Spanish police arrested 17 people including six Chinese suspects for a ram-raid on a jeweller's in Madrid that looted luxury watches worth 23 million euros (USD 31 million), officials said today. The robbery last December was one of Spain's biggest …

Among the people arrested are 11 Chinese citizens, and more than 300 of the luxury watches have been recovered, some of them valued at almost 270,000 euros (about $368,000). Thanks to the cooperation of Interpol, authorities have been able to locate …

It showcased 11 of the world's finest luxury watches, including rare editions and avant-garde timepieces, many of which were unveiled for the first time in Malaysia. The Art of Time provided a platform for guests to experience the world of lavish horology.

Rapper Lil Wayne has become a major shareholder in a luxury watch and accessories company based in Paris, France. The Lollipop hitmaker has invested his money in wize&ope, forging a new partnership with firm bosses in the hope of introducing fans in …

When the company became suspicious, Ibrahim fled to Lebanon with millions of dollars worth of gold bars and the two luxury cars. He later returned to the United States and was arrested by Homeland Security agents, who became suspicious because he was …

In Haiti, children of poor families are often sent to live with other more affluent relatives who house, feed, and educate them in exchange for domestic labor. Naturally, these children often encounter abuse and may not be educated properly. Halfway …

What's more, most of the Relevant Products/Services is coming from outside the U.S., including many less affluent countries that aren't as attractive to advertisers. Twitter got only 26 percent of its revenue from advertisers outside the U.S. while 77 …

American Express accounts for an estimated 4% of the personal consumption expenditures in the U.S. and largely targets more affluent demographics, with many credit card products that require the full balance to be paid off each month. The average Amex …

In this Oct. 14, 2013 photo, ecology professor Ricardo Freitas catches a broad-snouted caiman to examine, then release back into the water channel in the affluent Recreio dos Bandeirantes suburb of Rio de Janeiro, Brazil. “Caimans are like tanks, a …