-
1 week ago | 
theartnewspaper.com | Gareth Harris |Laura Gilbert |Brook Mason |Riah Pryor
Sheikh Hamad Bin Abdullah al-Thani of Qatar has won a court case against the New York- and Geneva-based Phoenix Ancient Art gallery over an allegedly forged statuette of the goddess Nike purportedly dating from the fourth century AD. The gallery tells The Art Newspaper that it is appealing the ruling.
-
2 weeks ago | 
theartnewspaper.com | Riah Pryor
As the Trump administration backtracks on obligations for businesses to disclose the true beneficiaries of deals, the UK art trade is preparing for stricter sanctions rules, due to take effect in May. UK art market participants (AMPs) will soon be required to report immediately to the Office of Financial Sanctions Implementation (OFSI) if they know or suspect that a client or counterparty is subject to sanctions.
-
3 weeks ago | 
theartnewspaper.com | Torey Akers |Riah Pryor
The Manhattan District Attorney’s office returned two Khmer artefacts to representatives of the Cambodian government on 26 March. The two stone sculptures were recovered as part of a larger criminal investigation into trafficking networks specialised in Cambodian antiquities, including those tied to the smuggler and disgraced dealer Subhash Kapoor, whose dealings in artefacts from South and Southeast Asia led to his arrest by the DA's Antiquities Trafficking Unit in 2012.
-
1 month ago | 
theartnewspaper.com | Georgina Adam |Anna Brady |Kabir Jhala |Riah Pryor
To a backdrop of plunging US stock markets, an unpredictable US president, volatile geopolitics and incoming stricter rules on imports of some categories of art into Europe, the European Fine Art Fair (Tefaf) certainly faced manifold challenges when it opened in Maastricht on 13 March to VIP visitors (the fair continues until 20 March). And yet despite these challenges, exhibitors pronounced themselves satisfied by the second day.
-
1 month ago | 
theartnewspaper.com | Torey Akers |Riah Pryor |Sheila Regan
A “Black Lives Matter” street mural that adorned two blocks of 16th Street Northwest near the White House in Washington, DC is in the process of being removed, according to reporting by The New York Times and NPR. The mural was created in spring 2020 amid global protests sparked by the murder of George Floyd, a Black man whose death at the hands of Minnesota police became an inflection point for national conversations about racial injustice in the United States.
-
1 month ago | 
theartnewspaper.com | Scott Reyburn |Anny Shaw |Riah Pryor
This month sees the 38th edition of Tefaf Maastricht, the last remaining major international fair that primarily showcases pre-20th century art and objects. The event allows Old Masters, which for centuries were the trade’s most valuable and coveted items, but which have now fallen out of fashion, to briefly enjoy a little limelight in a market now dominated by the contemporary. Dating back to 1988, Tefaf Maastricht, which this year features 266 participating dealers, has become an outlier.
-
1 month ago | 
theartnewspaper.com | Riah Pryor |Louis Jebb |Daniel Grant |Chris Michaels
The UK Labour government’s recently unveiled AI opportunities action plan will position the UK as a global leader in artificial intelligence by investing in infrastructure, talent and innovation. “A battle for the jobs of tomorrow is happening today,” said the UK prime minister Keir Starmer in a 13 January speech announcing the plan.
-
1 month ago | 
theartnewspaper.com | Anny Shaw |Carlie Porterfield |Riah Pryor
Tiny green shoots of recovery have been discernible in a stubbornly bearish art market during London’s marquee auctions this week, but Phillips slim 29-lot evening sale yesterday (6 March) punched below its weight, bringing in £12.2m (£15.4 m with fees) against an estimate of £16.4m to £24.2m. All estimates are calculated without fees. Two works, by Le Corbusier and Lucio Fontana, were withdrawn just before the sale and three failed to find homes.
-
2 months ago | 
theartnewspaper.com | Vincent Noce |Riah Pryor |Benjamin Sutton
Claude Guéant, the former chief aide to France’s ex-president Nicolas Sarkozy, has been accused of taking a €500,000 bribe from Muammar Gaddafi and trying to cover it up with the sale of two small Flemish seascapes. The accusations against Guéant have made by the prosecution during the ongoing trail of Sarkozy over allegations that he too took illegal payments from the late Libyan dictator. The case centres around an alleged €50m payment from Gaddafi to Sarkozy's 2007 presidential campaign.
-
2 months ago | 
theartnewspaper.com | Carlie Porterfield |Riah Pryor |Wallace Ludel |Sarah Belmont
This sketch, from the collection of a noble European family, likely depicts the beach in Wieck, Germany, overlooking the Greifswalder Bodden. An inscription indicates that Caspar David Friedrich gifted the drawing to fellow artist A.V. Endres in 1821. Endres was a drawing master hired to teach an ancestor of the consignors, and it is believed Endres passed the work along to his pupil, after which point it remained in the family.
