Nevera transforms from a comfortable grand tourer into a pin-sharp performance machine in 1.85 seconds

The first year of Nevera production is already sold out, as eager customers hope to experience the world’s first all-electric hypercar. After five years of development and testing, three generations of powertrain technology, 18 prototypes, 45 physical crash tests and more than 1.6 million collective hours of research and development, the very first full production … Read more

Latest innovations in performance fibers and composites for aviation industry

The Farnborough International Airshow will make its return on 18-22 July 2022. For decades, the Farnborough International Airshow has been the global platform for the aerospace and defence industry. This year, its role will carry even greater significance with FIA2022 serving as the first major event to reconnect colleagues from around the world, enabling business … Read more

The wealth management market to double in size by 2030. Report

Bain & Company expects the wealth management market to double in size, exceeding $500 billion in revenues by 2030 Bain & Company released today a new study on the wealth management market, predicting customer demand for wealth management services to surge to more than $500 billion by 2030—double the size of the market in 2021. … Read more

Current values and priorities of Ultra High Net Worth individuals and families. Research

Most Ultra High Net Worth individuals (UHNWs) rely on trusted advisors for their major investment needs and feel they are well-served for the most part. They thoroughly understand economic cycles, risk profiles, and risk/return and asset diversification scenarios across generations. During this unfolding economic downturn, most UHNWs prioritize their spending and investments based on individual … Read more

Airplanes to fly on sustainable fuel for Farnborough Airshow. Boeing unveils sustainability tool

Boeing’s fuel efficient 777-9 and 737-10 jets are coming to Farnborough Airshow 2022. Both airplanes are making their UK debut with flights from Seattle powered by a blend of sustainable aviation fuel to reduce CO2 emissions. CH-47 Chinook, P-8A Poseidon, FA-18E/F among defense platforms on display. Wisk Aero’s pilotless, all-electric air taxi to make European … Read more

LVMH-owned Sephora leaves Russia

The French chain of cosmetic stores Sephora announced the sale of 100% of the shares of its subsidiary in Russia to its local General Manager, reported the press service of the LVMH luxury holding, which owns Sephora and operated stores in 34 cities in Russia. Sephora enters into an agreement for the sale of 100% … Read more