At the wireless industry's biggest annual show in Barcelona, executives weren't afraid to ditch their Rolexes for plastic alternatives -- from smartwatches to connected bracelets. Carlo Ferro, finance chief at chipmaker STMicroelectronics, sported two.
Macau’s gambling riches sparked bloody gunfights between triad gangsters two decades ago. Today, there’s a new conflict brewing, only this time it’s being waged with private jets, limousines and million-dollar loans.
Tom Perkins may be able to buy a six-pack of Rolexes with the millions he made as a pioneering venture capitalist, but if he were an executive in the technology industry today, he could easily afford a boatload of luxury watches.
Former Virginia Governor Robert McDonnell, once a rising star in the Republican Party, was accused by U.S. prosecutors of using his office to enrich himself and his family in exchange for helping an in-state company’s chief executive promote his dietary supplement.
Treasury Wine Estates Ltd., the Australian maker of A$785-a-bottle ($686) Penfolds Grange, said first-half earnings fell as China’s crackdown on official gift giving curbed demand for premium vintages. The shares slumped by a record.
Along an Alpine fairway veiled between the private banks of Geneva and the lakefront estates of their jumpy Swiss depositors, Jean-Noel Bioul taps his wrist and offers clients the ultimate in luxury shielding for perilous economic times.