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...During trial his lawyers pointed to documents sent to Bouvier by the auction house that emphasised high valuations for certain works, including a painting by Leonardo da Vinci, “Salvator Mundi”....
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...ESPN charges distributors $8 or $9 per month per subscriber, whether they want the sports channel or not....
...Milei, who labelled Brazilian President Luiz Inácio Lula da Silva “corrupt” on the campaign trail, “offered [Musk] collaboration in the conflict that social network X is having in Brazil”....
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...crisis affected consumption and distributors ended up with large stocks,” said Kunze-Concewitz....
...Sotheby’s in the lawsuit, accusing it of being complicit in a years-long scheme by a Swiss art dealer, Yves Bouvier, to sell him hundreds of millions of dollars of art masterworks — including Leonardo da...
...“The majority of foreigners that run global money, it still won’t be a big enough catalyst for them to come back and enter because the negative macro picture of China Inc is too big relative to the rest...
...The unit had been developing a car project known internally as Da Vinci, which involved taking a stake in heavily indebted state-backed automaker Guoji Zhijun and making cars at its plant in the south-eastern...
...Sector equity ETFs were also among this year’s “heavy distributors”, because of a $22.6bn exodus from the sector year to date through October 31, Morningstar data shows....
...Rybolovlev has sued Sotheby’s in Manhattan federal court and accused it of helping a high-profile art dealer vastly inflate the prices of famed pieces of art, including Leonardo da Vinci’s “Salvator Mundi...
...Traditional sales via distributors and other wholesalers were just 17 per cent. (Exports represented a mere two per cent.)...
...Bouvier’s former clients, accused the Swiss businessman in 2015 of systematically overinflating the value of €2bn of art he had sold him — a 38-painting collection of masterpieces that included Leonardo da...
...It was accused by Dmitry Rybolovlev, a Russian billionaire, of having helped the Swiss art dealer Yves Bouvier to overcharge him by about $1bn for works including Leonardo da Vinci’s “Salvator Mundi”....
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