Samsung, Apple agree to drop lawsuits outside US

Samsung and Apple Inc. have agreed to end all patent lawsuits between each other outside the U.S. in a step back from three years of legal hostilities between the world’s two

HK court: Tycoon can sue Google over autocomplete 

A court has ruled that a Hong Kong tycoon can sue Google over its autocomplete results suggesting he has links to organized crime. In a judgment released yesterday, the court dismissed

Corporate Bits | Five Sands China restaurants win wine spectator restaurant awards

The distinction by Wine Spectator is given to restaurants across the world for quality wine list selections and presentation, awarded at three levels: the Award of Excellence, the Best of

Xiaomi beats Samsung in Chinese smartphone market 

Xiaomi, a Chinese handset maker little known in the West, overtook tech giant Samsung Electronics Co. to become China’s top-selling smartphone brand in the second quarter, a market research company said yesterday. According

Vegas resort planned at former New Frontier site

A new resort could soon spring up on the vacant Las Vegas Strip site of the former New Frontier casino, thanks to a partnership between Australian billionaire James Packer and

Toyota profit up nearly 5 percent on sales growth 

Toyota Motor Corp. reported a 5 percent jump in quarterly profit yesterday, outpacing expectations as vehicle sales grew in North America and Europe, offsetting a drop in Japan. The Japanese maker

Corporate Bits | Phelps signs with new suit company 

Now, as he comes back from retirement, the most decorated athlete in Olympic history will have a different look. Phelps announced yesterday that he signed a deal with Aqua Sphere, a

Crown Resorts pays USD280m for Las Vegas Strip site

Crown Resorts Ltd., the gambling company controlled by billionaire James Packer, plans to open a casino on the Las Vegas Strip after paying USD280 million for a site formerly occupied

Corporate Bits | Zhuhai Yanlord Marina Centre apartments for sale in Macau

With a site area of approximately 40,000 square meters and a planned area of around 210,000 square meters, the Yanlord Marina Center, a 600-meter-long building complex along Zhuhai’s “lover’s road”,

Cheung Kong submits bid for some planes from lessor Awas

Li Ka-shing’s Cheung Kong Holdings Ltd. made a bid to buy a portfolio of planes from lessor Awas as the Hong Kong billionaire’s flagship company diversifies its investments into infrastructure. Cheung

CHINA | Services index drops to six-month low on property

A Chinese services-industry index declined to a six-month low in July, dragged down by a weaker property market. The non-manufacturing Purchasing Managers’ Index fell to 54.2 from 55.0 in June, the

China revamps Everbright Group in state business shake-up

The company will become a joint stock company instead of a “state-wholly-owned enterprise,” Hong Kong-listed unit China Everbright Ltd. said in an exchange filing yesterday. Set up in 1983, the

Corporate Bits | Two Macau students named Microsoft Office specialist World Champions

In its 13th year, the 2014 Microsoft Office Specialist World Championship attracted more than 400,000 candidates from 130 countries. 123 student finalists participated in the final round of the competition. Certiport

China bladder trade sending porpoise to extinction

Gillnet fishing in the upper Sea of Cortez has pushed the vaquita marina, the world's smallest porpoise, to the brink of extinction, according to an environmental report published Friday which

REVIEW: A look at the recent revival of South African wine’s with the new kids in town

Born and raised in Sheffield, UK Richard worked as a chef before moving to the wine trade while often listening to the Clash. Richard got a basic winemaking diploma by

WORLD VIEWS: Portugal should allow BES to fail

Back in August 2008, as the credit crunch was really starting to bite, Tim Price, director of investments at PFP Wealth Management in London, had this to say: A banking

Cheung Kong’s profit rises 59 pct as home sales rebound

Cheung Kong Holdings Ltd., the property developer controlled by billionaire Li Ka-shing, said first-half profit gained 59 percent on a one-time gain and an increase in Hong Kong home sales. Net

REAL ESTATE MATTERS : One question on everyone’s mind; Are we in a property ‘Bubble’?

Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties for owners and investors, and providing attractive and comfortable homes for tenants.   The

PROJECT POKER: From piste to poker

For those who might not know me, I'm a 28-year-old cross-country skier. I've been skiing all my life, starting out not-so-good and eventually becoming quite successful, being part of the

Incheon culture hub bid buoyed by bond law change

Incheon, a port city west of Seoul that two years ago ran out of money to pay its workers, is using borrowed funds to transform into a modern cultural, sporting

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