Ecuador uses the dollar as its currency, having “dollarized” its economy in 2000 and dropped the national currency, the sucre, after a banking crisis and a period of high inflation in the 1990s. While Quito has beautifully preserved colonial churches …

High court voids key part of Voting Rights Act · Organizing for Action: The secret emails revealed · Student ordered to remove cross necklace at California college · White House postpones Obamacare's employer mandate until after midterm elections …

The fabled Christina O, once a Canadian warship that helped launch the historic D-Day assault before its transformation into the world's most luxurious yacht, has been put up for sale by its current ownership consortium — 70 years to the month after …

Walvis Bay's syncrolift is currently hosting a rather unusual visitor, a new luxury super yacht understood to have been purchased by a relative of Angola's President José Eduardo Dos Santos. The yacht bears the name My Fair Lady and has been shipped …

Swimming along the bottom of the saltwater pool at the Memoria Palace & Resort, I open my eyes and look at the neat blue-and-white tiles spread out before me, trying to square the pristine sight with what I'd heard a few hours earlier about the land …

The emerging new rich in China are buying the world with their enormous appetite and money, but the report shows pressure for maintaining a luxury lifestyle is becoming stronger. Based on a study of 11 cities in Asia, the Julius Baer said Shanghai is …

London, a former partner at accounting firm KPMG, pleaded guilty on Monday July 1,2013 in Los Angeles to a securities fraud charge for providing insider information to a friend who plied him in return with cash bribes, a Rolex watch and other luxury items.

The report noted that the cost of a tertiary education, especially at prestigious institutions, is rising faster than any other luxury item. However, it said, rich Chinese parents are most willing to spend on it. "Chinese parents care about the next …

Yes, Deneve has worked managing a string of luxury fashion brands since 1997, but he is also an Apple alumnus: From 1990 to 1997 he held a series of marketing and sales jobs in Apple's European operations. "Marketing luxury goods, after all, is what …