Corporate Bits | Sands China implements paid paternity leave

Sands China is implementing a paid paternity leave policy for eligible team members, effective from February 16, the gaming operator announced in a statement yesterday.

Ask The Vet | Canine Distemper Virus 

Its viral season in Macau and for many years canine distemper virus was the most feared of the viral diseases affecting dogs. Parvovirus may have surpassed it in this

Millennials’ spending weighed down by student debt, expert warns

Millennials’ spending habits have been driving business leaders crazy - but not because the youngest generation in the workforce is irresponsible with their cash.

Gaming | Blackstone, Cerberus are said among bidders for Spain Cirsa

U.S. buyout firms Blackstone Group LP and Cerberus Capital Management are among funds considering bids to acquire Spanish casino and bingo- hall operator Cirsa

Alibaba to invest USD865 million in China home improvement chain

Alibaba Group Holding Ltd. plans to buy a 15 percent stake in a chain of Chinese home improvement and furniture stores as part of its pushing

Corporate Bits | HK singer Daniel Chan launches world tour in macau

Hong Kong singer Daniel Chan kicked off his 2018 world tour at the Venetian Macao on Saturday. The concert’s theme was “Planet XT”, inspired by the

Real Estate Matters | Becoming a sophisticated investor

Most of us have jobs or businesses that we work that we work on during the day and preoccupy most of our productive attention. We like to believe

Profile | The new king of Vegas isn’t nearly as flashy as his old boss

Even in a city known for glitz and glamour, Steve Wynn stood out. He leaves the gambling empire he built in the hands of a man

Autonomous coast-to-coast Tesla trip past deadline, still coming

Tesla Inc. hasn’t thrown its plan to demonstrate an autonomous cross-country drive out the window - it’s just tapped the brakes. Chief Executive

US stocks rise as Wall Street grows calmer after big swings

The Dow Jones Industrial Average and S&P 500 Index both rose yesterday, following the previous session’s late surge. Technology shares were among the few laggards, as chipmakers weighed

Los Angeles Times sold to local billionaire for USD500 million

The Los Angeles Times is being sold to a local billionaire for USD500 million, opening a new chapter for the 136-year-old newspaper’s staff after an outright rebellion

Mozambique approves Anadarko’s USD20 billion natural gas plan

Mozambique’s council of ministers approved the development plan for Anadarko Petroleum Corp.’s liquefied natural-gas project in the north of the nation, an investment estimated at about USD20

Global stock markets tumble after Wall Street battering

Stock markets around the world took a battering yesterday, following a dramatic sell-off on Wall Street that triggered concerns that a potentially healthy pullback from record highs could

‘China’s Hawaii’ has a gambling plan: These may be winners

Beijing’s ambitions to bring more tourists and gambling to an island billed as China’s Hawaii is sparking visions of a rapid transformation for an important provincial region. The plan

Corporate Bits | MGM announces bonuses for employees

MGM announced that two bonuses, a Discretionary Bonus and a Special Bonus, will be paid to eligible non-management team members. Both bonuses will add up to 14 months of

Chinese funds buy record USD1.6b of Hong Kong stocks today

Hong Kong’s stock market now has a sizable bulwark against global bearishness: Chinese buyers from north of the border. After the benchmark Hang Seng Index plunged as much

Alibaba buys stake in Wanda Film in USD1.2b share sale

Alibaba Group Holding Ltd. has agreed to buy a stake in Dalian Wanda Group Co.’s cinema operator as billionaire Wang Jianlin’s real estate-to-entertainment conglomerate turns to another Chinese

US airlines try and fail to raise fares as fuel costs jump

U.S. airlines are asking shareholders to believe they can raise ticket prices while ramping up the supply of seats. To Wall Street, that sounds like a fairy

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