Luxury goods

Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods. The founder of LVMH — whose offerings include Louis Vuitton handbags,...

Greeks have already suffered through seven days of capital controls, imposed after the government's decision to call a referendum. The controls prohibit citizens from withdrawing more than 60 euros per day and making any transactions with foreign companies and...