Edward Tracy and Steve Wynn among best performing CEOs

Chief Executive Officers Edward Tracy, from Sands China Ltd., and Steve Wynn of Wynn Resorts Ltd. are among the top 100 best-performing CEOs in the world – according to a

Sands China stocks rise, company praises diversification strategy

Hong Kong stocks rose yesterday, as property companies and casino operators lead the advance. Declines in Macau’s gaming revenue for the past four months didn’t stop Sands China Ltd. from

Heritage Committee concerned with LRT impact on Praia Grande

In the latest plenary meeting of the Cultural Heritage Committee (CPC), members have voiced their concerns regarding the Light Rapid Transit (LRT)’s impact on the view of the area in

Tourists pay more for goods and services

The Tourist Price Index (TPI) for the third quarter of 2014 increased by 4.89 percent year-on-year to 135.14. The Statistics and Census Service (DSEC) attributes the increase to higher charges

China’s Alipay offers mobile wallet for US sites 

Alipay, the payments unit recently spun off from Chinese e-commerce powerhouse Alibaba, is launching a service for U.S. retailers called ePass. Alipay has already been working in beta mode with retailers

Facebook, Apple to offer egg freezing benefits

Silicon Valley’s biggest companies have long offered cushy perks to attract top talent and keep workers happy logging scores of hours on the job. But beyond day-to-day luxuries, Facebook and

Corporate Bits | The Venetian Macao wins TTG Travel “Best Meetings & Conventions Hotel” Award

“Receiving this distinctive award is an honor for us; it demonstrates the success of our efforts to deliver the best experience to our clients, while we strengthen MacaU’s position as

Portugal | Corporate taxes reduced to attract foreign investment

Portugal’s proposed State Budget for 2015 includes a reduction of two percentage points on corporate tax – to 21 percent – in an effort to attract foreign investment, according to

Mozambique | Norway provides funding for the electricity sector

Norway plans to grant USD90 million to support construction of a power transmission line from Tete to Maputo in Mozambique. The Norwegian ambassador to Mozambique, Mette Masst told Mozambican daily

Hong Kong | Who leaked about Leung? Faceoff runs from chainsaws to whispers

The battle for Hong Kong’s future is being fought with bamboo barricades and bags of dirty tricks. Like in the pages of an airport thriller, potentially embarrassing tip offs are being

Hong Kong | Police battle protesters to regain control of key road

Hong Kong police said they would investigate a complaint alleging officers beat a pro-democracy protester during clashes early yesterday morning over control of a key road. Ken Tsang, a member of

Koreas | Talks deadlocked as generals leave without agreement

The first military talks between North and South Korea in more than three years ended with no agreement yesterday, with the rivals failing to narrow their differences on how to ease animosities

Nepal | Avalanche, blizzard kill 12 in mountains

An avalanche and blizzard in Nepal’s mountainous north have killed 12 people, including foreign trekkers, officials said yesterday as weather conditions improved. An avalanche yesterday buried four Canadians and one Indian

Ebola | 2nd US health care worker tests positive

A second health care worker at a Dallas hospital who provided care for the first Ebola patient diagnosed in the U.S. has tested positive for the disease, authorities said yesterday. The

South Africa | Steenkamps vow to return cash Pistorius paid after killing Reeva

The prosecutor in Oscar Pistorius’s trial for killing his girlfriend Reeva Steenkamp said her parents rejected his offer to pay them 375,000 rand (USD34,000) he got for selling a car

Mozambique Peace agreement at stake as country elects new leader

Mozambicans formed long lines outside polling stations to vote in elections that will test the durability of a peace deal signed last month to end almost two years of sporadic

Scotland | Salmond’s deputy sturgeon set to take over leadership

Scottish Deputy First Minister Nicola Sturgeon will take over leadership of the government in Edinburgh from Alex Salmond following his resignation after voters rejected their campaign for independence. The Scottish National

This Day in History | 1978 – Polish bishop is new Pope

Few people had suggested him as a possible successor to John Paul I, who died last month after just 33 days in office. He is barely known outside his native

Offbeat | Higher views for tourists to Dubai’s tallest tower

Visitors to the world’s tallest building in Dubai can now get an even more elevated view of the Middle Eastern city. The owner of the 828 meter Burj Khalifa skyscraper says

Macau GP | Theodore expands its team to three cars

The trio of SJM Theodore by Prema entries for the 2014 event, which utilize Mercedes-Benz powered Dallara Formula 3 cars, will be driven by Frenchman Esteban Ocon, Antonio Fuoco of

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