Auction of jewels linked with Buddha postponed
Your web browser is no longer supported. To improve your experience update it here Sotheby's has postponed an auction of jewels associated with Buddha's remains after the Indian government opposed the sale and demanded it be halted. The gems for auction were found buried together in reliquaries with the corporeal relics of the historical Buddha and discovered in northern India in 1898, the auction house said. They dated back to around 240-200 BC, it said. But India's Ministry of Culture said in a Facebook post on Tuesday it had issued a legal notice to Sotheby's Hong Kong to demand the immediate halt of the sale, accusing the auction of violating "Indian laws, international norms and UN conventions." This undated photo released by Sotheby's, shows the Pirprahwa Gems of the Historical Buddha. (Sotheby's via AP) (AP) In its letter to Sotheby's Hong Kong, posted on Facebook, it said the auction involves sacred Buddhist relics that constitute the inalienable religious and cultural heritage of India and the global Buddhist community. It demanded the repatriation of the relics to the Indian government and a public apology from the auction house and Chris Peppe, a great-grandson of British businessman William Peppe, who excavated the relics. The Indian government warned in the letter that failure to comply would result in legal actions and public advocacy campaigns highlighting the auction house's role "in perpetuating colonial injustice and becoming a party to unethical sale of religious relics." Sotheby's announced the postponement in a statement on Wednesday, acknowledging the matters raised by the Indian government and saying it was done with the agreement of the consignors. Villagers in Hong Kong burn offerings as part of the Buddha's birthday during the Bun Festival in Cheung Chau Island on May 5, 2025, China. (Photo by Billy H.C. Kwok/Getty Images) (Getty) "This will allow for discussions between the parties, and we look forward to sharing any updates as appropriate," it said. Some of Sotheby's webpages about the auction were no longer available on Wednesday. The Indian Ministry of Culture said on Facebook on Wednesday it was "pleased to inform" that the auction was postponed after its intervention. World
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9 News
13 hours ago
- 9 News
Musk could lose billions of dollars depending on how spat with Trump unfolds
Your web browser is no longer supported. To improve your experience update it here The world's richest man could lose billions in his fight with world's most powerful politician. The feud between Elon Musk and Donald Trump could mean Tesla's plans for self-driving cars hit a roadblock, SpaceX flies fewer missions for NASA, Starlink gets fewer overseas satellite contracts and the social media platform X loses advertisers. Maybe, that is. It all depends on Trump's appetite for revenge and how the dispute unfolds. Elon Musk and Donald Trump have had a nasty falling out. (AP) Joked Telemetry Insight auto analyst Sam Abuelsamid, "Since Trump has no history of retaliating against perceived adversaries, he'll probably just let this pass." Turning serious, he sees trouble ahead for Musk. "For someone that rants so much about government pork, all of Elon's businesses are extremely dependent on government largesse, which makes him vulnerable." Trump and the US federal government also stand to lose from a long-running dispute, but not as much as Musk. The dispute comes just a week before a planned test of Tesla's driverless taxis in Austin, Texas, a major event for the company because sales of its EVs are lagging in many markets, and Musk needs a win. Trump can mess things up for Tesla by encouraging federal safety regulators to step in at any sign of trouble for the robotaxis. Even before the war of words broke out on Thursday, the National Highway Transportation Safety Administration requested data on how Musk's driverless, autonomous taxis will perform in low-visibility conditions. That request follows an investigation last year into 2.4 million Teslas equipped with full self-driving software after several accidents, including one that killed a pedestrian. A spokesman for NHTSA said the probe was ongoing and that the agency "will take any necessary actions to protect road safety." 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As Musk and Trump were slugging it out Thursday, Republican politicians inserted new language into Trump's budget bill that would eliminate fines for gas-powered cars that fall short of fuel economy standards. Tesla has a thriving side business selling "regulatory credits" to other automakers to make up for their shortfalls. Musk has downplayed the importance of the credits business, but the changes would hurt Tesla as it reels from boycotts of its cars tied to Musk's time working for Trump. Credit sales jumped by a third to A$892.5 million in the first three months of the year even as total revenue slumped. Musk's foray into right-wing politics cost Tesla sales among the environmentally minded consumers who embraced electric cars and led to boycotts of Tesla showrooms. If Musk has indeed ended his close association with Trump, those buyers could come back, but that's far from certain. 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She added, though, that an "exodus isn't obvious, and it would depend heavily on how the conflict escalates, how long it lasts and how it ends." Donald Trump elon musk USA US POLITICS TESLA World CONTACT US


Man of Many
a day ago
- Man of Many
Original Birkin Bag Crafted For Jane Birkin Heads to Auction
By Ben McKimm - News Published: 6 June 2025 Share Copy Link Readtime: 4 min Every product is carefully selected by our editors and experts. If you buy from a link, we may earn a commission. Learn more. For more information on how we test products, click here. Jane Birkin's original 1985 Birkin is going to auction July 10. Expected to break the Birkin price record of over USD$450,000. Custom prototype: unique size, hardware, and non-removable shoulder strap. Includes original charity auction certificate signed by Jane Birkin. Exhibited at MoMA and V&A museums before entering private collection. Likely to become the most expensive Birkin bag ever sold, Sotheby's is auctioning off the Original Birkin Crafted For Jane Birkin in 1985 at an auction on July 10th, 2025. While auction estimates are withheld, the bag will likely eclipse the USD$450,000 plus sales price of the Diamond Himalaya Birkin 30, which sold at Sotheby's in 2022. It's not often that handbags carry provenance, but this Birkin is different. The story goes that the actress was sitting alongside Jean-Louis Dumas, the French billionaire businessman who was the chairman of the Hermès group from 1978 to 2006, on an Air France flight. She complained that she couldn't find a bag big enough for daily life, so the brand designed one and asked if they could name it after her. The rest is history, as they say. Now, her original bag is headed to auction, and it carries serious provenance not just from Jane Birkin, but from those who have held onto the bag since she donated it at Millon, Paris, Les enchéres de I'espoir, Association Solidarité Sida on Wednesday, October 5, 1994, Théâtre de l'Empire. It was sold in Poulain Le Fur, Paris, on Friday, May 12 2000 (lot 70) and has sat in a private collection (and museums) ever since. The Original Birkin Crafted For Jane Birkin, 1985 | Image: Sotheby's What's interesting about this Birkin is that it's a prototype. There are key differences between this and the bag that would eventually hit the production run in 1985, including: It has the width and height of a Birkin 35, but the depth of a Birkin 40 Size : 36 x 27 x 21 cm: W It features closed pontet rings, whereas rings remained open at the bottom until the early 1990s There's gilded brass hardware, replaced by gold-plated hardware (with a check mark) at launch 'Eclair' branded inner zip, which was replaced by Riri Company in the 1990s Smaller bottom studs, or 'feet' It has a non-removable shoulder strap, the only one of its kind Not only is this bag made in a one-off custom size, but it comes in the same condition in which it was auctioned for charity by Jane Birkin. That means that you're getting a bag that was crafted for the namesake and lovingly used by the namesake until it was passed on, and it comes in the same condition as it hasn't been used since. Heck, it's even branded with her initials, J.B., and inside is the nail clipper that she kept hanging from the bag's strap. The Original Birkin Crafted For Jane Birkin, 1985 | Image: Sotheby's The Original Birkin Crafted For Jane Birkin, 1985 | Image: Sotheby's The Original Birkin Crafted For Jane Birkin, 1985 | Image: Sotheby's The Original Birkin Crafted For Jane Birkin, 1985 | Image: Sotheby's The lucky buyer will also recieve the original certificate of the charity auction 'Les Enchères de l'Espoir,' which was signed by Jane Birkin, 5 October 1994 alongside the original Hotel des Ventes du Palais auction catalogue, Poulain Le Fur, 12 Mai 2000, and exhibition catalog 'Bags Inside Out', V&A, 2020. Given the provenance of this bag, it was exhibited at the MoMA in New York for the ' Items: Is Fashion Modern?,' exhibition in 2018 before it was sent to London's Victoria and Albert Museum for the 'Bags Inside Out' exhibition in 2020. Now, it's hitting the auction block at Sotheby's on July 10th, 2025, where it will likely make history as the most expensive Birkin ever sold.

Courier-Mail
a day ago
- Courier-Mail
Whole world laughing at Trump and Musk as bitter feud erupts
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