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BMW leads Mercedes for US luxury car market crown

German automakers BMW, Mercedes-Benz and Audi are battling furiously to dominate the lucrative US luxury car market.

BMW leads Mercedes for US luxury car market crown
©Caviar Kazakistan
Gold plated iPhones: specially for Kazakhstan

CAVIAR iPhone brand has designed an exclusive iPhone line specially for Kazakhstan.

Gold plated iPhones: specially for Kazakhstan
World Trade Organization (WTO) Director-General Roberto Azevedo. ©Reuters/Denis Balibouse
US wins WTO case against China on luxury cars

The WTO on Friday rejected Chinese tariffs on US-made luxury cars, handing Washington a victory on one of the growing number of disputes between the world's two largest economies.

US wins WTO case against China on luxury cars
Yessentai Mall on Al-Farabi Avenue in Almaty. ©almaty-kazakhstan.net
Almaty avenue among world's most expensive streets

Al-Farabi Avenue in Almaty is in the 40th place among the most expensive streets in the world according to Cushman & Wakefield.

Almaty avenue among world's most expensive streets
Photo courtesy of avtolog.com
Porsche recalls new 911 model due to engine fire risk

Porsche, the German maker of luxury sports cars, said Wednesday it is recalling all 911 GT3 models built this year due to risk of possible engine fire.

Porsche recalls new 911 model due to engine fire risk
Luxury carmakers veer into booming SUV space

Massive or small, affordable or off-the scale pricey: urban sports utility vehicles abound at the Geneva Motor Show, with luxury carmakers speeding into the lucrative market.

Luxury carmakers veer into booming SUV space
NY Fashion Week unveils double-layered sexy look

Heavy woollen coats unbuttoned to reveal sexy silk and chiffon dresses, New York Fashion Week is indulging women of style with a double-layered look for fall/winter 2014.

NY Fashion Week unveils double-layered sexy look
©Reuters/Gary Cameron
Swatch wins compensation from Tiffany's in contract row

Swiss watchmaker Swatch Group has won a lawsuit against US jewellery group Tiffany & Co over a failed joint venture to jointly design and market luxury watches.

Swatch wins compensation from Tiffany's in contract row
©Reuters/Roy Madhur
China's graft crackdown hits watches, luxury market

Luxury watch sales fell in the key Chinese market this year in the face of a crackdown on corruption and extravagance, a global consultancy said.

China's graft crackdown hits watches, luxury market
Luxury carmakers target urban young with SUV crossovers

Luxury carmakers are falling over themselves to tap into a growing trend for crossover compact SUVs, targeting young urban professionals who want a sporty feel with high-end cachet.

Luxury carmakers target urban young with SUV crossovers
©Reuters/Petar Kujundzic
Chinese man gives future bride 8.88 mn in cash

A Chinese suitor who gave his future bride an auspicious 8.88 million yuan ($1.5 million) in cash drew ire Thursday for the extravagant display of wealth in the still-developing country.

Chinese man gives future bride 8.88 mn in cash
From North Pole to the stars: Russia's thrill-seeking tycoon

Other tycoons may plough their millions into yachts or private jets, but Vasily Klyukin prefers a good "adventure". On his diary for next year? A space trip with Leonardo DiCaprio.

From North Pole to the stars: Russia's thrill-seeking tycoon
Photo courtesy of filmofilia.com
Bed down to reinvent cinema in New York

If box office takings have stagnated in recent years, one US cinema is wooing back film lovers with big, fat, leather recliners... reminiscent of well, beds.

Bed down to reinvent cinema in New York
Photo courtesy of passion4luxury.blogspot.com
Exclusive world of private jets flies high to Las Vegas

The exclusive world of business jets associated with film stars and royalty is showing signs of being on the up as a vital tool for companies and executives.

Exclusive world of private jets flies high to Las Vegas
©Marat Abilov
Nazarbayev supports introduction of wealth tax in Kazakhstan

Rich people should channel their wealth into development of the country that helped them become who they are, Nursultan Nazarbayev.

Nazarbayev supports introduction of wealth tax in Kazakhstan
Japan's luxury fruit masters grow money on trees

With melons that sell for the price of a new car and grapes that go for more than $100 a pop, Japan is a country where perfectly-formed fruit can fetch a fortune.

Japan's luxury fruit masters grow money on trees
Audi to produce luxury cars in Brazil from 2015

Audi, the top-of-the-range carmaker owned by German auto giant Volkswagen, on Tuesday said it would start producing cars in Brazil from 2015.

Audi to produce luxury cars in Brazil from 2015
Photo courtesy of cityam.com
Glare from London 'fryscraper' blamed for melting cars

A British property developer said Tuesday it was investigating after sun rays reflected from its half-finished London skyscraper melted parts of several cars, including a luxury Jaguar.

Glare from London 'fryscraper' blamed for melting cars
Traditional Vienna goes brand crazy in luxury facelift

Half a dozen new five-star hotels, flagship stores for Louis Vuitton, Prada and Emporio Armani: Vienna is undergoing a luxury facelift that is delighting Arab, Asian and Russian tourists.

Traditional Vienna goes brand crazy in luxury facelift
Tod's shoes turns from Italy to beat crisis

Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.

Tod's shoes turns from Italy to beat crisis