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German carrier reports third-quarter jump and gives upbeat forecast despite geopolitical uncertainty

Female Old Masters out in force; Rosenquist estate sells prints at Phillips; graduate auction initiative starts low 

Companies have raised $3.2bn since January, more than double last year, but challenges remain

Growth of 5.7% in three months to March comes despite slowing jobs market

Bright GDP outlook leaves central bank facing less pressure to ease borrowing costs

Also in this newsletter: eurozone inflation rises, China’s brandy-fuelled spat with Brussels, science round-up

Investors have worried that lacklustre consumer results and a weakening labour market signalled a slowdown ahead

Independent outlets in former Soviet Union are poised to be hit by temporary shut down at key US agency

Whodunnit?

No deal was reached with hedge fund after efforts to secure more than €400mn of financing