Robert Tchenguiz may have lost Â£560m, but the yacht is safe
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Mayfair-based property tycoon with the Persian name emerges as notable victim of credit crunch
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The 60-foot yacht of a British sailor competing in an around-the-world race nearly capsized today in the frigid waters of the Southern Ocean.
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Even bonds can lose money -- sometimes lots of it.
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Â· Oligarch accused of Â£250m tanker deals fraudÂ· Demand may worsen crisis in diplomatic relations
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Holidaymakers who thought they had lost out on a cruise after Travelscope's collapse may have a lifeline.
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A fully loaded cup yacht hurtling through the ocean in a decent breeze is exhilarating, if not a little frightening. I&#39;m on Emirates Team New Zealand as 18th man for the last match of the day, against Italian challengers +39.
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The American economic ship, which has weathered the recent run-up in crude oil prices, may be more vulnerable to sudden surges in the price of money.
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The year wasn't all bad for Tiger Woods. He won another World Golf Championship. He married a beautiful Swede and sailed off on his 155-foot yacht. And with top 10s in all but five of the tournaments he played, Woods earned more than &#36;5.3 million. What he lost was his mystique.
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There is still a way to take beauty onboard without risking arrest or confiscation.
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One yearâs winner can lose big in the next cycle.
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Holidaymakers who thought they had lost out on a cruise after the collapse of Travelscope may have a lifeline.
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Colin Montgomerie will never forget September 2004 but his accountant may not look at it so fondly. Monty had the glory of holing the winning putt at the Ryder Cup but by the traditional
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Parts of a ship thought to have lain in the Thames Estuary for 500 years are recovered intact.
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The man at the center of a trading scandal at Societe Generale said that his activities could not have gone undetected by the French bank.
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Michael Schumacher may not have won a race in about six weeks now but that does not necessarily mean that Ferrari are off the pace; at least not yet.
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Courts have ruled against the F1 supremo which somewhat takes away most of the powers from Bernie Ecclestone. However, he is back with a plan that might lead to his comeback in the most expensive sport in the world today.
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Swiss adventurer Bertrand Piccard said Monday he is confident he can fly a solar-powered airplane on the first round-the-world trip of its kind, even though he needs more money to build the craft.