Jack Ma is opening his wallet to Europe but not to Europeans

Jack Ma will set a bag aside for you at your favorite Paris store or hail you a ride in Rome - just as long as you’re not European. China’s biggest

Gaming | Rumors of King Kong coming to Vegas

Later this month, Wynn Resorts will open the USD4.2 billion Wynn Palace on the Cotai Strip, drawing inspiration from the floral themes and colorful displays at Wynn Las Vegas. The Cotai

Corporate bits | Sands China continues to source from local suppliers

Since launching its Local Supplier Support Program in July of last year, Sands China Ltd. has purchased various products from 74 new local suppliers, leading to a total of  more

Hugo Boss rises on signs of recovery as sales beat estimates

Hugo Boss AG, the embattled German fashion label, rose after showing its first signs of a potential turnaround under new Chief Executive Officer Mark Langer as second-quarter revenue beat estimates. Sales

When China sneezes these countries will be first to feel a chill

If (or when) China sneezes - ranging from a sharp devaluation of its currency or protectionist measures to defend local industries - Singapore, Taiwan, Vietnam, South Korea and Malaysia would

Corporate bits | MGM holds ‘haircut of love’ campaign

For the third consecutive year, between July 27 and 29 a group of 30 MGM Volunteer Team members set out for care homes in different parts of the region to

Ask the Vet | Common Questions About Queening and Breeding Cats

Breeding cats can be a wonderful experience. However, unless you are prepared to learn how to take care of a breeding cat and have homes for all the kittens, you should

Paradox nation: Norway, a climate leader making money on oil

Norway wants to get rid of gasoline-fueled cars, plans to become carbon neutral by 2030 and spends billions on helping poor countries reduce their carbon footprints. Meanwhile, it’s pushing ever

Real Estate Matters – Did You Know…? | 20 Interesting Facts About Macau Property – Part 1

1. The law on security deposits The usual security deposit (or ‘bond’ as it is sometimes called) in Macau is an amount equivalent to 2 months rent. The law states that the

Icahn to close Taj Mahal leaving no more Trump casinos in New Jersey

Billionaire Carl Icahn will close the Trump Taj Mahal resort in Atlantic City, New Jersey, citing ongoing labor strife 18 months after acquiring the one-time flagship of Donald Trump’s casino

Evergrande invests USD1.4 billion in competitor China Vanke

Evergrande Real Estate Group Ltd., controlled by billionaire Chairman Hui Ka Yan, paid 9.1 billion yuan (USD1.4 billion) for a 4.68 percent stake in China Vanke Co., the competitor embroiled in

Corporate bits | MGM Cotai receives award from China green building

The China Green Building and Energy Saving (Macau) Association have awarded MGM China Holdings Ltd. a two-star certification under the China Green Building (Macau) Design Label for its second resort

HSBC climbs most since April on USD2.5b stock buyback plan

HSBC Holdings Plc rose the most since April after it announced a USD2.5 billion stock buyback for this year and said it plans more share repurchases while keeping its dividend

Corporate bits | Melco Crown launches lactation rooms

Melco Crown Entertainment Limited (MCE) yesterday announced that fully equipped lactation rooms for employees have been launched across the company’s four premises in Macau in order to assist nursing mothers

Mitsubishi scandal probe finds unrealistic goals, conflicts

A group of lawyers asked by Mitsubishi Motors Corp. to investigate mileage cheating at the Japanese automaker found a divided company that had set unrealistic goals, to which employees simply

Lufthansa profits up on lower costs but tougher times ahead

German airline Lufthansa repeated a warning that terrorism fears would weigh on bookings and profits in the second half of the year as it reported a solid increase in underlying

Opinion | Mark Zuckerberg seizes fresh ground in battle over media

Facebook and Google are the 800-pound gorillas in online advertising because of audience reach and superior targeting. They enjoy another lesser-known advantage: they’re largely immune to ad blocking. People install ad

Uber’s Chinese rival acquiring company’s China operations

Uber Technology Ltd. and its main Chinese competitor are combining their ride-hailing operations in China, ending a costly battle to attract riders. Yesterday’s announcement marks the latest foreign technology brand to tie

Chinese interest fires up Portuguese bank’s share price

Shares in Portugal’s Banco Comercial Portugues were volatile yesterday after China’s Fosun made a surprise offer to take an almost 17 percent stake in the country’s largest listed bank by assets. BCP S.A.’s

Corporate bits | Sands team members take part in cultural tours

Sands China team members recently participated in two cultural tours of Macau, organized by Sands China Ltd, to broaden team members’ understanding of the region’s Sino-Lusophone culture and history. According to

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