Bacon painting sells for 26 million pounds, just misses record
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A three-canvas painting by Francis Bacon sold in London for 26.34 million pounds (35.24 million euros, 51.68 million dollars) Wednesday, but narrowly missed out on a record for the artist at auction.
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A painting by Francis Bacon sells for Â£14m at Christie's in London, a record for the artist.
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Sotheby&#39;s Holdings Inc. set six artist records at its auction last night of Impressionist and Modern artwork, as a Paul Gauguin painting fetched $39.
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Interest rate perceptions send the UK pound to its highest level against the US dollar in 26 years.
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Business & money: Britain's best-known Indian food brand is being sold to Associated British Foods in a deal thought to be worth more than Â£100m.
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The pound hit another 26-year peak against the dollar on Tuesday, and the euro held close to a historic high point against the US unit as dealers bet on rising interest rates in Britain and the eurozone.
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Elton John has won 116,000 euros ($157,700) in damages and costs from a Paris art dealer who sold him sculptures supposedly dating from the 18th century that turned out to be fake, according to court papers.
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The UK pound climbs past the $2.10 level against the US dollar, the highest it has been in 26 years.
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A painting attributed to cult graffiti  artist Banksy fetched more than 200,000 pounds ($391,000) in an  online auction on Monday. Now the lucky owner will just have to  work out how to get it home.
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THE British art market has been booming for the past two decades. And, surely, its success has largely been achieved on the back of the Tate.
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Claude Monet's impressionist masterpiece Nympheas is sold at auction in London for Â£18.5m
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Impressionist art still brings out the big spenders, but a successful auction at Christie's on Wednesday pulled in &#36;92.5 million and showed that contemporary art sales are where the action.
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A painting by Italian Renaissance artist Raphael that had not been seen publicly for more than 40 years was sold at auction Thursday for $37.2 million.
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Oil giant Royal Dutch Shell reports record annual profits of Â£25.36bn (Â£12.94bn).
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A painting has sold for 1,700 times its maximum reserve price as the winning bidder believed it to be a self-portrait by 17th century Dutch artist Rembrandt, British media reported on Saturday.
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The sale broke the artistâs record and underlined the enduring market influence of the workâs latest owner, the collector Charles Saatchi.
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A Norman Rockwell painting found behind a fake wall sells for a record $15.4m (Â£7.9m) at auction.