Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.
John Hargreaves, the multimillionaire founder of discount retailer Matalan, is suing PwC over claims the accounting firm gave him bad advice on how to avoid paying taxes when he moved from the UK to Monaco.
Christian Dior’s The Female Gaze podcast series took on a new dimension on Friday, as its new episode featured an interview with creative director Maria Grazia Chiuri, who described herself as a political couturier.
Britain has extended its job retention scheme by four months, but told employers they would have to help meet its huge cost from August. That could mean layoffs are likely as some firms won't be able to afford to pay.
Matt Smith joins the West End landlord from The Crown Estate, where he was interim head of sustainability (real estate). He will focus on further developing and implementing Shaftesbury’s sustainability strategy.
Swathes of Europe began the long process of reopening from coronavirus lockdowns on Monday, but a resurgence of infections in China and South Korea offered a sobering reminder of the dangers of a second wave of cases.
U.S. tech giants such as Facebook and Amazon could face tougher rules as European Union regulators seek evidence to curb their role as gatekeepers to the internet, according to an EU tender seen by Reuters.