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☆ NBA stars are scoring big in the fashion world
▼ + stars: | 2024-04-29 | by ( Nick Remsen | ) edition.cnn.com time to read: +9 min

Basketball players’ style — largely in the men’s league, but increasingly the women’s too — has become a bonafide pillar in fashion media and consumption. Basketball players’ style has more eyes on it than any other sport, the Pulitzer Prize-winning author Mitchell S. Jackson told CNN. “(The league) was the first to embrace it,” Jackson, author of the recently released photobook “Fly: The Big Book of Basketball Fashion,” explained. “Basketball players are so much a part of American culture. Bettman/Getty Images/Courtesy Workman“We talk a lot about current NBA tunnel style, but the league has been America’s most stylish for decades,” Schube continued.

Persons: Tyrese Haliburton, Pepper Robinson, Ron Hoskins, NBAE, — Tyrese Haliburton, —, Pharrell Williams, Birkin, it’s, Shai Gilgeous, Alexander, Russell Westbrook, LeBron James, Josh Giddey, Tyler Herro, “, Marcus Paul, Luka Dončic, ” There’s, Caitlin Clark, Prada, Sam Schube, Thom Browne, AJ Mast, Tyler Ross, Workman, Virgil Abloh, Louis Vuitton, Williams, Kim Kardashian’s, Donovan Clingan, Caleb Love, Hunter Dickinson, Jared McCain, Duke, Robert Dillingham, Paxson Wojcik, Mitchell S, Jackson, ” Jackson, ”, LeBron, Michael Jordan, Jordan, Jackson’s, Peggy Sirota, who’ve, Stephen “ Steph ” Curry, Curry, Steph Curry, Jed Jacobsohn “, ’ ” Curry, ” Curry, “ I’m, Kyle Kuzma, Timothée, Johnson, Andrew D, Bernstein, Walt Frazier, Bettman, ” Schube, “ Allen Iverson, Phil Jackson, Pat Riley, Armani, Walt Fraziers, Wilt Chamberlain’s, Fatih Aktas, ‘, ’ ”, …, they’d, ” Gilgeous, Alexander —, haven’t Organizations: Indiana Pacers, Basketball, Gilgeous, CNN, GQ, Cleveland Cavaliers, New York Times, Los Angeles Lakers, Oklahoma City Thunder, NBA, UConn, UNC, “ Basketball, Golden State Warriors, Fashion Council, Savant, State, GQ Sports, ’, Workman New York Knicks, Royce, Anadolu Agency, Getty, Civil, Nike Locations: Haliburton, Arizona, Kansas, Robert Dillingham ( Kentucky, Chicago , Illinois, Gilgeous

☆ Sacha Jafri may have cracked the unpredictable art market
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: +1 min

Known for his magical realist works, Dubai-based Sacha Jafri paints from a mediative state. "I'm in a complete trance," Jafri told CNBC. "I've made this quite conscious effort to keep my work out of auction," Jafri said. "Because you don't want your work in auction too early, you don't want a boom-bust. Since then, among his other artistic endeavors, Sacha has had his art sent to the moon.

Persons: Sacha Jafri, Jafri, I'm, I've, Sacha, Rolls Organizations: CNBC, Rolls Royce, Dubai . Locations: Dubai, Al

☆ Dealing with teenage daughters is difficult. Raising mine in the Middle East made it even harder.
▼ + stars: | 2024-04-01 | by ( Ulrike Lemmin-Woolfrey | ) www.businessinsider.com time to read: +4 min

Read previewMy husband and I were sitting outside our house in Dubai, ignoring the noise coming from partying teenagers inside. Instead, she was used to being brought back by car to our house after a sleepover at a friend's house. Parents and teenage daughter ballooning over the Yarra Valley in Australia. We packed up and moved to Australia, in order to allow our daughter a sample of "normal life" as a teenager. But that's normal teenage behavior too.

Persons: —, stealthily, It's, Christina, expat, Ulrike Lemmin Organizations: Service, United Arab Emirates, United Arab, Business, Burberry Locations: Dubai, United Arab Emirates, Doha, Qatar, Muscat, Oman, UAE, Yarra, Australia, Melbourne

☆ Louis Gossett Jr., 1st Black man to win supporting actor Oscar, dies at 87
▼ + stars: | 2024-03-29 | by ( ) www.cnbc.com time to read: +8 min

Louis Gossett Jr., the first Black man to win a supporting actor Oscar and an Emmy winner for his role in the seminal TV miniseries "Roots," has died. Gossett became the third Black Oscar nominee in the supporting actor category in 1983. "More than anything, it was a huge affirmation of my position as a Black actor," he wrote in his 2010 memoir, "An Actor and a Gentleman." "I knew too little to be nervous," Gossett wrote. Gossett went to Hollywood for the first time in 1961 to make the film version of "A Raisin in the Sun."

Persons: Louis Gossett Jr, Oscar, Gossett's, Neal L, Gossett, Nelson Mandela, Louis Gossett, Ben Vereen, LeVar Burton, John Amos, Richard Gere, Debra Winger, David Susskind, Ed Sullivan, Red Buttons, Merv Griffin, Jack Paar, Steve Allen, James Dean, Marilyn Monroe, Martin Landau, Steve McQueen, Frank Silvera, Sidney Poitier, Ruby Dee, Diana Sands, Billy Daniels, Sammy Davis Jr, Melvyn Douglas, Anne Baxter, Patrick O'Neal, Royce Corniche, Richard Pryor, Sharon Tate's, Charles Manson's, Louis Cameron Gossett, Louis Sr, Sadat, Dave Karger's, Satchel Paige, Josephine Baker, Oscar didn't, Satie, Robert Gossett, Hattie Glascoe, Christina Mangosing, Cyndi James, Reese Organizations: HOLLYWOOD, TCM, Associated Press, Oscar, Globe, Broadway, New York University, Hollywood, Beverly Hills Hotel, Universal Studios, Eracism Foundation, Rockford, Mamas, White Locations: CA, Hollywood , California, Santa Monica , California, Malibu, Brooklyn, Manhattan, Hollywood, Los Angeles County, Beverly Hills, Coney, Brooklyn , New York, Malibu .

☆ Is Tesla's Cybertruck the new status car?
▼ + stars: | 2024-03-01 | by ( Grace Kay | Madeline Berg | ) www.businessinsider.com time to read: +8 min

Tesla's Cybertruck isn't the kind of car that goes unnoticed. The Cybertruck isn't your average pickupMusk has been hyping up the Cybertruck since it was announced in 2019. AdvertisementFrom the start, it's been clear the Cybertruck isn't geared toward your traditional pickup truck market. But it's not exactly your typical luxury status car, eitherWhile the Cybertruck isn't a traditional pickup, it's not exactly a luxury car. "The finance geeks are just, they're beside themselves of how much they admire" Musk, Chesterfield said.

Persons: Tesla's Cybertruck, Kim Kardashian, Pharrell Williams, Jay, Hayley, Justin Beiber, Wiz Khalifa, Ivan Drury, Edmunds, it's, Tesla, Elon, Winston Chesterfield, Barton, It's, Chesterfield, it's Tesla's, hasn't, Ford, Jim Farley, Brian Moody, Mercedes, Ben Affleck, Cameron Diaz, Will Smith, Oprah Winfrey, Morgan Freeman, Steven Spielberg, Drury, Musk, it'll, Moody, Kyle Conner Organizations: Business, Ford, Royce, Twitter, YouTube Locations: Instagram, London

☆ A Tesla Cybertruck was resold for more than twice its price
▼ + stars: | 2024-03-01 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

A Foundation series Cybertruck was sold at an auction for $244,500 on Wednesday — over $130,000 more than its sticker price. AdvertisementSince Tesla started deliveries of the Cybertruck on November 30, Give Me The Vin has received dozens of offers from Cybertruck owners, Wolfe said. It's not the first time Tesla owners have attempted to flip their cars. In 2022, some Tesla owners made up to $7,000 reselling their EVs. However, the resale market has been difficult for Tesla owners in recent years due to the company's recent series of price cuts.

Persons: —, Elon Musk, John Clay Wolfe, Tesla, Wolfe, We've, he's, GiveMeTheVin, Rolls Royce, It's Organizations: Service, Porsche, Cox Automotive's, Business, South Orlando, Elon, Tesla, Rolls Locations: Cox Automotive's Manheim, Dallas , Texas

☆ The super-rich are buying more ultra-customized Rolls-Royces and Lamborghinis
▼ + stars: | 2024-02-03 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +10 min

Lamborghini sold more than 10,000 vehicles last year for the first time ever and Ferrari had a more than 17% increase in revenue. But customers purchasing Lamborghinis, Rolls-Royces and Bentleys have an even wider array of infinitely customizable paint colors and interior materials, to start with, than carmakers offer for less expensive brands. If the customer has a favorite shirt, for example, the car paint could be matched to the fabric color. At Dixon’s Rolls-Royce dealership three quarters of the roughly 90 cars sold each year include some degree of custom options, she said. While she and Rolls-Royce’s design team can provide guidance, in the end, the choices have to be the customer’s.

Persons: Royce, Ferrari, Lamborghini, Bentley, ”, Stephan Winkelmann, Lewis Hamilton, Altrata, Royce Cullinan, Javier Gonzalez Lastra, “, ” Gonzalez Lastra, Pietro Frigerio, Kellyn Dixon, Dixon, Bugatti Chiron, Bugatti, Chiron, Lamborghini’s Winkelmann Organizations: California CNN, Lamborghini, Ferrari, Bentley, Royce, CNN, Ferrari’s, Tema, Volkswagen, Ford, Art Basel Miami Beach, Rolls Royce, Bugatti, Bugatti Bugatti Locations: Irvine, California, Newport Beach , California, Irvine , California, Goodwood

☆ Malaysia's new king has a $5.7B family fortune. Here's how he spends his money.
▼ + stars: | 2024-02-02 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Sultan Ibrahim Iskandar, 65, was declared king on Wednesday as part of the country's rotating monarchy. King Sultan Ibrahim Iskandar of Johor is photographed with his sister, Queen Tunku Azizah Aminah Maimunah Iskandariah, after his accession was announced in October 2023. MOHD RASFAN/AP ImagesSultan Ibrahim is head of the Johor royal family and is considered one of the country's wealthiest men. In May 2023, a video posted to the Johor royal family's TikTok account showed them dining at Istanbul Turkish Cuisine, a reservations-only restaurant in Horizon Hills, Johor. King of Malaysia Sultan Ibrahim Iskandar (right) speaks with Malaysia's Prime Minister Anwar Ibrahim (left) after the oath-taking ceremony.

Persons: Sultan Ibrahim Iskandar, King Sultan Ibrahim Iskandar, Tunku Azizah Aminah, Iskandariah, MOHD RASFAN, Sultan Ibrahim, Sultan Ibrahim isn't, Ferrari Testarossa, HASNOOR HUSSAIN, Adolf Hitler, Hitler, Harley, Davidson, Tunku Ismail, Crown, Prince, of, of Malaysia Sultan Ibrahim Iskandar, Anwar Ibrahim, Abdullah Ahmad Shah, Mahathir Mohamad Organizations: Bloomberg, Facebook, Getty, Mercedes, YouTube, Boeing, Guardian, U Mobile, Maharani Energy, Johor Darul, The Straits Times, Malaysian, Malaysia's Locations: Malaysia, Malaysia's, Johor, Malaysian, Kuala Lumpur, India, Istanbul Turkish, Horizon Hills, Johor Darul Ta'zim, Singapore, Forest, Manhattan, of Malaysia Sultan

☆ Brunei comes to a standstill for royal wedding of Prince Abdul Mateen
▼ + stars: | 2024-01-15 | by ( Heather Chen | ) edition.cnn.com time to read: +5 min

CNN —Life in the tiny oil-rich kingdom of Brunei came to a standstill Sunday for a grand royal wedding attended by heads of state and royals from Bhutan and Middle Eastern countries, the highlight of 10 days of celebrations. The lavish ceremony saw Prince Abdul Mateen, the tenth child and fourth son of Brunei’s Sultan Hassanal Bolkiah, wed his long-time partner, Yang Mulia Anisha Rosnah, the granddaughter of a royal adviser. Mohd Rasfan/AFP/Getty ImagesThe 32-year-old prince, a British-trained and educated military officer in the Brunei Royal Armed Forces who’s sixth in line to his father’s throne, has become the modern face of Brunei’s royal family. Iqbal Selamat/AFP/Getty ImagesThe royal wedding at Brunei's Istana Nural Palace. To Their Majesties Sultan Hassanal Bolkiah and Queen Raja Isteri, our warmest congratulations on this happy occasion.”Prince Mateen kneels before his father, Sultan Hassanal Bolkiah, after the solemnization ceremony.

Persons: Prince Abdul Mateen, Brunei’s, Brunei’s Sultan Hassanal Bolkiah, Yang Mulia, Rosnah, Nurul Iman, Bandar Seri Begawan, Mateen, Mohd Rasfan, Michael Jackson, Britain’s, Prince Charles, Teh Firdaus, –, Iqbal Selamat, Lee Hsien Loong, Hassanal Bolkiah, Raja Isteri, ” Prince Mateen, Sultan Hassanal Bolkiah, Mateen’s, Hassanal Organizations: CNN, Nurul, Royce, Getty, Brunei Royal Armed Forces who’s, Abaca Press, United Arab, Singapore Prime, AP, of Defense Locations: Brunei, Bhutan, Middle, Brunei’s Sultan, Bandar Seri, Bandar Seri Begawan, AFP, British, Malaysian, Nural, Saudi Arabia, Jordan, United Arab Emirates, Malaysia, Indonesia, Philippines, Borneo, Britain

☆ An 11-year-old girl is going viral on TikTok after showing off her luxury outfits including a $124,000 watch and a $31,000 handbag
▼ + stars: | 2023-12-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

11-year-old Moo Abraham went viral on TikTok this year after showing off her lavish lifestyle. Videos on the account of Love Luxury, a store owned by her parents, show her modelling clothes and jewelry worth thousands. AdvertisementAn 11-year-old girl has caused a stir on TikTok and divided users' opinions as videos of her showing off her luxury items including a $124,000 watch and a $31,000 Hermés handbag have gone viral. The Patek Philippe Nautilus 5711 , which was discontinued by the brand, is being resold for anywhere between £70,000 ($87,000) to £266,798 ($333,000) on the luxury watch marketplace Chrono24. Business Insider couldn't independently verify whether Moo Abraham owns the items she models, or whether they are stock in her parents' store.

Persons: Moo Abraham, —, Emily, Adam Abraham, Louis Vuitton, Dior, Gucci, billionairesdaughter, She's, Emily Abraham, she's, Philippe, Kelly, Philippe Nautilus, couldn't, Moo, Royce Cullinan, item's Organizations: Service, Love, Philippe Nautilus, Fashion Locations: London, TikTok, Knightsbridge , London, Dubai

☆ Airbus notched a single order this year for its worst-selling plane
▼ + stars: | 2023-12-03 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

Airbus secured a single order for its worst-selling A330-800neo widebody airliner this year. In April, a single order for the A330-800neo was quietly added to Airbus' order book from an undisclosed customer. A Uganda Airlines Airbus A330-800neo. Air Greenland's Airbus A330-800neo. The few carriers that fly the A330-800 have sung its praisesA Kuwait Airways Airbus A330-800neo.

Persons: —, 800neo, Royce Trent, Thomas Pallini, Richard Aboulafia, Peter Ingram, Jacob Nitter Sørensen, intially, Maen Razouqi Organizations: Airbus, Airlines, Boeing, Service, Business, Uganda Airways, Kuwait Airways, Garuda, Air Greenland, Royce, Uganda Airlines Airbus, Air Greenland's Airbus, United Airlines, Hawaiian Airlines, Kuwait Airways Airbus, Aviation, Uganda Airlines, JFK, Dulles International Locations: Garuda Indonesia, Air, Greenland, Kuwait, New York, Washington , DC

☆ The biggest moments at the Dubai Airshow, as Boeing beats Airbus, Emirates criticizes Rolls Royce, and Israeli companies' stands lay empty
▼ + stars: | 2023-11-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Boeing beat Airbus in the orders tally after securing a $52 billion deal with Emirates on day one. The host nation's flag carrier made a $52 billion deal with Boeing on day one, before sparking tensions with Airbus and Rolls Royce. Boeing beats out Airbus in the orders battleBoeing got off to a hot start on Monday, announcing several deals. AdvertisementAs well as Emirates' order for 95 jets, the American manufacturer also called press conferences with SunExpress, flyDubai, Royal Jordanian, and Royal Air Maroc. As well as the smaller Emirates order, Airbus made deals with Ethopian Airlines, EgyptAir, and airBaltic.

Persons: —, Rolls Royce, Tim Clark, Royce Trent XWB, Yehia Zakaria, Christian Scherer, Pete Syme, Tony Douglas, @riyadhair, Peter Bellew, Rafael Organizations: Airbus, Royce, Boeing, Emirates, Service, Dubai Airshow, Rolls, Bloomberg, Reuters, Royal, Royal Air Maroc, Ethopian Airlines, Turkish Airlines, Anadolu Agency, Saudi, Riyadh Air, Boeing MAX, Paris Air, IAI, Dubai, Business, CNBC, Israel Defense Forces, United, United Nations Locations: Riyadh, Emirates, Royal Jordanian, Dubai, Israel, United Arab Emirates

☆ Rolls-Royce shares at one-year high despite 'defective' engine jibes from Emirates boss
▼ + stars: | 2023-11-17 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

A Rolls Royce jet engine on display at the Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde on February 28, 2023 near Berlin, Germany. The British aerospace and defense company's financial performance has been transformed, thanks to a turnaround plan led by its CEO Tufan Erginbilgic, who took the job in January. Its soaring stock price suggests that the markets have dismissed criticism of its jet engines by Emirates Airline President Tim Clark at the Dubai Airshow this week. The comments were directed at Rolls-Royce's Trent XWB-84 engines used on the Airbus A350-900 passenger jet. Rolls-Royce later pushed back against the criticism, saying in a statement that the A350-900′s XWB-84 engine "is the best engine out there when you look at efficiency, durability and reliability."

Persons: Royce, Tufan Erginbilgic, Tim Clark, Trent XWB, Clark, Ewen McDonald, Erginbilgic Organizations: Rolls Royce, Royce, Emirates, Airbus, Boeing, Deutsche Bank, Reuters Locations: Blankenfelde, Berlin, Germany, British, Dubai, Emirates

The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. Following the data, yields on short-term UK Gilts, reflecting near-term interest rate expectations, slid, aiding a 7.0% surge in rate sensitive real estate investment trusts (.FTNMX351020). "It may well be due to potential sentiment coming ahead of tomorrow's UK CPI data, with the hope that it comes in lower as well," said Christopher Peters, trading floor manager at Accendo Markets. UK October CPI data, due on Wednesday, could throw further light on the outlook for domestic monetary policy. Reporting by Khushi Singh and Johan M Cherian in Bengaluru; Editing by Sherry Jacob-Phillips and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Christopher Peters, Jefferies, Tim Clark, Khushi Singh, Johan M Cherian, Sherry Jacob, Phillips, Alex Richardson Organizations: London Stock Exchange Group, City of, REUTERS, Vodafone, Federal, tomorrow's, Accendo Markets, Investors, Entain, Royce, Emirates, Thomson Locations: City, City of London, Britain, Teck, U.S, Italy, Bengaluru

Emirates is a heavyweight when it comes to East-West travel out of Dubai International Airport, the world's busiest for international travel. In March, the airline announced an order of up to 72 Boeing 787-9 Dreamliner jetliners and has further plans to expand. Other purchases Tuesday included:— Emirates announced $1.2 billion in deals with French firm Safran, including for seats. — Emirates announced plans for a $950 million maintenance facility at Al Maktoum International Airport, the city-state's second airfield. — Boeing and SCAT Airlines of Kazakhstan announced the airline would purchase seven Boeing 737 MAX aircraft.

Persons: —, Tim Clark's, FlyDubai, Clark, ” Clark, — Rafael, ”, they’ve, “, Mesfin Tasew, Safran, — EgyptAir Organizations: United Arab Emirates, Emirates, Airbus, Royce, Dubai Air, Boeing Co, Boeing, Ethiopian Airlines, Al Maktoum International Airport, Rolls Royce, Associated Press . Emirates, Dubai International Airport, Ben Gurion International, Defense Systems Ltd, Israel Aerospace Industries, IAI, Courage Meets Technology, Riyadh Air, Dubai, United Nations, Aviation, SAF, Ethiopian, Boeing MAX, MAX, — Emirates, Al, Airlines Locations: DUBAI, United Arab, Al Maktoum, East, West, Dubai, Israel, Gaza, Emirates, Tel Aviv, Riyadh, Saudi, Saudi Arabia, Sydney, Australia, Addis Ababa, Kazakhstan

☆ Turkish Airlines talks to Airbus about ordering 355 new jets
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +1 min

The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023. REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsANKARA, Nov 11 (Reuters) - Turkish Airlines (THY) (THYAO.IS) on Saturday held talks with Airbus (AIR.PA) to discuss a potential order of 355 new aircraft, the state-run Anadolu news agency said. If the parties agree, the order will be the largest in the airline's history. In May, Turkish Airlines chairman Ahmet Bolat said the company was planning to order a total of 600 new aircraft in June and they would be delivered within 10 years. Turkish Airlines officials also held talks with Rolls Royce (RR.L) for engine maintenance services and spare engines for the wide-body A350 aircraft, Anadolu said.

Persons: Stephane Mahe, Ahmet Bolat, Rolls, Huseyin Hayatsever, Kevin Liffey Organizations: Airbus, REUTERS, Rights, Turkish Airlines, Saturday, Anadolu, Turkish, Rolls Royce, Thomson Locations: Saint, Nazaire, France, Rights ANKARA, Istanbul, Anadolu

☆ I'm fleeing Florida after almost 40 years because 'Rolls Royces, Range Rovers and Maseratis took over' and my home insurance skyrocketed
▼ + stars: | 2023-10-29 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

David, 58, had loved the slow pace and friendly community in West Palm Beach, Florida, since 1987. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with David, 58, who is moving to Savannah, Georgia, next year after almost 40 years living in West Palm Beach, Florida. We would drive down to see them, and West Palm Beach held some mystique to me. I spent nearly 40 years in West Palm BeachWhen I first came to West Palm Beach, I moved into this great little area that I fell in love with. I lived in a condo for two years, and then I bought property for $150,000 back in 1989 or 1990.

Persons: David, —, Maseratis, Georgia Wilmington Island , Florida Matthew Propst, we've Organizations: Service, Palm Beach, Insurance Locations: West Palm Beach , Florida, Georgia, Savannah , Georgia, Chicago, Florida, West Palm, Palm, New York, I'm, Georgia Wilmington Island , Florida, Palm Beach, Savannah, Wilmington

☆ Rolls Royce: Aircraft engine maker plans up to 2,500 job cuts worldwide
▼ + stars: | 2023-10-17 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Aircraft engine maker Rolls-Royce will slash up to 2,500 jobs worldwide in a bid to streamline its operations and tackle years of underperformance. (Rolls-Royce is a separate company from Rolls-Royce Motor Cars, a wholly owned subsidiary of BMW. The two businesses bearing the Rolls-Royce name were part of the same firm until the 1970s.) “This is another step on our multi-year transformation journey to build a high-performing, competitive, resilient and growing Rolls-Royce,” Erginbilgic said. “Its transformation plan is faring well, with improving operations, the post-pandemic rebound in international flying and increased defense spending.”

Persons: Royce, Tufan Erginbilgic, Germany Nadja Wohlleben, Erginbilgic —, ”, “, Erginbilgic, Grazia Vittadini, ” Erginbilgic Organizations: London CNN — Aircraft, Boeing, Airbus, Royce, Rolls, BMW, BP, “, Victoria Scholar, Interactive Locations: Dahlewitz, Berlin, Germany, London’s

☆ German museum employee swaps painting for fake and sells original to fund ‘luxury lifestyle’
▼ + stars: | 2023-09-29 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —A German museum employee swapped out a painting with a fake and then sold the original to buy luxury goods, including a Rolls Royce and expensive wristwatches, according to a Munich court. During that time, he stole “Das Märchen vom Froschkönig” (The Tale of the Frog Prince) by Franz von Stuck, replaced it with a fake and put the original up for auction. He lied to a Munich auction house, saying the painting had once belonged to his grandparents or great-grandparents. “Das Märchen vom Froschkönig” (The Tale of the Frog Prince) by Franz von Stuck. One of the works was sold via auction and the other was purchased directly by the auction house, netting him another 11,490 euros ($12,184).

Persons: ” “, ”, “ Das, Franz von Stuck, Eduard von Grützner, Franz von Defregger, “ Organizations: CNN, Royce, Deutsches Museum, Ketterer, ” Locations: Munich, Swiss

☆ Someone in California is now driving a unique Rolls-Royce that cost more than $30 million
▼ + stars: | 2023-08-20 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

La Rose Noire Droptail cost more than $30 million and is the first of just four to be made. Buying a Rolls-Royce has always been a great way to show you have plenty of cash – but the British company has now revealed a unique car that cost more than $30 million. On Saturday the luxury carmaker unveiled La Rose Noire Droptail, a two-seater with hyper-specific features based on requests by its unnamed buyer. The Rolls-Royce La Rose Noire Droptail. Rolls-RoyceA representative told Bloomberg the car would cost more than $30 million.

Persons: Royce, Droptail, Royce didn't Organizations: Noire, Morning, Bloomberg Locations: Pebble Beach , California, British, France

☆ The British navy is teaming up with the US to build a new 'Dreadnought' for a totally different battle at sea
▼ + stars: | 2023-08-13 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

The British Royal Navy is building a new class of nuclear-powered ballistic-missile submarines. The British subs will have the same missile compartment as the US Navy's new missile subs. At-sea deterrentThe Royal Navy submarine HMS Dreadnought in April 1963. The Royal Navy plans to commission HMS Dreadnought sometime in the early 2030s. In addition to being the largest British subs ever, the Dreadnought class will be one of the most expensive defense projects in British history.

Persons: SSPL, Royce, Christopher Furlong, King George VI ., Valiant, Warspite Organizations: British Royal Navy, British, Service, HMS, Dreadnought, Royal, Royal Navy, Ministry of Defense, Submarine, Agency, BAE Systems, Royce, Vanguard, UK, US, Trident, Columbia, CMC, US Navy's Trident, BAE, MoD Locations: Wall, Silicon, Britain, Faslane, US Navy Ohio, British, Barrow, Furness

☆ Rolls-Royce shares soar 19% after engine-maker raises guidance
▼ + stars: | 2023-07-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

A Rolls Royce jet engine on display at the Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde on February 28, 2023 near Berlin, Germany. LONDON — Shares of Rolls-Royce rocketed to their highest level since the start of the pandemic Wednesday morning after the British aerospace and defense firm raised its full-year profit guidance and said it would vastly outperform expectations for its half-year results. Market consensus is currently for a £934 million underlying operating profit, the company said. It added that it sees its first-half underlying operating profit, due August 3, coming in at just over double analyst expectations of £328 million. Rolls-Royce makes engines for Airbus and Boeing.

Persons: Royce rocketed Organizations: Rolls Royce, Royce, LONDON, Airbus, Boeing Locations: Blankenfelde, Berlin, Germany, British

☆ Causeway Capital CEO Sarah Ketterer shares her top stock picks
▼ + stars: | 2023-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCauseway Capital CEO Sarah Ketterer shares her top stock picksSarah Ketterer, Causeway Capital Management CEO and portfolio manager, joins 'Squawk Box' to share her top stock picks including Rolls Royce, Samsung, Reckitt Benckiser, where she sees investment opportunities around the world, and more.

Persons: Sarah Ketterer, Rolls, Reckitt Organizations: Email Causeway, Causeway Capital Management, Rolls Royce, Samsung

☆ UAE crypto scammer sentenced to 8 years in prison for multimillion dollar fraud scheme
▼ + stars: | 2023-07-19 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

A United Arab Emirates resident and Nigerian citizen was sentenced to 8 years in federal prison for orchestrating a multi-million dollar fraud scheme that victimized businesses across the U.S., Illinois federal prosecutors said. Ponle worked with a network of scammers to masquerade as corporate entities using phishing emails. Ponle will forfeit those items, collectively valued at over $1 million, and pay more than $8 million in restitution to victim companies. Ponle was prosecuted despite the lack of an extradition treaty between the UAE and the United States. Federal officials at the DOJ'S Office of International Affairs worked with their UAE counterparties to secure Ponle's rendition.

Persons: Olaekan Jacob Ponle, Ponle, Royce Cullinan, Lamborghini Organizations: Jumeirah, United, United Arab Emirates, Federal Bureau of Investigation, Justice Department, Royce, UAE, Federal, DOJ'S, International Affairs, UAE counterparties Locations: Dubai, United Arab Emirates, United Arab, U.S, , Illinois, UAE, Nigeria, Nigerian, United States

☆ A visit to Amangani last summer — one of the top luxury resorts in Jackson Hole, Wyoming — quickly showed me why it's such a hotspot for wealthy travelers
▼ + stars: | 2023-07-14 | by ( Katie Warren | ) www.businessinsider.com time to read: +1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementTucked away in the mountains with sweeping views of the Tetons, luxury resort Amangani includes 40 suites that start at $975 per night and go up to $2,100 per night. The Jackson Hole, Wyoming, resort is part of global luxury chain Aman Resorts, which is beloved by celebrities and ultra-wealthy. Last summer, I visited Jackson Hole, which has become a ritzy resort town, and got an exclusive tour of Amangani.

Persons: —, Stuart Lang, Jackson, Amangani Organizations: Service, Rolls Royce, Aman Locations: , Wyoming

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