7 Stories

Billionaire Missing in Chopper Crash

Lam Kok was touring French vineyard he had just bought

(Newser) - After a Chinese billionaire sealed the deal on a vineyard purchase, its previous owner took him for a helicopter tour—and the vehicle crashed. Now, Lam Kok is feared dead, the BBC reports. His 12-year-old son's body was retrieved from the wreckage, Sky News reports, but the other three... More »

Chinese Sow Stakes in French Wine Country

Foreign buyers retool prominent Chateaus for exports to China

(Newser) - Mao wouldn't likely approve on a couple of fronts, but Chinese investors looking to introduce their countrymen to the best in wine are buying up storied chateaus in the heart of French wine country, the Washington Post reports. Two companies paid several million dollars each to own Chateau Richelieu and... More »

In Wine Market, a Bubble Has Burst

Futures sales in trouble after years of spiraling prices

(Newser) - The most serious wine collectors buy their bottles "en primeur"—paying vineyards for futures of wines that haven't been produced yet. Futures prices for wine had spiraled higher and higher in recent years, even for inferior vintages, as a new class of big spenders moved into the market.... More »

Surprise: Bordeaux Whites Are a Delight

The region is famed for its reds, but don't overlook its whites

(Newser) - It almost sounds contradictory: exquisite white wine hails from Bordeaux, the unofficial home of red. But the whites produced in Pessac-Léognan—the heart of the Bordeaux region in France—include "some of the most thrilling, underappreciated white wines in the world,” Eric Asimov raves in the New ... More »

'07 Not Looking Like Good Year for Bordeaux

Weak quality, futures sales have French winemakers worried

(Newser) - French winemakers are increasingly worried about fizzling sales of futures from the 2007 Bordeaux harvest, AFP reports. Investors and drinkers are skipping the vintage because they expect little increase in price by the time it's ready to drink in 2009; one merchant says reluctance to trim prices shows "avarice... More »

France Arrests Basque Terror Group's Leader

ETA's No. 1 busted in joint police sting with Spanish

(Newser) - The suspected leader of the ETA, the Basque separatist group and terrorist organization, has been arrested by a joint Spanish and French police operation. Some 30 armed officers raided the Bordeaux apartment of Javier López Peña, who is believed to have headed the ETA since 2004. López... More »

Wines Tainted With Pesticides

Large majority of bottles in study contain hazardous substances

(Newser) - A large majority of European wines are tainted with pesticides and other toxic substances, a study by a consortium of environmental groups has found. Thirty-four of 40 bottles sampled, including grands crus from some of Bordeaux's most prestigious vineyards, contained hazardous pesticides, the Telegraph reports. But of the six organic... More »

7 Stories