Aviation | Dubai’s busy airport sees passenger traffic drop 40% in 2021

Dubai International Airport, the world’s busiest airport for international travel, handled some 40% less passenger traffic in the first half of 2021, compared to the same period last year, its

China’s foreign trade growth rate hits 10-year high

The volume of China’s foreign trade, exports and imports all hit record highs in the first seven months of 2021, while their year-on-year growth rates set 10-year highs compared with

Gaming | Betting website DraftKings buys Golden Nugget Online

Sports betting website DraftKings Inc. is buying the online gambling subsidiary of Golden Nugget Inc. in a stock deal valued at $1.56 billion, the two companies said yesterday . The acquisition

Technology | SoftBank profit declines following Sprint perk a year ago

Japanese technology company SoftBank’s fiscal first quarter earnings dropped 39% because of the absence of the cash benefit from the merger of Sprint, which boosted its profits a year ago. Tokyo-based

Sands China organizes entrepreneurial seminar

Sands China Ltd. recently hosted a seminar for team members and local youth at The Parisian Macao about a success story of a local brand, as part of the company’s ongoing professionalism education

MGM Cotai recognized in TTG China Travel Awards

MGM Cotai was named the “Best Meeting & Conventions Hotel in Macau” award for two consecutive years at the 14th TTG China Travel Awards, the gaming operator announced in a statement. Hubert

Sands China hosts Guangdong medical team during mass testing

Sands China provided service arrangements for the medical team from Guangdong province at one of its integrated resorts during their stay in the city. Guangdong province recently organised a group of

Aviation | Russia resumes flights to Egyptian resorts after six years

Russia resumed flights to Egyptian Red Sea resorts yesterday, ending a ban that had lasted almost six years following the bombing of a Russian airliner that killed all 224 people

Honda reverts to profit on recovery from pandemic damage

Honda returned to profitability in April-June, recording a 222.5 billion yen ($2 billion) profit, as better sales and costs cuts added to the Japanese automaker’s bottom line. Honda Motor Co. had

Toyota reports record profit, keeps forecasts

Toyota reported yesterday a record 897.8 billion yen ($8.2 billion) profit for the fiscal first quarter, underlining the Japanese automaker’s resilience even amid the coronavirus pandemic. Toyota Motor Corp.’s April-June profit

China’s Tencent limits gaming for minors after media outcry

China’s biggest gaming company Tencent Holdings said yesterday it would limit gaming time for minors and ban children under 12 from making in-game purchases after a state media article called

Automotive industry | BMW reaps $5.7b in profit, warns on parts shortages

BMW reported 4.8 billion euros ($5.7 billion) in net profit in the second quarter, rounding out a strong earnings season for Germany’s three big automakers as global auto markets continue

SJM awards scholarships to children of staff

SJM Resorts, S.A. (SJM) has recently awarded scholarships to 34 children of staff members at the 17th SJM Scholarship Award Ceremony, the gambling concessionaire announced. The ceremony saw new scholarships awarded

MGM to bring back Macanese dishes to Rossio

MGM announced in a statement that they are the first Integrated Resort in town to support the Macao Government Tourism Office in promoting the city’s Macanese cuisine at the Shanghai

Entertainment | ‘Jungle Cruise’ sails atop box office despite Covid concerns

Despite growing concerns over the delta variant, “Jungle Cruise” still drew moviegoers out to theaters during the film’s opening weekend to sail atop the North American box office. The Disney film

Square to buy installment payment firm Afterpay in $29b deal

Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later’’ option for merchants, in an all-stock deal valued at about $29

Sheraton launches ‘Stay and Dine’ promo for summer season

Sheraton Grand Macao invites guests to celebrate the summer season in style with the ‘Stay and Dine’ hotel package available for stays from now until September 30, 2021. The ‘Stay and Dine’ hotel package includes

Melco holds patriotic music session

To celebrate the 100th anniversary of the founding of the Communist Party of China, Melco Resorts & Entertainment recently hosted a patriotic music session as part of its “Splendors of China Passport”

IMF sees widening gaps in global recovery, highlights downside risks amid vaccine inequality

The International Monetary Fund (IMF) on Tuesday maintained its global economic growth forecast at 6 percent for 2021, calling attention to widening gaps in global recovery and warning of downside

Bitcoin jumps on speculation that Amazon considering crypto

Bitcoin’s price surged again yesterday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped

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