Europe’s central bank ready to ‘stamp out’ surging inflation

The head of the European Central Bank said yesterday that it will move gradually to combat soaring consumer prices with interest rate hikes in July and

US markets pointing toward positive start to the week

U.S. markets are pointing higher before the opening bell yesterday as leaders of the Group of Seven economic powers pledged financial, humanitarian and other support for

South Korea hits dozens with travel bans amid crypto probe

South Korean prosecutors have barred dozens of people connected to Terraform Labs from leaving the country as they expand an investigation into a $40 billion collapse

UK inflation rate hits new 40-year high of 9.1%

Britain's inflation rate hit a new 40-year high of 9.1% in the 12 months to May, figures showed yesterday, as Russia’s war in Ukraine drove food and fuel

Luxury market seen as growing in 2022 despite inflation, war

Neither inflation nor the war in Ukraine are threatening to take a bite out of the luxury fashion market, according to a study published Tuesday.

Elon Musk’s USD44 billion Twitter deal gets board endorsement

Twitter's board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a

JetBlue raises offer again in bidding for Spirit Airlines

JetBlue Airways Monday increased its offer to buy Spirit Airlines, raising the stakes again in a battle over the nation’s biggest budget airline. New York-based

‘Lightyear’ stays earthbound, ‘Jurassic World’ holds No. 1

  Not only did it open lower than expected, but it also failed to conquer “Jurassic World: Dominion,” which held on to the first-place spot with $58.7

Russia’s economic forum to be far smaller but moves forward

With Russia under wide sanctions after sending troops into Ukraine, most foreign bank cards don’t work in the country. The advice for those at the

No bartender required: Premixed Jack and Coke going on sale

Coca-Cola Co. said this week it’s partnering with Brown-Forman Corp., the maker of Jack Daniel’s Tennessee Whiskey, to sell premixed cocktails. The canned Jack and Coke

Sands China bolsters disaster and pandemic prevention efforts  

Supported by the Social Affairs Bureau, Sands China Ltd. is further bolstering its disaster and pandemic prevention programme in collaboration with Macau Red Cross. The programme addresses the community’s needs amid

MGM attains nine awards in vocational skills competition 

MGM Golden Lion Team has attained nine distinguished honors, which are the highest in their categories, in the 4th Macao Integrated Tourism and Leisure Enterprises Vocational Skills Competition. A total of

World shares steady after Wall Street sinks into bear market

Shares opened mostly higher in Europe yesterday and Asian shares recovered from the worst of their losses following Wall Street’s tumble into what’s called a bear

India, China growing markets for shunned Russian oil

India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow despite strong pressure from the U.S. not to increase

Amazon says it prevented 4 billion bad listings in 2021

Amazon, which has been under increasing pressure to tackle counterfeit products, said in its second-annual report that it prevented 4 billion bad listings from making

CESL Asia’s Monte do Pasto acquires new farm in Alentejo

Monte do Pasto Group, owned by CESL Asia, recently completed the acquisition of Herdade das Gregas de Cima, a 455-hectare property in Alentejo. The group now has a

Wynn signs agreements with DSEDJ for two collaborative initiatives

Wynn Macau has signed two memoranda of understanding with the Education and Youth Development Bureau (DSEDJ) to launch the “School-Corporation Partnership” and “Parenting Education” program, the gaming operator

Amid crypto turmoil, senators propose sweeping oversight

Wide-ranging bipartisan legislation unveiled yesterday in Washington would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures. It’s unclear, though,

TIS Class of 2022 going places

Last weekend, 68 students of The International School (TIS) donned their caps and gowns to receive their Alberta High School Diplomas in front of family, friends, teachers and

New family-friendly entertainment venue opens at Studio City

A playground “like no other in Macau” will open this summer at Melco’s Studio City, the gaming operator said in a press release yesterday.  The newest family-friendly

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