2012
Feb
09
Las Vegas tycoon Steve Wynn and Kazuo Okada go head to head in court in a case that has implications for the control of the $19 billion Wynn Resorts Ltd gaming empire.
It was boosted by buoyant demand for the 175-year-old brand in Europe, the Americas and Asia.
Shandong Heavy Industry Group has agreed in January to pay $295 million for 75 per cent of debt-ridden Ferretti.
Buoyant Chinese appetite for luxury watches helped the sector post sales growth of about 20 per cent in 2011.
Many were doubtful about the likelihood of success of a home-grown handbag brand.
Embraer hopes to translate his charisma and celebrity into increased recognition and sales for the Brazilian jets.