In Art World Shake-Up, Mogul Peter Brant Sheds Trio of Art Magazines
Wed, 29 Jul 2015 18:00:35 GMT
In a startling shake-up-and shake-out?-in the art world news business, publishing mogul and powerhouse art collector Peter Brant has sold Art in America magazine, founded in 1913, to the company that publishes rival Artnews, and he will in turn become the majority shareholder in that company. The two publications will consolidate and grow their online news operations, bundle subscriptions, and Artnews print will focus on themed issues that have proven successful with readers such as "The World's Top 200 Collectors," according to a little-noticed press release put out in Europe at 2:30 a.m. EDT.
Polish Banks Jump Most in Two Years on Bets Levy Will Be Delayed
Wed, 29 Jul 2015 13:50:17 GMT
Polish banks rose the most in 22 months after Reuters reported the country's main opposition party will delay imposing levies on lenders until 2017 should it win in this year's general elections. The 15-member WIG-Bank Index jumped 3.7 percent as of 1:54 p.m. in Warsaw, led by Getin Noble Bank SA, which climbed 13 percent.
Poland's Richest Businessman Jan Kulczyk Dies Suddenly at 65
Wed, 29 Jul 2015 09:35:00 GMT
Kulczyk Holding says that its founder and president, Jan Kulczyk, Poland's richest businessman, has died from complications after surgery. He was 65. For years, Kulczyk, a lawyer and manager by education, led lists of the richest Poles and was reputed for his courage and imagination in business decisions.