LONDON — Valuations of financial technology companies are “frothy,” according to one of the cofounder of a new fintech-focused investment company. Andy Stewart, a managing partner at Motive Partners, said at the International Fintech conference in London last week: “I would call valuations right now frothy in general… tech generally is frothy.” A frothy market […]

Rolex The Rolex Yacht-Master II 40 in Everose. It’s the story of Rolex and the technicolor dream watch. The Swiss watchmaker has unveiled a brand-new addition to its Yacht-Master watch collection at this year’s Baselworld, the biggest annual watch trade show in the world. What makes it so unique? A crown of multi-colored jewels graces the […]

Infiniti A breakthrough! The Paris Motor Show was a showcase for sexy cars and exciting new concepts. But while all that was going on, Infiniti revealed a breakthrough new engine technology. It’s called the VC-Turbo, and it’s important. The world is busy these days thinking about an electric-car future, but the vast majority of the vehicles […]

Hollis Johnson A new Bugatti doesn’t come along very often. In fact, the Bugatti Chiron is just the third production car to carry the vaunted badge in the last 25 years and just the second car this millennium.   As the successor to the game-changing Veyron, the Chiron has the unenviable task of following in […]

Dragan Radovanovic / Business Insider Bill Ackman and Carl Icahn are two of the most famous faces of modern hedge funds. For the last eight years, hedge fund investors have been paying high fees for lackluster performance.  There are rare exceptions — this New York fund is crushing competitors — but for the most part, […]

AP VW CEO Matthias Müller. This week, three state attorneys general filed lawsuits against Volkswagen for defrauding customers by installing “defeat devices” in vehicles with diesel engines. VW had already settled with the federal government — for $ 15.3 billion — over nearly 500,000 vehicles sold in the US that can’t have their engines fixed to […]

Reuters DATE IMPORTED:July 14, 2016A protester from a local pro-China party chants slogans against the United States supporting an international court ruling that denied China’s claims to the South China Sea, outside U.S. Consulate in Hong Kong, China July 14, 2016. For years the Chinese government has used its grip over the media to tell […]

Reuters Manchester United striker Wayne Rooney. Manchester United and Real Madrid have come joint-first in KPMG’s “European Elite” football club valuation rankings. Despite United’s relative lack of success recently, the accountancy firm estimates it is worth around €2.9 billion (£2.2 billion; $ 3.24 billion), a testament to how strong the team’s brand remains worldwide. The findings […]