Russia gives Â£1bn art show go-ahead
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Russian government says it will loan paintings from its museums for major London exhibition
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MOSCOW (Reuters Life!) - Russian art is gathering international attention and hefty price tags as the country's elite buy their motherland's masterpieces away from home.
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Money from the auction of Syd Barrett's belongings will go to educational developments in the art world.
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Russian authorities say a cancelled London exhibition of major Russian and French artworks should now go ahead.
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Russian officials handling the sale of a stake in oil giant Lukoil have set a opening price of $1.9bn (Â£1bn) for 7.6% of the company.
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Razia Iqbal explains why the Royal Academy's From Russia show is considered so important in the art world.
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Arts & entertainment: Royal Academy in London struggling to save  exhibition after Russia withdraws loans of paintings
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Britain may have only two weeks to save a major Russian art exhbition in London from being cancelled, a representative of Moscow's Tretyakov Gallery said Sunday, Interfax news agency reported.
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Media group Emap has agreed to sell its trade magazine and exhibitions businesses for Â£1bn.
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An exhibition of art treasures which was almost prevented from going ahead opens in London.
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A collection of artworks, thought to be worth up to Â£100m, is donated to the Tate and the National Gallery.
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Moscow on Thursday cancelled a much-awaited exhibition of precious paintings in London, saying Britain had failed to guarantee the works' safe return, as a diplomatic row between the two countries spilled into the art world.
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Their watercolors have focused wide attention on a vulnerable population in the booming Russian capital.
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Arts & entertainment: Â· Russian billionaire pays over Â£25m for treasures Â· Usmanov coup follows major Arsenal investment
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Russia pressed ahead yesterday with controversial plans to break up the country&#39;s biggest oil company Yukos, setting a date of December 19 for an auction of its main production unit at a bargain basement starting price of $8.65bn (Â£4.88bn).
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Descendants of two pre-Russian Revolution art collectors are seeking compensation from Moscow for confiscated masterpieces going on display in a controversial London exhibition, they told AFP Tuesday.
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Russia sets a date and price for the auction of embattled Russian oil giant Yukos' main unit, as it seeks payment of a massive tax bill.