Norway raises key interest rate to fight inflation and expects further hikes ahead

Norway's central bank said yesterday that it has raised its key interest rate by half a percentage point in an effort to “bring inflation down to

Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic

Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in

Tesla technology inches closer to becoming industry standard as Rivian joins its charging network

Electric vehicle maker Rivian says it will follow General Motors and Ford and join Tesla’s charging network next year. The startup truck, SUV and delivery

New Jersey casinos, tracks and partners won $471m in May, up 9.4%, but in-person winnings still lag

New Jersey's casinos, horse tracks that take sports bets and the online partners of both types of gambling won nearly $471 million in May, up 9.4%

Intel to build $33-billion chip plant in Germany after government pledges to cover 1/3 of cost

Intel and the German government signed a deal Monday that will see the U.S. company spend more than 30 billion euros ($32.8 billion) to build a

Sands China honors 2,500 long-serving employees

More than 2,500 Sands China team members are celebrating their 20-year, 15-year or 10-year company anniversaries in 2023, with Sands China honouring them recently at ceremonies at The Venetian Macao and

MGM presents Nordic-Japanese inspired cuisine pop-up

Chef Peter Kasamvilas of Koji-delic, a Thai chef who is also the youngest finalist of MasterChef Thailand, has been invited to present his innovative Nordic-Japanese inspired cuisine at a

Amazon, Marriott and other companies vow to hire thousands of refugees in Europe

Multinational companies including Amazon, Marriott and Hilton pledged Monday to hire more than 13,000 refugees, including Ukrainian women who have fled the war with Russia, over

Sands China sponsors ‘Sea of Plastic’ exhibition

Organized by the Institute of Science and Environment (ISE) at the University of Saint Joseph (USJ) and sponsored by Sands China Ltd., “The Sea of Plastic: A Recycled

GalaxyArt hosts workshops alongside current exhibition

The GalaxyArt at Galaxy Macau is presenting the “Artists-in-Residence: Summer Love - Live Mural Painting and Exhibition.” The event features five resident artists from Hong Kong and Macau

Microsoft says early June disruptions to Outlook, cloud platform, were cyberattacks

In early June, sporadic but serious service disruptions plagued Microsoft’s flagship office suite — including the Outlook email and OneDrive file-sharing apps — and cloud computing

Sands China assembles 3,000 kits to address food insecurity  

Sands China distributed food kits to the elderly at Caritas Macau’s Brilho da Vida Elderly Centre last week, as part of the Sands Cares Food Kit Build, a global volunteer

MGM co-launches RR1 Hong Kong Culinary Masters Macau

MGM and Robb Report Hong Kong announced a line-up of award-winning chefs for the first exclusive MGM x RR1 Hong Kong Culinary Masters Macau of Asia, taking place from August 10 to

New Zealand’s economy dips into recession as higher interest rates bite

New Zealand’s economy has dipped into recession as higher interest rates take their toll, new figures released yesterday show. Gross domestic product fell by 0.1%

Macau Legend to sell Laos operation for $45m

Local hospitality and casino services operator, Macau Legend Development Limited, has announced it has signed a letter of intent to sell its operation in Laos.

Air Macau losses mount in 2022

Air Macau, the city’s flagship airline, experienced a nearly one-third year-on-year increase in losses across 2022, reaching over one billion patacas ($124 million), according to recently

Citi highlights Macau’s GGR improvements last week

Citi Research noted in a report that, according to industry sources, Macau’s gross gaming revenue (GGR) for the first 11 days of June may have reached approximately

Media Fox sends Tucker Carlson ‘cease-and-desist’ letter over Twitter series

Fox News sent Tucker Carlson a “cease-and-desist” letter over his new Twitter series, Axios  Carlson  Since leaving Fox, Carlson kicked off a  Fox

Sands China educates team members on Basic Law at seminar

Sands China recently held a seminar to mark the 30th anniversary of Macau SAR’s Basic Law, attended by around 100 of Sands China’s management team. The seminar

Michelle Yeoh starred at the grand opening of The Karl Lagerfeld Macau

As the world’s only hotel tower exclusively designed by the legendary Karl Lagerfeld, this “remarkable property sets the stage for an unparalleled experience in creativity and rock-chic elegance,” SJM

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