Staff cuts at auction house come as $1bn deal with Abu Dhabi wealth fund closes 

The lower-priced sector is also the fastest growing, doubling over the past decade

The terms of the settlement in New York allowed Sotheby's to resolve the issue without admitting any wrongdoing

All you ever wanted to know about art (if you are little), from a cat that wanders round Tate Modern at night to why Louise Bourgeois made giant spiders—selected by The Art Newspaper's Anna Brady

In a subdued market, the season’s most promising auctions are of estates

An Andalusian horse was last sold at the auction house in 2000, after which another landscape was discovered, hidden on the back

The 200-page report, authored by Clare McAndrew, also revealed stable Chinese buying and buoyancy at the lower end of the market as top end softens

Amid a “tense atmosphere”, founder of Tbilisi’s Gallery Artbeat says it is “very important to be showing our culture internationally”

The French art dealer Emmanuel Perrotin recently pulled out of his Dubai gallery and secondary market space in Paris, though has been expanding the scope of his programme

The firm's first major sale in its new Hong Kong headquarters saw spirited bidding for contemporary works and regional records for paintings by Van Gogh and Monet

The space, located within the basement of the Albemarle Street shop in London, will host an exhibition of textile art in collaboration with the digital platform Vortic

Ria, Naked Portrait (2006-07) depicts an art handler who approached the artist, then in his 80s, to pose for the painting

The gift of 23 works by 17 of the mega gallery's artists, worth over three times the museum's annual acquisitions budget, will go on display next month

L’Appartement opens this October with an exhibition of sculptures by Takis and Yves Dana

Spoiler alert: lots of mounting takes place at Mount's

Jemma Hickman and Alice Workman have pooled their talents and launched a gallery just off the trendy town of Bruton's high street

The annual eclectic gallery trail finishes on Friday, with 51 participants to see around central London

Plus one of only four paintings by the 15th century Master of the Baroncelli portraits

Lady with a Fan (1917) was last sold for $11.6m in 1994 and will be offered at Sotheby's in London on 27 June

Art sales contracts now often include terms stating when and how you can—or rather, how you cannot—sell a work on

Founder Emmanuel Perrotin will retain a 40% stake in the international contemporary art gallery that he founded in 1990, but Colony IM will provide a capital injection and "corporate infrastructure"

The tech entrepreneur and blockchain professor has a passion for street and digital art

The gallery, which specialises in artists from Africa and the diaspora, was established in 2011, and now moves into the Pollen Estate's development

Drenth has also been criticised online by Tefaf managing director Charlotte van Leerdam for speaking about her private battle with breast cancer in the Dutch press

Rediscovered panel painting comes to Christie’s evening sale in London next month with an estimate of £4m-£6m

Ching will be based in Hong Kong and starts the new role on Wednesday

The 500 sq m space will replace the Fitzrovia gallery and open this October with an exhibition of work by Christina Quarles

The current head of Gallery Weekend Berlin will start in the newly created role in July and oversee the 2024 fair

Christie's marks coronation by auctioning portrait in aid of BBC Children in Need and holding exhibitions of Shakespeare's First Folio and the work of Royal Drawing School alumni

"Transformational" signed 1660 copy of The Declaration of Breda leads mixed-category sale featuring manuscripts, royal portraits, medals and memorabilia