British American Tobacco agrees to take over Reynolds

British American Tobacco Plc has agreed to fully take over Reynolds American Inc. in a deal that will create the world’s largest publicly traded tobacco company.

Rolls to pay USD807m to end UK, US bribery probes

Rolls-Royce Holdings Plc agreed to pay about 670 million pounds (USD807 million) to resolve long-running U.S. and U.K. investigations into allegations its representatives bribed foreign officials

Corporate bits | MGM announces discretionary bonus

MGM China has announced a discretionary bonus to eligible recipients in non-managerial positions, in recognition of the “dedication and commitment” of its employees in the territory. The

The Buzz | Baidu hires Microsoft expert in artificial intelligence push

Baidu Inc., which operates China’s most popular Internet search engine, said yesterday it has hired a former Microsoft executive and artificial intelligence specialist to improve its competitiveness in

S. Korea prosecutor seeks arrest of Samsung’s Jay Y. Lee

Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y. Lee for allegations including bribery and embezzlement, a stunning turn for the scion of South Korea’s richest family

Gaming | Nevada casinos turn profit in fiscal 2016; first since 2008

Nevada’s biggest casinos combined to turn a profit in fiscal 2016 for the first time in eight years, but it wasn’t due to gambling winnings, according to

Corporate bits | Sands China holds spring-cleaning

The Sands China Care Ambassador program sent a group of over 70 volunteers to Seac Pai Van public housing in Coloane Sunday morning, where they spent time

Boeing loosens Airbus’s India grip with USD22 billion SpiceJet win

Boeing Co. won a USD22 billion deal from budget carrier SpiceJet Ltd., notching the plane maker’s largest-ever order from an Indian airline and strengthening its hold

Wanda posts first sales decline in at least 11 Years

Dalian Wanda Group Co.’s revenue fell for the first time in at least 11 years after a slump in its property business outweighed growth from entertainment

Corporate bits | CTM extends data roaming destinations

Following the launch of the “Data Roaming Passport (10 days)” service, CTM has announced 25 new destinations for the scheme. This extends coverage to 59 countries and

Ask the Vet | Cat First Aid Kit: 10 Things You Need in Your House

A cat first aid kit is a must for any pet owner, as there might be emergencies when you need to take action before getting to the vet. Get

Real Estate Matters | The Challenges Of Getting Around In Macau

In March last year we touched upon the serious challenges faced by Macau, and how these challenges will almost certainly affect property prices either directly or indirectly.

Marks & Spencer rebounds as clothing sales top estimates

Marks & Spencer Group Plc reported its best clothing sales in more than five years, delivering a confidence boost to the embattled British retailer after a

MCE appoint Crawford to the board as two others depart

Melco Crown Entertainment Ltd. (MCE) last night announced the appointment of John William Crawford as an independent non-executive director of the company with immediate effect. Crawford

Corporate bits | CTM offers promotions at CNY Shopping and Food Expo

CTM will set up a sales booth at the Lunar New Year Shopping and Food Expo, offering telecom services and products at promotional prices. The expo

Corporate bits | Sheraton Grand presents Valentine’s Day packages

Sheraton Grand Macao Hotel announced that it is offering packages for couples in search of a romantic escape over Valentine’s weekend. “A Suite Romance” package is available