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An end to austerity in sight as luxury brands report upswing

LONDON, England - Last week, luxury goods makers such as Lamborghini, L'Oreal, Cerruti and Roberto Cavalli were among those at the Reuters Global Luxury and Fashion Summit to announce that they had se

Austerity budget in Germany makes a new victim in Berlin

BERLIN (eTN) - The announcement of drastic austerity measures will affect one of Berlin’s future attractions: the reconstruction of the baroque castle in the heart of the city has been postponed by