French police have recovered some of the jewels worth over 4.0 million euros looted from the Ritz hotel in central Paris, a police source said on Thursday as officers hunt for two thieves who remain on the run.
EU state aid regulators will investigate whether Ikea's tax arrangement with Dutch tax authorities helped cut its tax bill, the latest crackdown on unfair tax deals between multinationals and EU countries.
The New York Times Co plans to develop two or three new standalone digital products next year focused on lifestyle topics as part of its push to get more people to pay for its content beyond traditional news.
LVMH, the world’s biggest luxury goods company, has bought a majority 60 percent stake in Napa Valley’s Colgin Cellars vineyard, as part of the French group’s general strategy of acquiring highly-rated wine operations.
Malls have spent a reported $8 billion on renovations to distance themselves from traditional retail outlets. Trends include renaming properties, and adding entertainment and residential features for secondary use.