Lorre White reports, ‘Dubai ruler sets up Emirates Excellence Council’

Emirati Prime Minister and Dubai ruler Sheikh Mohammed bin Rashed al-Maktoum. (AFP/Getty Images) Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice president and prime minister of the UAE, has announced the establishment of the Emirates Excellence Council in order to foster a “national culture that encourages all to achieve excellence” in the Gulf state. The council will see all of the UAE’s existing local and federal excellence programmes brought under one umbrella. Sheikh … [Read more...]

Lorre White reports, ‘French Banks Record Deposits …’

Will French Banks Record Deposits Grease The Wheels Of The Region’s Economic Recovery? French banks’ corporate deposits hit a record at the end of 2012, helped by clients like Sebastien Mejean, the co-founder of online jeans retailer Sojeans. The entrepreneur put most of the 2 million euros ($2.7 million) he raised from an Italian fund in deposits at Societe Generale SA and HSBC Holdings Plc’s French unit. Mejean, like BNP Paribas SA client LVMH Moet Hennessy Louis Vuitton, SA, the world’s … [Read more...]

Lorre White reports – ‘The Collected Wisdom of Warren Buffett’

Lorre White reports: Warren Edward Buffett (/ˈbʌfɨt/; born August 30, 1930) There is no greater advertisement for the potent combination of formidable intelligence, commonsense, consistency and self-discipline than Warren Buffett. Tap Dancing to Work, Warren Buffett on Practically Everything, 1966 – 2012, a collection of articles about and by Omaha’s most famous citizen, drawn from an archive of Fortune magazine that spans almost half a century, is a wonderful reminder of those … [Read more...]

Lorre White reports – Baccarat opens in NYC Hotel

French luxury glassmaker, Baccarat announced the opening of a new flagship store in New York, on Madison Avenue, Spring 2013. The new Baccarat store in New York will be the second largest in the world, covering over 250 sqm on 2 floors. Starwood Capital which owns 60% of Baccarat, signed earlier this year a partnership with Tribeca Associates to develop a Baccarat Hotel & Residences, on 5th Avenue in New York, projected to open late 2014. In 2011, Baccarat registered a net loss of 2,3 … [Read more...]

Anna Wintour Awarded France's Loftiest Medal, Lorre White reports.

Anna Wintour Awarded France's Loftiest Medal     Legendary Vogue US editor Anna Wintour has been bestowed the Legion d’Honneur by French President Nicolas Sarkozy, no less, at a ceremony at the Elysee Palace last week that was attended by cheering glitterati. Anna Wintour is the woman that the movie "The Devil Wears Prada" was loosely based on.     Wintour was awarded a Chevalier (Knight) of the Order, an honor established by Napoleon Bonaparte in 1802 and the … [Read more...]

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