KFC sues Chinese companies for online rumors about its food

Restaurant operator KFC said yesterday it filed a lawsuit against three companies in China whose social media accounts spread false claims about its food, including that its chickens have eight legs. The case

Silk Road founder gets life for creating online drug site

A San Francisco man who created the underground drug-selling website Silk Road was sentenced Friday to life in prison by a judge who cited six deaths from drugs bought on

Corporate Bits | Paradise Entertainment deploys additional terminals at Galaxy

“We are proud to have our LMG terminals be a part of the gaming product offerings at Galaxy Macau Phase 2 on its launch day. Our LMG solution not only

Corporate Bits | St. John launches new store in Galaxy Macau phase 2

Located in the shopping complex in the shopping and entertainment district, the new 839-square-foot St. John store showcases the Pre-Fall 2015 collection featuring fit and flare knits. Accessories are also

Hong Kong regulator says Hanergy under probe

Hong Kong’s markets regulator confirmed it’s investigating Hanergy Thin Film Power Group Ltd., brushing aside a denial from the chairman of the solar company that a probe was underway. “A formal

Etihad Airways profit jumps by over half to USD73 million

The government-backed airline said its earnings rose 52 percent over the $48 million it said its stand-alone airline business earned the previous year, marking its fourth year of profitability. “Our shareholder

Real Estate Matters | The most important questions to ask when you sell: part 3

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

PROJECT POKER | Mixed martial arts strategy: Not just for the octagon!

Saturday nights are often simply called “fight night” in our household. Aside from enjoying the mixed martial arts, it is a good excuse to get together with friends, fire up

The Buzz | Jaguar Land Rover profit falls most in 2 years

Jaguar Land Rover became the latest casualty of a slowdown in Chinese auto demand, reporting its steepest drop in quarterly profit in two years after retail deliveries slumped in the

World Series of Poker starts this week with new events

If the World Series of Poker is lucky, the popularity of the Las Vegas championship’s newest event could cause a poker chip shortage. The annual set of 68 tournaments at the

Samsung’s Lee tightens grip on conglomerate in USD9.3b deal

Cheil Industries Inc., the de facto holding company of Samsung Group and which counts Lee as the largest shareholder, agreed to acquire Samsung C&T Corp., according to a filing Tuesday.

Corporate Bits | Sands China team members get active for World Challenge day 2015

Sanctioned by the Association For International Sport for All (TAFISA) and the Asian Sport for All Association (ASFAA), World Challenge Day is an annual event in Macau. Its aim is

Milk-peddling brothers turn airline millionaires with China IPO

Two decades ago, the Wang brothers sold flavored milk and yogurt to children in China. Last week, they sold shares in their airline in an IPO to become millionaires. Their journey

Corporate Bits | Melco dragon boat team holds blessing ceremony

The Ceremony was officiated by Mr. Lawrence Ho, Co-Chairman and Chief Executive Officer of Melco Crown Entertainment; Mr. Ted Chan, Chief Operating Officer; Ms. Akiko Takahashi, Executive Vice President, Chief

Greece rules out capital controls if bailout talks fail

Greece’s government yesterday ruled out restricting access to bank accounts and the free movement of money if there is no breakthrough soon in tortuous talks with bailout creditors and its dwindling

Artsy coffee chain Blue Bottle brews long queues in Tokyo

  Japan, famous for green tea, is welcoming artisanal American coffee roaster Blue Bottle with long lines that have at times meant a four-hour wait for a cup. The company, which began

Corporate Bits | Sands China offering staff new career development opportunity

Nearly 400 participants had already signed up within five days of the program’s announcement, according to a press release. The program is one of the latest initiatives of the Sands China

South Korean court frees Korean Air ‘nut rage’ executive

A South Korean court on Friday suspended the prison term of a former Korean Air executive whose onboard “nut rage” tantrum delayed a flight last year, immediately ending her incarceration. The

Expedia sells stake in Chinese travel service

The news sent shares of the online travel company up more than 5 percent in midday trading Friday. Before the market opened, Bellevue, Washington-based Expedia said that it had sold its 62.4 percent

Corporate Bits | L’Arc Macau volunteers visit evangelize China Fellowship Children’s Home

After a briefing on the home’s facilities and children’s daily life by the staff, the volunteer team got involved in a series of interactive games with the kids until the

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