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Business Matters: LVMH scraps Tiffany takeover

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10/09/2020 GMT

LVMH scraps Tiffany takeover

BBC World Service - Business Matters, LVMH scraps Tiffany takeover

The French luxury goods giant has said it is pulling out of the high-profile deal

French luxury goods giant LVMH has said it is pulling out of a high-profile deal to buy US jeweller Tiffany & Co. The Financial Times' Leila Abboud in Paris explains how French politics and transatlantic trade tensions played into the decision. Also in the programme, Governor Andrew Cuomo has announced New York City restaurants can reopen indoor dining at 25 percent capacity on September 30th. We'll hear from one Brooklyn restaurateur on her ambivalence about the new conditions. The BBC's Ed Butler explains how a temporary alcohol ban in South Africa during the coronavirus pandemic has led some South Africans to question whether more permanent measures to curb drinking might be worth considering. We'll hear about the latest fad in online dating apps, and entertainment journalist Caroline Frost joins to mark the end of the long running reality TV show Keeping Up With The Karsashians.

All through the show we'll be joined political reporter Erin Delmore in New York and Jodi Schneider with Bloomberg Asia in Hong Kong.

(Picture credit: Getty Images)

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