Christian Candy sells New York penthouse after slashing price

Developer, who is locked in a bitter court dispute with a former friend, has sold or remortgaged £300m of assets in past year

Dyson: industry experts cast doubt on electric car project

Insiders say building an EV from scratch by 2020 is a huge ask in industry saddled with vast engineering, manufacturing and regulatory hurdles

London house prices fall for first time in eight years as rest of UK rises

Average price of home in capital is £471,761, down 0.6% between July and September compared with same period last year

Asking prices for London homes record biggest falls this decade

Average drops are biggest in Kensington and Chelsea at £300,000, but prices are up £58,000 in Southwark, says Rightmove

Chanel owners pay themselves $3.4bn dividend – four times company’s net profit

Despite fall in revenues and profits last year, Alain and Gérard Wertheimer took double dividend they received in 2015

Nokia 8 hopes to beat Apple and Samsung with ‘bothie’, a new version of the selfie

Flagship Android smartphone has dual cameras, spatial audio and aluminium body, but will be relying on brand nostalgia to stand out against rivals