Las Vegas Sands to sell Pennsylvania casino for USD1.3 billion

Las Vegas Sands Corp. is selling its casino in Bethlehem, Pennsylvania, to an American Indian tribe from Alabama. Wind Creek Hospitality, an affiliate of the Poarch Band of Creek

Trump considers steel tariffs amid threats of retaliation

President Donald Trump said he’s “looking forward” to meeting at the White House on his call to impose sweeping tariffs on imported steel and

China’s February exports surge, trade surplus widens

China’s exports surged in February while its politically sensitive trade surplus widened amid mounting tension with Washington. Exports rose 44.5 percent over a year

Corporate bits | St. Regis Macao announces Easter treats

The St. Regis Macao will present “Family Sharing Set Dinner,” available from March 26 to April 2 and the “Easter Sunday Brunch,” at The Manor on

Vegas congresswoman asks US to preserve internet gambling

A U.S. congresswoman whose Nevada district includes the Las Vegas Strip asked the federal government Tuesday to keep internet gambling legal. Democratic Rep. Dina Titus wrote

BMW mulling motorcycle ride-sharing in congested cities

BMW AG would like to start offering up the back seat on motorbikes and scooters to get around congested cities - if the issue of helmets can

Qatar Air sounds defiant note over sanctions

Qatar Airways Chief Executive Officer Akbar Al Baker struck a defiant tone in the face of the continued sanctions against his country, calling them a “challenge

Singapore | Blue diamond initial coin offering cancelled

A Singapore-based company has called off a USD2 million initial coin offering backed by a 2.08-carat blue diamond that gave investors a chance at a raffle for a

Chinese firms to pay USD14 million back wages in Saipan

Four China-based construction firms will pay nearly USD14 million in back wages and damages to thousands of Chinese workers for construction of a casino in the U.S.

Corporate bits | MGM celebrates CNY with seniors charity

On March 3 MGM celebrated the start of the Chinese New Year with senior members of the Women’s General Association of Macau. As part of the celebration, a lion

Axa bets market set for rebound with USD15.3b XL deal

Axa SA Chief Executive Officer Thomas Buberl is betting the worst is over for insurance. His USD15.3 billion purchase of XL Group Ltd., the company’s biggest

Noble group paid Co-CEO USD20m as company lost billions

Noble Group Ltd. handed its outgoing co-Chief Executive Officer Jeff Frase a remuneration package worth about USD20 million last year, even as the commodity trader slumped

Tencent CEO urges ID link for Hong Kong and Chinese citizens

Tencent Holdings Ltd. Chairman Ma Huateng called on the Chinese government to introduce an ID system that would link multiple sets of travel documents with a mobile

Casino-backed startup eyeing Alzheimer’s cure worth USD2.5b

It hasn’t found a cure for Alzheimer’s disease and doesn’t have any drugs on the market. Yet, TauRx Pharmaceuticals Ltd. says the company’s worth about USD2.5 billion

Corporate Bits | Hong Kong jet announces upgraded maintenance for g550s

Hongkong Jet has announced the upgrade and expansion of its HKAR-145 maintenance capabilities to include the ability to certify the Gulfstream G550 to 144MOS/12C level.

Real Estate Matters | Using your BATNA to negotiate – Part 2

Continuing on from last week's article on negotiation and the BATNA, we will explore some other simple techniques you can use during negotiating to put the odds in

Philippines | Manila airport bid challenged by USD3b offer

Aventure of Megawide Construction Corp. and GMR Infrastructure Ltd. submitted a USD3 billion proposal to upgrade and expand the Philippine capital’s 70-year-old airport, challenging a $6.7

Gaming | Sports betting’s big wager: Will younger bettors ante up?

As the push to legalize sports gambling in the U.S. nears a crucial Supreme Court decision, states hoping to reap a financial windfall could face another hurdle:

Xi’s warning to investors: Any Chinese billionaire could fall

President Xi Jinping’s government has fired another warning shot at global dealmakers doing business with Chinese billionaires: Not even the most well-connected tycoons are safe.

One song at a time | Spotify’s unusual IPO seeks to drum up fans on Wall Street

Music-streaming pioneer Spotify is hoping to attract a new crowd of fans on Wall Street as its competition with Apple heats up. Spotify is pursuing

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