Ikea targets China, India expansion to meet sales growth aim

Ikea Group laid out plans to accelerate its expansion in China and open its first store in India as the world’s largest furniture retailer seeks to boost sales by almost 50 percent over

France to bid adieu to plastic dishes with controversial ban

France’s latest efforts to reduce pollution will also affect nature lovers hitting the countryside for an outdoor meal: Under a controversial new ban, picnickers won’t be able to buy plastic

Samsung scion ‘Jay Y.’ to join board as Note 7 crisis worsens

Samsung Electronics Co. heir apparent Lee Jae Yong has been nominated to the board, teeing him up for a bigger role as South Korea’s largest company struggles with a widening

HP buying Samsung Electronics’ printer business for USD1.05b

HP is buying Samsung Electronics Co.’s printer business in a transaction worth USD1.05 billion. HP Inc. said yesterday that it is the largest print acquisition in the company’s history and will help it

Corporate bits | CEM to hold 4th solar car race

Companhia de Electricidade de Macau (CEM) will hold the 4th annual edition of its “Solar and Capacitance Model Car Races” competition at Coloane Power Station, with the goal of teaching

Corporate Bits | Complementary Mooncakes on Cotai Water Jet

To celebrate the Mid-Autumn Festival this year, Cotai Water Jet is adding complementary mooncakes to meal boxes for passengers traveling between September 12 and 15. Additionally, the company is set to

Samsung Note 7 users urged to turn phones off due to fire risk

Users of Samsung Electronics Co.’s troubled Note 7 smartphones in the U.S. and South Korea were urged to immediately turn off and stop charging them, while aviation authorities around the

US firm Liberty Media buying Formula One auto racing series

Formula One is being bought by Liberty Media, a U.S. company that invests in entertainment and sports, for USD4.4 billion. Liberty Media Corp., which is controlled by 75-year-old tycoon John Malone, has

Real Estate Matters | The dirtiest word in Macau; Diversification The impossible task…

We published an article in February this year that touched on the issue of diversification and what it means to Macau. Diversification here means creating services and products not directly dependent

China trade showed unexpected strength in August

Imports rose by a better-than-forecast 1.5 percent over a year earlier, up from July’s 12.5 percent plunge and the first monthly gain since 2014, customs data showed yesterday. Exports fell

Gaming alert | Caesars woos the Candy Crush generation with new slot machines

Caesars Entertainment Corp., trying to convince young people that slot machines can be cool, is rolling out a new generation of devices in its casinos that look like the mobile

Corporate bits | Conrad Macao to launch “pink” breast cancer campaign

Conrad Macao, Cotai Central will launch its “PINK Inspired 2016” campaign, in support of breast cancer research, from October 1 to 31. The event, which is run in support of

VW plans electric car joint venture with Jianghuai

Volkswagen AG said it’s assessing the feasibility of an electric car joint venture with China’s  Anhui Jianghuai Automobile Co., potentially adding a third partner in its largest market and advancing

Italy | Museums turn toward the private sector for funding

Italian taxi drivers and concierges are being enlisted to encourage tourists to visit some museums. In Florence, supermarket customers raised 250,000 euros (USD275,000) by opting to help the city’s art

Singapore won’t ease real estate curbs ‘anytime soon,’ MAS Says

Singapore doesn’t intend to ease property curbs that have dragged home prices down by almost one-tenth anytime soon, the head of the central bank said. The relaxing of mortgage refinancing rules

Corporate bits | Sing! China TV show to air special edition in Macau

Hit reality TV show “Sing! China” is coming to The Venetian Macao’s Cotai Arena on September 21, where a special National Day episode of the series will be filmed. For the

Ailing Korean shipper Hanjin moves to resolve cargo chaos

Moving to unsnarl the chaos in its container cargo after it filed for bankruptcy protection, Hanjin Shipping Co. will seek stay orders in dozens of countries, the Financial Services Commission

Corporate Bits | World-renowned DJ to take center stage at cotai arena

Armin Van Buuren, voted five times by a global audience as the world’s number one DJ, is coming to the Cotai Arena at The Venetian Macao, as part of his

Tencent now China’s top company in private economy triumph

Tencent Holdings Ltd. has surpassed China Mobile Ltd. to become the country’s most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned enterprise. Tencent rose 4.2 percent

Dubai pushes ahead with first phase of new USD20b district

Dubai is pushing ahead with a new USD20 billion district on the city’s main highway, which will include a development of 3,000 homes and 15 hotels designed for residents and

WP2Social Auto Publish Powered By : XYZScripts.com
MACAU DAILY TIMES