Former US Fed Chair Bernanke shares Nobel for research on banks

Former U.S. Federal Reserve Chair Ben Bernanke, who put his academic expertise on the Great Depression to work reviving the American economy after the 2007-2008 financial

Bank of England to buy UK bonds to avert financial risk

The Bank of England said yesterday that it will launch a temporary government bond-buying program to stave off “material risk to U.K. financial stability” after

Meta disables Russian propaganda network targeting Europe

A sprawling disinformation network originating in Russia sought to use hundreds of fake social media accounts and dozens of sham news websites to spread Kremlin talking

Sands China donates MOP1m to local tertiary institutions

Sands China Ltd. recently presented ceremonial cheques totalling MOP 1.08 million to representatives of seven higher education institutions at a ceremony at The Venetian Macao, as part of the

Apple Inc will manufacture iPhone 14 in India

Apple Inc. will make its iPhone 14 in India, the company said yesterday, as manufacturers shift production from China amid geopolitical tensions and pandemic restrictions

Prada, Max Mara back to pre-pandemic splendor in Milan

Pre-pandemic fashion delirium is back. After several calm COVID-induced seasons, Milan Fashion Week is back to its pre-pandemic splendor: with crowded seating, gridlocked streets and

High inflation in sight, US Federal Reserve to signal more rate hikes ahead

Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation

Britain’s Truss doesn’t expect UK-US trade deal anytime soon

Prime Minister Liz Truss has kicked off her first visit to the United States as Britain’s leader with an admission that a U.K-U.S. free trade deal

Melco named Corporate Social Responsibility of the Year by Global Gaming Awards

Melco Resorts & Entertainment has been honored by Global Gaming Awards Asia 2022 as Corporate Social Responsibility of the Year.  The Asian edition of Global Gaming

Wynn donates MOP80 million to UM

Wynn Resorts (Macau) S.A. has announced a donation of MOP80 million to the University of Macau Development Foundation (UMDF). The contribution will support the development of the University of

NJ casino, online, sports betting revenue up 10% in August

New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from

EU court largely upholds USD4b Google Android antitrust fine

A top court largely rejected Google’s appeal of a record European Union antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of

Idaho computer chip plant makes US more resilient: official

Chipmaker Micron’s planned $15 billion investment in a new factory in the company’s hometown of Boise will help protect the United States from the vulnerabilities of

The Manor presents Provence’s rosé wines with Valentino Beauty

The Manor at The St. Regis Macao is, celebrating the rising star of the beverage scene, Rosé wines from Provence, France, together with Moët Hennessy Diageo (MHD) and

China’s export growth sinks in August, imports shrink

China's trade weakened in August as high energy prices, inflation and anti-virus measures weighed on global and Chinese consumer demand, while imports of Russian oil and

US airlines count on business travelers to keep recovery going

With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into the fall. Air

Swiss retailer rolls out ‘coffee balls’ to replace capsules

Swiss retailer Migros said yesterday that it is launching a coffeemaking system designed to replace capsules that produce thousands of tons of waste worldwide each year. The

OPEC+ cuts oil supplies to the world as prices fall

OPEC and allied oil-producing countries, including Russia, cut their supplies to the global economy by 100,000 barrels per day, underlining their unhappiness with crude prices

China demands US drop tech export curbs after Nvidia warning

The Chinese government yesterday called on Washington to repeal its technology export curbs after chip designer Nvidia Corp. said a new product might be delayed and some work

2023 Nissan Leaf vs. 2023 Chevy Bolt EV

Shopper interest in electric vehicles, or EVs, is rising. According to data from the Pew Research Center in 2021, 40% of non-EV owners are very or

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