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India seeks threefold increase in coal stocks to prevent summer power shortages
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Indian companies report mixed second-quarter results on November 4
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Indus Towers expands solar-powered network to 50,000 telecom sites
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KKR secures Indian regulator approval for Gentari Renewables investment
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Equitas Small Finance Bank rebounds after naming interim chief executive
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Indian crude-sensitive shares gain after 13% oil-price decline
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Kuwait finance minister holds economic cooperation talks at COMCEC
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Stocks and dollar fall as Democratic election gains reshape markets
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Kuwait marks key events and anniversaries from national history
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Qatar Tourism joins Pacific Asia Travel Association at London travel market
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Qatar media bodies discuss support for humanitarian initiatives
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Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
Watches belonging to F1 great Schumacher fetch millions at auction
Eight watches belonging to Formula One legend Michael Schumacher were sold at auction in Geneva on Tuesday for a total of four million Swiss francs (4.4 million dollars/4.1 million euros).
The German seven-time F1 world champion was a passionate watch collector until the skiing accident he suffered in December 2013, since which he has not been seen in public.
Two of the timepieces sold at the Christie's auction were personalised gifts Schumacher received from then Ferrari team principal Jean Todt to celebrate his achievements on the racing track with the Italian manufacturer.
An F.P. Journe Vagabondage with a dial honouring the seven F1 world championships Schumacher won was sold for 1,646,700 dollars.
But the piece that went for the most - 2,711,500 dollars - was a vintage pink gold Patek Philippe.
"Our sincere thanks go to our consigners as well as the Schumacher family who entrusted us with the outstanding property of Michael Schumacher. We saw strong global participation, with an emphasis on America" said the auction house's watch specialist Remi Guillemin.
O.Hansen--CPN