China Overtakes U.S. as top Luxury Buyers

Chinese consumers have overtaken U.S. shoppers this year to become the world’s biggest buyers of luxury goods, accounting for 25 percent of global sales through purchases at home and overseas, consultancy firm Bain & Co. said.
Bookies Say Miliband Most Likely Next Prime Minister
30:37 - Bookies are putting Ed Miliband, the Labour Party leader, as the most likely candidate to become Britain’s next prime minister. Bloomberg’s Anna Edwards reports on “Countdown.” (Source: Bloomberg)
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