Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
MUMBAI (Reuters Breakingviews) - Mukesh Ambani is playing a new tune. India's richest man, through his flagship conglomerate Reliance Industries, is merging two music-streaming services into one worth $1 billion. Reliance is following a well-trodden path of telecom operators dabbling in music, movies and other entertainment to attract subscribers. As his oil-to-retail giant starts to throw off cash, the tycoon could take his content ambitions to another level.
MUMBAI (Reuters Breakingviews) - An era of reckless lending is proving hard to shake off. On Friday, State Bank of India, the country’s largest lender, reported an unexpected dip into the red. It’s a poor start to the tenure of new Chairman Rajnish Kumar, but at least he has a good idea of where the bank is headed.
DAVOS, Switzerland (Reuters Breakingviews) - Donald Trump surprised Davos. After a week of anticipation and a parade of world leaders at the World Economic Forum, the U.S. president laid out in unexpectedly statesmanlike fashion the most succinct and persuasive version yet of his "America First" ideas. Though the substance was familiar – that America is no longer keen to underwrite an economic order without reciprocity from other countries – its sober and inclusive tone was new.
DAVOS, Switzerland (Reuters Breakingviews) - Davos is having its #MeToo moment. For the first time, the annual World Economic Forum summit in the mountain Swiss ski resort is being chaired entirely by women. Gender is a theme of high-level panel discussions and cocktail parties, like one hosted by JPMorgan that encourages invitees to bring along a member of the fairer sex or a male advocate for women. It’s a conscious attempt to redress the low female attendance at the gathering of rich and powerful, but the gesture is about as far as it can go. | Video
［ムンバイ １０日 ロイター BREAKINGVIEWS］ - トランプ米大統領が、世界最高峰のパーティーに押しかけようとしている。ホワイトハウスは９日、スイスのダボスで２３─２６日に開催される世界経済フォーラム（ダボス会議）に大統領が参加すると表明した。
MUMBAI (Reuters Breakingviews) - Mukesh Ambani looks set to preside over India’s first $100 billion-plus company. The tycoon’s Reliance Industries is likely to attain a twelve-digit market capitalisation in 2018. His refineries may be at the mercy of oil prices but Ambani’s bid to dominate Indians’ digital lives could earn his unconventional empire a more Silicon Valley-style valuation. A mooted 2019 listing of his upstart telecom operator, Jio, will add to the upward momentum.
MUMBAI (Reuters Breakingviews) - Microfinance in India is starting a new conventional life. IndusInd, a large private sector bank, has agreed to buy Bharat Financial Inclusion – the country’s poster child of niche lending – in an all-share deal for $2.4 billion. That works out as a premium of 11.4 percent over the last trading price, or more if calculating from earlier in the year, when deal rumours started circulating. Either way, the terms look fair given concerns over the sustainability of independent pure-play lenders to the poor.
MUMBAI (Reuters Breakingviews) - Arundhati Bhattacharya broke the mould for India’s banks. Bad debts rose and the share price underperformed during her four years running the country’s largest lender. But State Bank of India’s straight-talking, 61-year-old chairwoman ensured it was the best of an ailing bunch of public-sector lenders and was unafraid to face up to errant tycoons.
MUMBAI (Reuters Breakingviews) - Narendra Modi is walking a tightrope with his fight against “black money”. India's prime minister has unleashed a wave of bold, and sometimes brazen, initiatives to root out income that has been illegally obtained or not declared to the taxman. But that has chilled the economy. Managing the short-term fallout is key to smoothing the path to his re-election.
NEW DELHI India could sell stakes in state-owned companies to fund a bank recapitalisation and revive growth without straying from the path of fiscal consolidation, the former head of the Reserve Bank of India (RBI) said on Thursday.