The research paper noted that recent episodes had shown the pitfalls of a one-way bet against the peso as institutions without natural hedge against currency devaluation converted liabilities to dollars earlier in the year. It said the BSP would …

Exports to India would be affected as local products like garments – mainstay of Bangladesh economy – will lose competitive edge while import costs would fall by more than 10% or around $500m. “Devalued rupee is a bane for local exporters, but boon for …

Retailers “all recognize the need to expand outside of South Africa, because South Africa is becoming increasingly competitive,” Roger Tejwani, a retail analyst at NOAH Capital Markets who has a hold recommendation on Foschini, said by phone from Cape …

“If Bentley Motors wants apprentices, 2,000 people apply, but if you're a handbag manufacturer you don't get that much excitement,” Gerald Bodmer, the creative director of the firm, says. Interns need to think with their heads as well as their hearts …

According to the New Yorker, there are certain psychological factors involved – like the fact that we think of lobster as a luxury item, not a commodity. Since we therefore associate lobster with a high price, lowering the cost of it at a restaurant …

Boston, MA — (SBWIRE) — 08/21/2013 — Luxury electronic gadgets is a small category, registering low interest among Polish consumers. Owners of such exclusive devices as those sold under the Vertu, Versace, Tag Heuer and Dolce & Gabbana brands are …

It could come from a government running a deficit, but the Republic of Ireland, still operating under the watchful eyes of the International Monetary Fund, the European Central Bank, and the European Commission, doesn't have that luxury. Since the …

Coral Reef of Adventure: This IMAX film takes you through many of the diverse areas where coral reefs are crucial habitats, from Tahiti to the Rangiroa atoll. Ends Aug. 22 at the Reuben H. Fleet Science Center in Balboa Park. Ghost Graduation: A …

Fun fact: Located about a 90-minute car drive from the small resort town of Ocho Rios is Goldeneye, a luxury resort that was once home for Sir Ian Fleming, the famous author behind the James Bond novels. If you can't afford to stay where Bill Clinton …