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Business Matters: Picasso painting sells for record $179m 12 May 15

Tue, 12 May 15

Picasso's Women of Algiers sells for a record $179m in an auction at Christie's in New York. We ask the chief executive at one of the world's biggest fine art investment funds why so many masterpieces are selling for such jaw-dropping amounts. In Australia, the Federal Treasurer Joe Hockey prepares to announce the government's annual budget, including a much-trailed crackdown on multinationals who avoid tax. Serious questions are being asked of India's judicial system after two high-profile figures - former Tamil Nadu chief minister Jayaram Jayalalitha and Bollywood superstar Salman Khan - avoid prison. We try some funny stuff with Kevin Frank, of Chicago-based improvised comedy troupe Second City, and Barry Ferns who runs Angel Comedy Club in London. Simon Littlewood, of ACG Global, chips in as well from Thailand. And Lucy Kellaway asks: what does the way you enter a public building say about you? It might be time to watch your manners.