Corporate Bits | MGM partners with local firm to launch virtual classroom

MGM has partnered with the Yorkshire Online Academy to introduce a virtual classroom that offers a series of practical new courses, the gaming operator announced in a statement. During the business-matching

Aviation | Cathay loses HKD2 billion in February due to virus

Cathay Pacific Airways Ltd. said it made a “significant” unaudited loss of more than HKD2 billion ($257 million) in February alone because of widespread disruption from the coronavirus, which has

The Latest: Vegas casinos and resorts to close amid pandemic

The Latest on financial markets (all times local): 10:00 a.m. The owners of iconic Las Vegas casinos such as Bellagio and Wynn Las Vegas are shutting down as the coronavirus pandemic prompts

Corporate Bits | MGM partners with local firm to launch virtual classroom

MGM has partnered with the Yorkshire Online Academy to introduce a virtual classroom that offers a series of practical new courses, the gaming operator announced in a statement. During the business-matching

China auto sales plunge in amid virus shutdown

China’s auto sales plunged 81.7% in February from a year ago after much of the economy was shut down to fight a virus outbreak, an industry group

Corporate Bits | MGM continues charity donations as part of relief measures

Dedicated to supporting local charity work in the midst of the Covid-19 epidemic, MGM has donated 45 temperature guns, along with hand sanitizers and other anti-epidemic supplies, to Macau Tung

Corporate Bits | GEG co-launches scheme to encourage home exercise among children

To encourage local children, especially those with special education needs, to exercise and maintain a healthy lifestyle amid the Covid-19 epidemic, Galaxy Entertainment Group (GEG) has donated MOP100,000 to Sheng

HSBC appoints new China CEO

HSBC Holdings Plc, which operates the largest franchise among global banks in China, named Mark Yunfeng Wang as president and chief executive officer of its China business as the U.K.

Corporate Bits | Sands Cares Ambassadors distribute donation of anti-virus products

Sands Cares Ambassadors recently helped to deliver 4,800 bottles of hand sanitizer, 30,000 pairs of medical gloves and 2,000 shower caps donated by Sands China to local community organizations, as

Singapore tourism may be worse hit than expected by virus

SIngapore is bracing for a harder hit to tourism than initially expected from the coronavirus as the outbreak spreads to more than 100 countries, impacting global travel plans, Minister for

Corporate Bits | Wynn Macau only resort worldwide to win 8 Forbes Five-Star awards

For the fourth consecutive year, Wynn Macau has retained its position as the only resort in the world with eight Five-Star awards on the 2020 Forbes Travel Guide (FTG) Star

Corporate Bits | Sands Cares Ambassadors distribute donation of anti-virus products

Sands Cares Ambassadors recently helped to deliver 4,800 bottles of hand sanitizer, 30,000 pairs of medical gloves and 2,000 shower caps donated by Sands China to local community organizations, as

Jack Ma steps up battle with WeChat to win merchants

Alipay, the mobile payment app owned by billionaire Jack Ma, is stepping up its competition with WeChat to get more of its 900 million users to

Vietnam buying $3 billion in US farm goods to ease Trump tariff threats

Vietnam, looking to allay the Trump administration’s wrath over its soaring trade surplus with the U.S., is committing to buy $3 billion in farm products from Nebraska.

iPhone maker expects return to normal in China by end-March

Hon Hai Precision Industry Co., Apple Inc.’s most important manufacturing partner, expects its Chinese plants to begin operating normally by the end of March after resolving severe

World economy may shrink because of virus, watchdog says

A global agency says the spreading new virus could make the world economy shrink this quarter for the first time since the international financial crisis

Euro hopeful flags laundering concern in wide banking probe

Romania’s central bank has launched a probe over alleged money laundering after questionable transactions at half of the euro aspirant’s commercial lenders raised suspicions from outside the country. The central bank

Corporate Bits | Sands China donates MOP1.65 million to 33 elderly and rehab centers

Casino operator Sands China is donating MOP1.65 million to 33 elderly centers and rehabilitation centers identified by the Social Welfare Bureau to assist them in taking measures to combat the

Bob Iger hands Disney’s reins to parks chief in surprise succession

Bob Iger abruptly stepped aside as Walt Disney Co.’s chief executive officer, handing the reins to theme-parks head Bob Chapek after years of speculation over who would succeed the longtime

Hong Kong | Cash, tax cuts on the table in recession budget

As the Hong Kong government posts its first deficit in more than 15 years, all eyes will be on financial secretary Paul Chan’s budget release today and how he’ll tap

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