George Clooney sells his tequila company for up to $1bn

Casamigos, which star founded with Rande Gerber and Mike Meldman, bought by Smirnoff and Johnnie Walker owner Diageo

Miranda Kerr asked to relinquish jewels linked to Malaysian laundering case

Australian model finds herself caught up in a multibillion-dollar 1MDB corruption scandal alongside actor Leonardo DiCaprio

Royal Academy’s Summer Exhibition showcases the world

Annual show includes works by Tracey Emin and Cornelia Parker, with emerging artists from DRC, Peru, Spain and India

Party on the helipad! My day sipping champagne with the superyacht set

Basketball courts, recording studios, deep-sea submarines, helipad party decks … our writer gets a taste of the latest must-have accessories in superyacht design

Chateau Murdoch: Fox media mogul finds solace at his Bel-Air winery

His views on climate change may differ from his winemaker’s at Moraga estate, but Murdoch appears bitten by viticulture bug

Jaguar Land Rover posts record sales thanks to demand in China and US

UK’s biggest car manufacturer sold 604,009 vehicles in 12 months to end of March, the most in its 95-year history