Buffett says Apple stake boosted to more than USD18b

Berkshire Hathaway Inc. increased its stake in iPhone maker Apple Inc. to about 133 million shares, Chairman Warren Buffett told CNBC. That’s more than twice

Malaysia says Saudi Aramco will invest USD7b in oil hub

Malaysian Prime Minister Najib Razak said yesterday that oil major Saudi Aramco will invest USD7 billion in a mammoth oil processing hub in Malaysia, making it the

The classic Nokia 3310 is back, along with new smartphones

Finnish company HMD Global Oy unveiled a range of new phones, including a redesign of the classic Nokia 3310, in a bid to win back mobile consumers.

Corporate bits | Sands Resorts holds sales appreciation awards dinner

Sands Resorts Macao hosted its annual Sales Appreciation Awards gala dinner on Thursday at The Parisian Macao to recognize its leisure, MICE, airline and media partners’ contributions to its success

Guards become first Sands casino workers with union contract

Security officers at a Pennsylvania casino have become the first to ratify a union contract under billionaire casino magnate Sheldon Adelson. Security personnel at the

AIA, Manulife said to bid for SCB’s Thai Life insurance unit

AIA Group Ltd. and Manulife Financial Corp. are among bidders for Siam Commercial Bank Pcl’s life insurance operations in what could be the biggest- ever acquisition of a

Ask the Vet | 5 Common Problems With Dog Toenails

Dog toenails, while seemingly tough, can have problems that if left untreated, can cause a significant amount of pain to the dog. Most frequently many of these problems

Real Estate Matters | Common misconceptions about renting a property in Macau – Part 5

When you consider the rental process usually involves at least two different languages (sometimes three), its not surprising that misunderstandings are commonplace. This list of

Gaming | Packer accelerates Crown makeover as CEO leaves, IPO scrapped

Billionaire James Packer accelerated his restructure of Crown Resorts Ltd., replacing the chief executive officer and scrapping a hotels listing as the casino operator seeks to

College Board to boost SAT security globally

The firm that oversees registrations for the SAT college entrance exam is boosting security around the world following test-stealing and other cheating in recent years.

Corporate bits | Nicolas Sarkozy appointed to Accorhotels’ board

In order to advance the implementation of AccorHotels’ expansion strategy, its Board of Directors has decided to set up an “International Strategy Committee.” This Committee will

Corporate bits | CTM launches Applecare+

CTM has launched AppleCare+, becoming the first telecom service provider to launch AppleCare+ in Macau. The introduction of AppleCare+ will mean that iPhone, iPad and Apple

HK developers advance ahead of city’s budget speech

Hong Kong property stocks extended gains ahead of the city’s annual budget speech today, as some analysts anticipated announcements that would benefit developers. Property companies were

Food & Beverage | Hungry Singaporeans make eating profitable as restaurants rally

As Singapore’s stock market continues to rally, an often overlooked sector is getting a boost. The city-state’s listed restaurants have outperformed regional and global peers as

Briefs | Yahoo salvages Verizon deal with USD350m discount

Yahoo is taking a USD350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in

HSBC warns of risks to world economic growth as profit dives

London-based bank HSBC reported yesterday that its annual profit slumped following a year it said would be remembered for “unexpected economic and political events” and warned of risks

Singapore budget 2017: Winners and losers

In a bid to boost growth and productivity amid global economic and geopolitical uncertainties, Singapore Finance Minister Heng Swee Keat announced measures to support infrastructure projects

One-third of restaurants report growth in December survey

The results of the latest “Business Climate Survey on Restaurants and Similar Establishments” were released yesterday in a statement published by the Statistics and Census Service

Game site said to seek funds at USD1.2b valuation

Douyu, the live- streaming service backed by Tencent Holdings Ltd. that’s been compared to Amazon’s Twitch, is in talks to raise a billion yuan (USD145 million) in

Audi China dealers demand USD4b to cover sales losses

Audi dealers in China are demanding 28 billion yuan (USD4 billion) to cover losses over the past three years that they blame on the automaker adding

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