Cathay still mired in Covid trouble with traffic down 99%

  Cathay Pacific Airways Ltd. carried just 37,815 passengers in November, down 98.6% from a year earlier, and warned that its second-half losses will be significantly worse than the HKD9.9 billion

China’s regulators review Huya’s USD6b deal to buy DouYu

China’s regulators said they are reviewing Huya Inc.’s proposal to acquire game-streaming rival DouYu International Holdings Ltd., part of a crackdown on anti-competitive behavior in the country’s technology industry that

Twitter slapped with fine for breaking EU’s data privacy law

  Twitter Inc. was fined 450,000 euros ($547,000) by its chief European Union data protection watchdog for failing to give a timely warning about a breach that threatened the privacy of

Tech giants could face fines as high as 10% annual revenue

Tech giants deemed to be gatekeepers could face fines as high as 10% of annual revenue if they don’t comply with new European Union rules on data usage to be

UK businesses plead for time to avoid Brexit cliff edge

British business groups pleaded with the government to extend the time they have to prepare for the nation’s departure from the European Union after leaders from both sides agreed to

Wynn accumulated over 50 million steps in ‘Walk for a Million’ virtual walk

Wynn brought together about 5,400 team members and their family and friends to participate in the ‘Walk for a Million’ virtual walk, accumulating a combined total of 50,026,770 steps. Following Wynn’s

Sands China, MUST host celebrity chef Lan Minglu

Sands China Ltd. recently hosted two talent development activities featuring celebrity chef Lan Minglu at The Venetian Macao and at the Macau University of Science and Technology (MUST) geared at helping elevate the continual learning of

China’s love affair with Australian wine ends in a messy breakup

China’s assault on Australia’s wine industry is becoming quite the buzzkill. The latest round of tariffs - which could push import duties to over 215% in total - have left Australia’s winemakers reeling.

China set to bail out Iraq with multibillion-dollar oil deal

Iraq is poised to sign a multibillion-dollar contract with China ZhenHua Oil Co., a bailout from Beijing for the cash-strapped government which will receive money

Ant, Grab become first tech firms to run banks in Singapore

Ant Group Co. and a venture led by Grab Holdings Inc. won licenses to run digital banks in Singapore, paving the way for the technology giants to expand their financial

TikTok sale deadline on hold as talks with US continue

A deadline set by the Trump administration for the forced sale of TikTok’s U.S. assets will come and go Friday without a final deal, according to people familiar with the

Australia bounces out of recession as economy grows 3.3%

Australia’s economy grew by 3.3% in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to figures released yesterday. Treasurer Josh

Gaming | Texas billionaire Fertitta mulls IPO of casino, dining empire

Texas billionaire Tilman Fertitta is weighing taking a substantial part of his casino and restaurant empire public, according to people with knowledge of the matter. The discussions, prompted by the recent

IKEA celebrates X’mas with festive cuisines

Swedish furnishing brand IKEA has prepared festive food items for the Macau population to consume in celebration of the approach of Christmas. The delicacies will not have to be enjoyed inside

Sands China donates MOP600,000 to Tung Sin Tong

Sands China Ltd. recently donated a sum of MOP600,000 to local charity Tung Sin Tong Charitable Society in support of the non-governmental organization’s December-February fundraising campaign. Dr. Wilfred Wong, President of

Hottest debate on Wall Street is buying Bitcoin over gold

Bitcoin has shot to a record just as billions of institutional dollars have fled gold. Whether that’s a simple coincidence or the start of a rotation that would have a profound impact on

JPMorgan doubling Singapore private bankers for rich Chinese

JPMorgan Chase & Co. plans to double the number of private bankers serving Chinese clients from Singapore over the next two years, signaling its ambition to tap growth from Asia’s

HSBC contemplates complete exit from US retail banking

HSBC Holdings Plc is considering offloading its struggling retail network in the U.S., a market the British bank has called one of its biggest strategic challenges. The bank’s management is looking

MGM partners with MSO to organize lion dance performance program

With the aim of introducing lion dance and the inheritance of Lingnan culture to the younger generation, MGM partnered with Macau Special Olympics (MSO) to organize a series of school performances for the MSO

Sands launches festive promotions

Sands Resorts Macao and Sands Macao have kicked off the festive season with promotions on accommodation, retail, dining and spa treatments. Celebratory offers can be enjoyed from now until March

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