DIRS.INFO The most relevant business & tech news

☆ Opinion | Why Richard Serra’s Art Will Outlive Us All
▼ + stars: | 2024-04-06 | by ( Anders Nilsen | ) www.nytimes.com time to read: 1 min

Why Richard Serra’s Art Will Outlive Us AllAnders Nilsen is the author of the graphic novels “Big Questions,” “The End” and the forthcoming “Tongues,” among others.

Persons: Richard Serra’s, Will Outlive, Anders Nilsen, ”

☆ When Richard Serra’s Steel Curves Became a Memorial
▼ + stars: | 2024-03-28 | by ( Jason Farago | ) www.nytimes.com time to read: +1 min

After the yelling, the hearings, the lawsuit, the dismantlement, Richard Serra entered the last decade of the last century with his mind cast toward the classics. The American sculptor, who died Tuesday at 85, got caught up in the Reagan-era culture wars with “Tilted Arc,” a 120-foot plate of curved Cor-Ten steel that sliced across Manhattan’s Federal Plaza. The work was finally removed — in Serra’s estimation, destroyed — in March 1989. “The central space is simply a regular ellipse, and the walls that surround it are vertical,” he would later recall. “I walked in and thought: what if I turn this form on itself?”

Persons: Richard Serra, Reagan, Yorkers, Street, San Carlo alle Quattro, Francesco Borromini that’s, “ Organizations: San Carlo Locations: American, Italy, Rome, San

☆ For Richard Serra, Art Was Not Something. It Was Everything.
▼ + stars: | 2024-03-27 | by ( Michael Kimmelman | ) www.nytimes.com time to read: +1 min

When Richard Serra died yesterday, I flashed back nearly 30 years to a morning at the Metropolitan Museum of Art, looking with him and with his wife, the German-born art historian Clara Weyergraf, at Jackson Pollock’s splash and drip painting from 1950, “Autumn Rhythm.”We had decided to meet as soon as the museum opened, when the gallery, at the far end of the Met, would still be empty. Taking in the painting, Serra had the air of a caged lion, pacing back and forth, moving away, to see it whole, then back in to inspect some detail. “We evaluate artists by how much they are able to rid themselves of convention, to change history,” he said. For him, art was all or nothing. Of course he wasn’t alone in his thinking among American artists of his generation, the offspring of postwar American power and arrogance, of titans like Pollock.

Persons: Richard Serra, Clara Weyergraf, Jackson, Serra, ”, Pollock Organizations: Metropolitan Museum of Art Locations: German

☆ Richard Serra, master of large-scale sculpture, dies aged 85
▼ + stars: | 2024-03-26 | by ( Oscar Holland | ) edition.cnn.com time to read: 1 min

CNN —Artist Richard Serra, whose monumental abstract sculptures transformed museums, public parks and even entire landscapes, has died aged 85. The American sculptor died from pneumonia at his home in New York on Tuesday, his lawyer John Silberman told the New York Times. Across his six-decade career, Serra established himself as one of the most celebrated artists in postwar America. Working primarily with steel — often twisted into evocative shapes and oxidized to achieve a distinctive deep orange palette — Serra was known for large-scale sculptures designed not only to be observed but to be explored, experienced and felt. His site-specific creations, whether carved into a grassy field or permanently installed in the Guggenheim Museum Bilbao, also invited viewers to engage with their surroundings in new ways.

Persons: Richard Serra, John Silberman, Serra Organizations: CNN, New York Times, Guggenheim Museum Bilbao Locations: American, New York, America

☆ Richard Serra, Who Recast Sculpture on a Massive Scale, Dies at 85
▼ + stars: | 2024-03-26 | by ( Roberta Smith | ) www.nytimes.com time to read: +1 min

The cause was pneumonia, John Silberman, his lawyer, said. Mr. Serra’s most celebrated works had some of the scale of ancient temples or sacred sites and the inscrutability of landmarks like Stonehenge. But if these massive forms had a mystical effect, it came not from religious belief but from the distortions of space created by their leaning, curving or circling walls and the frankness of their materials. This was something new in sculpture; a flowing, circling geometry that had to be moved through and around to be fully experienced. Mr. Serra said his work required a lot of “walking and looking,” or “peripatetic perception.” It was, he said, “viewer centered”: Its meanings were to be arrived at by individual exploration and reflection.

Persons: Richard Serra, John Silberman, Serra’s, Serra Locations: Orient, Long

BERLIN (AP) — The head of the jury at the 74th Berlin International Film Festival pushed back on political questions as the festival kicked off on Thursday, seeking instead to shift the focus to the tough selection ahead for the best movie. ... We are having robust conversations.”Nyong'o is the Berlinale’s first Black jury president and said she felt greatly honored to lead this year’s jury. One question she could not avoid was about the far-right Alternative for Germany party, or AfD, which the organizers last week uninvited to the opening gala. Five AfD politicians had been expected to attend since members of all parties in Berlin’s state legislature are invited to events supported with public money. German director Christian Petzold appeared critical about the decision to uninvite the AfD politicians.

Persons: ”, Cillian Murphy, “ It’s, Lupita Nyong'o, ” Nyong'o, Nyong'o, Christian Petzold, Berlinale, Jasmine Trinca, Petzold, Mati Diop, Abderrahmane Sissako, emigrates, Trinca, Brady Corbet, Ann Hui, Albert Serra, Oksana Zabuzhko Organizations: BERLIN, Berlin, Kenyan, Germany Locations: Mexican, Israel, Gaza, Ukraine, Berlin’s, Germany, Italian, French, Senegalese, Dahomey, Benin, West Africa, Mauritian, Ivorian, China, Africa, Berlin

BERLIN (AP) — The 74th Berlin International Film Festival opens Thursday with the world premiere of “Small Things Like These” starring man of the moment Cillian Murphy. Festival directors Mariette Rissenbeek and Carlo Chatrian, who will step down after this year, expressed their aim for “open dialogue” surrounding the war. The duo’s previous film, “Ballad of a White Cow,” premiered in competition in Berlin in 2021. Kenyan-Mexican actor Lupita Nyong’o will serve as the Berlinale’s first black jury president at this year’s festival. Isabelle Huppert will return to Berlin to collect her unclaimed lifetime achievement from 2022, when the French acting icon could not attend.

Persons: Cillian Murphy, Murphy, “ Oppenheimer, ”, “, Blinders, Tim Mielants, Eileen Walsh, Michelle Fairley, Emily Watson, Magdalene laundries, Mariette Rissenbeek, Carlo Chatrian, ” It’s, haven’t, Ayo Tsalithaba, Suneil Sanzgiri, Maryam Moghaddam, Sanaeeha, Berlinale, AfD’s, Kristin Brinker, Lupita Nyong’o, Brady Corbet, Jasmine Trinca, Ann Hui, Christian Petzold, Albert Serra, Oksana Zabuzhko, Kristen Stewart, Adam Sandler, Stephen Fry, Lena Dunham, Marvel’s Sebastian Stan, Martin Scorsese, Golden Bear, Isabelle Huppert, Hong Sang Organizations: BERLIN, Berlin, West Bank, Palestinian, Germany, Kenyan Locations: Ireland, Gaza, Germany, Israeli, American, Israel, Tehran, Berlin, Berlin’s, AfD’s Berlin, Mexican, Ukrainian, Czech, Poland, French, South Korean

☆ Javier Milei, a Self-Described Anarcho-Capitalist, Is Elected President of Argentina
▼ + stars: | 2023-11-19 | by ( Kejal Vyas | Silvina Frydlewsky | ) www.wsj.com time to read: 1 min

Javier Milei at a polling station in Buenos Aires on Sunday. Photo: Anita Pouchard Serra/Bloomberg NewsBUENOS AIRES—Javier Milei, a libertarian political outsider who pledged to flatten Argentina’s political establishment, was elected president Sunday in a major shift for a country buffeted by one of the world’s highest rates of inflation and mounting poverty after years of populist rule. Milei, a 53-year-old congressman, took 56% of the vote to 44% for Economy Minister Sergio Massa with 88% of the ballots counted, the National Electoral Directorate said.

Persons: Javier Milei, Anita Pouchard Serra, Sergio Massa Organizations: Sunday, Bloomberg News BUENOS AIRES, Economy, Electoral Locations: Buenos Aires

☆ Robert Pattinson reveals he slept on an inflatable boat for months
▼ + stars: | 2023-11-16 | by ( Issy Ronald | ) edition.cnn.com time to read: +1 min

CNN —Robert Pattinson’s Batman has not yet used the Batboat in his adventures, but the British actor said that he previously made use of another multifunctional boat – an inflatable one that he used for sleeping, sitting and eating on. “There was a time when the only piece of furniture I had for about six months was an inflatable boat that would double as my couch, bed, and dining table,” he told Architectural Digest in an interview published Wednesday. Featuring two rounded arms that jut out like giant earlobes, the sofa is covered in a white linen velvet with a base of pink onyx that matches drink trays in the arms. The design originated from Pattinson’s sketches of furniture he thought “would make people interact in a playful and informal way,” he told Architectural Digest. “They all had disproportionate, oversized elements that were quite fun,” he said.

Persons: Robert Pattinson’s Batman, ”, “, ” Pattinson, Nicole Gordon, Gordon, Andrea Cadioli, Claudia Bracamontes, Chen, Pattinson, Willem de Kooning, Richard Serra’s, Julie Mehretu Organizations: CNN Locations: British, New York

SACRAMENTO, Calif. (AP) — An eight-foot-tall bronze statue of a late Native American leader known for preserving cultural dances now stands surrounded by trees in a historic park outside of California's state Capitol building, replacing a statue of a Spanish missionary that protesters toppled it in 2020. “Finally, the California Indian people will have a monument here on the Capitol grounds for all those visiting to know that we are still here,” said Assemblymember James C. Ramos, the first Native American in the state Legislature. Newsom has also signed laws to promote the teaching of more Native American history in schools and to remove a derogatory slur from sites across the state. The new statue comes after racial justice protesters in 2020 tore down a decades-old statue of Junípero Serra, an 18th century Catholic priest and missionary who has been criticized for destroying Native American tribes and cultures. Montana also passed a law in 2019 to install a monument on state Capitol grounds to recognize the contributions of Native Americans.

Persons: William J, Franklin, ”, Assemblymember James C, Ramos, “, Gavin Newsom, Newsom, Junípero Serra, Serra, Robert E, Lee, Charlottesville , Virginia —, George Floyd's, Jesus Tarango, ” Tarango, Robert Rivas, Andrew Franklin, Grandpa Bill ”, “ We've, ___ Sophie Austin, @sophieadanna Organizations: Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California's, Spanish, California, Sr, American, Charlottesville , Virginia, Wilton Rancheria, Sacramento County, Montana, Sacramento . Franklin, Southern California

☆ Hamas was 'laying a trap' for Israel by attacking, and is goading it to invade Gaza: Ex-MI6 chief
▼ + stars: | 2023-10-12 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

A former UK intel chief said Hamas "laid a trap" for Israel. He said the militant group was provoking Israel to invade Gaza. AdvertisementAdvertisementAttacks by the Hamas militant group were likely a ploy to lure Israel into a costly ground invasion of Gaza, the former head of Britain's MI6 spy agency said. Roberto Serra - Iguana Press/Getty Images"And it's really obvious now that Hamas are essentially laying a trap for Israel," said Younger. There are fears the conflict could expand if Israel invades Gaza, and Iran-backed militia Hezbollah could launch attacks on Israel from Lebanon.

Persons: —, Israel, Alex Younger, Sir Alex Younger, Roberto Serra, ", Benjamin Netanyahu Organizations: intel, Hamas, Service, Gaza, UK Intelligence Service MI6, Palace, Iguana Press, Hezbollah Locations: Israel, Gaza, Trento, Trentino, Italy, Iran, Lebanon

This was not a WWE wrestling show, but the 2023 presidential race in Argentina where political outsider Javier Milei is the leading candidate. Argentine presidential candidate Javier Milei for La Libertad Avanza coalition gestures next to Carolina Piparo, candidate for Governor of the Province of Buenos Aires, during a campaign rally in La Plata, Buenos Aires on September 12. Milei is presenting himself as the candidate of renewal – an offer that clearly struck a chord with people in the primary vote. “I’ll vote for Milei because I think he’ll change things,” says Eduardo Murchio, a taxi driver in Argentina’s capital Buenos Aires. A worker receives Argentine peso banknotes in a shop in Buenos Aires on Sept. 26, 2023.

Persons: “, Javier Milei, –, ”, Donald Trump, Jair Bolsonaro, Carolina Piparo, Agustin Marcarian, Trump, Milei, Milei’s, Eduardo Murchio, “ I’m, it’s, Erica Canepa, Milton Friedman –, Javier Marcus, Marcus, dollarizing, Bolsonaro, Teresa Fria, Pope Francis, Pope, Satan ”, “ Pope Francis, Emiliano Lasalvia, Patricia Bullrich, Sergio Massa, Massa, Cristina Fernandez de Kirchner, Bullrich, Anita Pouchard Serra, Claudio Jacquelin, Facundo Nejamkis Organizations: CNN, WWE, Argentine, La Libertad, National Institute of Statistics, Reuters, Bloomberg, Getty, Rosario National University, Trump, Catholic, CIA, Milei, Unity, Homeland, La, Español Locations: Argentina, Mar del Plata, Argentine, Carolina, Province of Buenos Aires, La Plata, Buenos Aires, Latin America, Ecuador, El Salvador, Panama, AFP, Argentina's

CNN —Moscow’s forces have started covering some of their attack aircraft with car tires, in what experts say could be a makeshift attempt to protect them from Ukrainian drone strikes that have had increased recent success in targeting Russian military airports. Satellite imagery from Maxar of Engels Airbase, deep inside Russia, shows two Tu-95 strategic bombers with car tires on top of the airframes. The move may have limited effect, according to Francisco Serra-Martins of drone manufacturer One Way Aerospace whose drones have been used by Ukrainian forces. A satellite image shows car tires on a Russian aircraft. Video Ad Feedback Both Russia and Ukraine are using drones.

Persons: CNN —, Francisco Serra, Martins, ”, Steffan Watkins, CNN Watkins Organizations: CNN, Aerospace, Ukrainian, Maxar Technologies, NATO Locations: Engels Airbase, Russia, Russian, Ukraine, Moscow, Pskov, Estonian

"It is the tip of the iceberg publicly of what we used to see privately," Veronica Boquete, who captained Spain at their first World Cup in 2015, told Reuters. In the case of football, the women's team's efforts to combat sexism and achieve parity with their male peers date back nearly a decade. Boquete led a mutiny seeking the resignation of coach Ignacio Quereda after a woeful performance at the 2015 World Cup, the only one his teams reached in nearly three decades. Quereda resigned in 2015 in a statement issued by the federation making no reference to the players' mutiny. Boronat, who interviewed Spain's leading female players for her book "Don't Call Them Girls, Call Them Footballers", said players accused Vilda of micromanaging, such as instructing senior players what to say in interviews.

Persons: Jennifer Hermoso, Jenni, Luis Rubiales, Jenni Hermoso, Veronica Boquete, Boquete, Ignacio Quereda, Quereda, Roser Serra, Mar Prieto, Prieto, Jorge Vilda, Danae Boronat, Spain's, Vilda, Berta Collado, Enrique Cerezo, Carlota Planas, Planas, Boronat, Fernando Kallas, Charlie Devereux, Emma Pinedo, Aislinn Laing, Andrew Cawthorne Organizations: Soccer Football, America, FC Barcelona, Estadio Azteca, Club America, FIFA, MADRID, Spanish, Spain, Reuters, Quereda, men's, Atletico Madrid, Unik Sports Management, Regional, Thomson Locations: Mexico City, Mexico, Spanish, Spain, Cerezo

☆ Ferrari's Vasseur says he talks to Hamilton at every race
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +2 min

Aug 15 (Reuters) - Ferrari team boss Fred Vasseur has spoken about his friendship with Lewis Hamilton as Formula One waits for the seven-times world champion to sign a new contract with Mercedes. Hamilton won Formula Three and GP2 (now Formula Two) championships with Vasseur's ART team in 2005 and 2006 before making a spectacular Formula One debut with McLaren in 2007. Hamilton, 38, was linked to Ferrari in paddock speculation earlier this year but the Briton has been clear he wants to stay at Mercedes. Vasseur said Ferrari's Charles Leclerc and Carlos Sainz could do better, as could the team as a whole in a so-far underwhelming season. "When I was at Renault, for certain changes you had to wait for the executive committee to meet, days and days went by.

Persons: Fred Vasseur, Lewis Hamilton, Vasseur, Italy's, Hamilton, Ferrari's Charles Leclerc, Carlos Sainz, Red Bull, Leclerc, Charles didn't, Carlos, Ferrari, Loic Serra, Frenchman, Alan Baldwin, Pritha Sarkar Organizations: Ferrari, Mercedes, Hamilton, Formula Three, GP2, Vasseur's ART, McLaren, Italy's Gazzetta dello Sport, Briton, Renault, Thomson Locations: Qatar, Austin, Maranello, Bologna, London

☆ Brice Marden, painter revered for his distinctive approach to abstraction, dies at 84
▼ + stars: | 2023-08-11 | by ( Wallace Ludel | ) edition.cnn.com time to read: +6 min

CNN —Brice Marden, the abstract painter known most widely for his long, winding calligraphic mark-making that stood out against monochromatic backgrounds, has died aged 84. His death was confirmed to CNN by Gagosian, the New York gallery that represented him, via email on Thursday. "Uphill with Center" (2012-15) by Brice Marden. It’s just been an extra thing to think about.”Marden was born October 15, 1938 in Westchester County, just north of New York City. "Cold Mountain 6 (Bridge)" (1989-91) by Brice Marden.

Persons: CNN — Brice Marden, Larry Gagosian, “ Brice Marden, Marden’s, Helen —, —, Brice Marden, Marden, “, ”, ” Marden, Alex Katz, Jon Schueler, Richard Serra, Chuck Close, Celmins, Nancy Graves, Pauline Baez, Joan Baez, Jasper Johns, Johns ’, Édouard Manet, Francisco Goya, Francisco de Zurbarán, Johns, Bob Dylan, Pete Seeger, Nicholas, Helen Marden, Dorothea Rockburne, Robert Rauschenberg, Matthew Marks, Rosetta Stone Organizations: The Art, CNN, Gagosian, New York Times, Memorial Sloan Kettering, Boston University, Yale, Fine Arts, Rauschenberg Foundation, Jewish Museum, New Locations: New York, Tivoli , New York, Gagosian, Westchester County, New York City, American, Kansas City, Midtown Manhattan, Greece, Maryland

☆ Europe Is Embarking on a Mining Renaissance. Winning Over Locals Is Proving a Challenge.
▼ + stars: | 2023-08-10 | by ( Yusuf Khan | ) www.wsj.com time to read: +12 min

“It’s definitely a [mining] renaissance,” said Rebecca Campbell, global mining and metals lead at law firm White & Case. “We’re trying to foster a permitting landscape that is both efficient and responsible.”In Europe, the mining renaissance comes after years of nearly no new mining activity on the continent. Left: A layer of spodumene within the host rock that Savannah Resources intends to mine. Savannah Resources, which has set up two offices in the municipality, has said it would strictly avoid that and instead build reservoirs to store rain water. That view is echoed by Savannah Resources.

Persons: COVAS, Portugal —, Barroso, BEL, mina ”, ”, Nelson Gomes, Covas, Alex Gorman, “, Nelson, YUSUF KHAN, “ It’s, Rebecca Campbell, ” “, Jayni Hein, Hein, “ We’re, Peel Hunt’s Gorman, Dale Ferguson, Gomes, Jessica Polfjärd, Polfjärd, Ana Fontoura Gouveia, Fontoura, ” Fontoura, Yusuf Khan Organizations: COVAS DO BARROSO, Associação, Peel, Vulcan Energy Resources, Adriatic Metals, White, Covington, Burling, Environmental, Council, Savannah Resources, Sustainable Business, Sweden’s Moderate Party, Serra Locations: Portugal, Porto, Boticas, Covas, It’s, Europe, Germany, Sweden, Bosnia, Finland, Greece, U.S, Savannah, London, spodumene, Serbia, China, yusuf.khan

☆ Brice Marden, Who Rejuvenated Painting in the 1960s, Dies at 84
▼ + stars: | 2023-08-10 | by ( William Grimes | ) www.nytimes.com time to read: +2 min

While in Boston, he became immersed in the city’s folk music scene and married Pauline Baez, the older sister of the singer Joan Baez. In addition to Helen Marden, his second wife, he is survived by a son from his first marriage, Nicholas; two daughters from his second marriage, Mirabelle and Melia Marden; a younger sister, Mary Carroll Marden; and two grandchildren. After receiving a master’s degree in fine arts in 1963, Mr. Marden moved to New York. His first monochromatic panels were exhibited in 1964 at Swarthmore College and, soon after that, at the Bykert Gallery. And this was my way of thinking, well, there are things that haven’t been done,” he told Mr. Cooper of the National Gallery.

Persons: Pauline Baez, Joan Baez, Helen Marden, Nicholas, Mirabelle, Melia Marden, Mary Carroll Marden, Michael, Marden, Nancy Graves, Chuck Close, Richard Serra, Frank Stella, “, ”, Harry Cooper, Robert Indiana, Jasper Johns, Robert Rauschenberg, Cooper Organizations: Yale, Yale University School of Art, National Gallery of Art, Mr, Chiron Press, Jewish Museum, Swarthmore College, “ Locations: Boston, Norfolk, Conn, Washington, New York

☆ Hotel Corazon Wants to Host Your Hot Girl Summer
▼ + stars: | 2023-06-22 | by ( Elizabeth Paton | ) www.nytimes.com time to read: +1 min

The Serra de Tramuntana is a mountain range that runs along the northwestern edge of the island of Majorca, off the coast of mainland Spain. Its towering peaks and valleys are lined with ancient olive groves, lemon orchards and picturesque hilltop villages. The winding pathways that dot the rugged cliffs plunge through pine trees and goat herds to meet the Mediterranean Sea. In 2020, after she fell in love with the 18th-century finca next door, she and her husband, the Mexican artist Edgar Lopez Arellano, decided to turn their hands to hospitality. Hotel Corazon opened earlier this month, after more than two years of work by the couple alongside a team from Moredesign, a local architecture practice that’s a mainstay of glossy magazines like Architectural Digest.

Persons: Kate Bellm, Edgar Lopez Arellano, Hotel Corazon Organizations: Gucci, Hotel Locations: Tramuntana, Majorca, Spain, British, Deia, Mexican, Moredesign

Odey Asset Management "does not recognise the picture of the firm that has been painted" by the allegations, it told investors in a letter seen by Reuters. Within hours of the report being published, Wall Street firms including Goldman Sachs (GS.N), JPMorgan (JPM.N) and Morgan Stanley (MS.N) began reviewing their prime broking ties with Odey Asset Management, sources familiar with the matter told Reuters. "We are confident our service providers will continue to work with us," an Odey Asset Management letter said later. Industry experts consulted by Reuters said that did not necessarily indicate a major change in culture in the City, however. A London employment tribunal last month awarded a former Algebris employee over 32,000 pounds in a sex harassment claim against the asset management company.

Persons: Crispin Odey, Odey, Goldman Sachs, Morgan Stanley, MS.N, Schroders, Evan Nierman, Megan Tobias Neely, Neely, retrained, Daniel Beunza, Davide Serra, Serra, Algebris, Yasmine Chinwala, Nell Mackenzie, Sinead Cruise, Naomi Rovnick, Dhara Ranasinghe, Rosalba O'Brien Organizations: Odey Asset Management, Financial Times, Tortoise Media, Reuters, Odey, Wall, JPMorgan, FT, Financial, Bayes Business, Labour Party, New, Thomson Locations: City, London, Britain, New York

☆ Fears mount that Europe's commercial real estate sector could be the next to blow
▼ + stars: | 2023-04-14 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

Investors are questioning the health of the commercial real estate sector following a string of recent banking crises. Mike Kemp | In Pictures | Getty ImagesConcerns are mounting around the health of Europe's commercial real estate market, with some investors questioning whether it could be the next sector to blow following last month's banking crisis. Analysts at Citi now see European real estate stocks falling by 20%-40% between 2023 and 2024 as the impact of higher interest plays out. In a worst-case scenario, the higher-risk commercial real estate sector could plummet 50% by next year, the bank said. Pere Vinolas Serra, chief executive of Spanish real estate company Inmobiliaria Colonial and chairman of the European Public Real Estate Association (EPRA), said the situation in Europe looks paradoxically strong.

☆ Sergio Ermotti returns as UBS CEO to steer Credit Suisse takeover
▼ + stars: | 2023-03-29 | by ( John Revill | ) www.reuters.com time to read: +5 min

[1/5] Sergio Ermotti, newly rehired CEO of UBS Group AG attends a news conference in Zurich, Switzerland March 29, 2023. "Sergio has already reduced risk and made the investment bank serve its clients and not its investment bankers as Credit Suisse did. Reuters GraphicsErmotti had earlier described the task of integrating UBS and Credit Suisse as "urgent and challenging". The Dutch executive was a notable absentee from the announcement of UBS's takeover of Credit Suisse on March 19. The next day, Hamers looked bleary eyed as he described the end of Credit Suisse as a "sad day" that nobody wanted.

Organizations: & $

☆ Ermotti returns to UBS to steer Credit Suisse takeover
▼ + stars: | 2023-03-29 | by ( John Revill | ) www.reuters.com time to read: +3 min

He takes charge weeks after UBS bought rival Swiss bank Credit Suisse in a shotgun merger engineered by Swiss authorities to stem turmoil after Credit Suisse ran aground. "Sergio has already reduced risk and made the investment bank serve its clients and not its investment bankers as Credit Suisse did. HAMERS HANDS OVER REINSErmotti said he was looking forward to integrating UBS and Credit Suisse. He was a notable absentee from the announcement of UBS's takeover of Credit Suisse on March 19. The next day, Hamers looked bleary eyed as he described the end of Credit Suisse as a "sad day" that nobody wanted.

Organizations: & $

☆ Brazil's monetary policy director leaves office amid government uncertainty over replacement
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

The central bank stated in a note that Serra's departure follows the end of his term on Feb. 28. The day after Serra's departure, the director of Economic Policy, Diogo Guillen, began temporarily accumulating his function, a common practice at the central bank until substitutions are made. Supervision director Paulo Souza, whose term also expired at the end of February, remains in his current position. Under a 2021 law granting formal autonomy to the central bank, Governor Roberto Campos Neto will remain in office until December 2024. Lula, who has criticized Campos Neto and the central bank for keeping interest rates high to combat inflation, will eventually replace all nine members of the bank's board, which decides monetary policy.

☆ A Locals’ Guide to Buenos Aires: The Buzzy Bars, Grills and Chic Shops That Insiders Love
▼ + stars: | 2023-03-24 | by ( Brigid Mander | Photographs Anita Pouchard Serra For The Wall Street Journal | ) www.wsj.com time to read: 1 min

But don’t mistake this cosmopolitan city for anything but itself: Argentina’s elegantly chaotic, unique and alive capital and cultural center. Its cultural attractions have only grown broader and richer in recent decades. Excellent distilleries now supplement the city’s appeal to wine lovers, and its art, design, fashion and literary scenes continue to push boundaries. Even its culinary traditionalists, famously obsessed with meat-centric parrillas, or grills, have made room for upscale vegetarian upstarts. One constant: the locals’ penchant for a crazy-fun night out.

Search resuls for: "Serra"

25 mentions found