Revenge spending | Americans prepare to spend the $1.7 trillion they’ve saved up

Shoppers are out for vengeance. A year into a pandemic that’s devastated lives, jobs and the economy, those who are lucky enough to have disposable income are ready to go out and splurge

Aux Beaux Arts reopens

Aux Beaux Arts, the French brasserie situated at the Grande Praça of MGM Macau, has returned and has brought back traditions and heritage of French cooking, the gaming operator announced

Energy | US drivers are burning more gas, a trend likely to continue

After a year of getting pummeled by the coronavirus, U.S. oil demand is bouncing back - and this time it looks like it’s here to stay. Retail gasoline sales rose last

Social media | China Signal users report difficulty accessing messaging app

Signal, an encrypted messaging app that competes with the likes of Facebook Inc.’s WhatsApp, appears to have been blocked in China, the latest move by Beijing to crack down on

Markets | World shares mixed as China reports so-so economic data

Shares rose in Europe after a mixed session in Asia yesterday as China reported a variety of data that painted a complicated picture of its recovery from the pandemic. The passage

Corporate bits | The Parisian Macao offers Easter promotions

The Parisian Macao is offering special festive menus at the Brasserie, picnicking at Le Jardin and pampering spa treatments promotions at Le SPA’tique. The French Brasserie restaurant is offering delicious Easter lunch and dinner set menus from April

Cybersecurity | Hackers breach thousands of security cameras, exposing Tesla, jails, hospitals

A group of hackers say they breached a massive trove of security-camera data collected by Silicon Valley startup Verkada Inc., gaining access to live feeds of 150,000 surveillance cameras inside

Markets | China’s $1 trillion stock rout tests limit of state intervention

A world-beating rally in Chinese stocks has turned into the biggest rout globally, shocking investors with the severity of its reversal and evading state efforts to slow the pace of

Chinese EV Makers Nio, Xpeng eye second listings in Hong Kong

Chinese electric carmakers Nio Inc. and Xpeng Inc. are considering second listings in Hong Kong, according to people familiar with the matter, as consumer demand for EVs globally continues to

Corporate bits | MGM hosts employee talent competition

MGM hosted its first “Employee Talent Competition”, attracting over 300 team members to cheer for the 15 finalists on the grand stage of MGM Theater. Aiming to build a platform for

China’s carbon market to grow to $25 billion by 2030, Citi says

The size of China’s carbon market will expand more than 30-fold over the next decade as it covers more industries and polluting becomes more expensive, according to Citigroup Inc. The market’s

Yuan erases 2021 gain but remains in high levels

The Chinese yuan briefly erased its year-to-date gains versus a rebounding dollar, amid a broad rout in risk assets across Asia. The onshore yuan weakened as much as 0.5% to 6.5290

The Ritz-Carlton to present ‘Star Collaboration’ menu

The Ritz-Carlton, Macau recently welcomed the Michelin-starred chef, Aiden Huang, from The Ritz-Carlton, Guangzhou for an exclusive three-day culinary journey alongside its Chinese Executive Chef, Jackie Ho, at Lai Heen. From March 26 to

Melco holds Chinese culture exhibition tour for employees

As part of Melco Resorts & Entertainment’s “Splendors of China” learning program, 40 colleagues from the Melco management team recently toured the “Loving the Country, Loving Macau Education Base for Young People” located

Energy | China turns the screws on renewables just when it needs them

After shortchanging renewable energy developers for years to the point where it owes billions of dollars in unpaid subsidies, the Chinese government is now proposing that those companies may have to cancel

Robert Downey Jr. and Bill Gates bet on electric motor startup

As much as half of the world’s electricity is consumed by motors. They power everything from fans to electric cars and pumps to industrial machinery. Making them more efficient could go a long

Breaking News: Las Vegas Sands sells its properties in USD6.25b deal

Las Vegas Sands Corp. (LVS) today (Wednesday) announced that it has entered into definitive agreements to sell its Las Vegas real property and operations, including The Venetian Resort Las Vegas

Analysis | Xi mobilizes China for tech revolution to cut dependence on West

For U.S. politicians, China’s potential to dominate sensitive cutting-edge technologies poses one of the biggest geopolitical threats of the next few decades. President Xi Jinping is similarly worried the U.S.

China region declares war on crypto mining, stirring wider fear

China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate

Gold steadies after worst month in four years as yields in focus

Gold steadied after its biggest monthly slump since late 2016 as dovish comments from the world’s major central bankers helped curb rising bond yields. Last week’s sell-off in sovereign debt stabilized

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