Rockefeller Center
SIJ to pay out EUR 10m in dividends
The shareholders, Russia's Dilon, which owns 72% in SIJ, and the state with a controlling stake, appointed Dmitry Davydov and Mitja Križaj, a non-executive director of the Bank Asset Management Company, as new supervisors at Friday's AGM.
- Read more about SIJ to pay out EUR 10m in dividends
- Log in to post comments
Signs of art market uptick seen ahead of NY sales
As auction powerhouses Christie's and Sotheby's gear up for their New York spring sales, hopes are high that a host of major works the likes of which have not hit the block for several seasons will reap strong, even record, prices.
- Read more about Signs of art market uptick seen ahead of NY sales
- Log in to post comments
Smuggled Anatolian idol sold in US
Guennol Stargazer, a 5,000-year-old Anatolian marble female figure that was smuggled from Turkey, was sold for $14,5 million at a New York auction on April 28.
The sale was protested by Turks who gathered outside the auction house.
- Read more about Smuggled Anatolian idol sold in US
- Log in to post comments
US Billionaire Philanthropist David Rockefeller Dies at 101
Billionaire philanthropist David Rockefeller has died in his sleep at his home in Poncantico Hills, New York, a spokesman said. He was 101 years old.
Mr Rockefeller, the last of his generation in the famed American family, was the grandson of Standard Oil co-founder John D Rockefeller.
Billionaire banker David Rockefeller dies aged 101
Former Chase Manhattan Chief Executive David Rockefeller has died at the age of 101.
Rockefeller died in his sleep at home in Pocantico Hills, New York, on Monday morning as a result of congestive heart failure, according to a family spokesperson Fraser P. Seitel.
- Read more about Billionaire banker David Rockefeller dies aged 101
- Log in to post comments
NBG likely to sell its insurance unit this year
National Bank of Greece expects to sell its subsidiary Ethniki Insurance this year and plans other sales as part of its restructuring, its chief executive said on Wednesday.
Last month Greece's second largest lender hired Goldman Sachs and Morgan Stanley as advisers on the sale of the insurance unit, banking sources close to the deal said.
- Read more about NBG likely to sell its insurance unit this year
- Log in to post comments
NBG hires Morgan Stanley, Goldman as sale advisers
National Bank (NBG) has hired Goldman Sachs and Morgan Stanley as advisers on the sale of a stake in its insurance subsidiary Ethniki Insurance, banking sources close to the procedure said on Thursday.
Founded in 1891, Ethniki Insurance is the oldest insurer in Greece and is fully owned by NBG.
- Read more about NBG hires Morgan Stanley, Goldman as sale advisers
- Log in to post comments
Hospitals scrounging for cash
Shortages of equipment and staff in the health sector have resulted in two key Athens hospitals, the Alexandra and the Elena Venizelou, borrowing from each other and third parties, according to the Federation of Public Hospital Workers (POEDIN).
- Read more about Hospitals scrounging for cash
- Log in to post comments
Ohio museum sells pieces despite protests from Cyprus, Egypt
The sale of nearly two dozen antiquities from an Ohio art museum brought in 640,000 dollars on Tuesday despite objections to the auction from the governments of Egypt and Cyprus.
The items sold were among nearly 70 pieces from Egypt, Greece and Italy that the Toledo Museum of Art plans to sell.
General Electric makes new investment in Turkey to meet country's rising renewable energy demand
General Electric (GE) has made a fresh $20 million investment in its transformer facility in the northwestern district of Gebze in a bid to meet the country's equipment needs for renewable power plants, which have recently been on the rise.