Category : Search result: global luxury market


Ferrari cuts UK cars as wealthy flee tax raids

Luxury car manufacturer Ferrari dramatically reduces British allocations as high-net-worth buyers relocate abroad following Labour's proposed tax increases on luxury goods and non-doms.

US Dollar Faces Worst Week Since August on Trade Fears

The US dollar faces its steepest weekly decline since August as escalating trade tensions and Federal Reserve uncertainty rattle global markets. Discover how this impacts stocks, bonds, and international trade.

3-Year World Cruise: Longest Voyage Ever Announced

Magine Cruises launches the ultimate maritime adventure - a 1,301-day global odyssey visiting 375 ports across 135 countries. The longest continuous cruise in history promises unparalleled luxury and discovery.

Expert Warns of Potential Stock Market Crash

Prominent financial journalist Andrew Ross Sorkin warns of potential market turbulence ahead, drawing parallels to historical economic downturns and urging investor caution.

Trump threatens 60% China tariffs in election pledge

Former President Donald Trump proposes sweeping 60% tariffs on Chinese imports, sparking concerns about renewed trade tensions and potential market volatility ahead of potential 2024 election return.

Ferrari Loses £4.5bn Amid 'Woke' Car Backlash

Ferrari faces investor backlash as its stock plunges 8% following CEO Benedetto Vigna's announcement of a new 'woke' electric vehicle, raising concerns about the brand's future direction and profitability.

Billionaires' Row exodus: £20M mansion sits unsold

An extraordinary London mansion resembling a 1980s cruise ship complete with nightclub sits unsold at £20M, signalling the dramatic decline of Britain's most exclusive address as billionaires abandon the capital.

Asian Markets Rally as KOSPI Hits 22-Month High

Asian markets surged with South Korea's KOSPI reaching its highest level in nearly two years, while Philippine stocks hit record highs as investor confidence grows across the region.

Seven UK Property Markets Shift to Favour Buyers

Exclusive analysis reveals a dramatic power shift in the UK property landscape, with seven major metropolitan areas now favouring purchasers amid growing concerns of a market correction. Discover the locations where negotiating power is returning to buyer

Anandes Mykonos: Redefining Serene Luxury in Greece

Discover Anandes, Mykonos' adults-only sanctuary of peace. Our in-depth review explores its breathtaking infinity pool, exquisite dining, and unparalleled service that redefines Cycladic luxury.

UK Sees 60% Surge in Million-Pound Home Sales

Exclusive analysis reveals a 60% surge in £1 million+ property sales across England and Wales, with the Cotswolds, Knutsford, and Harpenden emerging as the top hotspots for luxury home buyers.

Walmart's Secret Quiet Luxury Designer Sale Revealed

Discover how Walmart is slashing prices on premium 'quiet luxury' fashion and homeware items from renowned designer brands. Get insider tips on finding hidden gems and elevating your style without the exorbitant price tag.

Asian Markets Tumble on US Fed Rate Fears

Asian stock markets plunged sharply as fears of prolonged high US interest rates triggered a global sell-off. The Bank of Japan's intervention and regional banking concerns amplify the financial turmoil.

UK House Price Crash Alert: Major Cities Show Warning Signs

Exclusive analysis reveals alarming property market indicators across Britain's largest metros. Liverpool, Manchester, and Birmingham show critical overvaluation signals that could precede significant price corrections. Discover which areas are most at ri

Tesla Shares Crash After Musk's $56bn Pay Deal Rejected

Tesla faces a staggering $50bn market valuation loss as shareholders reject Elon Musk's colossal $56bn pay package, triggering a dramatic share price collapse and raising serious corporate governance concerns.

UK House Prices Post Sharpest Quarterly Drop Since 2011

Britain's property market faces a severe correction as new data reveals the fastest quarterly house price fall since 2011. With the Bank of England holding interest rates and a critical budget looming, homeowners and buyers brace for further uncertainty.

First-Time Buyers Delay Cars for £59k Deposits

Exclusive research reveals the heartbreaking financial trade-offs young Britons are making. Soaring mortgage deposits are forcing a generation to delay car ownership and major life events, creating a 'generation locked out' of the property market.

US jobless claims fall to eight-month low

New data from the US Labor Department reveals a significant drop in unemployment benefit applications, signalling unexpected resilience in the American job market despite economic pressures.

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