TLA Entertainment Group

AMTD adding The Art Newspaper to its global media portfolio after L’Officiel

Retrieved on: 
Thursday, June 8, 2023

AMTD Group Inc. (“AMTD Group”), alongside with AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), together as “AMTD”, announced that an agreement to acquire The Art Newspaper globally was executed.

Key Points: 
  • AMTD Group Inc. (“AMTD Group”), alongside with AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), together as “AMTD”, announced that an agreement to acquire The Art Newspaper globally was executed.
  • The Art Newspaper has enjoyed its global reputation as the journal of record for the art world, and the leading voice of the art industry.
  • The Art Newspaper’s international network includes:
    The Art Newspaper International Edition, London and New York; founded in 1992; The Art Newspaper Russia, Moscow, founded in 2012; The Art Newspaper China, Shanghai, founded in 2013; The Art Newspaper France, Paris, founded in 2018.
  • The latest addition to the network are The Art Newspaper Israel, founded in 2019 and The Art Newspaper Turkey, founded in 2023.

Commerzbank continues strong business performance – key targets confirmed

Retrieved on: 
Friday, November 11, 2022

Over the course of the third quarter, revenue momentum continued to increase driven by strong customer business and rising interest rates.

Key Points: 
  • Over the course of the third quarter, revenue momentum continued to increase driven by strong customer business and rising interest rates.
  • Thus, Commerzbank is well on track to reach the target of 207 billion by the end of the year.
  • Against the backdrop of a continued strong customer business and rising interest rates, Commerzbank increased its revenues by 12% to 7,098 million (9M2021: 6,353million) from January to September.
  • The Bank continues to target total costs at 6.4billion, although pressure from inflation continues to increase.