Corporate Bits | 6,200 Sands staff members celebrate 10-year milestone

Around 6,200 Sands China team members are commemorating their 10-year service anniversaries with the company at more than 60 departmental celebrations that began in March and

Gaming | Caesars awards CEO USD29m after emerging from bankruptcy

Caesars Entertainment Corp. awarded its chief executive officer USD29.4 million in compensation for 2017, the year the casino operator emerged from bankruptcy. Mark Frissora received a

ADB raises Asia growth outlook, warns of trade tension risks

Developing Asian economies will expand at a slightly faster pace this year than earlier forecast, but trade tensions with the U.S. pose a major risk, the Asian

Facebook problems ‘my mistake,’ Zuckerberg to tell Congress

Facebook Inc. Chief Executive Officer Mark Zuckerberg, in prepared testimony for the U.S. House of Representatives, said all of Facebook’s problems are his mistake.

German airports targeted in widening public workers’ strikes

Germany’s public-sector workers expanded strikes across Europe’s biggest economy yesterday, with flights at airports including Frankfurt and Munich suffering severe disruption. Ahead of a

Corporate Bits | CESL Asia takes part in MIECF

CESL Asia will showcase its ideas and solutions at the Macao International Environmental Co-operation Forum & Exhibition (MIECF 2018) held from tomorrow until April 14.

Corporate Bits | MGM donates MOP300,000 to holy house of mercy’s welfare shop

MGM donated MOP300,000 to the Macau Holy House of Mercy’s Welfare Shop project, financing the distribution of food hampers to more than 360 local disadvantaged households.

Alibaba-backed China car startup to raise USD2.7b this year

Xiaopeng Motors, which counts Alibaba Group Holding Ltd. and Foxconn Technology Group among its investors, plans to raise 17 billion yuan (USD2.7 billion) in funds this

Gulfstream business jet lead in China at risk in trade spat

Gulfstream, the maker of the G650 business jet, is at risk of losing its dominance in China because of a worsening trade spat with the

Apple co-founder protests Facebook

Apple co-founder Steve Wozniak is shutting down his Facebook account as the social media giant struggles to cope with the worst privacy crisis in its history. In an

How a crazy idea led this former journalist to USD3b buyout

It seemed like a nutty idea at the time - and it still does. Three years ago, Hu Weiwei and her co-founders decided to start a business

The Buzz | Steve Wynn sues lawyer for dancer who accused him of leering

Disgraced casino mogul Steve Wynn has sued the attorney of a dancer who accused him of inappropriate behavior. Wynn’s attorneys filed the defamation lawsuit Thursday against lawyer Lisa

Las Vegas Sands doubles Sheldon Adelson pay to USD26.1 million

Las Vegas Sands Corp. more than doubled Chief Executive Officer Sheldon Adelson’s pay to USD26.1 million after the casino operator rejiggered his compensation as part

Real Estate Matters | How wall colours can affect your psychology

The colour of the walls in a property can have a big impact on how you resonate emotionally with a room. Each colour can be a unique representation

Bahrain’s largest oil find estimated at 80 billion barrels

The small island-nation of Bahrain yesterday announced the discovery of 80 billion barrels of shale oil, its largest oil and gas find ever. Bahrain’s oil minister and energy

New Zealand recalls 50,000 cars with faulty Takata air bags

New Zealand’s government yesterday issued a compulsory recall for 50,000 cars with faulty Takata air bags after saying a voluntary recall wasn’t making enough progress.

Gaming | Japan’s coalition parties reach tentative casino agreement

A new agreement between Prime Minister Shinzo Abe’s Liberal Democratic Party and its junior coalition partner Komeito suggests the creation of three integrated resorts in Japan, while revenue

Innovation | Formula 1-inspired electric cars are coming to India, Australia

Tycoon Sanjeev Gupta could start building Formula 1-inspired electric vehicles in India and Australia early next decade, adding automobiles to a roster of global businesses that span

Richard Branson buys Hard Rock casino-hotel in Las Vegas

The Hard Rock Hotel and Casino in Las Vegas will be overhauled over the next several months following its purchase Friday by billionaire Richard Branson. The

Singapore home prices jump the most in almost eight years

Singapore private home prices surged the most since 2010 as the property market staged a recovery from a four- year slump. An index tracking

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