Dubai’s DEWA utility goes public after raising $6b in IPO

Dubai's Water and Electricity Authority, known as DEWA, began trading for the first time yesterday, after raising just over $6 billion during its initial public

Japan’s Honda outlines strategy to forge ahead on EVs

Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese

Melco’s roadshow series generates MOP3m revenue for local SMEs

Melco Resorts & Entertainment has generated over MOP3 million revenue for local small & medium enterprises (SMEs) in the first quarter of 2022 through its Heart of House

MGM donates another MOP300,000 to Holy House of Mercy’s Welfare Shop 

MGM has donated MOP300,000 to the Macau Holy House of Mercy’s Welfare Shop project for the 10th consecutive year — in a bid to fund the distribution of food

UK Treasury chief fights to save reputation in tax storm

Britain's Treasury chief, once seen as a potential candidate for prime minister, is fighting to save his reputation by requesting an investigation of his own conduct

Defense Australia, UK, US alliance to develop hypersonic missiles

The United States, United Kingdom and Australia announced this week they will work together via the recently created security alliance known as AUKUS to develop hypersonic missiles. The

Studio City Water Park to reopen Apr. 29

From April 29 to June 30, there is a limited time exclusive offer available for Melco Style WeChat members with options of buy-2-get-1-free on standard tickets. Tickets are

CTM lowers prices for landline phone service

Following the enhanced speeds and price reduction offer effective in February for Internet services that cover ordinary business, residential fiber broadband and DIA services, CTM has

‘Green steel’ heating up in Sweden’s frozen north

For hundreds of years, raging blast furnaces — fed with coking coal — have forged steel used in cars, railways, bridges and skyscrapers. But the

Floral surprises at Sands Resorts Macao

Macau ID cardholders can enjoy a buy-one-get-one-free offer for outdoor gondola ride ticket until June 30, 2022. For flower lovers, a must-go destination is the art installation

The Lounge at JW Marriott Hotel Macau expands menu

The Lounge at JW Marriott Hotel Macau has expanded its menu, offering brand new cocktails, small plates and other culinary creations. At The Lounge, guests can savor

China tries to limit economic blow of Shanghai shutdown

As millions of people in Shanghai line up for coronavirus tests, authorities are promising tax refunds for shopkeepers in the closed-down metropolis and to keep

EU wants to end golden passport schemes, targets Russians

The European Commission recommended that EU nations end golden passport schemes that allow wealthy people to buy their way into the bloc’s citizenship, and urged them

China’s Huawei says 2021 sales down, profit up

Chinese telecom equipment maker Huawei said yesterday its sales fell but profit rose 76% in 2021, despite U.S. sanctions. Huawei’s chief financial officer was released

Sands China observes Earth Hour for 14th straight year

Sands China Ltd. observed Earth Hour 2022 at its properties Saturday, turning off exterior lights and non-essential indoor lights for one hour in support of the annual global event. It

US agrees to lift taxes on British steel, aluminum

The United States has agreed to lift tariffs on British steel and aluminum, mending a rift between allies that dates back to the Trump administration.

ZTE says probation ends after clash with Washington

ZTE Corp. said yesterday a U.S. judge has allowed a probation period to end after the telecom equipment maker was nearly destroyed in a clash with

Alibaba raises buyback to $25B to boost slumping stock

Alibaba Group, the world’s biggest e-commerce company, increased a share buyback to $25 billion from $15 billion yesterday to prop up a stock price that has fallen

Tesla opens ‘Gigafactory’ near Berlin, its first in Europe

Electric car manufacturer Tesla is opening its first European factory yesterday on the outskirts of Berlin in an effort to challenge German automakers on their home

‘The Batman,’ still No. 1, crosses $300 million

The Batman” is still going strong three weeks into its theatrical run, with a tight grip on the top spot at the box office. Robert

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