Ele.me, the food delivery platform acquired by Alibaba Group Holding Ltd., is on the hunt for USD2 billion of new financing to help in its fight against
Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm reviews its assets for possible
Bexcellent Group Holdings Ltd., whose top tutor earns more than HKD40 million (USD5.1 million) a year, surged as much as 34 percent on the first day of
Sands China has once again teamed up with the Macau Blood Transfusion Centre to host a company-wide blood drive at the company’s properties. Over 170 team
A northern New Jersey horse racing track has brought legal sports betting to New York City’s doorstep. The Meadowlands Racetrack in East Rutherford began taking sports bets on
When you think of environmental pollution, what comes to mind? It’s probably the exhaust spewing out of the millions of vehicles and the waste that leaks out of
Singapore’s smaller companies will likely have to pay more to roll over borrowings in the local bond market ahead of unprecedented maturities, as the wealthy
The British government released detailed plans yesterday for what it calls a “principled pragmatic and ambitious” Brexit — plans that have already triggered the
Hard Rock has signed a deal with a British online gambling company to offer sports betting as soon as the arrangement is approved by New Jersey gambling
Media mogul Rupert Murdoch’s 21st Century Fox increased yesterday its bid to take full control of lucrative European pay TV service Sky in a
Early in Warren Buffett’s life, his father failed to get hired at the family grocery store during the Great Depression. Without a job, and without any
Xiaomi Corp. surged 13 percent a day after its disappointing debut, gaining roughly USD6 billion of market value as investors begin to pile into the
PepsiCo Inc., grappling with a slumping soda business, got another boost from its food operations. The maker of Mountain Dew posted second-quarter profit that
Tesla Inc. is planning a factory in China with a capacity for 500,000 vehicles a year, according to people familiar with the matter, making its
Uber is getting into the scooter-rental business. The ride-hailing company said yesterday that it is investing in Lime, a startup based in San Mateo,
Cosmetics firm Sa Sa Holdings International has reported a profit growth of 34.7 percent for the year ending on March 31, driven by local consumption
Billionaire James Packer stepped down as a director of his private investment company, three months after quitting the board of his casino operator Crown Resorts
Chinese large cap stocks climbed the most in two years, bouncing back from a bruising run of losses in the lead up to the imposition
Thirteen Sands Resorts Macao and Sands Macao restaurants have been honored for their exceptional selection of quality wine lists at the 2018 China’s Wine List of
HNA Group Co. Chairman Chen Feng will step up his role in managing the liquidity challenges at one of China’s most indebted companies after the sudden death
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