Frida Kahlo painting sells for US$54.7M, sets record
Frida Kahlo's self-portrait 'El sueño (La cama)' sells for US$54.7 million at auction, breaking the record for female artists. Discover the details of this historic sale.
Category : Search result: corporate auction
Verizon cutting 13,000 jobs in company reorientation
Verizon is eliminating more than 13,000 positions as the telecommunications giant works to reorient its entire business strategy. Get the latest details on this significant workforce reduction.
Canada plans looser bank rules to boost business loans
Canada's banking regulator, OSFI, proposes easing capital requirements for business and real estate loans to stimulate investment. Public consultation open for 90 days.
Starbucks sued by shareholders over sales decline
Starbucks must defend against a shareholder lawsuit alleging the company misled investors about its sales performance. The legal action follows a surprise decline in revenue.
Walmart makes largest NYSE to Nasdaq transfer in history
Walmart Inc., the world's biggest retailer, announces its historic move from NYSE to Nasdaq in the largest exchange transfer ever recorded. Learn the details and implications.
Canada loosens bank rules to boost business loans
Canada's banking regulator proposes easing capital requirements for business and real estate loans to stimulate investment and economic growth. Learn about the 90-day consultation.
Vendasta Wins Canada's Most Admired Corporate Culture 2025
Saskatoon's Vendasta earns 2025 Canada's Most Admired Corporate Culture award for its AI-driven workplace excellence and transformative impact on small business growth.
Prada heir Lorenzo Bertelli takes top role at Versace
Lorenzo Bertelli, Prada's marketing chief, is set to become executive chairman of Versace in a major luxury industry shift. Discover the strategic implications.
Frida Kahlo painting poised to break auction records
A rare Frida Kahlo self-portrait titled 'El sueño (La cama)' could set new auction records when it goes on sale. Discover the story behind this masterpiece.
Canada Scraps Greenwashing Rule for Climate Claims
Mark Carney's government proposes removing requirement for companies to back environmental claims with internationally recognized methodology, sparking greenwashing concerns.
Hudson's Bay art collection sells 27 paintings at auction
The historic Hudson's Bay art collection saw 27 paintings auctioned on November 19, including Sir Winston Churchill's 'Marrakech.' Discover the results and significance of this major Canadian art sale.
Rare Nazi Enigma Machine Sells for €482,600
A rare World War II-era Nazi Enigma encryption device fetches €482,600 at auction. Discover the historical significance of this cryptographic marvel that shaped wartime intelligence.
Novo Resources 2025 Sustainability Report Released
Novo Resources Corp. announces its 2025 Sustainability Report, detailing commitments to ethical governance, community development, and environmental protection in mining operations.
Companies Attribute Thousands of Job Cuts to AI Adoption
Major corporations like Lufthansa and ING are openly citing artificial intelligence as a reason for workforce reductions, signaling a shift in corporate transparency about AI's impact on employment.
Target profit falls 19% amid inflation pressures
Target's third-quarter profit tumbles 19% as inflation-squeezed shoppers reduce spending. The retailer expects sales slump to continue through holiday season while investing $5B in store remodels.
Barrick Leadership Overhaul Amid Breakup Talk
Barrick Gold Corp. announces a major management overhaul, with senior executives departing, as activist investor Elliott builds a stake and speculation about a potential breakup grows.
27 Hudson's Bay Items Auctioned Today
Discover the 27 historic Hudson's Bay items going to auction today, including Charles Pachter's 'Bay Watch' artwork. Don't miss this piece of Canadian heritage.
Hudson's Bay Company Art Collection Auction Today
The cream of Hudson's Bay Company's historic art collection goes on auction today, featuring Winston Churchill's 'Marrakech' and rare maritime paintings. Don't miss this piece of Canadian history!
Rare Klimt painting sells for record $236.4 million
Gustav Klimt's 'Portrait of Elisabeth Lederer' sells for US$236.4 million, becoming the most valuable Modern artwork ever sold at auction. Discover the details of this historic sale.
Maurizio Cattelan's Gold Toilet Up for Auction
A fully functional solid gold toilet by artist Maurizio Cattelan is set for auction at Sotheby's in New York. The provocative piece, titled 'America,' is valued at approximately $10 million.
GHD exceeds AUD 3 billion in revenue for 2025
Global professional services firm GHD achieves record AUD 3 billion revenue in 2025, with strong growth across Asia Pacific and Americas markets. Read the full financial breakdown.
BASF Canada: Top 100 Employer for 12 Years
BASF Canada has been recognized as one of Canada's Top 100 Employers for the 12th consecutive year, highlighting its exceptional workplace culture and employee benefits.
AI Fears Extend Wall Street Sell-Off, Home Depot Misses
Wall Street's sell-off continues amid AI sector doubts while Home Depot reports third consecutive profit shortfall. Market analysts warn of sustained volatility ahead.
Hudson's Bay Sells Churchill Painting in Art Auction
The bankrupt Hudson's Bay Company liquidates its fine art collection, featuring Winston Churchill's rare 'Marrakech' painting valued at $400,000-$600,000. Discover Canadian history through art.
Amazon's $12B Bond Sale Fuels AI Infrastructure Race
Amazon plans its first U.S. dollar bond sale in three years, seeking $12 billion to fund AI infrastructure, acquisitions, and share buybacks amid tech sector spending surge.
Samsung, Hyundai Reveal Investments After Trade Deal
Samsung Electronics and Hyundai Motor announce significant domestic investments following the recent U.S.-South Korea trade agreement. Learn how this deal impacts global business relations.
Germany cancels Holocaust artifacts auction after backlash
Germany cancels a controversial auction of Holocaust artifacts after facing significant public and institutional backlash. Learn about the ethical concerns and the decision's impact.
Massive UFO collection lands at Vancouver auction
An extensive UFO collection from California film producer Chris Wyatt has arrived in Vancouver for a public auction. The historic items include a rare 1947 Roswell Air Force Base yearbook.
Holocaust Survivors Protest German Auction of Artifacts
A Holocaust survivors organization demands a German auction house cancel the sale of historical artifacts, calling it a violation of memory and dignity. Learn about the ethical concerns.
Trump Buys $82M in Corporate and Municipal Bonds
Financial disclosures reveal President Trump purchased over $82 million in bonds, including investments in sectors benefiting from his administration's policies. Explore the potential conflicts of interest.
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