Corporate Bits | Sheraton Grand and the St. Regis present signature mooncakes

Sheraton Grand Macao is presenting three signature mooncake flavors for guests to savor this Mid-Autumn. The flavors available are Mini Egg Custard Mooncakes, Low Sugar Deluxe

Environment | San Francisco to consider outlawing plastic straws, stirrers

In a bid to further cut down on waste, eco-conscious San Francisco is expected to join Seattle in outlawing plastic straws used to suck down

Shooting victims outraged over MGM Resorts’ lawsuit against them

Victims of a mass shooting at a Las Vegas country music festival said they were outraged when they learned they were being sued by the company that

Fiat Chrysler Europe chief to quit after being passed over

Fiat Chrysler Automobiles NV’s European chief has resigned after being passed over to replace ailing Sergio Marchionne as chief executive officer of the group.

Ryanair profits slide as company battles labor strife

Labor strife is starting to weigh on Ryanair Holdings Plc. The discount airline posted a 20 percent drop in first-quarter profit, and warned that sporadic walkouts

MGM turns to never-tested law to sue Vegas shooting victims

The unprecedented move from MGM Resorts International to sue hundreds of victims of last year’s mass shooting in Las Vegas using an obscure U.S. law never tested

China Tower is said to draw Hillhouse, Alibaba to Hong Kong IPO

China Tower Corp., the state-owned wireless infrastructure operator, has attracted Hillhouse Capital and a unit of Alibaba Group Holding Ltd. as investors in its planned Hong Kong initial

Real Estate Matters | How to survive a financial black hole

We live in strange times, in a strange place. When it comes to money, Macau is not like any other place on earth. The universal laws

Japan prosecutors charge Kobe Steel in fake data scandal

Japanese prosecutors charged major steelmaker Kobe Steel yesterday with violating laws overseeing competition in a massive faking of product quality data. Kobe Steel, which has repeatedly

MGM Resorts suffers backlash after suing shooting victims

It took just minutes for the hashtag #BoycottMGMResorts to appear on Twitter, and for people to declare they would no longer patronize the largest casino owner on

E-Commerce | EBay rattles investors already spooked by threat of Amazon

EBay Inc. rattled investors by trimming its annual revenue forecast, signaling that the online marketplace is losing momentum as the critical holiday season approaches. Shares

Corporate Bits | Sands China launches micro-movie featuring David Beckham

Sands Resorts Macao has launched an online micro-movie featuring international businessman, sportsman and The Venetian Macao brand ambassador David Beckham, along with several Chinese celebrities who

Swatch CEO boosts hiring, inventory to keep up with watch demand

Swatch Group AG, the largest Swiss watchmaker, is boosting headcount and inventory to record levels to keep up with accelerating demand across its portfolio of 18 brands. Swatch hired

Bitcoin tests USD7,500 as crypto tokens rally back to June levels

Cryptocurrencies extended their rally yesterday, with Bitcoin breaking above USD7,500 for the first time since June as the market seeks to shrug off some of

Japan | Casinos face last milestone on road to legalization

Japanese lawmakers are expected to pass a casino bill that is the final hurdle for the legalization of gaming resorts, bringing international operators a step closer to

The Buzz | EU fines Google a record USD5 billion over mobile system

The European Union’s antitrust chief has fined Google a record USD5 billion for abusing the market dominance of its Android mobile phone operating system. EU Competition Commissioner Margrethe Vestager

Japan, EU sign trade deal eliminating nearly all tariffs

The European Union and Japan signed a widespread trade deal that will eliminate nearly all tariffs, seemingly defying the worries about trade tensions set off

Corporate Bits | BCM opens Iao Hon branch

BCM Bank hosted a Grand Opening Ceremony on Monday for its new Iao Hon Branch located at Rua Um Bairro Iao Hon. Harold Wong,

Angola annuls USD1.5b port deal with Dos Santos linked firm

A company with ties to Africa’s richest woman, Isabel dos Santos, is threatening to seek compensation from the Angolan government after losing concession rights to build a USD1.5 billion

Gaming Alert | New Jersey gets five more sports betting applications

New Jersey regulators have received five additional applications from gambling companies seeking to start offering sports betting before football season starts in September. David Rebuck,

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