Real Estate Matters | Is diversification good? Systemic vs. unsystemic risk

Risk. Just seeing that word may have made you balk. It’s an uncomfortable and irksome word for most people, and if we think about it too long it can

Carmakers seen wasting billions on electric, autonomous vehicles

Automakers are in a pickle. If they don’t invest in electric cars and self-driving technology, investors shun them. If they do, they risk burning

US | Gaming: Business up at New Jersey track, casino with sports bets

Arthur Rosen puzzled over the photocopied sheet of paper listing all sorts of exotic bets on baseball games, including one in which the number

Japan | Construction app offers fix for super-tight labor market

One of Yosuke Kobayashi’s biggest headaches has been finding enough workers to build hotels, restaurants and bath houses for his construction company. That was

China is getting ready to take on the world’s biggest drugmakers

Eight years ago when Pittsburgh entrepreneur John Oyler was setting up a Beijing biotech company, he was warned that China was the wrong place to try drug

Innovation | Alexa, send up breakfast: Amazon launches Echo for hotels

Alexa has a new job: hotel concierge. Amazon has launched a version of Alexa for hotels that lets guests order room service through the voice

Education | Leadership development program open for enrollment

Enrollment for the fifth module of the Global Leadership Development Program Series: International Integrated Resort Management is now open. The University of Macau’s (UM) Asia-Pacific Academy of

Innovation | Tesla-loving nation now wants to be a pioneer in electric planes

Home to some of the busiest flight routes in Europe, whisking passengers across a rugged and mountainous landscape, Norway’s aviation industry now readies to go electric. Norway is

Gaming | Caesars workers in Las Vegas approve new contract deal

Housekeepers, bartenders and other unionized workers at Las Vegas casino-resorts operated by Caesars Entertainment approved a new five-year contract, ending the possibility of a strike at those

Real Estate Matters | How to invest in real estate without owning real estate

Real estate is widely considered one of the best investment vehicles for creating personal financial wealth. But there is also the perception that it is one of the most

Saudi Arabia | Deal to gradually boost OPEC output ‘inevitable’

Saudi Arabia’s oil minister said it’s “inevitable” that OPEC and its allies will agree to boost oil output gradually, giving the most definitive signal yet that the cartel

Samsung joins global pledge to increase renewable energy use

Samsung Electronics Co., the world’s biggest smartphone maker, joined yesterday a growing list of companies that are promising to increase their use of solar and

Gaming | New Jersey set to begin taking legal sports bets

In 1978, the Democratic governor of New Jersey threw the first dice at an Atlantic City casino to kick off an era of legal gambling in the state.

Gaming | Shuttered USD2.4b Atlantic City casino readies for second chance

For months, there was little, if any, sign that Atlantic City’s former Revel casino, a USD2 billion bust, was getting ready to reopen. Colorado developer Bruce

Now the personal injury lawyers have scooters in their sights

Bird Rides Inc. and other scooter startups have drawn fire from pedestrian advocates, politicians and annoyed citizens. Now they have a new nemesis: personal-injury lawyers.

Corporate Bits | Apple to open second store in Cotai

A chromed Apple logo and two lines of Chinese text can be seen on the façade, along with a phrase in Chinese which roughly translates to

Amazon flexes muscles, Seattle backs down on business tax

Amazon balked and Seattle is backing down. City leaders said they plan to repeal a tax on large companies such as Amazon and Starbucks as

Yahoo fined USD334,500 by UK regulator over 2014 cyber hacks

Yahoo’s U.K. unit was fined 250,000 pounds (USD334,500) by a British regulator for failing to keep the data of more than half a million users

Corporate Bits | CTM holds with global telecom providers

CTM held the 9th Bridge Alliance Management Meeting recently to share best practices, and discuss and explore solutions and technologies in the telecom industry including roaming

Corporate Bits | Bene announces menu to commemorate national day of Italy

In celebration of Festa Della Repubblica – the National Day of Italy – Sheraton Grand Macao Hotel, Cotai Central’s Italian trattoria, Bene, is offering “Celebrating Italy”

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