New chief executive blames late sale schedule, exchange rates losses and painting that failed to sell above pre-sale estimate

Record sales in New York boost the market, while anti-corruption crackdown hampers Asian buyers, Artprice report reveals

Falls in private sales, Russian art and London auctions dent otherwise strong performance; Sotheby's sales also flat

Asian buyers were active, but Russians largely absent in a week of mixed results at Sotheby's, Christie's and Bonhams

Complex system of guarantees behind sale of key works including $81.9m Rothko

Sotheby’s makes highest total ever, while records are set for YBAs at Christie’s

Opposition from heritage groups changes the embattled foundation’s plans

Whether a new concept or just another way to sell art, themed shows are bringing in business

Alfred Beit Foundation calls halt on auction of Old Masters after "proposal from private Irish donors"

Impressionist and Modern art auctions were in line with expectations

Auction house is contributing towards the artist’s production costs

Works by Rubens and Guardi are due to be auctioned in July to pay for upkeep of country home

Wooden sculpture that inspired Cubism fetches €5.5m in Paris

Around 2,500 works have been offered to cover company's debts

Museo Reina Sofia acknowledges eye-watering figure in press statement

David Walsh to sell Chris Ofili’s The Holy Virgin Mary along with pieces by Chapman Brothers, Damien Hirst and Jenny Saville

Proceeds will be shared between the Klimt Foundation and the heirs of the sitter

Museums and the trade want to put an end to the Catch-22 situation with Medici and Becchina