Paulson attracts Chinese suitor for Steinway

Steinway Musical Instruments Inc., the legendary piano maker controlled by U.S. hedge fund billionaire John Paulson, has attracted takeover interest from China Poly Group Corp., people familiar

Corporate bits | Sands China launches anti-discrimination training

Sands China Ltd. has launched a training campaign dedicated to helping team members recognize and prevent discrimination and harassment in the workplace. Established in July, the

Trade war | Subaru joins Toyota in expecting ‘big impact’ from US auto tax

Subaru Corp. reported a sales slide in the U.S., its largest market, and predicted a “big impact” from President Donald Trump’s proposed tariffs on imported vehicles following the escalation

Obituary | Michelin-starred French master chef Joel Robuchon dies at 73

Joel Robuchon, a master chef who shook up the stuffy world of French haute cuisine by wowing palates with the delights of the simple mashed potato

Saudi Arabia | Prince Alwaleed signs first deal since corruption probe

Saudi billionaire Prince Alwaleed Bin Talal has invested 1 billion riyals (USD267 million) into music streaming company Deezer, his first deal since being detained last year in

Heineken strikes deal to expand in China

Heineken, the world’s second-largest brewer, has struck a deal to expand in China, the world’s biggest beer market. Heineken said Friday it is buying a

Real Estate Matters | Hard Money Lending Doesn’t Have to be Hard

A hard-money loan is simply a high-interest short term loan that is usually secured against a property. It is a way for investors or developers to raise funds

Starbucks, Alibaba announce China delivery venture

Starbucks and Chinese e-commerce giant Alibaba Group announced a coffee delivery venture yesterday, joining the growing competition in China’s booming delivery industry. Starbucks Coffee Co. and

Google’s secret China project sparks fury among workers

Google staff awoke yesterday to surprising news: Their company is working on a search app tailored, and censored, for China. The project, kept secret from

Gaming | NBA strikes deal with MGM Resorts to provide data to bettors

The NBA and WNBA will now share official data with MGM Resorts International, a major win for the leagues as they prepare for the anticipated growth

Vaccine scare has China moving to contain consumer backlash

China is trying to contain the backlash over faulty vaccines given to babies and toddlers, with its top governing body vowing to punish those involved

Gaming | MGM, Caesars racing to cash in on sports betting market

Two titans of the casino industry are racing to cash in on the newly created U.S. sports betting market, taking steps to expand their footprint and strengthen

Billionaire Li’s FWD said to mull Singapore dual-class IPO

Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public

Lotte considers selling China malls amid anti-Korean sentiment

Lotte Group, reeling from a wave of anti-Korean sentiment in China for more than a year, is considering selling some of its department stores in

Gaming | Caesars launching sports betting in New Jersey, Mississippi

Two Atlantic City casinos owned by Caesars Entertainment will start taking sports bets this week, and another two in Mississippi will do so in mid-August.

Corporate Bits | Melco receives gov’t recognition for lactation rooms at resorts

Melco Resorts & Entertainment Limited has received recognition from the Macau SAR government for the company’s support toward breastfeeding and lactation room facilities available throughout all

Offbeat | 50 years on, McDonald’s isn’t messing with ‘le’ Big Mac

McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it’s not messing with the makings of its most famous burger. The

Corporate Bits | Sands China screens amazing china documentary for employees

Sands China held a screening of the first episode of the multi- part documentary series, Amazing China, for its employees at The Venetian Macao’s Adelson Advanced

UK lawmakers recommend tougher rules on Facebook

The U.K. government should increase oversight of social media like Facebook and election campaigns to protect democracy in the digital age, a parliamentary committee

Real Estate Matters | Home Staging

Despite what some people might think, properties, even great ones, don’t sell themselves. There are a whole myriad of tasks that need to be completed before your property

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