Art Fairs in Miami’s Sunshine
The traditional procession of December fairs in Miami is back, apart from the satellite fairs Aqua Art Miami and Volta, postponed to 2022 in response to post-epidemic recovery.
U.S.
Eli Broad, Los Angeles Loses One of its Most Important Patrons and Art Collectors
Born in the Bronx on June 6, 1933 to Jewish immigrant parents from Lithuania, Eli Broad, co-founder of the Museum of Contemporary Art (MOCA), died on Friday, April 30
Dismantling the Museum: Dan Hicks on the Benin Bronzes and Cultural Restitution
In his recent book The Brutish Museums, Dan Hicks calls for the radical rethinking of Western museums. He uses the case of the Benin Bronzes to call for the return of stolen objects as part of addressing the outstanding debt of colonialism.
Strike MoMA Begins Dismantling One of NYC’s Flagship Museums
A coalition of New York City community activists, museum workers and artists has called for a ten-week strike against the Museum of Modern Art as a transitional period in which to dismiss its plutocratic board and reimagine the entire institution.
Van Gogh: An Auction Rollercoaster
The auction of this view of Montmartre was beset by a series of human and technological errors.
Wols Between Myth and Reality
A fascinating figure of the post-war Parisian art scene, Wols was a genuine myth in the 1950s-1960s. Nicknamed the “French Pollock”, he was mostly praised for his abstract oil paintings.
Vaccine Hopes Reflect On Stock Index
Holiday weekend could also result in increased market volatility.
Kuwait names Crown Prince Sheikh Nawaf al-Ahmad al-Sabah as its new emir
Diplomats and analysts expect Sheikh Nawaf al-Ahmad al-Sabah to maintain Kuwait’s investment, oil and foreign policies and focus on domestic matters including boosting its finances which have taken a hit because of the coronavirus.
Germany increases scrutiny on telecom network vendors, aims to keeps Huawei out
While Britain has banned Huawei, France is likelly to informally exclude it, and Germany aims to effectively strangle it in red tape.
Rupert Stadler, former Audi CEO, arrives in German court to face dieselgate charges
Prosecutors have charged Stadler with fraud, false certification and criminal advertising practices; Stadler has pleaded not guilty to the charges.
Turkey likely to buy another batch of S-400 missile system from Russia: Ifax
The potential deal will compound issues in U.S.-Turkey relations and add to geopolitcal tensions.
Not Playing ‘By The Same Rules’ Could Be Costly For Chinese Firms Listed In The U.S.
U.S. listed Chinese companies’ non-compliance to U.S. accounting and disclosure standards poses significant risk to investors.
Southwest Airlines well positioned for post-coronavirus low-airfare scenario: CEO
Southwest Airlines Co’s CEO sees the company’s “low-cost philosophy, strategy and structure” serving them “very well”.
No Action On Titanium Sponge Imports In The U.S.
U.S. govt to open talks with Japan on access to titanium sponge for emergencies.
RBC To Open Consumer Bank In U.S. Focusing On Wealthy Clients
RBC looks to expand its services and products in the U.S.
China launches anti-dumping investigation into U.S. propanol
Propanol is typically used as a printing ink solvent for food packaging and to make antibiotics.
Huawei’s research arm Futurewei Technologies slashes U.S. workforce
More than 600 people have been layed off by Futurewei.
Germany Plans On Cyber Security Research To End Reliance On U.S. Tech
Germany eyes the spot among cyber security leaders and strives to carve an independent space for itself.
Business Lobbies in Turkey Reveal Stricter Policies Aimed At Lira Stabilisation
Disputes will be solved diplomatically, informs the TUSIAD & TOBB Union of Chambers and Commodity Exchanges.
VW Has ‘Not Done Enough’ To Improve On Emission Scandal
EU authorities pressurises VW to guarantee its cars performance post the Dieselgate scandal besides improving “consumer information”.
U.S. District Judge Analisa Torres allows gender-bias lawsuit to proceed against Goldman Sachs Group Inc
The ruling sees the eight year old case, which got delayed over a dispute as to what kind of relief the former employees could obtain, snowball into a class-action lawsuit.
Sequoia Capital plans on raising $8 billion from China
The huge amounts of funds being sunk into the tech sector have necessitated for bigger war chest.
South Korea and the U.S. present a united front against the North Korean leadership
Despite their difference in approach towards emerging threats from North Korea, both leaders have opted to present a united front. The visit is likely to be closely scrutinised by China, North Korea’s only ally.
U.S. trade panel to vote on domestic price of U.S. solar panels
Interestingly, the U.S. petitioner’s filing of Chapter 11 bankruptcy under the rarely used section 201, is being opposed by the U.S. industry’s primary trade organization – the Solar Energy Industries Association.
U.S. SEC to form committee to look into reforming the bond market
The Fixed Income Market Structure Advisory Committee (FIMSAC) is likely to look into issues, including minimizing complexities of the municipal bond market and pre-trade transparency.
Britain puts its weight behind Europe in the battle between Boeing and Bombardier
For the British government Bombardier’s survival as a planemaker is critical since it brings about a sense of stability, prosperity and job security to its citizens in East Belfast where Bombardier has a unit employing more than 4,000 people. The U.S trade action will mean that the cost of its Cseries aircrafts will be thrice as expensive as Boeing’s offerings of the same seat capacity.
Deutsche Telekom unveils next gen 5G mobile antennas in Europe
5G technology will first be rolled out in Japan and South Korea in 2018, followed quickly by the U.S. In 2020 5G technology will be launched in Europe.
Qualcomm offers concession to ease concerns raised by the European Commission on its acquisition of NXP semiconductors
The European Commission’s concerns stem from apprehensions that the U.S. chipmaker could use incentives as a ploy to squeeze out rivals and raise prices as well as Qualcomm bringing about changes in NXP’s intellectual property licensing model.
The Western Digital’s C.E.O To Close The Toshiba ‘Memory Chip’ Unit Acquisition Deal In Japan
The announcement of Toshiba’s memory chip unit’s sale could be out by the end of this month.
AT&T Thinks Of Selling Its ‘Digital Life’ Unit Of Home Security Under ‘Debt Load’
Waning revenue and the pressure of paying debt sets AT&T on the road to divestiture.
Blackstone & PIF of Saudi Arabia In An Infrastructure Investment Plan Of ‘$40 Billion’
New investment plan to “create well-paying American jobs” besides laying out “stronger long-term economic growth”.
London Operations Of Goldman Hedge Fund To Shift To The U.S. Along With The Staff Team
Sources inform that the move of Goldman from London has nothing to do with Brexit, while sources report to Reuters various upcoming possibilities at Goldman.
The ‘Slashing Agricultural Economy’ Of The U.S. Mourns The Exit From TTP
The farmers and agricultural trade unions of the U.S. are facing “new threats” as President Trump signs out of the deal, while others see China taking its place in the deal.
Engaging In A ‘Trade War’ Won’t Be Healthy Either For China Or The U.S.
Experts’ opinion asks both China and the U.S. to maintain “positive trade relations” for avoiding troubles.
U.S. artillery strike wipes out ISIS mortar position in Mosul: Pentagon
The precision strike wiped out the enemy while inflicting limited damage to the adjacent schools nearby.
Airbnb Introduces Trips, While The Fight Against Present Rental Law Continues
Leaving behind most hotel companies, Airbnb now attempts to turn into a travel company.
Ford ‘Will Be Keeping The Lincoln Plant In Kentucky – No Mexico’: Trump
Ford abandons its plans of shifting small car production to Mexico
Market Bets On Clinton’s Win, While Dollar Hits A Steady Ground
Market waged on the win of Hillary Clinton, in the race of the U.S. presidential election.
BAT Proposes A ‘$47 Billion’ Merger Deal To Reynolds American Inc.
If BAT’s proposed offer were to realise, the company would take a leading place in the “high value” market of the United States.
America Is ‘Close’ To Fed’s Inflation ‘Targets’, Informs The Vice-Chair
The U.S. economic performance matches Fischer’s optimistic views.
Low-Rates & ‘Flatter Yield-Curve’ Challenge Financial Institutions
The long-term low rates worry the U.S. Banks.
‘Lessons That Need To Be Drawn From The Iraq War’
Corbyn addresses the parliament for cultivating “more independent” Britain – U.S. ties.
Most Wanted Women Terror Suspect Tweets Threatening Words Against Britain
Sally Jones, who was involved in prior terror attacks, plans to hit back in reply to her husband’s death.
Volkswagen To Expand The Fine Margin
The reports propose two alternate possibilities for the VW’s next course of action regarding its emissions scandal.
U.S. To Test Its Automatic Warship
“Sea Hunter” takes the U.S. military on the tide of potential future for they are about to test self-driven ships.
Oil Prices Go Through An Unstable Week
The prices of oil market showed rising promises in the beginning of the week, however, it did not maintain the same stance through out.
Ferocious Russian bombardments take their toll on the Islamic State
Fighting a losing war, the Islamic State, is facing attrition not only in its fighting force, but economically too, the glut in the oil market is ensuring that they do not get top dollar for their spoils of war.
U.S, Gathers Support For Crude While The Oil Price Come Crumbling Down
The oil market of the U.S. has come close to the low margin ever shown in the last eleven years.
Oversupplied Crude Prices Take A Dip As El Nino Limits The Winter Sale
The oversupply of crude oil leads to the fall of its prices, driving towards lowest bench marks seen in a long time.
