Moroccan-born billionaire Patrick Drahi’s cost-cutting measures have not always gone down brilliantly with the company’s he took over. In 2017 Mr Drahi’s personal fortune took a nosedive when he took on dozens of telecoms companies in a short period of time. Altice had a debt burden of £43billion which made it vulnerable and caused investors … Read more
Auction house Sotheby’s is auctioning the first ever piece of fine art that can be paid for using cryptocurrency. The auction firm’s New York outpost has announced that it will accept cryptocurrencies Bitcoin or Ethereum, also known as Ether, for Banksy’s Love is in the Air, which goes up for sale on May 12. The … Read more
Rare 15th-century portrait by Italian renaissance painter Sandro Botticelli sells for £67m – a record for the artist – at online Sotheby’s auction Young Man Holding a Roundel from 1470s or 1480s, is one of Botticelli’s finest A buyer through London beat New York bidders to get 23-inch by 15.5-inch piece It shows a man … Read more
Perfect diamond can be your best friend… for $30million: Sotheby’s will auction flawless 102-carat white diamond in Hong Kong on October 5 The 102.39-carat diamond is expected to fetch $12 million to $30 million It will go under the hammer at Sotheby’s in Hong Kong on October 5 Only seven such diamonds over 100 carats have … Read more