Corporate Bits | Sands conducts climate change initiatives for team members

Sands China Ltd. recently conducted two environmental sustainability and climate change initiatives, including its participation in Earth Hour 2018 and the hosting of an in-house Climate

Nissan, Renault in merger talks after two-decade union

Renault SA and Nissan Motor Co. are in talks to merge, seeking to solidify their two-decade-old alliance under a single stock as an unprecedented shift toward electric

Real Estate Matters | Technologies that will change your real estate experience

The real estate industry is sometimes called a ‘technological dinosaur’ because it is seen as being resistant to technological disruptions compared to more tech-savvy industries such as media

Barclays to pay USD2b to settle mortgage securities suit

Barclays Plc agreed to pay USD2 billion in civil penalties to settle a U.S. investigation into its marketing of residential mortgage- backed securities between 2005 and 2007.

Corruption | Vietnam jails ex-Politburo member over oil giant’s losses

A Vietnamese court sentenced a former Communist Party Politburo member to 18 years in prison yesterday after finding him guilty of mismanagement at a state oil giant that

Insurance | Chinese Anbang founder on trial on financial charges

The founder of the Chinese insurer that owns New York City’s Waldorf Hotel went on trial yesterday on charges he fraudulently raised USD10 billion from

New owners of Air India to get planes and USD5b of debt

India is selling a controlling stake in its flagship carrier along with two-thirds of the loss- making airline’s about USD7.8 billion debt, as Prime Minister

China | Big banks stage profit comeback as bad loans recede

Three of China’s largest banks posted better-than-expected profit growth in 2017 as a strengthening economy curbed soured loans and the government’s campaign to cut debt

Self-service test drive center debuts in Guangzhou

A gigantic “vending machine” for cars allowing self-service test drives opened in the south China city of Guangzhou on Monday. The multi-story facility was launched by Tmall, an online

Corporate Bits | Bene to showcase cuisine from Umbria

The next Bene Food & Wine Mercato will move from Emilia-Romagna to Umbria in central Italy, Sheraton Grand Macao announced yesterday. On April 6 and 7, the

Obituary | Alabama gambling magnate Milton McGregor dies at age 78

Alabama gambling magnate Milton McGregor, who waged a legal war to keep his electronic bingo casino open and thwarted federal attempts to prosecute him, died Sunday. He was

Asian stocks fall for third day on US-China trade tensions

Asian stocks fell for a third day yesterday amid mounting fears about U.S.-Chinese trade tensions. KEEPING SCORE The Shanghai Composite Index fell 1.2 percent

Uber is said to reach agreement on Southeast Asian sale to Grab

Uber Technologies Inc. has reached an agreement to sell its Southeast Asian ride- hailing business to rival Grab and could announce the deal as early

Hong Kong near to buying local dollars for first time since 2005

The Hong Kong Monetary Authority is on the verge of mopping up local dollars for the first time since a trading band was introduced in May 2005,

Real Estate Matters | Why are Properties in Macau so Expensive?

We often find clients arriving from overseas are absolutely shocked at the property prices in Macau. A look of disbelief is often followed by a phrase

African nations sign largest free trade agreement since WTO

African leaders signed what is being called the largest free trade agreement since the creation of the World Trade Organization. The deal creates a

Fosun eyes second shot to buy Greek insurer if winning bid fails

Fosun International Ltd came up short in its bid to buy National Bank of Greece SA’s insurance unit, but the Chinese conglomerate is still willing to swoop

Weinstein Co.’s bankruptcy could bring new wave of accusers

Is #MeToo part two on the way? With its bankruptcy, the Weinstein Co. has tossed out the non-disclosure agreements that officials say its co-founder

Corporate Bits | Sands Cotai central hosts community event for children

Around 40 children and their families from YMCA Macau enjoyed breakfast with Thomas & The Little Big Club All Stars Saturday at Sands Cotai Central, hosted by

Ryanair buys Niki Lauda Airline in rare foray into dealmaking

Ryanair Holdings Plc agreed to buy an Austrian airline from former Formula One motor-racing champion Niki Lauda, only the second acquisition in the Irish carrier’s

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