Suez profit drops after asset sale boosted previous results

Net income slumped to 141 million euros (USD156 million) from 255 million euros a year earlier, when the utility benefited from selling an asset in Macau. Stripped of that gain,

Corporate Bits | Mint set of commemorative stamps themed “Water & Life” to be officially issued

The stamps show pictures of the city from the olden days and today. In the past, queuing up for water was a part of everyday life; nowadays, a safe and

Corporate Bits | Sofitel Macau at Ponte 16 inaugurates love and heritage photo exhibition

Showcasing the cultural linkage between people and the UNESCO sites in Macau, the free exhibition, which is open to the public from July 24 to August 16, shows 10 shortlisted

Greece advances in loan talks, under fire for euro exit plan

  Greece pushed ahead with talks on a new rescue loan yesterday, but its government came under increasing pressure over claims it had a top-secret plan to prepare for a euro

Corporate Bits | Priscilla Chan to perform at the venetian

One of Hong Kong’s most recognizable voices, Priscilla Chan has been in the entertainment business for over 30 years. To celebrate that achievement, the concert will see Chan repackage the

Greece, creditors get down to business on bailout deal

Technical talks over Greece’s third bailout in five years are poised to start in the next day or so as negotiators representing the country’s creditors continued arriving in Athens yesterday. The

Greek bailout talks format still being negotiated 

Greece and rescue lenders are still working out the format of upcoming talks, the labor minister said yesterday, confirming a delay in the negotiations for a third international bailout. Giorgos Katrougalos

Forget shorts, jeans made with jade help Chinese beat the heat

The Lee jeans brand has a solution for anyone who dreads wearing denim in the summer. The company, a division of VF Corp., is weaving crushed jade stones into its jeans

Corporate Bits | The Promenade by benoy: macau’s newest shopping destination

A shopping destination and café society for the style community, The Promenade connects the first and second chapters of Galaxy Macau, featuring over 200 luxury and lifestyle brands including around

Ask the Vet | Basic Dog Injury Home Care

Eye Injuries Eye injuries may be caused by dirt, dust, fights or foreign objects. Dogs have a third eyelid, so keep this in mind when examining the eye. If the third

Real Estate Matters | The rental process for tenants part 2 – Securing your apartment

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 for

Greece clears final reform hurdle before new bailout talks

Greece’s radical left-led government saw off another revolt by rebels in the early hours of yesterday that should pave the way for the imminent start of bailout discussions with European

South Korea’s growth slowest in more than 2 years

South Korea’s quarterly growth slowed to the lowest in more than two years as a severe drought hit agriculture and an outbreak of Middle East respiratory syndrome sapped consumption. The

Corporate Bits | BNU credit card grand lucky draw

Ronald Kan, Executive Director of BNU, hosted the ceremony presented the prizes to the winners, along with other BNU representatives: Avril Lee, Head of the Retail Banking Division, Fatima Chan,

Tested by dissent, Greece to vote on more bailout conditions 

Greek lawmakers began another emergency debate yesterday on further economic reforms demanded by international creditors in return for a new bailout — a vote that could threaten the survival of the coalition

Huawei first-half smartphone sales leap 39pct

China’s largest maker of telecommunications equipment sold 48.2 million smartphones in the first six months of the year, according to an e-mailed statement yesterday. Shipments of mid-and high-end devices surged

Corporate Bits | Studio city “brick by brick” lego exhibition

Unlike the real complex, this reconstruction, complete with Art-Deco exterior and figure-8 Ferris wheel, has taken just two months to plan and develop – faithfully reproduced in Lego. Andy Hung, the

CEO of Japan’s Toshiba resigns over doctored books

Toshiba’s CEO and eight other executives resigned yesterday to take responsibility for doctored books that inflated profits at the Japanese technology manufacturer by 152 billion yen (USD1.2 billion) over several

Corporate Bits | Mastercard launches Masterpass in Hong Kong and Brazil

Seeing the enthusiasm Hong Kong consumers have towards the emerging digital lifestyle and enhancing their online shopping experience, MasterCard is partnering with Bank of East Asia, China Construction Bank, Dah

Greek banks reopen but cash limits remain; taxes soar

Greek banks opened their doors yesterday for the first time in over three weeks, a move that the government hopes will help the economy get back to normal following a

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