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☆ It looks like the party's over for luxury goods in China
▼ + stars: | 2024-07-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewHugo Boss, Burberry, Richemont, and Swatch have all called out slumping sales in China this week as consumers cut back on luxury spending. Swiss watch group Swatch said it expects the Chinese market "to remain challenging for the entire luxury goods industry until the end of the year." But much of this spending has been overseas, and sales in China have fallen for some of the world's biggest luxury brands. AdvertisementBefore the pandemic, about two-thirds of Chinese luxury spending occurred outside mainland China, plummeting to less than 10% in 2021 and 2022 because of travel restrictions, according to data from Bain. The consultancy said that this started to rebound in 2023 with the return of overseas tourism, with an estimated 30% of luxury spending taking place outside mainland China.

Persons: —, Hugo Boss, Burberry, Gerry Murphy, they've, Bain, Luca Solca, Vacheron Constantin, Marc Jacobs, Versace, Richemont Organizations: Service, Swatch, Business, Bain & Company, Richemont, Cartier, Burberry, Financial Times, Bain, Prada, The Financial Times, Luxury Summit Locations: China, Swiss, Americas, Hong Kong, Macau, Japan, South Korean, East

☆ Netflix stars are accusing 'Perfect Match' contestant Bryton Constantin of being homophobic and transphobic
▼ + stars: | 2024-07-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewMultiple Netflix stars have accused "Perfect Match" contestant Bryton Constantin of making homophobic and transphobic comments, pulling the streaming service into another reality show controversy. Around the release of the series finale, four more Netflix stars accused Bryton of expressing anti-LGBTQ+ sentiments. The drama escalated just before the "Perfect Match" season two finale aired on June 21, when several more queer Netflix reality stars called out Bryton on TikTok. AdvertisementLexi Goldberg, a contestant from "The Ultimatum: Queer Love" season one, called Bryton "an ignorant piece of shit" on June 22. Dominique also said Bryton called her out and made homophobic comments again during a professional event after filming.

Persons: —, Bryton Constantin, Bryton, Dominique Defoe, Dominique, Tudum, Adam, Steve, Dash Katz, Dash, Sophia Layne, Sophia, Francesca Farago, Lexi Goldberg, Lexi, it's Adam, Brittan Byrd, dominique defoe Dominique Organizations: Service, Business, Netflix, Bryton

☆ 'Perfect Match' season two has ended —but the drama is only just getting started
▼ + stars: | 2024-06-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewWarning: spoilers ahead for "Perfect Match" season two. "Perfect Match" season two may have ended last week, but the drama is just getting started. AdvertisementMultiple "Perfect Match" season 2 cast members have spoken out about the way the series was edited. AdvertisementChristine and Brittan also said Kaz tried to match with Brittan immediately after coupling up with Christine at the mixer but was rejected. AdvertisementThis is not the first time reality show drama has continued past a series finale, and even the "Perfect Match" season one cast, which was less scandalous than season two, had a few public arguments.

Persons: —, Christine Obanor, Nigel Jones, Harry Jowsey, Harry, costars, Christine, Kaz Bishop, Micah Lussier, Alara Taneri, Nigel, Shane Lopes, Chris Hahn, Brittan Byrd, Brittan, Dominique Defoe, Stevan Ditter, Bryton Constantin, Chris, Stevan, Kaz, Melinda, Dominique, Bryton, Dominique's, Brittan's, Dom Gabriel, Tolú Ekundare, Micah Stevan Organizations: Service, Netflix, Business, Xanthi Perdikomatis, Kinetic Locations: Xanthi

☆ A timeline of the kissing scandal between Harry, Jessica, and Melinda in 'Perfect Match' season 2
▼ + stars: | 2024-06-14 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +8 min

Read previewThe strongest couple in "Perfect Match" season two is under threat in the latest episodes after Harry Jowsey was accused of kissing another contestant. The next day, Melinda tells Jessica that she and Harry kissed, causing a big fight between the three contestants. 'Perfect Match' season two, episode eight: Melinda and Holly say the kiss happened off-screenIn "Perfect Match" season two, episode eight, Stevan Ditter, Harry Jowsey, Chris Hahn, Kaz Bishop, Justin Assada are separated from their female partners. Advertisement'Perfect Match' season two, episode nine: Melinda says Harry also said he wanted to have sex with herMelinda Berry in "The Perfect Match" season two. 'Perfect Match' season two, episode nine: Jessica confronts HarryJessica Vestal and Harry Jowsey competing in a "Perfect Match" couples challenge.

Persons: —, Harry Jowsey, Harry, Jessica Vestal, Jessica, Melinda Berry, Melinda, Holly, Stevan Ditter, Chris Hahn, Kaz Bishop, Justin Assada, Holly Scarfone, Justin, what's, Stevan, Harry doesn't, hasn't, doesn't, Dom Gabriel, Brittan Byrd, Brittan, Dom, Ana Blumenkron, Netflix Jessica, Alara Taneri, Bryton Constantin, Harry Jessica Vestal, Netflix Harry Organizations: Service, Business, Netflix

☆ How to buy your first luxury watch
▼ + stars: | 2024-05-03 | by ( Christy Choi | ) edition.cnn.com time to read: +9 min

Learn the lingoJust like buying a car, there are some technical terms prospective watch buyers can benefit from knowing. Parts of the watchCrown: Small knob found on the side of the watch used to change the date and time. Automatic movement: A mechanical watch that does not need a battery to move, it relies on movement from the wearer to wind. Buy a watch for the right reasons and consider what you need from itDon’t get sucked into hype around a watch. See if the designer made any othersWhile on the lookout for a watch to wear to his wedding, Pang saw a six-figure Audemars Piguet watch.

Persons: you’ve, it’s, Patek Philippe, Cartier, Vacheron Constantin, Sotheby Asia’s, Joey Luk, Charles Frodsham, “, ”, Johnathan Chan, you’re, Helbert Tsang, Tim Stracke, don’t, Luk, Carlos Pang, Pang, Gerald Genta, Chan, … Organizations: CNN, Rolex, Horology, Facebook, IWC, ” Locations: haute, Hong Kong, Geneva

☆ China’s growing love of luxury watches remains strong, despite economic headwinds
▼ + stars: | 2024-04-19 | by ( Leona Liu | ) edition.cnn.com time to read: +9 min

Despite economic challenges looming large — including prolonged downturns in both the housing and stock market — China’s fascination with luxury watches remains undiminished. Cyril Zingaro/WWGF/KeystoneCertainly at this year’s fair, well-dressed, well-accessorized Chinese customers appeared unfazed by economic uncertainties. After more than 20 years working in the region, he believes China’s economic slowdown is just a temporary phase. “The situation may be slightly (more) challenging for mid-level luxury brands (whose clients’ disposable incomes are potentially more at the whim of market forces). Collectors appreciate the craftsmanship, rarity, and heritage associated with luxury timepieces, which can hold or increase in value over time.

Persons: Matthieu Humair, Cyril Zingaro, Jackson Yee, Jaeger, Zhu Yilong, Wang Yang, Xiao Zhan, David Sadigh, Patek Philippe, Van Cleef, ” Sadigh, Valentin Flauraud, ”, Ricardo Guadalupe, “ We’ve, Pierre Albouy, Keystone Carson Chan, Richard Mille Asia, Bonhams, ” Chan, Raphael Young, Lange, Söhne, Wilhelm Schmid, Lumen, Chan, Vacheron, Young, Roger Dubuis, Dior, Louis Vuitton, Gucci — Chanel, Hermes, Hermès, Attelé, Chanel, Mademoiselle Chanel, “ Organizations: Geneva CNN —, Federation of, Swiss Watch Industry, IWC, Digital Luxury, CNN, Keystone, Fondation, “, Berkley, Couture Locations: Geneva, China, Hong Kong, Asia, Switzerland, Chopard, Europe, “, Asia — China, Guadalupe, Swiss, watchmaking

☆ Watches and Wonders 2024: The best women’s watches on show
▼ + stars: | 2024-04-09 | by ( Sarah Royce-Greensill | ) edition.cnn.com time to read: +7 min

Women’s watches have undergone something of a transformation in recent years, moving beyond an outdated “shrink it and pink it” design school of thought. Courtesy HermèsThe Cut is Hermès’ first new, in-house-designed women’s watch for 20 years — and it’s worth the wait. It also comes in rose gold, diamond-dusted white gold, and in two seriously special High Jewelry iterations which feature stripes of coloured hardstones. Courtesy ChopardBaby blue seems to be the hue for women’s watches this year, and Chopard’s new Happy Sport is a delicious example. Continuing the blue theme, it eschews razzle-dazzle for a confidently chic combination of white gold and lustrous lacquer, in a newly slimmed-down silhouette.

Persons: Patek Philippe, Cartier, Chanel, Couture, Boyfriend Couture, Chanel Chanel’s Couture, Coco Chanel, Van Cleef, Van, you’d, Carrera, Piaget Piaget, They’re, Vacheron Constantin Grand Lady Kalla Vacheron Constantin Grand Lady, Constantin Vacheron Constantin, Kalla Organizations: CNN, Chopard, TAG, IWC, Schaffhausen Locations: Geneva, Switzerland

☆ 'Perfect Match' season two will feature 3 'Love Is Blind' alums — and it's coming this summer
▼ + stars: | 2024-03-14 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +4 min

Netflix's "Perfect Match" season two will premiere sometime this summer. AdvertisementNetflix's super-reality show "Perfect Match" is coming back — and you'll recognize a few familiar faces from "Love Is Blind." We don't know too much yet about "Perfect Match" season two — but here's everything that we've learned so far. When will 'Perfect Match' season 2 premiere? But host Nick Lachey confirmed during the "Love Is Blind" season six reunion that it would be hitting screens sometime this summer.

Persons: alums Izzy Zapata, Micah Lussier, Jessica Vestal, —, it's, we've, Nick Lachey, Vanessa Lachey, Izzy Zapata, Micah, Jess, Izzy, Lachey, Vestal, Zapata, Stacy Snyder, didn't, Lussier, Paul Peden, Netflix hasn't, Constantin, Trevor Sova, Sova's, Natalia Coelho, Harry Jowsey, Reality Ashley, Dom Gabriel, Jowsey Organizations: Service, Netflix, Clemson, TMZ, Jowsey Locations: Mexico

☆ A Hollywood director took millions of dollars in Netflix funding and used it to trade options and crypto, report says. Here's a closer look at how he used the cash.
▼ + stars: | 2023-11-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

A movie director used Netflix funds to trade options and cryptocurrencies, The New York Times said. "47 Ronin" director Carl Erik Rinsch bet on Gilead Sciences and dogecoin, and against the S&P 500. He lost $6 million on options, but a winning bet on dogecoin boosted his balance to $27 million. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA Hollywood director took millions of dollars of production funding from Netflix and used it to trade stock options and cryptocurrencies, The New York Times said on Wednesday.

Persons: Carl Erik Rinsch, dogecoin, —, Here's, Carl Erik Rinsch's, Rinsch's, Rinsch, Gilead, Dogecoin, Constantin, Rinsch didn't Organizations: The New York Times, Gilead Sciences, Service, Netflix Locations: The, Gilead

☆ Cartier owner Richemont sees growth easing as economic worries rise
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

Richemont's constant currency sales growth eased from a 19% rate in the April to June period to a 5% rate in the following three months. The company posted a profit of 1.51 billion euros, worse than the 2.17 billion euros forecast by analysts in a consensus cited by Zuercher Kantonalbank. "Growth eased in the second quarter as inflationary pressure, slowing economic growth and geopolitical tensions began to affect customer sentiment, compounded by strong comparatives," said Chairman Johann Rupert in a statement. "Consequently, we have seen a broad-based normalisation of market growth expectations across the industry." While jewellery - traditionally more resilient to economic swings - continued to shine with constant currency sales up 9%, watch sales fell 4%.

Persons: Regis, Cartier, Vacheron Constantin, LVMH, Zuercher Kantonalbank, Johann Rupert, Kepler, Jon Cox, John Revill, Mimosa, Miranda Murray, Shri Navaratnam, Tomasz Janowski Organizations: Cartier, Vendome, REUTERS, Rights, IWC, Thomson Locations: Paris, France, Swiss, United States, Europe, China

Oct 26(Reuters) - Oct 26 (Reuters) - German chip equipment supplier Siltronic improved its sales outlook on Thursday based on stronger revenue expected in the fourth quarter, forecasting a less severe slump this year than previously feared. The company now expects sales to drop by up to 17% this year, versus a previously forecast fall of up to 19%. The provider of silicon wafers for the semiconductor industry reported a 26% drop in its third-quarter sales to 349 million euros ($368 million). "Siltronic delivered a good Q3 beating consensus estimates across the board despite the continued demand weakness as a result of the inventory correction at semi-manufacturers", says Jefferies' analyst Constantin Hesse. Despite the weakened demand, Q4 sales are expected to be better on a quarterly basis indicating a potential low point in Q3, he added.

Persons: Siltronic, Jefferies, Constantin Hesse, Paolo Laudani, Rachel More, Toby Chopra Organizations: Thomson Locations: Frankfurt, Gdansk

☆ Romania bolsters defences to stop Ukraine war crossing NATO threshold
▼ + stars: | 2023-09-29 | by ( Luiza Ilie | Thomson Reuters | Bucharest-Based General News Reporter Covering A Wide Range Of Romanian Topics Elections | ) www.reuters.com time to read: +5 min

[1/2] A view shows a building of Ukraine's Black Sea Danube shipping company destroyed during a Russian drone strike, amid Russia's attack on Ukraine, in Izmail, Odesa region, Ukraine August 2, 2023. In November last year, a missile hit southern Poland killing two people and prompting a brief security scare, although it was later determined that Ukrainian air defences were to blame. Among the targets were the Ukrainian ports of Izmail and Reni, both of which lie across the Danube from Romanian soil. "They (Russian drones) fly at very low altitudes, sometimes less than 200 metres (above ground) ... they are built in such a way that least reflects radar waves," he said. In July, when the Danube bombing campaign began in earnest, Russians had more targeted success because Ukraine had not set up extensive air defence systems in the area.

Persons: Nina Liashenko, Reni, Tudor Cernega, Jens Stoltenberg, Constantin Spinu, Cernega, Andrew Gray, Mike Collett, Philippa Fletcher Organizations: REUTERS, NATO, Local, Reuters, Thomson Locations: Russian, Ukraine, Izmail, Odesa, Romania, Moscow, BUCHAREST, Poland, Ukrainian, Russia, Romanian, Plauru, Ceatalchioi, U.S, ROMANIA, Kyiv, Brussels

☆ Tupac, Cocaine, Murder: Henchmen Brothers, Hip-Hop's Forgotten Moguls
▼ + stars: | 2023-09-17 | by ( David Kushner | ) www.businessinsider.com time to read: +39 min

Mario called Tupac. All he could do was listen to her cry as he explained that he didn't know when he'd be back. He didn't speak Spanish, didn't know a soul in Mexico, and had no clue where he would be sent. Mario didn't ask why, and the guy didn't inquire about Mario's predicament. "It's all good, man," Mario told Jimmy.

Persons: Mario Rosemond, Rosemond, Jimmy, Mario, Akon, Sean Kingston, Gucci Mane, Jimmy Rosemond —, Lowell, Lodi Mack, Fletcher, Tupac Shakur, Tupac, Biggie Smalls, Jimmy Rosemond, Saul Goodman, Tommy Davis, Mario stammered, It's, Jimmy Jr, Andrea, Constantin, Johnny Nunez, Rikers, —, Slick, Russell Simmons, Benny Medina, Lyor Cohen, Chris Lighty, Mona Scott, Mark Sparks, Shoop, Paul Bergen, Bryce Wilson, Wilson, Mohammed, Tef, Stewart, Little Shawn, Puff Daddy, Pac, Freddie Moore, Moore, Al Pereira, would've, Jimmy wasn't, They'd, didn't, Jimmy didn't, —, Mike Tyson, Lennox Lewis, Wyclef Jean, Garland, Cyrus, THONY BELIZAIRE, Mariah Carey, LL, Missy Elliott, Cent, Tef Stewart, Jimmy Rosemond Jr, Jimmy Sr, Khalil Abdullah, Jimmy Iovine, determinedly, DJ Skee, Mario couldn't, Mario chuckles, he'd, GummyBone, Mario didn't, I'm, freckling, he's, isn't, I've, Jim Brown, Michael K, Williams, Donald Trump, Arturo Holmes, Scott Olson, Trump, Brown, James Rosemond Jr, David Kushner Organizations: FBI, Entertainment, Justice Department, Bronx ., Quad Studios, AP, grandad, Wall, Black Panthers, Junior Mafia, Hollywood, Haiti, Management, Apollo, Lowell, Racing, Interscope Records, Interscope, Feds, Department of Motor Vehicles, DMV, Colombian, York Post, Drug, Administration, NFL, Trump, Stone, Atari Locations: Mexico, Haiti, Brooklyn, Bronx, Cuernavaca, Spanish, Rahway , New Jersey, Port, New York City, Vanderveer Estates, East Flatbush, Rikers, Islam, Miami Beach, New York, New Jersey, East Coast, West Coast, Plainfield , New Jersey, Brandy, Los Angeles, Czar's, Harlem, LA, California, Beverly Hills, San, Tijuana, Mexico City, Colombian, San Diego, Manhattan

☆ Put a Louvre Masterpiece on Your Wrist
▼ + stars: | 2023-08-09 | by ( Nazanin Lankarani | ) www.nytimes.com time to read: 1 min

The enameled dial of a new custom watch by Vacheron Constantin depicts grimacing soldiers and their lunging horses, all engaged in deadly combat. Unveiled in May, it is the Swiss watchmaker’s reproduction of “The Fight for the Standard” from the “Battle of Anghiari,” a 1603 drawing by the Flemish artist Peter Paul Rubens that is kept — behind the scenes, and viewable by appointment — in the Department of Graphic Arts of the Louvre in Paris. “This timepiece is the first in a new program called ‘A Masterpiece on the Wrist’ we have developed with the Louvre,” Christian Selmoni, the watch brand’s director of style and heritage, wrote in an email. “We invite clients to choose from a catalog of works defined with the museum, and we will reproduce the artwork on the dial of a unique watch.”

Persons: Vacheron Constantin, grimacing, Peter Paul Rubens, —, ” Christian Selmoni, “, ” Organizations: of Graphic Arts, Louvre Locations: Swiss, Anghiari, ”, Flemish, Paris

☆ How 'Birkin Bandit' George Mickum Infiltrated NYC Society
▼ + stars: | 2023-07-12 | by ( Kate Taylor | Anna Silman | ) www.businessinsider.com time to read: +52 min

"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.

Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, —, Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine

There are plans to open the Olari Cultural Center, a new institution on Olari Street, in September. It will showcase Horezu ceramics, host conferences and present demonstrations by potters. The cultural center was paid for by the town of Horezu and the Romanian government. Olari Street is about a 10-minute drive from the entrance to town, which is crowded with souvenir shops. Many hawk ceramics from Bulgaria that tourists mistake for local pottery, said Laurentiu Pietraru, 52, a potter and shop owner in Horezu who sells ceramics made in the town for about $2 to $54.

Persons: Constantin Popa, Georgeta Popa, ” Tim Curtis, Daniela Ogrezeanu, Nicolae Sardarescu, Laurentiu Pietraru Locations: Horezu, Romanian, Bulgaria

[1/2] Andrew Tate and Tristan Tate are escorted by police officers outside the headquarters of the Bucharest Court of Appeal, in Bucharest, Romania, February 1, 2023. Inquam Photos/Octav Ganea via REUTERSBUCHAREST, March 31 (Reuters) - Social media personality Andrew Tate will be moved to house arrest on Friday evening after a Romanian court overturned prosecutors' request to keep him in police custody until late April, his lawyer said on Friday. Earlier this week, the same Bucharest court of appeals denied the Tate brothers' request to be released on bail. In previous rulings that extended their stay in police custody, judges have said the Tate brothers posed a flight risk and that their release could jeopardise the investigation. Prosecutors have said the Tate brothers recruited their alleged victims by seducing them and falsely claiming to want a relationship or marriage.

☆ Fact Check-Video does not show Romanian army entering Moldova
▼ + stars: | 2023-03-03 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video of Romanian tanks rolling along a street has been shared online accompanied by a false claim that it shows Romania’s army entering Moldova. “New footage of Romanian army entering Moldova,” said one Twitter user sharing the footage on Feb. 25 (here ). Gen. Constantin Spinu, the Romanian Ministry of National Defence (MoND) spokesperson, said that claims of Romania moving military equipment to the Moldovan border were false. Other videos posted on social media that show the rehearsals in Alba Iulia also show a procession of five tanks, as seen in the shorter clip (here ) (here ). The video was filmed in Alba Iulia, hundreds of kilometres away from Moldova, and the defence ministry says it was likely taken during rehearsals for Romania’s National Day.

☆ Why now may be a good time to buy a used Rolex — if you plan to keep it
▼ + stars: | 2023-02-17 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Prices for pre-owned Rolex watches have been on the slide for almost a year after posting record highs. The biggest reason for the price decline, analysts say, was a surge of additional watches to the market. Watch prices quickly followed suit, entering a months-long decline that is only now beginning to show signs of leveling off. But the tumbling price of used luxury watches like Rolex, Audemars Piguet, and Patek Philippe can also be explained by a simple economics principle: supply arriving to meet demand. "The price correction was mainly driven by the increase in supply," wrote Morgan Stanley equity analyst Edouard Aubin and colleagues.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/watches-rolex-hermes-omega-vacheron-constantin-longines-blancpain-bulgari-11675460072

☆ Fact Check-Footage of Tate brothers leaving Romanian anti-organized crime unit predates their December arrest
▼ + stars: | 2022-12-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Video showing Andrew and Tristan Tate walking out of the headquarters of Romania’s Directorate for Investigating Organized Crime and Terrorism (DIICOT) dates back to at least April 12, 2022. Pointing to a recent report by Romanian outlet Digi 24 about the brothers’ arrest on Dec. 29, which included undated b-roll footage, social media users falsely claimed that the ex-kickboxer and his brother were no longer detained. Examples of users misrepresenting the footage in the newscast are viewable on Twitter (here) and Facebook (here). “Andrew and Tristan Tate were NOT released tonight,” Constantin wrote via email on Dec. 30. Reuters previously addressed another months-old video being circulated as recent in relation to the Tate brothers’ arrest (here)VERDICTMissing context.

The Securities and Exchange Commission has charged seven social media influencers with securities fraud, saying Wednesday that they were part of a $100 million scheme to use social media platforms Twitter and Discord, as well as podcasts, to manipulate the price of certain stocks. Discord is a private chatroom and messaging platform that is popular with gaming influencers and, more recently, financial influencers. According to the SEC, seven of the defendants promoted stocks to their hundreds of thousands of Twitter followers and in stock trading rooms on Discord since at least January 2020. They would then promote the stock to their followers and inflate the share price, announcing price targets and teasing upcoming news about the company. Those stocks are often ripe for manipulation because they receive less attention and have lower trading volumes.

☆ DOJ and SEC charge social media influencers in alleged $100 million stock pump and dump scheme
▼ + stars: | 2022-12-14 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., May 12, 2021. The influencers allegedly gained a profit by pumping the stock prices and then selling once they rose, earning about $100 million in total, the SEC claims. The seven charged with securities fraud used the social media platforms to manipulate exchange-traded stocks in a scheme going back to at least January 2020, the SEC alleged. The SEC alleged Knight also traded with the other defendants and saw profits from the scheme. Some of the defendants' Twitter bios include disclaimers at least as of Wednesday that appear to try to mitigate their legal risks.

☆ Curţi de bloc modernizate la Orhei
▼ + stars: | 2021-07-09 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Primăria municipiului Orhei a încheiat modernizarea a încă două curţi comune pentru zece blocuri. Drumul era foarte rău, foarte rău, bortă în bortă, ca în Chişinău cum arată, aşa era la noi. " Primarul municipiului Orhei, Pavel Verejanu, ales din partea Partidului "ŞOR", spune că, în acest an, autorităţile municipale îşi propun să reabiliteze 12 curţi de bloc. Până acum au fost amenajate circa 60, mai avem circa 40-45 de curţi în municipiul Orhei", a spus Pavel Verejanu. Din 2016, când a fost lansat acest program, în Orhei au fost reparate peste 50 de curţi de bloc.

Persons: Boris, Constantin Negruzzi, Pavel Verejanu Organizations: Partidului Locations: Orhei, bortă, Chişinău, glod

☆ Curţi de bloc modernizate la Orhei. Copiii se pot bucura și de terenuri de joacă moderne
▼ + stars: | 2021-07-09 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Primăria municipiului Orhei a încheiat modernizarea a încă două curţi comune pentru zece blocuri. Drumul era foarte rău, foarte rău, bortă în bortă, ca în Chişinău cum arată, aşa era la noi. " " S-a făcut un drum de calitate bună, faţă de precedentul care era foarte rău, mizerie, glod, şi aşa mai departe. Până acum au fost amenajate circa 60, mai avem circa 40-45 de curţi în municipiul Orhei", a spus Pavel Verejanu. Din 2016, când a fost lansat acest program, în Orhei au fost reparate peste 50 de curţi de bloc.

Persons: Boris, Constantin Negruzzi, Pavel Verejanu Organizations: Partidului Locations: Orhei, bortă, Chişinău, glod

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