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Royal Bank of Scotland cancels luxury jet order

Royal Bank of Scotland cancelled a $45 million order for a luxury private jet that would have been used by its ousted chief executive and other executives if the bank had not needed a taxpayer bailout. R.B.S. is majority-owned by the British government and is mired in a high profile row over a £16.6 million [...]

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Pearl carpet sold for $5.5m in Qatar auction

Indian carpet made of pearls and gems today fetched a record $5.5 million at the first series of auctions held by Sotheby’s in the Gulf state of Qatar. The 5-foot-8-inch by 8-foot-8-inch Pearl Carpet of Baroda had been commissioned in 1865 by the Maharajah of the former Indian state of Baroda, possibly as a gift [...]

Concord C1 Quantum Gravity

Concord C1 Quantum Gravity

Swiss watchmaker Concord has revealed tantalizing images of an avant garde new timepiece, the C1 Quantum Gravity.

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BeoVision 4-103 by Bang & Olufsen

Bang & Olufsen has launched a new expensive product, the 103-inch BeoVision 4-103. According to WhatHiFi it is touted by the company as “the most spectacular TV Bang & Olufsen has ever made”. The BeoVision 4-103 features Bang & Olufsen’s VisionClear System, that uses a probe to recalibrate the white, red, blue and green quality [...]

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Diamond studded chocolate cake for lovers

Businessman Angelito Araneta Jr, 21, commissioned his catering service to create a chocolate cake topped with 15 African diamonds and covered with 24-karat gold leaf. Mr Araneta says he plans to sell the cake in Manila at 124,000 pesos ($13,480) to men for use as a marriage proposal gift. Source: MyPaper

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Gucci booth at the Baselworld 2009

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