Corporate Bits | Sands holds carnival for children with special needs

Around 60 Sands Cares Ambassadors assisted children with special educational needs and their families at The Venetian Macao’s Cotai Expo Sunday for an afternoon of fun activities at the

China | Provinces slash growth goals as slowdown hits home

Chinese provinces are downgrading their targets for economic growth in 2019 as exports and consumption slow, pointing to a lower national goal likely to be agreed in

Gaming | US: Luxor Capital to own Atlantic City’s Ocean Resort Casino

A New York hedge fund that lent money to Atlantic City’s Ocean Resort Casino is assuming ownership of it. Luxor Capital Group was identified as the new owner in

Corporate Bits | MGM to present hip-hop dance crew Jabbawockeez

MGM will present hip-hop dance crew Jabbawockeez’s first-ever Macau residency show from March 2 to 31, the gaming operator announced in a statement. Billed as one of

NFL bullish about USD25b revenue goal as Super Bowl nears

NFL executive Brian Rolapp has an old photo on the wall of his office, hanging right in his line of sight. It shows a group of

Europe’s retail rout deepens as UK and Germany lose jobs

Europe’s retail crisis deepened as companies in the U.K. and Germany are poised to cut thousands of jobs as online shopping accelerates the erosion of sales from

German expert panel agrees on 2038 deadline to end coal use

In a pioneering move, a government-appointed panel on Saturday recommended that Germany stop burning coal to generate electricity by 2038 at the latest, as part of

Indonesia | Palm oil tycoon who built USD9b empire dies

Eka Tjipta Widjaja, who became a coconut and palm-oil trader at the age of 15 before building a multi-billion dollar empire with businesses spanning paper and pulp

Morpheus opens new retail space

Morpheus at City of Dreams has unveiled a new retail space called “Morpheus Boutique.” The retail space will feature a selection of must-have products appearing in Macau

Real Estate Matters | Can we predict what will happen to Macau’s property market in 2019?

Sam Lee is a marketing manager and property consultant at JML Property.  JML was established in 1994 and offers Investment Property & Homes. It specializes in managing

A USD5,000 electric pickup truck from China wants to enter US

Chinese automakers have tried to crack the U.S. market for over a decade. A petite USD5,000 pickup truck is up next. Kaiyun Motors is poised to start mass exports

Malaysia probes how Jho Low may have gained from pre-1MDB Deal

Malaysian investigators have uncovered details of how fugitive financier Jho Low could have made financial gains from the entity that predated scandal- plagued state fund 1MDB,

Google, Facebook, Amazon spent record amounts on lobbying

Google, Amazon.com Inc. and Facebook Inc. set company records for lobbying spending in 2018 as Washington’s scrutiny of Big Tech intensified. Alphabet Inc.’s Google

Chinese demand drives Aussie wine exports to USD2b in 2018

The value of Australia’s wine exports grew 10 percent to AUD2.82 billion (USD2 billion) in 2018 with China again leading the way, data has revealed.

Survey | CEO pessimism on economy spreads after upbeat 2018

A survey of hundreds of corporate leaders shows “a record jump in pessimism” about the world economy, with sentiment doused by trade spats, a global downturn and fading benefits

Starbucks expands Uber delivery venture to San Francisco, London

Starbucks Corp. is expanding its venture with Uber Eats, offering delivery in San Francisco followed by expansion into other major U.S. cities and rolling out

Toyota, Panasonic announce venture for green auto batteries

Toyota Motor Corp. and Panasonic Corp. are setting up a joint venture to research, manufacture and sell batteries for ecological autos, an increasingly lucrative sector amid concerns

MasterCard fined USD648m for ramping up EU card fees

MasterCard Inc. was fined 570.6 million euros (USD648 million) by the European Union for imposing rules that regulators said may have artificially raised the costs of

EU’s antitrust cop lays groundwork for more tech scrutiny

Silicon Valley’s notorious nemesis, Margrethe Vestager, plans to end her term as the European Union’s antitrust enforcer this year with a bang, laying out a long-term plan

Corporate Bits | Hong Kong singer G.E.M to return to the Cotai arena

Hong Kong singer-songwriter G.E.M. will return to The Venetian Macao’s Cotai Arena on March 9 with her “G.E.M. Queen of Hearts World Tour Concert in Macau.” The local concert will

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