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(Bloomberg) -- From King Constantine II of Greece and Saudi Arabia’s Sheikh Yamani to Russian billionaire Roman Abramovich, London’s mansions and penthouses have been a preferred haven for superrich exiles and expats since at least the 1970s.
(Bloomberg) -- For the man who launched and operated some of the world’s coolest and exclusive hotels and clubs—London’s Chiltern Firehouse, New York’s Mercer, and Chateau Marmont in Los Angeles—David Bowd has a surprisingly humble demeanor.
(Bloomberg) -- The cargo ship that caught fire in the Atlantic while transporting roughly 4,000 Volkswagen AG vehicles to the U.S. has sunk despite efforts to tow it to safety. The Felicity Ace sank 220 nautical miles off the coast of Portugal’s Azores Islands around 9 a.m.
(Bloomberg) -- It’s a car person’s nightmare: The special Bentley or Lamborghini you ordered half a year or more ago is finally on a cargo ship headed your way. Then the ship catches fire. The nightmare became reality Feb.
(Bloomberg Opinion) -- We’re all finally going on a summer holiday. That’s the hope anyway. Evidence of a recovery in leisure travel is mounting, but we’ve been here several times before.