Investing and Global Finance News

Monthly Archives: October 2014

Barrett Wissman’s IMG Representing Artists Globally

Barrett Wissman is a businessman with a passion: to bring performing arts to the people. Under the auspices of his Los Angeles, California-based company IMG Artists, Wissman can do exactly that.

The idea behind IMG is to bring dance, theater, music and more to the maximum number of people while still maintaining the highest level of quality and taste. IMG represents over 500 artists and 200 specialists in 10 offices spread throughout five continents. From Los Angeles, California to Dubai in the United Arab Emirates and beyond, Barrett Wissman, through IMG, has organized performing arts festivals, spectacular fireworks displays, and innovative theater productions.

As explained by Gulf Elite, “Barrett Wissman has been leading a paradigm shift in performing arts monopoly. Shifting from conventional settings and trying to bring arts and music to new places, Barrett vowed to promote refined arts and world class performances as universal and borderless. Starting with a small performance in Tuscany in an abandoned 18th century opera house, the festival soon turned into the globally acclaimed “Tuscan Sun Festival”. Wissman’s genius was soon sought across the globe as he was asked to launch a festival in North California that turned to become the Napa Valley Festival del sole.”

Some of the festivals Barrett Wissman has brought to life are the world renowned Napa Valley Festival del Sole, Divino Tuscany, and the Tuscan Sun Festival. The festivals originally began as an idea. It was Wissman’s dream to bring world class, refined performance art to a larger audience. His dream took shape in a small Italian city with a modest performance in a300-year old, abandoned opera house. It didn’t take long for this beginning to morph into the Tuscan Sun Festival. As word of its success spread, Barrett Wissman was sought after to bring similar festivals to other venues.  In 2006 IMG Artists, together with a San Francisco lawyer established the Napa Valley Festival del Sole.

Tesla Offers Sweet Deal on Model S Leases

In another burst of “out-of-the-box” thinking, Tesla Chief Executive Elon Musk wrote in a blog on October 25 that customers leasing the company’s new Model S electric car will have the option of returning the car within 90 days and have the remainder of their lease obligation nullified. This offer is for purchasers of cars… Continue Reading

Business Leaders Delegation Endorses Improved US Trade with Sri Lanka

On October 17, 2014 the American and Ceylon Chambers of Commerce joined with the Ministry of Industry and Commerce to co-host a US-Sri Lanka Business Forum. The event took place in parallel with the 11th Trade and Investment Framework Agreement, known as TIFA, joint council meeting. Two business leaders, Anura Siriwardena, the Secretary from the… Continue Reading

French Telecom Company Backs Out of Deal to Buy T-Mobile

The third possible buyer in as many years decided not to jump into the purchase of T-Mobile US. The French affordable telecom operator Iliad SA stepped down from the deal, which was never formalized, when it faced resistance from T-Mobile’s majority owner Deutsche Telekom. Detutsche Telekom, according to a person familiar with the company’s mindset,… Continue Reading

As Economy Recovers Recession Mood Lingers

Despite data showing that the US economy grew at its fastest rate in eight years during the second quarter of 2014, Americans still believe that the country is still in the midst of a recession. The economy swelled during the Q2 at an annualized rate of 4.6 percent, duplicating the fastest quarterly growth since 2006.… Continue Reading