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

Apple puts brakes on self-driving car project, report says

Company follows Waymo’s lead in pivoting from full ‘Apple car’ to manufacturing tech to automate already existing vehicles

China’s Dalian Wanda drops purchase of Nine Elms Square in London

After Beijing clampdown on overseas investment, site is sold, with permission for 1,900 flats, to unidentified buyer

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

Global super-rich agreeing to rent luxury London homes without visiting

High-end estate agents say smartphones have transformed lettings and the wealthy are making decisions based on video tours