Airbus parent EADS delays A350 but avoids heat of crisis

Airbus parent EADS pushed back its A350 carbon-fibre jetliner by six months with a 200 million euro charge as it seeks to avoid errors like those that nearly derailed Europe’s A380 superjumbo. Despite storm waves in Western economies, Airbus and Boeing, who dominate the $70 billion aircraft market, are boosting output to meet demand from … Read more

Men in their late 20s and 30s are the biggest consumers, say jewellers

Men are probably much more comfortable participating in jewellery shopping now than ever before India to become the 3rd largest men’s luxury jewellery market in the world India has overtaken the US to become the third-largest men’s luxury jewellery market in the world this year, according to researcher Euromonitor International. The researcher estimated the country’s … Read more

40 Years Of BMW’s M Division celebrated With Special Edition M3

BMW Celebrates 40 Years Of M Division With Special Edition M3 BMW has announced a special run of M3 Competition Edition coupes for the North American market that celebrates the 40 years since the founding of BMW M in 1972. A total of 40 examples will be offered, all finished in Frozen Silver and featuring … Read more

Encouraging Chinese to own yachts is the biggest challenge this industry faces

While several marinas have been developed along the China’s eastern coast in the past five years, Chinese coastal waters are still strictly regulated, and import duties of 43 percent have dampened the development of a vibrant yachting culture. In 2009, the Chinese yachting market was worth $440 million, according to a recent report by China … Read more

Picasso takes lead in biggest auction art sales

Picasso takes lead in big New York art sales Christie’s and Sotheby‘s hold their big autumn art sales in New York starting next week, with both houses looking to to excite a robust market. The prominence of important works by Picasso, Matisse and other modern masters in the impressionist and modern art sales at Christie’s … Read more

The 77th London to Brighton Veteran Car Run expects about 500,000 spectators

Only vehicles built before 1904 eligible to take part in the event About 500,000 spectators expected to line the route The annual international classic calendar will finish only in November – with the “London to Brighton Veteran Car Run” (LBVCR) in England. The world’s longest running and greatest motoring celebration. The annual November event attracts … Read more