Sigh of Relief From the Nervous London Auctions
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Despite the shaky state of world financial markets, there are still plenty of people willing to spend millions of dollars to put Impressionist, Modern or contemporary art on their walls.
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The withdrawal of private equity  bidders from an auction for Australian retailer Coles Group  Ltd.  has underscored how the demands of increasingly  risk averse borrowers threaten some of the more debt-laden  deals.
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For some, it turned out that fairness in online auctions was going, going, gone. Three cases of phony bidding by sellers to inflate the price of art, sports memorabilia, even
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A month after its unpopular price hikes, the auction site seeks to smooth some ruffled business feathers. Also: Kuwait blocks radical websites to combat terrorism.... Google loses a legal round in France.... and more.
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Lower sell-throughs lead to unhappily high inventories.
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A string of bidders are vying to pay around $5bn (Â£2.6bn) for a chunk of prime real estate in Lower Manhattan.
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The most hyped new issue since Netscape chalked up a very tidy gain on its first day of trading. Peace reigns in the Valley ...
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More than 100 million pounds worth of impressionist and modern art changed hands Monday evening at a Christie's auction that kicked off a week packed with sales.
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eBay defies cynics, but the absence of sellers is troubling.
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Got a house to sell but worry about standing out from the competition?
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Traders are panicky. You should get greedy.
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A negative sensibility in London is generating a crackling positive charge in drama.
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LONDON Amid the wars, terror threats and other tremors rattling political capitals, the global economy and financial markets seem strikingly placid - at first glance, at least.
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Business & money: Â· Auction poses threat to established networksÂ· Ofcom wants spectrum from Vodafone and O2
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Investors took advantage of low prices today and started buying again, bringing sighs of relief to Asia.
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This just in from London: the U.S. subprime mortgage market is in a tizzy.
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Art is hot. Despite turmoil in the financial markets, there are no signs that the art market is softening. The fall auction season in New York saw robust prices across most categories, with postwar and contemporary works in particular going through the roof. It seemed like a new record was being shattered every time an art auction was held.