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Highlights

Dubai Police appear to have secured a rare Bugatti Veyron to add to its supercar fleet, making headlines over the last few weeks. Police Chief Dhahi Khalfan Tamim tweeted a picture of the 1001 horsepower car on his verified account.

One year after its dramatic fall from grace and a catastrophic IPO, fund managers and analysts CNBC spoke to, say it's time for investors to take another look at Facebook's stock.

A wealthy Chinese businessman hired a crew to smash his Maserati Quattroporte at the Qingdao Auto Show. Here, the crew takes sledgehammers to the windshield of the supercar.

A wealthy Chinese businessman hired a crew to smash his Maserati with sledgehammers to protest poor customer service, but the story is similar to another incident. Is this a trend or a stunt?

Cherie Blair: The Press Hounded My Children Thu, 16 May '13 | 8:06 AM ET
Former Prime Minister Tony Blair (2L) stands with his family (L-R) Euan, Kathryn, Leo, Cherie and Nicholas.

Cherie Blair describes her battles with the British press over publishing details about her children's private lives.

Beckham to Retire from Soccer at End of Season Thu, 16 May '13 | 10:41 AM ET
David Beckham

David Beckham is retiring from soccer after the season, ending a career in which he become a global superstar since starting his career at Manchester United.

Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.

Mercedes-Benz launches their new S-Class series

Mercedes-Benz is digging in and putting more features into its redesigned flagship S-Class sedan. This is not just another ultra-luxury sedan.

Now Venezuela Is Running Out of Toilet Paper Thu, 16 May '13 | 6:50 AM ET

First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities - toilet paper.

The man who coined the term "Grexit" said the risks of a Greek exit from the euro zone have not gone away, despite the country having its credit rating upgraded on Tuesday.

Facebook's 'IPO-versary' Thu, 16 May '13 | 4:32 PM ET

On the way to its IPO, Facebook hit some major bumps in the road. Mark Zuckerberg probably doesn’t want to relive them but we do.

Poland is forecast to grow in line with crisis-mired Ireland this year, as euro zone woes hit Eastern Europe.

Wealthy Pour More Money Into Vineyards Wed, 15 May '13 | 6:56 AM ET

The world's wealthy are pouring more of their fortunes into prime vineyards, and brokers say demand is rising for raw acreage as well, prompting Christie's to start a new real estate service.

Gold is a "classic bubble" and could go drop to $500 an ounce, Fortress Investment's Michael Novogratz tells CNBC. "Once bubbles pop, they go all the way down," he says.

Two Musical Minds Seek a Different Kind of Mogul Tue, 14 May '13 | 11:00 PM ET
Dr. Dre

Record producer Jimmy Iovine and Dr. Dre are giving $70 million to the University of Southern California to help create the next Steve Jobs. The New York Times reports.

UK's Poundland Chain to Cut Prices to 97 Pence Wed, 15 May '13 | 4:34 AM ET

U.K. pound shop chain Poundland said on Tuesday that it planned to cut its prices to 97 pence in some stores in an attempt to undercut rivals.

Angry Babies, Tiny Antennas Buzz Media Giants Tue, 14 May '13 | 12:36 PM ET

The media industry is under attack. There isn't a silo within media where an incumbent is safe from the power of disruptors to rapidly and thoroughly upend the established order.

The least lucrative strategy for the investment banks and stockbrokers is "buy and hold" and it's the "buy and hold" investors who have made most of the money so far since those 2012 lows. Steve Sedgwick, Anchor at CNBC Europe writes.

Actor Sylvester Stallone poses during a photocall for the movie 'Rambo'

Europe's leaders need to act decisively on banking union in order to spur the region's economic recovery, Richard Hoey, chief economist at BNY Mellon told CNBC on Tuesday.

Prince Harry—UK Business Ambassador? Tue, 14 May '13 | 12:29 PM ET
Prince Harry with Gov. Chris Christie during his visit one of the areas affected by Superstorm Sandy.

The U.K. hopes Prince Harry will help drum up business and investment for the U.K. during his visit to the U.S.

Why Hotels Have High Hopes for Middle East Mon, 13 May '13 | 4:02 AM ET

Global hotel brands' aggressive expansion in the Arabian Gulf is helping to drive profits and offset markets hit by the Arab uprisings, hotel group CEOs told CNBC.

Virgin chief executive Richard Branson made his debut as a female flight attendant this weekend, donning a stewardess' uniform and serving drinks to passengers after he lost a bet with a fellow airline magnate.

Contemporary Art Sales Could Top 'Old Masters' Sun, 12 May '13 | 12:11 PM ET

The world's largest auction houses will host "blockbuster" sales of contemporary art this week, as buyers' tastes shift away from pre-19th century "Old Masters", a fine art expert told CNBC.

Sports Memorabilia: A New Safe Haven? Mon, 13 May '13 | 8:51 AM ET
A buyer looks at a Brazilian international soccer jersey at Sotheby's in London

Are investors in Britain and beyond beginning to put their money into sporting memorabilia that isn't as vulnerable to market movements?

Privacy Breach on Bloomberg Data Terminals Sat, 11 May '13 | 10:20 AM ET

A shudder went through Wall Street after the revelation that Bloomberg reporters had extracted subscribers’ private information through the company’s data terminals to break news. The NYT reports.

Next 'Star Wars' Film to Be Made in Britain Sat, 11 May '13 | 6:06 AM ET
Star Wars Stormtroopers pose for photographers in a queue at Legoland in Windsor west of London. The next Star Wars film is slated to be filmed in the U.K.

The force is coming to Britain. George Osborne, the U.K. finance minister announced on Friday that the next "Star Wars" film will be made in the country.

Larger IPOs Are Back…But From a New Place Fri, 10 May '13 | 12:00 AM ET

Large-scale IPOs have hit record levels year-to-date, as new emerging countries enter the market and investors hunt for higher returns.

A still from The Great Gatsby film showing off Tiffany's Great Gatsby Collection Savoy Headpiece.

Inspired by the glitz and glamour of the 1920s, several retailers are launching Great Gatsby-themed lines.

Manchester United, the world's second most valuable soccer club, has appointed David Moyes as the club's manager, following the retirement of Alex Ferguson.

Debt Ceiling Won't Be Hit Until Labor Day: Lew Fri, 10 May '13 | 5:15 AM ET

U.S. Treasury Secretary Jack Lew told CNBC on Friday that the U.S. debt ceiling would not be reached until September.

Prison for Berlusconi? Don't Bet On It Thu, 9 May '13 | 3:21 AM ET

Despite an Italian court ruling that Italy's former prime minister Silvio Berlusconi should go to prison, the leader of the center-right bloc could once again dodge Italy's legal system.