The luxury chain controlled by Tata Sons Ltd. had 38.18 billion rupees ($602 million) of debt as of March, according to data compiled by Bloomberg. The company, with 22 resorts from the U.S. to Mauritius, reported a loss of 191 million … Mistry is …
21 (Bloomberg) — Bayerische Motoren Werke AG, the world's biggest maker of luxury cars, is struggling to deliver spare parts on time because of a new supply-management system, forcing customers to wait for repairs. About 10 percent of the parts are …
The luxury travel segment, which is usually immune to such price movements, is now starting to feel the heat as well. Abercrombie & Kent, which offers luxury, customised tours catering to high net worth clients, says enquiries have dropped in the last …
Tallahassee's Neighborhood Medical Center expands …: After three years, the Neighborhood Medical Center has expanded its reach beyond the heart of Tallahassee's Frenchtown and into rural Havana. The full medical facility will mirror services offered …
“These findings confirm that Individual Marketing is a uniquely effective way to generate profitable incremental revenue in the luxury hospitality environment,” said Daniel Gates, SweetBeam VP – Client Services. “With Individual Marketing, hoteliers …
NorthStar Moving has redefined the moving industry as the first to offer eco-luxury moving services. NorthStar Moving provides special care to ensure valuables are well protected—from extremely affordable full service storage, to eco-luxury service …
BEIJING (IDN | Yale Global) – Imagine having predicted in 1990 that the Japanese economy, then widely expected to overtake the US within a decade or two, would grow on average by less than 1 percent a year for the next 20 years. In the unlikely case …
The move may enable the Reserve Bank of New Zealand to delay any increase in its cash rate until it is more comfortable with global economic developments and domestic inflation. It is another in a growing list of experiments in the use of macro …
My conclusion was that the big risk is a policy overreaction in affected economies. Governments or central bankers worried about depreciation or its effect on inflation will be tempted to move monetary policy in an inappropriately tight direction. And …