US authorities raided dozens of stores in New York's Chinatown Tuesday in a crackdown on counterfeit goods that yielded fake watches, bags and perfumes with a street value of one million dollars.
Driven by demand from rich Middle Eastern clients and high-flying businessmen, the market for luxury private jets is booming, industry leaders said at the close of the Singapore Airshow.
The price of oil touched an all-time peak of 101.32 dollars a barrel in trading on Thursday, lifted by fears of supply disruptions, according to analysts. Oil's surge helped gold to a record high of 948.
French cosmetics giant L'Oreal said on Thursday February 12th it expects further improvement in its earnings this year as an expected slowdown in the key North American market is offset by emerging country demand.
Reckitt Benckiser , the world's biggest household cleaning goods group, met market forecasts with an 18 percent rise in 2007 profit but signalled slower growth this year.
The price of platinum soared to a record high near 2,000 dollars here on Tuesday February 12th as the precious metal was swept higher by persistent supply concerns in top producer South Africa.
For 400 years, Canada sold most of its wild animal pelts to Europe -- but now Russia and China have become its biggest markets as their booming economies breed a wealth of fur fashionistas.
EU antitrust regulators stepped up a probe into microchip giant Intel on Monday February 11th by raiding the US company's German offices and computer retailers on suspicions they might have stifled competition.
The price of platinum struck an historic high nearing 1,900 dollars here Monday on supply disruptions caused by power shortages in South Africa, the white metal's biggest producer, traders said.
Lovelorn staff at a Japanese marketing company can take paid time off after a bad break-up with a partner, with more "heartache leave" on offer as they get older.
The advocacy group Public Citizen has petitioned US regulatory authorities to increase its warnings on Botox, the toxin used by millions around the world to temporarily erase wrinkles.
A consumer rights group has petitioned US regulators to bolster health warnings on Botox, the toxin used by millions around the world to smoothe wrinkles.
In Japan, high fashion is no longer limited to clothing but is becoming an experience in itself, with shoppers seeking a moment of pleasure found on a plate, in a spa or between silk sheets.
Elements, Hong Kong's latest colossal shopping mall and luxury goods temple, is a living illustration of the city's bid to lure a new generation of brand-mad spenders from the Chinese mainland.
The famed Champs Elysees avenue in Paris, where Charles de Gaulle celebrated liberation from the Nazis, has lost another round in its battle against an invasion by global chain stores.