The Taiwan Banana Research Institute wants to make the banana a luxury product. It hopes consumers will consider the Pei-Chiao bananas, the Cavendish variety most often grown in Taiwan, a delicacy for which they will pay a premium price. “Our goal is …

The Hurun Report's 2013 China Rich List says there are now 315 billionaires in the country, the first time the number has surpassed 300. Rupert Hoogewerf, who publishes the Hurun Report, told VOA the trend is impressive, considering China is going …

Making one's wealth in the retail industry hurt a number of other Chinese billionaires, including Zhou Chengjian of casualwear firm Metersbonwe Group, Gao Dekang of apparel company Bosideng International Holdings, Xu Yu & Li Shanhu of retailer Trendy …

Larry Page, Sergey Brin, and Eric Schmidt are all billionaires, many times over—which you might think disqualifies them from buying cheap vacation gas from the military to keep their private aircraft fueled in government-owned hangars. Incorrect. The …

A tug of war involving two billionaire-backed space ventures has forced NASA to put a hold on its plans to turn over one of its historic space shuttle launch pads to a commercial operator by the end of this month. Now it could take until mid-December …

With its planned purchase of Saks Inc., Toronto-based Hudson's Bay Co. wants to do something that's long been a challenge: Convince Canadian luxury consumers to shop in Canada rather than the U.S.. Hudson's Bay, which agreed in late July to buy Saks …

Oprah says she was the target of racism while shopping for a purse at a Swiss luxury store. Lindsay Claiborn reports. … At the time, it was reported that Oprah's Down Under adventure would inject more than $47 million into the economy. ###. Start of …

Its Spring Indulgence package includes two nights in a luxury Heritage suite with private swimming pool and verandah, gourmet breakfast, lunch and dinner daily, all non-alcoholic beverages, a select range of local wines and beer, two on-site nature …

“I prefer to live a full life, including some adventures from time to time (such as mountaineering or sailing expeditions). And, fortunately, I have a family … Luxury cruise ships full of tourists are almost as common as polar bears in Canada's …