Art market

Boris Johnson wants to create six freeports and tax-free zones around the UK

Vast storage facilities for high-value items such as art and cars have stoked controversy

Private view: must-see gallery shows opening this July and August

New commercial gallery shows—from a sense of spirituality in Liverpool to Long Island loving in New York

Warhol's Prince series ruled fair use by a New York judge in contested copyright case

The ruling settles a heated two-year legal battle between the artist's foundation and photographer Lynn Goldsmith, who shot the original image in 1981

A new catalogue raisonné organisation aims to foil fakes in the art market

The membership-based International Catalogue Raisonné Association will offer discounted legal advice and institute an annual conference

Chitty Chitty Bang Bang designer's giant machine sculptures up for auction

Rowland Emett's Cloud Cuckoo Valley automata will be for sale at Bonhams in September and on view in August

Art marketgallery

Object lessons: London Old Master season special

Our pick of highlights from London Art Week exhibitions and auctions, including an export-barred Renaissance cabinet and an uncharacteristically cheery Ribera

Bigger is not better at Chicago’s Alternative Space art fair

The gallery-share fair model that predates Condo brings smaller dealers together as the Windy City's commercial gallery scene grows

Female painters steal the limelight at Phillips contemporary evening sale in London

Market is not “as effervescent as it was”, but £36m total is the auction house’s highest in June for over a decade despite disappointing results for Modern works

Paris Photo to launch its second US edition in New York

After cancelling its Los Angeles event in 2016, the French fair is partnering with Aipad to develop Paris Photo New York

'You can’t do this by yourself': in a lean market, New York's smaller galleries stick together

Younger dealers share experiences and expertise to survive the middle-market squeeze

Did US collector Tom Hill buy the 'lost Caravaggio'?

France's Gazette Drouot claims that Hill might have bought the painting and it could be headed for the Met in New York, according to a source

Jo Stella-Sawicka leaves Frieze to head up Goodman Gallery in London

South African gallery will open in Cork Street redevelopment this autumn

Christie's holds auction in Saudi Arabia to raise funds for Jeddah museum

Sale raises $1.3m for new heritage museum dedicated to the history of Jeddah's historical district

Flipping the Bacon: Sotheby's £69m post-war and contemporary sale lacks fizz

A £16m Francis Bacon self-portrait and a record for a little-known German artist enliven an otherwise dry sale in London as totals fall 40% on last year

Lawnews

Sotheby's denied dismissal of Rybolovlev's $380m lawsuit by New York judge

Papers filed in a Manhattan court this week order a pre-trial conference and the release of confidential documents

Art marketpreview

Tedious link: six degrees of separation at Masterpiece London

Emphasis on "storytelling" and making connections at the cross-collecting fair this year, chief executive says. So we created some tenuous links of our own

Fresh talent breathes life into slim £45m postwar and contemporary evening sale at Christie’s London

Records set for Tschabalala Self and Kara Walker as a new wave of works by contemporary artists come to auction—bucking the pale, male and stale status quo

Ignored by the Louvre, 'lost' Caravaggio bought in private sale is destined for 'important museum'

Estimated to sell between €100m-€150m at auction on Friday, an anonymous buyer has snapped up the disputed painting that was discovered in a French attic

Contested export of a Caillebotte painting raises questions about Canadian cultural law

A Canadian court recently overturned a ruling on the "national importance" of the French Impressionist's work, sold at Heffel Auction House in 2016

Tehran's art fair opens despite sanctions and growing tensions with US

Second edition of Teer Art Fair aims to foster domestic Iranian art scene at a time when international sales increasingly difficult for the country's galleries

Frieze announces the most international edition of Frieze London as well as new additions to Frieze Masters

The contemporary art fair will feature a new section devoted to textile works while Antiques Roadshow expert Amin Jaffer curates Collections at Frieze Masters

Mini Impressionist and Modern sale at Sotheby's makes £99m thanks to auction debutantes

Monet's waterlilies and Modigliani's portrait of an unknown boy lead the 25-lot sale, and new record made for Austrian artist Alfred Kubin's haunting drawing

Australia has underrated Sidney Nolan, expert says, as artist's widow's estate comes up for sale

Mark Fraser makes the remarks as a group of works by the Australian artist is about to be offered at Bonhams in Sydney with a combined estimate of AUS$1.3m-$1.8m

Art marketarchive

French decorative arts apparently recession-proof

The international market absorbs the Polo, Patiño and Johnson collections in one year. Tous les Louis do well but Louis XVI best of all

Art marketcomment

The Trump administration’s tariffs will not hurt China but they will hurt the US art trade

Art organisations join other US businesses at a series of hearings this week in Washington, DC on the proposed 25% tariff on $300bn worth of Chinese goods

Tough going for Christie's skinny £36.4m Impressionist and Modern art sale

Early Schiele drawing is the low-key star of an unremarkable sale, topped by a flashy Picasso

Art marketcomment

Sotheby's newfound privacy gives it greater freedom, but at what cost to the rest of us?

Former public company status left the auction house at a disadvantage to rival Christie's, but its quarterly finance reports provided rare insight in a secretive market

Sotheby's goes private as it is sold for $3.7bn

French-Israeli media billionaire Patrick Drahi's company BidFair USA buys firm from shareholders

Toddler sends €50,000 sculpture flying at Art Basel

Three-year-old girl reportedly knocks a fly by the German artist Katharina Fritsch off plinth

Object lessons: from an ancient Roman mosaic to an Art Deco icon of the LGBTQ+ movement

Our pick of items from auctions and fairs around the world over the next fortnight