Louis Vuitton owner LVMH to buy Tiffany for $16bn
Bernard Arnault’s luxury goods empire to acquire US jeweller in cash deal
US news
Wealthy people are spending less – are they seeing signs of a recession?
A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon
Tesla cites Brexit as Germany chosen over UK for European plant
US electric carmaker will build battery factory in Berlin, says boss Elon Musk
Queen follows fashion’s lead in going fur-free
Activists welcome Her Majesty’s move, in line with Prada and Gucci’s abandonment of fur – although she will still wear her existing fur items
Virgin Galactic wins space tourism race to float on stock market
Sir Richard Branson beat Elon Musk and Jeff Bezos by listing his venture in New York
Los Angeles mansion sets US market record with $225m price tag
Casa Encantada, built by a wealthy widow and once owned by the founder of the Hilton hotel chain, boasts 60 rooms and 40,000 sq ft of living space