The world’s leading luxury carmaker BMW posted a bigger-than-forecast 27-per-cent gain in second-quarter profit  with the group aiming for record sales this year.Photograph: EPA/ARMIN WEIGEL

New models and strong sales in China helped BMW to beat second-quarter profit forecasts and keep it on track to remain the world’s biggest luxury carm(...)

Competition in Paris’ 5-star hotel markets is gearing up. Following the opening of the Peninsula (pictured), LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury-goods company, is set to open its own ‘palace’ by converting La Samaritaine department store.

A stone’s throw from the Arc de Triomphe, in a building where George Gershwin composed “An American in Paris” in 1928, the Peninsula opened its doors (...)

The longest line at the Farnborough International Airshow last week was for a model aircraft. In the absence of the F-35 Lightning, the colossally exp(...)

Ryanair soared by 2.4 per cent in a burst of afternoon trading to close yesterday at €6.80. The airline unveiled mobile boarding passes that will soon be followed by an expanded offering for business passengers. Photograph: Cyril Byrne

Global equity markets spluttered into life yesterday, lifted by Citigroup’s earnings in the US and more positive sentiment from investors towards e(...)

An unpublished interview by Bruce Chatwin with Irish designer  Eileen Gray in 1972 for the Sunday Times when her lacquer screen, Le Destin, sold for $64,000, a then record, inspired Patricia O’Reilly’s new novel

My impetus to write The Interview was a remark at a lunch that Bruce Chatwin had interviewed Eileen Gray in 1972 for The Sunday Times when her lacquer(...)

German airline Lufthansa slid the most since September 2001 after lowering operating-profit estimates for this year and next. Photograph: Jasper Juinen/Bloomberg

European stocks fell from a six-year high as companies including Deutsche Lufthansa and Vallourec cut their profit forecasts. German airline Luftha(...)

Emirates has cancelled a $16 billion Airbus order for A350 aircraft. Photo: Bloomberg

Airbus suffered its biggest-ever order cancellation as Emirates scrapped a deal for A350 aircraft valued at $16 billion, hurting efforts to break Boei(...)

Car designers should take great succour from Google’s self-driving car, particularly the unending sneers and derision from the engineering set. For(...)

The 3D printing process in operation

The internet is awash with tales of engine parts, full-scale bicycles – and of course the obligatory scare stories about firearms – being produced by (...)

Skoda’s CitiJet isn’t a serious production reality, but a bit of fun for the festival

Skoda will bring an open-top version of the Citigo city car to the upcoming Worthersee festival in Germany. Worthersee began as a Volkswagen owners’ c(...)