Tesla stock is soaring. Madness or visionary investing?

Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell

IWC Schaffhausen unveils reworked Portugieser Chronograph

Luxury Swiss watch manufacturer IWC Schaffhausen has unveiled a reworked version of the Portugieser Chronograph. The new version of this watch features a new design, keeping the original clean and

CEM makes service adjustments in response to virus outbreak

In response to an appeal from the Macau SAR government, and to ensure the safety of citizens and employees, between February 5 and February 14, some Companhia de Eletricidade de

FMCC’s charity gala themed ‘A Night at the Museum’

“The 2020 FMCC Charity Gala Dinner will take you into the world of the most famous temples of art. Celebrate with us iconic museums such as Louvre, le Musee

AirAsia cancels all flights between Philippines and China

In compliance with the Philippine government’s directive imposing travel restrictions on the People’s Republic of China, AirAsia is cancelling all its flights between the Philippines and mainland China, Hong Kong

Japan | Lunar New Year department store sales plummet

Japanese department store operators saw duty free sales slump during the key Lunar New Year holiday, one of the first indications of how hard the nation’s retail sector will be

Indonesia | Chinese abandon Bali beaches leaving tourism sector bruised

With Indonesia suspending visas to Chinese citizens in the wake of the outbreak of the deadly novel coronavirus, the country risks missing its target to lure a record number of

Corporate Bits | Galaxy pledges MOP25 million to fight pneumonia outbreak

Galaxy Entertainment Group (GEG) has donated MOP20 million to Hubei Province to help the region fight the Wuhan coronavirus outbreak and assist relief efforts. Made through its Galaxy Entertainment Group Foundation,

Corporate Bits | BNU temporarily closes three branches as preventive measure

Local bank Banco Nacional Ultramarino, S.A. (BNU) announced that it is temporarily closing three of its branches as part of preventive measures to protect its customers and staff from the

Dealers call on Art Basel to cancel HK show over virus fears

The spread of the deadly coronavirus may jeopardize Art Basel Hong Kong, one of Asia’s most prestigious art fairs, with participating galleries asking organizers to cancel the event’s eighth edition

Corporate Bits | Meg-Star establishes special fund for Wuhan coronavirus

Meg-Star International Charity Association by Meg- Star Group has donated MOP10 million in the fight against the Wuhan coronavirus. According to a statement, the charity has taken the lead to establish

Companies with China ties start to feel virus impact, casinos included

Chinese authorities have cut off access to Wuhan, where the virus originated, and 16 other cities to prevent further spread of the virus, affecting more than 50 million people. The

Fed chair sees China virus as possible risk to world economy

WASHINGTON — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in

Corporate Bits | AirAsia implements digital solution to reduce carbon emissions

AirAsia is taking its environmental responsibilities a step further by implementing digital solutions that are aimed at improving fuel efficiency and reducing carbon emissions, the low-cost carrier announced in a

Corporate Bits | Association to hold first printmaking exhibition at Taipa Village

The Taipa Village Cultural Association is holding its first printmaking exhibition, “Fallen,” at the Taipa Village Art Space, featuring works using ancient printmaking techniques based on metaphysical subjects. Curated jointly by

Corporate bits: Sands China president, executives visit team members to encourage their Wuhan virus prevention efforts

“As Macao, the region, and the world work to combat this fast-spreading virus, Sands China is extremely appreciative of its team members for their continued dedication to serving our guests

World markets tumble as fears over virus outbreak spread

Taiwan's benchmark dived 5.8% as its market reopened after the Lunar New Year. Shares fell in most other markets, with the CAC 40 in Paris dropping 1.1% to 5,890.00

EU stops short of recommending ban on China’s Huawei

The European Union unveiled security guidelines for next generation high-speed wireless networks that stop short of calling for a ban on Huawei, in the latest setback for the U.S. campaign

McDonald’s closes several hundred restaurants in Hubei Province

McDonald’s Corp. has closed several hundred restaurants in Hubei province, which is at the center of a viral outbreak in China that has killed more than 100 people and upended

Corporate Bits | Ritz-Carlton announces Valentine’s Day offerings

The Ritz-Carlton, Macau is presenting a series of promotions for the upcoming month of love, including gastronomic experiences and spa treats, the hotel announced in a statement. The Ritz-Carlton Café is

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