Markets News 

Millionaires are showing off their money differently than they used to, and it’s led to the creation of 2 distinct luxury worlds

“Exclusivity and personalization also play important roles in the way luxury experiences are marketed” writes Lina Batarags for businessinsider.com. “More and more,” Phillips continued, “the wealthy are evaluating a brand in terms of ‘What mission does this brand represent?. The definition of luxury is evolving, and the change applies to not only what people are spending money on, but how they’re doing it. Source: businessinsider.com

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Sandbox VR, which offers VR experiences at seven public locations like malls in US, Canada, and Asia, raises $68M Series A to expand to new locations

“The next day after trying Sandbox, some Andreessen partners flew to Vegas to try out other VR experiences” writes Kif Leswing for businessinsider.com. In Sandbox VR founder Steve Zhao’s thinking, his company goes against all of the major trends in technology and investing. Source: businessinsider.com

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The jury’s still out on the ‘marshmallow test,’ and these other money myths

“Get a daily roundup of the top reads in personal finance delivered to your inbox” writes Liz Weston for marketwatch.com. Meanwhile, the jury’s still out on whether willpower is something you can “use up.” Studies about these issues shaped a fair amount of personal finance advice in recent years.The fact that researchers may have drawn incorrect or at least incomplete conclusions reminds us that blanket advice on money is risky. Source: marketwatch.com

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CBE Governor, Libyan bank delegation, discuss fortifying mutual cooperation, exchanging experiences between two sides

“Governor of the Central Bank of Egypt (CBE),Tarek Amer, received the Libyan Central Bank Governor Sadiq al-Kabir and the Director General of the Libyan Foreign Bank, Mohamed Najib Al Jamal, in the framework of strengthening the joint cooperation between Egypt and Libya in all fields, especially the economic sphere” writes Hossam Mounir for dailynewsegypt.com. According to the CBE, the visit of the Libyan delegation showed total comprehension of the vision of the joint economic issues, economic reform, and the importance of continuing coordination between the two sides to maximise mutual…

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The Growing Business of Helping Customers Slow Down

“Similarly, in 2013, Selfridges, the high-end British department store, built a quiet room where consumers can relax and engage in both embodied and technological deceleration” reports hbr.org. The constantly increasing rate of technological advancement and social change is speeding up the pace of business and life itself, leaving most of us feeling time-poor. Source: hbr.org

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A Simple Way to Map Out Your Career Ambitions

“A personal experience map shows which experiences you want to acquire in the next two to five years” reports hbr.org. A personal experience map shows which experiences you want to acquire in the next two to five years to grow your career.There are two types of experiences that will accelerate your development — functional experiences and management experiences. Source: hbr.org

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