Ritz Carlton Grand Cayman Yacht to be Sold
Michael Ryan, the developer of the Ritz Carlton Grand Cayman is reportedly selling his luxury sail boat for $10.3 million, according to online reports. Ryan's 128-ft sailing yacht Tenaz will be exhibited at the Monaco Yacht Show in Europe between September 22 and 25.
Watchmaker Hublot’s High Expectation from Asia
Swiss watch brand Hublot is planning to double up its stores in the promising Asian market especially China. The soccer World Cup time keeper has already plans to open at least 15 stores by next year.
Mont Blanc thrives in China
Till a couple of years ago, the largest market for luxury brand Mont Blanc was the United States. Then in 2008, China sped by and till date remains the pen and watch company's largest market.
Rare jewels on auction by Sotheby’s
Sotheby's Auction House will be auctioning off a set of important jewels from major jewelers by the end of this month. The auction to be held in New York on September 28 will feature pieces from Harry Winston, Cartier, David Webb and Tiffany & Co.
It’s a match point
If you are one of those individuals who likes to drive in style and go to work in style then industrial designer Beau Reid has a unique offer for you.
Fly to space with Boeing in 2015
You just have wait till 2015 for a trip into the space, as US aerospace giant Boeing and Space Adventure have tied up to put tourists into low-level orbit in a futuristic capsule.
Researchers develop protein-packed potato in India
Researchers in India have developed a genetically modified potato that is packed with up to 60 percent more protein and increased levels of amino acids.
Births not affected by 9/11 attacks: study
Pregnant women who were around New York's World Trade Center during the September 11, 2001, attacks didn't have a higher risk of giving birth to premature or low-weight babies, researchers said on Tuesday.
Scientists find clue to cell damage after stroke
Scientists have found that an enzyme is responsible for the death of nerve cells after a stroke and say an experimental drug that dramatically reduced brain damage in mice may also offer hope for humans.
Clinton unveils U.S. funds for clean cookstove push
Secretary of State Hillary Clinton announced on Tuesday a U.S. contribution of some $50 million toward providing clean cooking stoves in developing countries to reduce deaths from smoke inhalation and fight climate change.
U.N. chief to launch women, children health drive
U.N. Secretary-General Ban Ki-moon will announce on Wednesday a $40 billion launch to a plan to save the lives of 16 million women and children over the next five years, U.N. officials said.
Obesity rates remain 'disturbingly high'
Chances are slim to none that the U.S. will meet its public health goal of sharply reducing the number of obese adults by this year, according to federal health officials with the Centers for Disease Control and Prevention in Atlanta.
Americans want deficit cut even in tough economy
A majority of Americans prefer cutting the deficit to increasing government spending as a way to improve the tough economy and believe a more balanced budget would help create jobs
Momentum grows for tackling U.S. deficit
Broad public concern about the U.S. budget deficit and big election gains for Republicans on November 2 could boost prospects for agreement on ways to slash spending
Analysis: No scope for more Obama stimulus post November
Expected Republican gains in November elections will limit President Barack Obama's room to maneuver on economic policy and focus the United States on hard choices needed to confront its yawning budget deficit.
Abbott to cut 3,000 jobs following Solvay deal
Abbott Laboratories Inc plans to cut 3,000 jobs, or about 3 percent of its workforce, following its purchase of Solvay SA's pharmaceuticals business.
Geithner, Warren seek more mortgage disclosure
Treasury Secretary Timothy Geithner and special advisor Elizabeth Warren said they intend to make mortgage language simpler so consumers can make better choices as they opened a forum on the topic on Tuesday.
Housing starts at 4-month high
Groundbreaking for new U.S. homes jumped in August to a four-month high, a tentative sign of stability in the housing market after steep declines brought by the end of a homebuyer tax credit.
30-year mortgage rates fell in latest week
Interest rates on 30-year fixed-rate mortgages fell for the first time in three weeks, real estate website Zillow.com said on Tuesday.
BofA's government-backed mortgage modifications slow
Bank of America Corp said on Tuesday the pace of its mortgage modifications under the government's primary aid program to forestall foreclosures continued to slow in August.
Ally unit asks vendors to suspend some evictions
GMAC Mortgage, a unit of Ally Financial Inc, has asked some outside vendors to suspend some evictions, a spokeswoman said.
Is a realty asset bubble coming up in Malaysia?
Will the sharp price jumps in the Malaysian local housing market lead to an asset bubble? A recent Star Bizweek report analyzes just how real the threat is.
Bill to shorten short sale modus operandi
As homeowners and real estate agents continue to whine about how long a short sale process takes, US Congressmen are planning to move a bill that would require lenders to respond within 45 days
Singapore gets new real estate regulatory board
Lawmakers in Singapore passed a Bill to create a new statutory board that will regulate the real estate agency business in the country.
Ex-NBA star to launch realty fund
David Robinson, an NBA Hall of Fame star, is venturing further into the real estate investment world.
Lennar profit beats, orders down less than feared
Lennar Corp, the third-biggest homebuilder in the United States, reported a higher-than-expected quarterly profit and a decline in orders that was less severe than Wall Street had feared.
China ministry orders building of affordable homes
China's housing ministry has ordered construction to begin for all affordable housing projects before the end of September, the China Securities Journal reported on Tuesday.
Four funds eye Honda's stake in Hero Honda: report
KKR & Co, TPG Capital, Carlyle Group and Bain Capital Llc are competing to acquire a part of Honda Motor Co's stake in India's biggest motorcycle maker, Hero Honda Motors
SAIC approached GM about IPO stake: sources
China's top automaker SAIC Motor Corp has reached out to General Motors Co GM.UL to explore the prospect of taking a stake in the automaker when it goes public this fall, four people with knowledge of the matter said.
Nissan to double China capacity
Japan's Nissan Motor plans to double its capacity in China by 2012, joining a host of peers that have made similar recent moves to capture a bigger slice of the world's biggest auto market.
