Leading China taxi apps to merge

Leading China taxi apps Didi Dache and Kuaidi Dache announced a plan to merge, creating a new challenge for Uber Technologies Ltd.’s global expansion. Didi Dache, backed by Internet giant Tencent Holdings

Travel | Expedia buying rival Orbitz for about USD1.33 billion

  Expedia is buying rival online travel site Orbitz for approximately USD1.33 billion, adding to the stable of brands it has snapped up recently in order to extend its reach and

Automobile GM to build 200-mile electric car at Michigan plant

An electric car with a 200-mile range and a price tag of USD37,500 will be built at a General Motors factory north of Detroit, the company announced yesterday. The small hatchback

Corporate Bits | CAM representatives visit Zhuhai airport

As soon as Mr. Wan Jing Ping assumed the post of the chairman of the board of Zhuhai Airport Group Corp., he led a team to visit Macau International Airport

Real Estate Matters | The Cost Of Selling Clarifying Costs For Owners Selling A Property

In many ways, selling a property is a lot easier than buying one. After all, the assumed risk is on the part of the person acquiring the property and the

PROJECT POKER | Visiting the next home of poker

After the traditional EPT London, I was lucky enough to be able to go to Macau again in 2014, for the Asia Championship of Poker (ACOP). The ACOP is the

Finance | Puerto Rico governor seeks new value-added tax

Puerto Rico’s governor was introducing legislation yesterday calling for a new 16 percent value-­added tax as part of a tax overhaul intended to boost government revenue in the U.S. territory

Gaming | Las Vegas hotel implosion doesn’t topple elevator shaft

Most of the 12-story Clarion casino-hotel crumbled in a pre-dawn demolition designed to clear the site off the Strip and near the Las Vegas Convention Center for new construction. But despite

Corporate Bits | CEM holds “Macau Energy Saving Contest 2014” award ceremony

The champion of the Residential Group, Mr. Wong Oi Ming, reduced electricity consumption by as much as 65%. The champions of the Hotel Groups A, B and C were Victoria

China fines Qualcomm record USD975M in anti-monopoly case

China fined chipmaker Qualcomm 6 billion yuan (USD975 million) in the biggest of a wave of anti-monopoly penalties that have rattled foreign companies. Qualcomm Inc. abused its dominance in wireless technology to

Corporate Bits | Ponte16 Macau 3D Museum Grand Opening in mid 2015

Located at Ponte 16 Resort in Macau, the approximately 18,000 square feet museum has over 150 photography points in six theme zones, offering visitors a chance to pose for interesting

HSBC list shows names from Bowie to drug lords used secrecy

The private-banking unit of HSBC Holdings Plc made significant profits for years handling secret accounts for an array of criminals, from drug cartels and arms dealers to tax evaders and

Corporate Bits | Sands China continues supporting SCMM Welfare Shop

The project, launched by the Fraternity in early 2013, has succeeded in helping out thousands of needy families with food and essentials to counter inflation and higher cost of living.

Pascal’s exit from Sony concludes the ‘Interview’ saga 

Over a January weekend in 2010, Amy Pascal made one of the most audacious decisions of her long tenure as Sony Pictures Entertainment co-chair, a nine-year run that has come

Corporate Bits | 4 teams qualify for Red Bull winning 5 Hong Kong and Macau final

Red Bull Winning 5, a 5-on-5 football tournament with only five members on each team and no goalkeeper, has come to Macau/Hong Kong for the first time. Teams lose a

Ask the Vet | 10 Common older Cat Problems

1. Arthritis Arthritis is more frequent in elderly cats, and is the inflammation of joints. The cat will be in a lot of pain, will have difficulty jumping and even walking

Real Estate Matters | What To Expect As A Landlord Clarifying Costs For Owners / Landlords

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

Caesars names ex-Hertz chief Frissora to succeed Loveman

Caesars Entertainment Corp. named former Hertz Global Holdings Inc. Chief Executive Officer Mark Frissora as its new CEO to succeed Gary Loveman, three weeks after the casino company put its

Greece sticks to anti-austerity demands after ECB severs funding lifeline

Greece held fast to demands to roll back austerity as the European Central Bank turned up the heat before Finance Minister Yanis Varoufakis was to meet one of his main

Corporate bits: The grand at ho tram strip appoints world gaming group as poker operations partner

Ho Tram Project Company Limited and World Gaming Group Limited yesterday announced the signing of an agreement for World Gaming Group (WGG) to create, develop and maintain poker operations at

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