Lamborghini crashes within 20 minutes on the road

A £250, 000 brand new Lamborghini crashed on  M1 motorway just twenty minutes into its first trip in  Ossett, West Yorkshire. The sports car suffered mechanical failure and as it broke down on the third lane of the M1 before a van rammed into its back. Police reported no injuries but tweeted “It’s only a…

New Scent of terror against the proposed Moscow perfume store

A team in Moscow has created a Putrid scent in a protest against plans for a perfume store in a historic building with a terrible past. The former military court saw thousands of people condemned to death during Stalin’s Great Terror in the 1930s. The Great Purges involving thousands of people with public trials of …

Way forward for 5G networks

A couple of months ago, the heads from 18 small British telecoms companies met at a London bank to discuss investment, strategy, and mergers. In the meeting, they were asked if they thought the Chinese could eavesdrop through back doors in Huawei equipment all 18 hands went up. One of the bankers then asked, if…

New gadgets spotlighted at CES

Amazon and Google have hired lots of floor space at CES to spotlight products that tie into their virtual assistants. LG display says it has a 65in ceiling mounted screen that can be rolled up when not in use. Min-LED involves using smaller light-emitting diodes than normal to illuminate a screen’s colour pixels which allowed…

LVMH acquires Tiffany for $16.7bn

Bernard Arnault’s luxury LVMH is set to buy Tiffany & Co for $16.7bn, after the US jeweller negotiated to raise the offer by $600m to clinch an agreement. Europe’s richest man and his group can restore Tiffany to its former glory as one of the top brands in global luxury. The boards of both companies…

French Luxury group LVMH pounces on Tiffany with a $14.5bn takeover bid

Tiffany is expected to rebuff an unsolicited $14.5bn takeover approach from Bernard Arnault’s French luxury group LVMH. Tiffany’s adviser were yesterday still examining the surprise indicative offer from LVMH, the world’s largest luxury group by sales. The all-cash offer came earlier this month which pitches Tiffany shares at $120 per share at that time. Shares…

H&M cash in on hair styling and vegan cosmetics with fewer clothes

A streamlined Hennes & Maurtiz store, decluttered in  Karlaplan, affluent district of Stockholm, started crucial experiment which could turn the fortunes of the Swedish purveyor of cheap chic. H&M struggled for profitability in the wake of tough competition from Zara, owned by Spain’s Inditex,  whose fashion were sharper. Menswear has been ditched so the selection…

Downside of vaping illness

  Nearly 3 million people in UK uses Vaping and e-cigarettes, which is inhailing a mix of nicotine and heated oil which is often seen as an alternative to smoking which can help you quite but its safety is still very much in the dark.  In the US however, the potential risks are in the…

New trend to attract the rich and elite

Audemars Piguet’s new presence in London’s Bond Street with brass plague and a small flag is tapping into the value of discretion that is inherent in the concept of luxury, like a private member’s club than conventional watch shop. Wealthy customers invited to the venue for dinner and drinks will find plasma screens and deep…