J.P. Morgan Asset Management Invests USD 45 Million in Brazil’s Dafiti J.P. Morgan Asset Management, a global leader in investment management with assets under supervision of approximately $2.0 trillion and assets under management of $1.3 trillion, will invest USD 45 million (R$90 million) in Dafiti, Brazil’s largest fashion e-commerce retailer. Launched in January 2011, Dafiti … Read more
Top 10 best street food cities in the world Variety and abundance of options situate Bangkok (Thailand), Singapore and Penang (Malaysia) at the top of the best street food cities in the world, according to a new VirtualTourist research, a user-generated travel site whith 1.2 million members from 220 countries around the world. For evening … Read more
First Michelin-starred chef to cook in the last Shangri-La. The first luxury international resort to open in the Buddhist Kingdom. Bhutan, one of the last ‘virgin markets’ in the world alongside Myanmar, is well-positioned to present itself as a luxury destination for the deep pocketed. The tourism industry of Bhutan is trying to pitch the … Read more
The history-rich Cavendish London acquired by Ascott for £159 million Built in the early 1960s, the history-rich Cavendish London hotel will be reconfigured into a luxury serviced residence and rebranded The Ascott St James London, as Ascott, the world’s largest serviced residence owner- operator, has cquired Cavendish London for £159 Million. The strategic takeover … Read more
‘Made in China’ is usually what it says on clothing labels but ambitious Chinese retailers are now looking to make their own brands household names in the UK
Japanese distillery Suntory will be releasing a special edition whisky to mark the 50th anniversary of the Rolling Stones formation Japanese whisky distiller Suntory will release a special whisky for Rolling Stones 50th anniversary. Besides the precious whisky, the $6,300 (€5,208) bottle is the one who caught the worldwide attention. The recipient is featuring the … Read more