Michael Werner News
-
Cathay Pacific Airways Ltd. and Singapore Airlines Ltd. are spending $207 million fitting flat- bed seats and larger TV screens in business class. Finding passengers to fly them may be a challenge.
-
Chinese banks may struggle to recoup about 23 percent of the 7.7 trillion yuan ($1.1 trillion) they’ve lent to finance local government infrastructure projects, according to a person with knowledge of data collected by the nation’s regulator.
-
Billionaire Leon Black was the anonymous buyer of Edvard Munch’s “The Scream” for $119.9 million at Sotheby’s, the Wall Street Journal reported, citing people close to the private equity manager.
-
Chinese banks that do more business in the nation’s inland regions may outperform those that depend on the developed eastern provinces, where growth is slowing, analysts at Sanford C. Bernstein wrote.
-
Paintings from Andy Warhol’s “The American Indian” series and an Egon Schiele work valued at nearly $50 million are among the gallery exhibits vying for collectors’ attention during London’s busiest-ever Frieze Week.
-
Galerie Perrotin, one of the top contemporary-art galleries in France, said it will open a New York branch in 2013, the latest of several expansions announced recently in the international art market.
-
Brooklyn-based band The National crafts compelling music about growing up. Hear their moody songs Friday night at the Beacon Theatre.
-
Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, rose the most in two months in Hong Kong after profit topped analysts’ estimates as loan profitability and fees increased.
-
Citigroup Inc. plans to almost triple its workforce in China to as many as 12,000 people in the next three years, intensifying its rivalry with HSBC Holdings Plc in the world’s fastest-growing major economy.
-
A Chinese baby-formula maker selling imported Australian milk to safety-conscious parents invested in the risky debt of lead, arsenic and cadmium refiners, seeking higher returns for its cash.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page