Picasso painting sells for $179.4 million, smashing art auction record

A Picasso oil painting from 1955 smashed the record for the most expensive artwork ever sold at auction when it soared to $179.4 million at Christie's on Monday.

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Massive white truffle to be sold at New York auction

An Italian white truffle, reportedly the largest in the world, will be sold at an in-house and online auction in New York on Saturday where bidding is expected to start at $50,000 and could go much higher, Sotheby's said on Thursday.

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Hitler watercolour fetches 130,000 euros at Nuremberg auction

A 1914 watercolour by Adolf Hitler fetched 130,000 euros ($161,000) at auction in the German city of Nuremberg on Saturday, the auctioneers said.

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U.S. 10-year TIPS breakeven rate rises after auction

The U.S. 10-year inflation breakeven rate rose mid-afternoon Thursday after relatively strong demand at a $13 billion auction of 10-year Treasury Inflation-Protected Securities.

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Antique French character doll sells for record price of $300K at Theriault auction

An antique doll sculpted by Albert Marque set a record-breaking price of $300,000 in an auction event held by Theriault in Naples, Florida, a statement about the activity said.

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Fisker's DOE loan bought by Hong Kong consortium

The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.

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New guidelines for spectrum sharing to be issued by the Indian government

Upon the recommendation of the Telecom Regulatory Authority of India, new guidelines for spectrum sharing would be imposed by the Telecom Commission.

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1914 Moet & Chandon Champagne to be auctioned in November

Sotheby's said it would auction Moet & Chandon Champagne back to 1914 vintage in November.

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Frasers Centrepoint makes highest bid in state land auction in Singapore

Frasers Centrepoint of Frasers and Neave makes the top offer for a recent government land sale in Singapore.

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Leonard Green explores sale of Brickman

Leonard Green is exploring sale of Brickman, which is valued at about USD1.5 billion.

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Slovakia sells new mobile frequencies

Slovakia would sell 800Mhz, 1,800Mhz and 2,600Mhz bandwidths which was expected to result to a new operator in the country.

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Japanese government bond rises, 30-year debt auction considered

The benchmark Japanese government bond prices climbed which resulted to a proposed auction of a 30-year debt.

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Brazil Pegs Libra Oil Find at US$7 billion

Brazil increased bid price for Libra, the world's largest oil find from US$4.6 billion to US$7 billion.

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Private equity firms bid for MoneyGram

Many private equity firms were vying for MoneyGram which has a market value of US$1.3 billion.

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Royalty to Explore Ways to Bid for Elan with Partner

Royalty Pharma held internal discussions about making a new bid for Elan Corp according to four sources.

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