‘Europe’s Florida’ sparks rift as Portugal lures rich pensioners

After a lifetime of long Swedish winters and hefty tax bills, Dan Wikstrom’s dream of a comfortable retirement in the sun has come true. Not in a Caribbean tax

Real Estate Matters | Overseas investing – should you consider it?

There is a quote by a famous real estate investor Louis Glickman that says, “The best investment on earth is earth”. That’s right, the entire earth (well, almost

LVS beats estimates on Macau, Singapore strength

Las Vegas Sands Corp., the casino operator controlled by billionaire Sheldon Adelson, said first-quarter sales and profit rose as the company’s newest casino in

Once an industry joke, electric buses start to dent oil demand

Electric buses were seen as a joke at an industry conference in Belgium seven years ago when the Chinese manufacturer BYD Co. showed an early model. “Everyone was

Gaming | Just as Atlantic City stems bleeding, competition comes calling

Four nights of Beyonce failed to ignite lasting buzz for Revel, the USD2.4 billion Atlantic City casino that flopped after little more than two years. Now

Corporate Bits | MGM organizes session to enhance gastronomic development

An exchange session has taken place, organized by MGM, between the Task Group for the Promotion of Gastronomy and Cultural Industries of The Committee of Cultural

Facebook publishes content removal policies for the first time

For the first time, Facebook Inc. is letting people know its specific rules for taking down content once it’s reported to the social network’s moderators.

Singapore’s reputation seen at risk as Noble Group battle rages

Noble Group Ltd. dissident shareholder Goldilocks Investment Co. says the Singapore regulator’s handling of the trader’s drawn-out battle for survival is being closely followed by overseas investors,

Gaming | Stars Group builds sports-betting muscle with USD4.7b deal

Stars Group Inc.’s USD4.7-billion purchase of Sky Betting & Gaming turns the online poker giant into a major sports-betting player that could use its

Lenovo Group may lose Hang Seng Index status

Lenovo Group Ltd. is increasingly at risk of being dropped from Hong Kong’s benchmark equity index as its shares tumble more than any other technology company

Corporate Bits | Sands China increases CNG-powered buses

Sands China Ltd. announced in a statement that it has been increasing the number of its guest shuttle buses fuelled by clean energy, with 25 percent of its fleet

PokerStars owner to buy Sky Betting in USD4.7 billion deal

Poker giant Stars Group Inc. agreed to buy Sky Betting & Gaming in a deal valued at USD4.7 billion, moving deeper into sports betting to

Bordeaux vineyards are finding buyers from China, Australia

Two vineyard transactions in Bordeaux in the past month signal interest from overseas buyers in the region’s wine labels and production potential, amid a run of improved vintages since

Corporate Bits | Sands scheduled to train 3,000 gaming employees

ands China’s Professionalism Training for Gaming Practitioners programme has trained over 1,500 team members to date, and will be further training another 3,000 team members in the next two

Real Estate Matters | How Will the Hong Kong-Zhuhai-Macau Bridge Affect the Local Market?

The Hong Kong-Zhuhai-Macau Bridge (HKZMB) is due to open for traffic later this year and has been the talk of the town for quite some time,

Atlantic City | Hard Rock casino resort announces June 28 opening

Hard Rock will open its Atlantic City casino resort on June 28. Jim Allen, the global entertainment and hospitality company’s CEO, made the announcement Wednesday at Hard

Amazon’s Prime service has 100m members

AMAZON has persuaded more than 100 million shoppers to subscribe to its Prime service that offers free two-day shipping and other perks that help bind people to

Germany | Prosecutors carry out raids in Porsche diesel probe

Prosecutors have carried out raids at 10 locations in southern Germany in an investigation of current and former managers at automaker Porsche, a unit

Hong Kong interbank rate jumps as HKMA defense hits USD4.3b

The Hong Kong dollar’s interbank borrowing costs rose to their highest level this year, as the city’s de facto central bank bought more of the

Opinion | HK has whip hand in any horse race with Hainan

Hong Kong’s government can breathe a small sigh of relief: Its gambling well isn’t going to dry up just yet. Chinese President Xi Jinping handed a long-awaited

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