03/07/2015
The government introduced the mechanism to encourage long-term shareholdings, but institutional investors, who traditionally prefer the “one share, one vote” mantra, have voiced their concerns about the scheme.
03/03/2015
The choice of material lends a muted, almost somber tone to the design, which is appropriate for the concluding model.
02/27/2015
Swiss-owned luxury brand Montblanc is to sell fountain pens made from a "miracle pine" tree that survived the 2011 tsunami, for a hefty $4,400, an official said, with 20 percent of takings donated to local people.
02/26/2015
A listing for a three-bedroom, $27 million apartment at One57, New York's prominent luxury condominium high-rise on "Billionaire's Row," is still on the market after one year.
02/22/2015
The ruble, which lost 40 percent against the euro last year, has crippled demand from Russians for luxury goods, and many labels are growing concerned the trend could last, with no end in sight for the conflict in Ukraine.