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.
Only one in five global shale regions may succeed in producing significant amounts of oil and gas as countries from China to Argentina seek to emulate the U.S. boom, said energy consultants Wood Mackenzie Ltd.
The Australian vessel Ocean Shield is scheduled to depart today to search for Malaysian Air Flight 370 after being fitted with an autonomous underwater vehicle and equipment to detect the missing plane’s black-box recorder.
Citic Group Corp., the state-owned company that describes itself as a pilot of China’s economic reform, plans to make billions of dollars of its assets part of a Hong Kong unit. Shares of the unit surged by a record.