Picasso work top sale at record-breaking British auction

by: admin - June 24th, 2010   Filed under: News Add Comment

Picasso work top sale at record-breaking British auction
A celebrated masterpiece by Pablo Picasso sold Wednesday at Christie’s auction house in London for 34.8 million pounds, in an auction that set a record for the amount of money made at a British art sale.
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Artist’s open house sale for charity
A FUNDRAISING open house showcasing international greeting cards created by Bahrain-based British artist and illustrator Gill Goode will be held today.
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British recording company EMI fends off foreclosure

by: admin - May 16th, 2010   Filed under: News Add Comment

British recording company EMI fends off foreclosure
British recording company EMI Group Ltd. said Friday that it has raised enough cash to fend off foreclosure by its main lender, Citigroup . EMI, home of the Beatles, Lily Allen and Norah Jones , said financier Guy Hands’ private equity firm, Terra Firma, intends to invest additional money in EMI so the company can stay in compliance with the terms of its debt. Two people familiar with the matter …

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