Europe’s biggest stockpiles of natural gas since at least 2009 are damping the threat of any potential disruptions in supplies from Ukraine, the main transit route of Russian fuel to consumers in the west.
When Larry Robbins was a boy in the Chicago suburbs, his father, Sheldon, worked two jobs and wasn’t around much. If the young Robbins wanted to see him on weekends, he had to travel to Arlington Park, a nearby horse-racing track that his dad ran. During those Saturday visits, his father taught him how to handicap horses. One lesson: Know the horse and the race. Was the track dry or muddy? Did the horse win because he was fast or because the competition was lousy?
After two disappointing Christie’s auctions, Sotheby’s sold $290.2 million of Impressionist and modern art in New York last night, the category’s highest tally since the May 2012 sale in which Munch’s “Scream” sold for $120 million.
Sotheby’s appointed Domenico De Sole, the chairman of Tom Ford International and former head of Gucci, to the role of lead independent director as the auction house is under criticism from activist investor Daniel Loeb.
Sheikha Mayassa bint Hamad Al Thani, sister of Qatar’s Emir and chairwoman of the Qatar Museums Authority, tops ArtReview’s 2013 ranking of the art world’s 100 most influential figures, the Power 100, published today.