Uber Says growth outpaces losses

France is home to some of the biggest luxury brands in the world. While many everyday businesses have struggled to bounce back from the health crisis, it’s been just the opposite for the most exclusive French labels. Jean-Noël Kapferer, professor emeritus of marketing, talks us through the success of luxury brands bouncing back from the pandemic. We also see how the luxury sector is making its way into the second-hand market, bringing in a whole new clientele.

Uber rival Bolt says it has raised $711 in new funding from investors, with its value now put at over $8 billion.

To preserve and honour the legacy of South Africa's iconic leader, Nelson Mandela, his home, which was a symbol of his presidency and struggle against apartheid, has now been transformed into a luxury hotel.

To preserve and honour the legacy of South Africa's iconic leader, Nelson Mandela, his former home in Johannesburg has now been transformed into a luxury hotel.

Carsharing giant Uber used aggressive techniques to push into global markets, according to a new report. The company allegedly considered how to frame violence against its drivers in a bid for public sympathy.

The French president's name appeared in an investigative report on the US ride-hailing service's rapacious global lobbying efforts. Macron says he helped create thousands of jobs.

The EU wants to reduce its gas consumption by at least 15%. Germany will probably have to save even more. How is that supposed to work?

As the UK mourns the death of Queen Elizabeth II, we delve into the finances of the British monarchy and what could change. With assets from castles and sporting grounds to jewels and art, the Royal Family is estimated to have more than €20 billion in personal wealth. Does the monarchy costs more to British taxpayers than it brings in?

Those who work for platforms like Uber Eats and Deliveroo were hailed as heroes during the Covid-19 pandemic, risking their own health to make deliveries to those of us under lockdown. Today, delivery people still work for little pay and under harsh conditions.

Inflation is hitting home for consumers across the EU, with new data showing that a regular cup of coffee may soon become a "luxury" for some. In some countries, the price of coffee is up over 40% compared to last year.

French luxury goods giant LVMH is not feeling the post-Covid pinch. The group has released its figures for 2022, which show revenue just below the bar of €80 billion. Meanwhile, shipments of smartphones have dropped to a near-decade low. Finally, we find out about a lawsuit that involves King Charles III and Elon Musk.

Is the luxury sector recession-proof? Sales at high-end brands plunged at the start of the Covid-19 pandemic, but they've since rebounded sharply, even as inflation soars and economic growth slows. Now many fashion houses are hoping that China's reopening will be another boost to their business.