business – Page 51

Christie’s reports soaring sales of £10m-plus art

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Auction house is boosted by Asian demand as well as lots including £44m Brancusi and £36m Beckmann in first half of year

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The concept boutique known for unexpected collaborations and being the only shop that Karl Lagerfeld claims to frequent will shut up shop in December

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Falling battery costs to drive sales but European carmakers will lose out to rivals in the US and Asia, forecasts Dutch bank

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Luxury brand insists it is committed to city, where it is moving 300 head office jobs, as it also delays decision on new factory

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Demand for designer pool accessories – from doughnuts to unicorns – soars as shoppers splash out on social media props

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World’s largest retailer moves from tech products to its own wine, to revive the ‘direct connection between wine-maker and customer’