Huawei founder says company would not share user secrets

The founder of Huawei, in a new effort to allay Western security concerns, said yesterday that the Chinese tech giant would not comply with Chinese government requests

Cuban cigar maker eyes growing market in Macau and mainland China

Cuban premium hand-rolled cigars are becoming quite popular in China, which is considered the most important emerging market for at least one particular company. In

HK airport sees record high passenger, cargo throughput

Hong Kong International Airport (HKIA) witnessed continuous traffic growth in 2018, with the volume of passengers and cargo throughput growing 2.5 percent and 1.5 percent respectively,

Corporate Bits | Sands’ volunteers conduct spring-cleaning

In preparation for Chinese New Year, Sands Cares Ambassadors helped to clean the homes of approximately 100 elderly residents living alone at Seac Pai Van public housing in

Huawei fires sales manager who Poland charged with spying

The Chinese tech company Huawei on Saturday announced it has fired a sales director who was arrested in Poland and charged with spying for China, saying he

Ikea announces plans to open first New Zealand store

Swedish home furnishings giant Ikea announced plans on Friday to open its first New Zealand store. The company said it would build the store near the

Volkswagen sets new full-year sales record in race for No 1

German automaker Volkswagen posted another annual sales record in 2018 as new SUV models boosted deliveries and the company managed to increase its share in China

Bamboo Airways will join Vietnam’s crowded skies on January 16

Vietnam’s Bamboo Airways, after repeated delays, will start commercial flights on Jan. 16, the company said in an emailed statement. The carrier set minimum ticket

Real Estate Matters | 5 Habits of Good Landlords

There’s no such thing as landlord school. Most landlords just do a little reading online and dive right in. Which is fine – but it also means

EU executive launches probe into Dutch tax regime for Nike

Tax arrangements between sneaker giant Nike and the Dutch government are being scrutinized by European Union competition regulators, the bloc’s executive Commission said yesterday. The

Cyprus no longer Mediterranean haven for Russian businesses

For Russian businesses, Cyprus just isn’t what it used to be. New Cypriot anti-money laundering rules are compounding the effects of U.S. sanctions against Russia and its high-profile

Gaming | Former Nevada Gov. Brian Sandoval joins MGM Resorts

Former Nevada Gov. Brian Sandoval is joining casino giant MGM Resorts International to help push the company’s global expansion efforts, particularly in Japan, and work on

China | Car sales just fell for first time in over 20 years

The growth engine for the world’s car industry has been thrown into reverse, with China recording the first annual slump in auto sales in at more than

Corporate bits | Bene presents cuisines from North Italy

Bene Italian Kitchen is presenting its Food & Wine Mercato, which enables diners to experience Italy’s cuisines across a variety of themes that pay homage to the

Nissan’s ex-chair Ghosn appears in court, asserts innocence

The former chairman of Japan’s Nissan Motor Co., Carlos Ghosn, denied any wrongdoing and proclaimed his loyalty to the company at a court hearing in Tokyo yesterday. It

UK | Heathrow lays plans to add 25,000 flights even before new runway

London’s Heathrow airport aims to boost capacity even before a new runway opens, with the rejigging of the way two existing landing strips are used to

Taiwan arrests six accused of leaking BASF tech to China

Taiwan arrested six current and former BASF SE engineers accused of accepting bribes and sharing the German company’s technology with Jiangyin Jianghua Microelectronics Materials Co.,

Philippines | Court orders Okada arrest for alleged embezzlement

Japanese businessman Kazuo Okada faces arrest in the Philippines after a trial court issued a warrant on charges that he allegedly embezzled USD3.16 million in funds

Corporate bits | Celebrity chef to bring Portuguese cuisine to Sands Cotai central

Celebrity Chef Henrique Sá Pessoa will bring cuisine from his Michelin two- star Alma restaurant in Lisbon to his newly-opened Chiado Portuguese restaurant at Sands Cotai Central for a series of

Gaming | MGM Resorts seeks to boost profit USD300m through cost cuts

MGM Resorts International announced a new cost-cutting drive that’s intended to boost profit by USD300 million annually, most of it over the next two years.

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