibly contentious board to guide Lixil back to profit.
Reuters’ 30th anniversary coverage of Tiananmen was blocked by Blackstone-backed partner Refinitiv in China amid pressure from Beijing. The $20 bln data provider’s priorities deviate from those of the news publisher. It’s a prime example of how partnerships can be strained.