CEO Tad Smith addressed shareholder concerns over low sales and departures of key staff

The British-Indian artist’s stainless steel concave sculpture made $700,000 at Saffronart in Mumbai

Auction house launches new mid-season sale aimed at first-time collectors

Dennis Morris is considering legal action over painting removed from Sotheby’s day sale last week

Decision by respected Impressionist and Modern art specialist, after 35 years of passion and loyalty, comes as a surprise

Cautious estimates at Bonhams and Christie’s produce solid results in cooling market

Phillips and Sotheby’s sales come in short of estimates—but those in the trade call it a healthy correction

Results were “solid”, though nowhere near the giddy heights of last year’s sales

Auction house buys art advisers in surprise $85m deal

Middle market helps deliver auction house’s second highest results in 250-year history

All eyes are on Gentileschi’s $25m Danaë, but some other works deserve collectors’ attention too

President Tad Smith reveals that the auction house expects to lose between $10m to $19m in the fourth quarter due to sale guarantees for the former owner’s art

Auction is latest in a raft of exhibitions and sales to promote women artists

The institution will receive some proceeds from the sale of Old Master paintings that belonged to the late patron

French press partners pull out of sale “in the name of freedom of expression” following lobbying from Israeli embassy

Abstract work is top lot in Sotheby’s London evening sale next month

Founders of Art Agency, Partners will head up new department, along with Marc Porter, former Americas chairman at Christie’s

But the work is still owned by Tony Shafrazi two months later

Former prime minister’s belongings attract bidders from 41 countries

Glafira Rosales’s name was not mentioned in connection with the auctions, which included pieces by Sean Scully, Kenneth Noland, Jules Olitski, Louise Lawler, Andy Warhol and Ad Reinhardt

The voluntary programme will cost the auction house around $40m after shaky sale season