Australian banks to scrap cash machine charges for all customers

Australia’s four largest banks have scrapped cash withdrawal charges for all users, as the banking industry tries to salvage its reputation after a series of scandals.

Uber regroups after London taxi setback as Lyft signals interest

Uber Technologies Inc. is prepared to make concessions to restore its revoked London taxi license, the Sunday Times reported, two days after the ride service said it would fight

Corporate bits | MGM steps up typhoon recovery efforts with disaster-management training

MGM has donated funds and offered volunteer support for the Macau community following Typhoon Hato last month. Now it is also sponsoring the training of disaster-management specialists in

The Buzz | Amazon deepens its push into India Inc. is set to buy a 5 percent stake in Indian retailer Shoppers Stop Ltd., as the U.S. company steps up efforts to gain ground in the

The ATM at 50: How it’s changed consumer behavior

An automated teller machine. The cash machine. In Britain, a cashpoint. ATMs, known for spitting out USD20 bills (and imposing fees if you pick the wrong one),

Real Estate Matters | Some Interesting Facts About Macau Property

1. THE LAW ON SECURITY DEPOSITS The usual security deposit (or ‘bond’ as it is sometimes called) in Macau is an amount equivalent to 2 months

Google buys HTC’s Pixel team in USD1.1b bet on devices

Google is biting off a big piece of device manufacturer HTC for USD1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with

Las Vegas officials waiting for Denver to act on pot lounges

Officials with authority over the Las Vegas Strip on Tuesday decided to wait until the city of Denver approves the nation’s first marijuana club before they further

Hitachi Metals claims Chinese companies stole trade secrets

Hitachi Metals Ltd. filed a complaint with a U.S. trade commission Tuesday, claiming Chinese manufacturers stole secret processes for making amorphous metal ribbon that’s lighter and

MGM Resorts announces plans for new Connecticut casino

MGM Resorts International revealed plans on Monday for a USD675 million waterfront casino in Connecticut’s largest city, the latest salvo in a competition with two Native American

Toys ‘R’ Us seeks bankruptcy, crushed by debt and online rivals

Toys “R” Us Inc., the once-dominant specialty retailer and ultimate toyland for a generation of post-war baby boomers, filed for bankruptcy thanks to a crushing debt load

Corporate bits | Sands China continues its assistance to associations following Hato

In the aftermath of the recent typhoons, Sands China Ltd. is continuing its aid to local non-government organizations, by assisting Caritas Macau, Macau Special Olympics (MSO), and the

Saudis said to mull phasing out gasoline subsidy by end-November

Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest oil exporter

Media | Rolling Stone, iconic music magazine, puts itself up for sale

Rolling Stone co-founder Jann Wenner is putting his majority stake up for sale, ready to relinquish control of the magazine that has stood for the bible

Ryanair under pressure after messing up pilots’ holidays

Irish budget airline Ryanair was under pressure yesterday to provide more information to travelers after canceling up to 50 flights a day over the next six weeks

Portugal looks to attract new investors after S&P rating upgrade

Portuguese Finance Minister Mario Centeno expects greater demand for his nation’s debt from a broader array of investors to spur lower borrowing costs both for the government

Real Estate Matters | The new laws and how they affect you – Part 3

This is the final article in the series looking at the revisions to the laws and how they affect you. The main areas revised concern; The

Pot at poker tables? Democrats push weed to boost N.J. finances

New Jersey reaped billions from slot machines and blackjack tables in the decades before casino fever jumped state lines. With Atlantic City’s gambling heyday now past, politicians

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