Tag - recession

Nandini | Aug 31 2009
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The art market is one niche which did suffered its share of downfall in the recession but was still considered a safer place to invest one’s savings than the turbulent stock market. Now is the time to rejoice for all those art lovers, who had their...
Pankaj | Aug 20 2009
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We aren't always talking about global financial crisis here on Bornrich, where a large array of luxury goods is flashing every day. We did not even stop to mourn the "once-in-a-century" financial crisis when the markets worldwide collapsed to an...
Naveen | Jun 9 2009
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If the recession has nothing do with your bling-bling shopping habits, you need to take a look at this shimmering door set that asks for a whopping €25,000 (about $34,900). This blinged door is from the new “Pinum Doors & Windows” showroom in...
Nandini | May 14 2009
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While speculation seems to continue regarding the spending habits of the uber-rich in these recessionary times, there’s still a strata of the society who is spending like there’s no tomorrow! The latest flashy spending comes from a billionaire Arab.
Peter | May 8 2009
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With several islands off the Great Barrier Reef being "foreclosed" due to filing for administration, Reuters news agency has reported that now is the best time to bag a bargain. Global real estate agency Coldwell Banker's Capricorn Coast branch...
Naveen | May 5 2009
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Love her or hate her, Paris Hilton sure knows how to create the buzz. Shopaholic Hilton is now saying that her millions could bring the economy back on track. Hilton, 28, says that spending her millions on items, such as a diamond-studded D&G dress...
Nandini | Apr 28 2009
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Despite the reports that the wealthy strata of society is shying away from disclosing their luxury purchases, royalty knows no bounds. Prince Mohammed bin Abdulaziz of the Saudi royal family, known for his ostentatious spending habits, has recently...
Nandini | Apr 28 2009
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The Australian economy could not hold back for long from the global recession and is already feeling the pinch of the global downturn. The latest victim of this credit crunch is Fitzroy Island, famous for its Nudey Beach. The freshly revamped $100...
Nandini | Apr 23 2009
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The recession has dampened the market for arts and antiques, but it’s still considered a wise investment when paper assets are losing their value. And once the market is on the rebound, you can even choose to sell them for big bucks. Coming at...
Nandini | Apr 17 2009
hawke Rwji4
The business class aviation industry is officially feeling the pinch of the recession. Hawker Beechcraft Corporation, known for its high-end private jets for the business class, has reported lower net sales and an increased operating loss for the first.

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