SHANGHAI (Reuters) – Zoom Video Communications (ZM.O) will shift to a partner-only model in mainland China from Aug. 23, suspending direct sales to all customers in the region, the company said on Monday. Zoom customers in China received an email on Monday inf... More »
ATHENS (Reuters) – Greece’s culture minister has hailed a U.S. court ruling over a disputed ancient horse figurine as a major victory that may help Athens and others fighting to reclaim antiquities. Lina Mendoni said Tuesday’s ruling by the 2nd U.S. Circuit Co... More »
LONDON (Reuters) – Pepco Group, a European discount retailer, has appointed former Tesco (TSCO.L) executive Trevor Masters as managing director of its largest business PEPCO. The group, formerly called Pepkor Europe and part of South Africa’s Steinhoff (SNHJ.J... More »
NEW YORK (Reuters) – Move over Monet. Nike is hot on your heels. Sotheby’s in New York announced on Thursday its first-ever auction dedicated to sneakers, underlining their fast-growing status as collectibles able to command tens of thousands of dollars. Sothe... More »
NEW YORK (Reuters) – A federal judge in New York rejected Sotheby’s bid to dismiss a $380 million lawsuit where Russian billionaire Dmitry Rybolovlev accused the auction house of helping his longtime art dealer’s scheme to overcharge him on dozens of masterwor... More »
NEW YORK (Reuters) – A U.S. judge on Friday rejected Greece’s effort to dismiss an unusual lawsuit in which Sotheby’s and the owners of an ancient Greek bronze horse sued the country, seeking court permission to put the statue on the auction block. U.S. Distri... More »
ZURICH (Reuters) – The global art market experienced another uptick in 2018, helped by an increase in the spending power of millennials, a report published by UBS and Art Basel said on Friday. A survey of wealthy individuals conducted by UBS and art economist ... More »
An assistant holds a 102.34 carat white diamond at Sotheby’s auction house in London, Britain February 8, 2018. REUTERS/Hannah McKay LONDON (Reuters) – A flawless diamond, the size of a large strawberry, is expected to fetch a world record price when it comes ... More »
FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton/File Photo (Reuters) – Morgan Stanley reported quarterly results on Thursday, rounding o... More »
FILE PHOTO: South African magnate Christo Wiese, Steinhoff’s largest shareholder and chairman, listens during an interview in Cape Town, South Africa, September 27, 2016. REUTERS/Mike Hutchings/File Photo (This December 7 story corrects to clarify Christo Wies... More »
FILE PHOTO – Christo Wiese, whose companies include Steinhoff International, speaks as Shoprite reported it’s results in Cape Town, South Africa, February 21, 2017. REUTERS/Mike Hutchings (This December 14 story corrects to clarify Christo Wiese did not start ... More »
FILE PHOTO: A Poundland employee checks products in a store in London, Britain November 10, 2015. REUTERS/Stefan Wermuth/File Photo JOHANNESBURG (Reuters) – South Africa’s Independent Regulatory Board for Auditors (IRBA) is investigating Steinhoff’s (SNHG.DE) ... More »
The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, December 6, 2017. REUTERS/Staff/Remote/File Photo LONDON (Reuters) – European stocks rallied to a week’s high on Friday as Britain and the European Union announced a ... More »
FILE PHOTO: A model poses with a 37.30 carat “The Raj Pink”, the world’s largest known fancy intense pink diamond, during a Sotheby’s preview in Geneva, Switzerland November 8, 2017. REUTERS/Denis Balibouse/File Photo GENEVA (Reuters) – A large pink diamond, r... More »
FILE PHOTO: Members of Christie’s staff pose for pictures next to Leonardo da Vinci’s “Salvator Mundi” painting which will be auctioned by Christie’s in New York in November, in London, Britain October 24, 2017. REUTERS/Peter Nicholls NEW YORK (Reuters) – Leon... More »
The last privately owned Leonardo da Vinci painting and one of fewer than 20 by the Renaissance artist known to still exist is hitting the auction block, Christie's announced on Tuesday. More »
A nearly 900-year-old porcelain Song dynasty bowl smashed the world auction record for Chinese ceramics on Tuesday, selling for HK$294.3 million ($37.68 million) at a Sotheby's sale in Hong Kong. More »
Lisa Schiff, New York based art advisor looks at the artwork ‘Rob Pruitt’s Official Art World/Celebrity Look-Alikes from 2016/2017’ by US artist Rob Pruitt at the Unlimited exhibition during the Art Basel in Basel, Switzerland June 13, 2017. REUTERS/Moritz Hag... More »
Apparel retailer J.Crew Group Inc [CHNOSJ.UL] said on Monday that James Brett will succeed retail veteran Millard Drexler as chief executive officer. More »
Barbara Sallick in an undated photo. REUTERS/Courtesy Waterworks Lien Tan More »
A woman walks past a luxury boutique in a shopping district in Tokyo, Japan, September 29, 2016. REUTERS/Toru Hanai Japan’s retailers are forecasting a gloomy end to the year, as persistent economic malaise and a lack of wage growth eat away at consumer confid... More »
NEW YORK The steep decline and subsequent rebound in the U.S. stock market over the first three months of the year were a boon to U.S. small cap managers, who took advantage of what some considered a short window of low prices to add shares in companies rangin... More »
