VW sales dip in Europe, but no more than competitors

European car buyers appear reluctant to punish Volkswagen for its emissions scandal, penalizing the German automaker’s sales last month no more than some of its mass-market competitors. The European car market

Corporate bits | Eason Chan comes to the Venetian for new year’s countdown

Eason’s latest concert series explores the details and nuances of life using an entirely new production, energetic dance routines, and intricately designed costumes. His unique voice and the visual experience

Marriott buys rival hotel chain Starwood for USD12.2 billion

Marriott International is buying rival hotel chain Starwood for USD12.2 billion in a deal that will secure its position as the world’s largest hotelier. The stock-and-cash deal, if completed, will add

Apple to open retail store in Singapore powered only by sun

Apple will open its first retail store in Singapore, which will also be Southeast Asia’s first to be powered solely by solar energy, officials said yesterday. Solar energy developer Sunseap Group

Japan falls into recession for second time under ‘Abenomics’

Japan’s economy contracted in the third quarter as business investment fell, confirming what many economists had predicted: The nation fell into its second recession since Prime Minister Shinzo Abe took

Corporate Bits | English beef and lamb promotion kicks off

Healthy Beef and Lamb’, launched yesterday in restaurants throughout Hong Kong and Macau. The event is organized by AHDB Beef & Lamb, part of the Agriculture and Horticulture Development Board in

HK billionaire Lau sets two records in 24 hours

Pure coincidence or impeccable timing? Either way, Hong Kong billionaire Joseph Lau has just pulled off a twofer for the history books. On Wednesday night he paid 48.6 million Swiss francs (USD48.4

China’s currency gets key backing from IMF

The head of the International Monetary Fund says she supports adding China to an exclusive club of the world’s top currencies. Christine Lagarde said Friday that she supports findings by staff

Corporate bits | First ‘Taiwan Music Series’ kicks off at Studio Cty event center

Long-time musical personality Show Lo said: “It is truly thrilling to perform at this amazing world-class venue and to kick off this exclusive ‘Taiwan Music Series’ produced by legendary Taiwan

Real Estate Matters | Who’s looking after your staff ? Renting a property can be a traumatic experience at the best of times

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

Corporate Bits | Turntable virtuoso hardwell to play at the venetian

Robbert van de Corput, better known as Hardwell, is a DJ producer and record label owner and has twice been crowned the best DJ in the world. The tour is

All aboard Tokyo’s famous yellow bus as China tourists surge

London isn’t the only city with an iconic bus. In Tokyo it’s yellow, named after a pigeon, and should be a welcome sight to stock investors. That’s because Hato Bus Co.’s

China’s malls adapt to survive online shopping onslaught

Yesterday’s Singles’ Day saw China’s e-commerce industry set another stunning sales record - sending shivers through China’s thousands of malls and department stores. In Zhuangsheng Sogo, a high- end department store in

Corporate Bits | AACM hosts asia pacific flight procedures program meeting

The ICAO Asia-Pacific Flight Procedure Program was developed in 2010 with the objective of gathering states and administrations to discuss how mutual assistance can be offered on performing quality control

Red Starbucks cups cause social media outcry

It’s as red as Santa’s suit, a poinsettia or your neighbor’s ugly Christmas sweater. Yet Starbucks’ stark new holiday coffee cup has set off complaints that the chain is making

Alibaba smashes Singles’ Day sales record in half the time

  It only took Jack Ma half the time yesterday to sell the same amount of stuff as he did a year ago with his online channels. Transactions through Alibaba Group Holding

Chinese billionaire buys Modigliani for record USD170.4m

Chinese billionaire Liu Yiqian bought Amedeo Modigliani’s painting of a reclining nude woman for USD170.4 million, the second-highest price for an artwork at auction, in a volatile sale at Christie’s

Budget line VietJet buys 30 Airbus planes for USD3.6b

Low-cost airline VietJet Aviation Joint Stock Co. agreed to buy 30 Airbus Group SE A321 planes at the Dubai Airshow, a deal worth USD3.6 billion at list prices. The purchase is

Corporate bits | MGM offers thanksgiving menus

The highlight of any Thanksgiving Day celebration is a feast with roasted whole turkey, pumpkin pie and other festive delicacies. MGM Macau has brought the comfort dishes of the West

Corporate Bits | Conrad Macao’s 2015 ‘pink inspired’ campaign raises over mop 200,000

Conrad Macao also acknowledged the support of ARTĒ Madrid who helped this year’s fund-raising campaign by donating a Glorioso necklace featuring 49 pear-shaped and 13 marquise-shaped white stones valued at

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