LONDON

Prized Painter Richter Calls Art Market 'Daft'

Employee Duncam Holden poses for a photograph with Gerhard Richter's artwork Abstract Painting Abstraktes Bild (CR:726) at the press launch of the new exhibition Gerhard Richter : Panorama at the Tate Modern gallery in London
Gerhard Richter is one of the world's most prized living artists, and one of his famous Candle series is expected to fetch 6-9 million pounds ($9-14 million) at auction in London next week.

No Somber Mood Allowed on Paris Catwalks

Models present creations by Lebanese designer Elie Saab as part of his Spring/Summer 2012 women's ready-to-wear fashion collection show in Paris
Paris Fashion Week ended like it started with a positive and relaxed spirit and a skillful bow by Lebanese designer Elie Saab with a glamorous 1970s collection for next summer inspired by the American TV series Charlie's Angels.
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Slurred Michael Jackson voice fills LA courtroom

Disturbing sounds and images from Michael Jackson's life and death played a key role on Wednesday in the manslaughter trial of his doctor, with jurors hearing a recording of the self-styled King of Pop speaking in a slurred voice and viewing a photo of his dead body.
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S.Africa bonds gain, rand firms against dollar

South African government bonds and the rand currency ended firmer on Wednesday, boosted after a minister said the government would keep a lid on spending and tracking gains elsewhere as global risk appetite picked up.
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European court ruling strikes at soccer TV deals

A decision handed down Tuesday by a court in Luxembourg could significantly change the Premier League's TV contracts to broadcast its soccer matches in Europe, but its ramifications beyond live sports could prove to be minimal.
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S.Africa, Zambia approve Metorex-Jinchuan deal

South Africa and Zambia have approved the $1.1 billion bid by China's Jinchuan Group for copper and cobalt producer Metorex, bringing closer prospects for the deal to be finalised by November.
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S.Africa rand stabilises vs dlr, bonds edge higher

South Africa's rand steadied against the rand on Tuesday and government bonds edged higher as tentative calm returned to the market although local assets are still vulnerable to contagion fears over Greece's heavy debt burden.
Residents gather at the scene of a suicide attack in Somalia"s

Rebels kill scores in Somali capital blast

Somalia's al Qaeda-linked rebels struck at the heart of the capital on Tuesday, killing scores of people with a truck bomb in the group's most deadly attack in the country since launching an insurgency in 2007.

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