TUI said to weigh resurrecting leisure carrier

TUI AG is considering resurrecting efforts to form a joint venture with Air Berlin Plc and Etihad Aviation Group by taking a bigger role in the

Hong Kong stocks unsettled by Macau’s June revenue miss

Hong Kong stocks fell for a second day yesterday, but managed to recover by the close on Monday, as casinos led declines after gaming revenue in Macau

Hollywood endings not enough to rescue China box office

China’s box-office receipts fell last month as Hollywood blockbusters failed to compensate for poor showings by local films. June movie ticket sales dropped 5 percent to

U.S. approves laptops on flights from Abu Dhabi

The U.S. Department of Homeland Security lifted its ban on electronic devices in the cabins of commercial jetliners flying to the U.S. from Abu Dhabi after validating

Corporate bits | Sands Resorts offering ‘Macau summer celebration’ suite packages

Sands Resorts Macau is offering suite packages as part of its “Macau Summer Celebration” promotion. The promotion includes discounts of up to 35 percent for visitors to enjoy

Gaming | Crown’s pain is investor gain as China trauma spawns new era

In just eight traumatic months, Crown Resorts Ltd.’s entire overseas strategy has unraveled. Investors haven’t had such a bad time. Some staff of the Australian casino operator

Workers brace for job fight amid electric-car shift

Workers at Mercedes-Benz’s biggest engine plant, worried about their jobs as the carmaker shifts to electric technologies, are ratcheting up their fight over the

H&M sales buoyed by further expansion, cost controls 

Swedish low-cost fashion brand Hennes & Mauritz AB says second quarter sales increased by 10 percent to 59.5 billion kronor (USD7 billion) mainly because of its continued expansion and

Real Estate Matters | The Rental Process For Tenants Part 3

Hopefully you read last week’s article about securing an apartment. Once all deposits, fees and rental amounts have been paid as outlined in last weeks

Singapore | Monetary Authority says not yet time to ease property curbs

Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding

Alibaba to invest USD1b in Lazada to speed Asian drive

Alibaba Group Holding Ltd. will invest another USD1 billion to raise its stake in online mall Lazada Group SA to 83 percent, securing control of a

Justices to review New Jersey bid for legal sports betting

The Supreme Court agreed this week to take up New Jersey’s bid to allow sports betting at its casinos and racetracks, a case that could lead other states

Google fined USD2.7b as EU threatens search monopoly

Google lost its biggest regulatory battle yet, getting a record 2.4 billion-euro (USD2.7 billion) fine from European Union enforcers who say the search-engine giant skewed results to thwart smaller

Corporate bits | Top honors for Wynn at Hurun Presidential Awards

Wynn Palace Cotai and Wynn Macau received several awards at the 2017 Hurun Presidential Awards in Shanghai. Wynn Palace was awarded several titles, including “Best Banquet Venue,” “Best

Air Macau provides long-haul service to Europe via transfer

Macau’s local airline has added a new transition airport in southwest China’s Sichuan Province and expanded its long-haul service to include more European cities. This information was

Analysis | Gaming Japan’s casinos will do just fine without high rollers

Is Japan’s USD40 billion casino industry about to be strangled in its cradle? That’s one way of looking at proposed regulations that would effectively ban junket operators

Corporate bits | MGM celebrates dragon boat team’s achievement

MGM hosted a celebration for its dragon boat team last Friday. The MGM dragon boat team snatched several titles at this year’s Macau International Dragon Boat races,

Cyprus signs deal to build ‘Europe’s largest casino’

Cyprus signed a deal yesterday for the construction of what officials say will be Europe’s biggest casino. The small Mediterranean island nation’s government backed proposals

Google said to face EU antitrust fine as soon as today

Google is set to face a record antitrust fine from the European Union today for promoting its own shopping search service over those of smaller rivals, according

Air bag maker Takata bankruptcy expected today

Drowning in a sea of lawsuits and recall costs, Japanese air bag maker Takata Corp. is expected to seek bankruptcy protection in Tokyo and the United

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