Non-gaming | Sands brings Madison Square Garden to Vegas, challenging MGM

Las Vegas Sands Corp., the casino company controlled by billionaire Sheldon Adelson, plans to build a music venue in Las Vegas with Madison Square Garden Co., taking aim at competitors

New-Home sales in U.S. surge

Purchases of new homes in the U.S. surged in April to the highest level since the start of 2008, pointing to a robust spring selling season for builders. Sales jumped 16.6

Stanley Ho buys prime Singapore hotel plot

Gaming tycoon Stanley Ho has bought prime land site off Singapore’s famed Orchard Road shopping belt, in the first transaction of a redevelopment site for a hotel in this location

Sony’s profit forecast misses estimates

Sony Corp. forecast annual profit that fell short of estimates, hurt by costs to repair a factory that was damaged in the Kyushu earthquake, lost sales and slowing demand for

Corporate Bits | Wynn volunteers organize outing for seniors

According to Wynn’s statement, the two-day outing “enabled seniors to enjoy a day in the great outdoors, surrounded by nature.” The press release added that the two pandas, Hoi Hoi and

Technology | Google tries to better connect physical to digital with new ads

Google is releasing new advertising products and services to take advantage of the way people use their smartphones to search for items, then often buy in nearby stores rather than

Ryanair posts record 2016 profit, sees lower summer fares

European budget carrier Ryanair has posted record full-year profits and passenger figures, and expects both to hit new highs this summer amid rapid growth and declining fares. Yesterday’s results for the year

Corporate Bits | Tria spa opens at MGM

“Tria Spa” opened today at MGM Macau offering a variety of treatments for wellness, vitality and beauty, according to a press release from the casino operator. The spa will include a

Analysis | Luxury brands’ Chinese binge is showing signs of slowing

It’s already happened to middle-of-the-road stores across high streets and main streets. Now the world’s biggest luxury stores are starting to shutter outlets. The culprit is the Chinese consumer, who is

G-7 warns on weak global growth as Japan bristles over yen

Enda Curran, Toru Fujioka and Andrew Mayeda Finance chiefs from the world’s biggest developed economies meeting in Japan underscored concerns that global growth is flagging and reaffirmed a pledge not to

Corporate Bits | Travel weekly china awards Sheraton

According to Sheraton, China has always been one of its most important markets. It promises to continually develop its varied service and product offerings in 2016 through the introduction of

Corporate Bits | Sands holds benediction ceremonies for its dragon boat teams

Four teams from Sands China will compete in this year’s races – one team in each of the categories of male standard dragon boat, male small dragon boat, female standard

M&A | English football club Aston Villa sold to Chinese buyer

Aston Villa was sold yesterday to a Chinese businessman after a decade under the American ownership of Randy Lerner. The sale to Tony Jiantong Xia's Recon Group follows the central England

Real Estate Matters | Why rental payments are the key to owner-tenant relationships

Juliet Risdon is a Director of JML Property and a property investor. Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties

Finance | Divide over fiscal policies, currencies at G-7 in Japan

Japan faces a challenge in bridging a widening divide over how to revitalize sluggish growth in leading economies at a meeting of top financial officials that began yesterday with the

E-commerce | Jack Ma cancels keynote speech at counterfeit group meeting

Jack Ma, the head of Chinese e-commerce giant Alibaba, is withdrawing from an anti-counterfeiting convention in Florida just two days before he was scheduled to give the keynote speech. Alibaba announced

M&A | China’s Midea makes USD5.2b offer for German robot maker Kuka

Chinese appliance maker Midea made a USD5.2 billion takeover offer yesterday for German industrial robot maker Kuka, a move that it says would help it capture a larger share of

Corporate Bits | Sands Macao offers boxed meals to taxi drivers

Over 120 meal packs were offered to taxi drivers arriving at the hotel yesterday. The packs featured “double-boiled pork rib soup with Chinese herbs, poached chicken la princess with ginger

Cinema | Hoping for a blockbuster, studios plan movie on Tetris game

It lacks the building blocks of characters and a plot for now, but a Chinese-American studio hopes to turn the Tetris video game into a blockbuster movie. Threshold Global Studios is

Corporate Bits | CEM participates in Guangxi power industry summit

The meeting, which was originally proposed in 2011 by China Southern Power Grid Corporation, aims to strengthen the exchange of information, knowledge and experience among power companies in Mainland China,

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