Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

From G&T to Earl Grey tea: a new wave of ice lollies for grownups

by

We sample the latest posh popsicles to find out which are cool – and which fail the taste test

Tesla to open Shanghai electric car factory, doubling its production

by

Elon Musk says first facility outside the US will build 500,000 cars a year

Ready for liftoff? Two flying taxi startups got Pentagon funding

by

Exclusive: Self-flying vehicle firms got $2m last year, as US military envisions taxis as more Blade Runner than Back to the Future

Burberry blames falling sales in UK and Europe on stronger currencies

by

Luxury fashion house says higher exchange rates for pound and euro are deterring Chinese tourists