Business Monitor see long-term potential in the Chinese consumer market, particularly for non-essential items and aspirational purchasing by a growing, affluent middle class. Business Monitor forecast the average net household income will be US$13,333 …

… who are charged with being involved in anti-national or anti-Indian activities; the indiscriminate tapping of telephones; the holding of people in prison without trial; the denial of bail to certain individuals; and also the curtailment of a number …

At the mid-price point of $500,000 – $1 million, the supply is sitting at a balanced level of eleven months, and in the luxury market at over $1 million, the market has 15-months of supply, which is considered healthy for the high–end of the market …

Real estate agent Lauren Pillsbury of TTR Sotheby's managed to snag one of the best deals in December for herself when she bid against a developer to purchase a six bedroom house at 4403 W St. in Northwest Washington's Berkley neighborhood.

Hedge funds got less bullish on gold for the seventh time in eight weeks as signs of accelerating U.S. economic and tame inflation growth drive prices to the worst annual drop in more than three decades. The net-long position in gold fell 12 percent to …

"Our luxury resorts have increased rates by 8-10 % over last year and city hotels by 3-5%, thereby bucking the industry trend," said the group president Kapil Chopra. Le Meridien's vice-president operations Meena Bhatia said the chain had desisted from …

For services to radiology. Julia Frances Wasteneys Carrick. Global ambassador of Walpole. For services to the British luxury goods industry. Martin Peter Knops. Formerly counsellor at Oxfam. For services to Oxfam. Ceridwen Mary Roberts. Senior research …

The award of an OBE to the Financial Times's Julia Carrick is in recognition of services to British luxury, writes Scheherazade Daneshkhu. Through her work for Walpole, the not-for-profit trade body, Ms Carrick has played a critical role in giving …

… for surge-pricing model during peak travel days and nights. The company rolled out UberX this year as a cheaper option, which offers rides in hybrid or compact cars, but Uber's brand is, in the mind of many consumers, still synonymous with a luxury …