(Bloomberg) -- Yoox SpA agreed to buy Cie. Financiere Richemont SA's Net-a-Porter business in an all-stock deal that creates the world's biggest online luxury-goods retailer.
The billionaire investor, Warren Buffett, has said he would not raise interest rates if he was in charge of the US Federal Reserve.
A decade of strong growth in Scotch whisky exports came to an end last year as overseas sales fell, according to new figures. The Scotch Whisky Association (SWA) said HM Revenue and Customs data showed exports fell 7% to �3.95bn in 2014.
US technology giant HP is suing former Autonomy executives Michael Lynch and Sushovan Hussain for $5.1 billion in the UK High Court for alleged fraud.
More than 3,000 workers at B&Q stores are set to lose their jobs over the next two years as the parent company's new boss revealed plans for a major overhaul of the DIY chain.