LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury goods company, bought the Clos des Lambrays vineyard to expand into Burgundy, adding to its holdings in Bordeaux, Champagne and the New World.
The first concession in Colombia’s $24 billion plan to revamp its highways drew offers from two out of ten potential builders, as the government failed to entice the other bidders by offering sweetened terms.
An icy rain is pelting about 30 protesters who’ve converged at the gate of a natural gas drilling site near Manchester, England. On the other side of a fence topped with razor wire, a 10-story-high rig is boring into shale to determine if it’s suitable for hydraulic fracturing, or fracking. The demonstrators unfurl a banner: “Fracking will poison our children.”
Global warming is depleting fresh water and crops, destroying coral reefs and melting the Arctic, the United Nations said today in a report that concludes the world is ill-prepared to face many new threats.
Robert Mendoza drags a tree trunk to the barricade at the entrance of his neighborhood in San Cristobal as the birthplace of Venezuela’s month-long protest movement braces for an all-out assault by the National Guard.
Venezuela allowed the bolivar to weaken 88 percent on a new currency market after loosening controls, a move to increase dollar supplies needed to alleviate a record shortage of imports including medicine, food and toilet paper.