Tesco chief Philip Clarke to step down

Tesco says chief executive officer Philip Clarke will be stepping down after the latest earnings figures showed Britain’s largest retailer by revenue struggled at home. Tesco announced yesterday that Dave Lewis,

Corporate Bits | CESL Asia sponsored 2014 bocce game event

The bocce game welcomed mentally-challenged people from local special schools, sheltered workshops, caring centers and residential cares as well as their parents. Participants enjoyed the game in groups based on

ANGOLA | Central bank has eye on problems at BESA

“A problem has been identified in the credit portfolio of Banco Espírito Santo and includes irregularities and defaulted loans,” said José de Lima Massano in the Angolan parliament. The governor

MOZAMBIQUE | Chinese company invests USD260 million in SEZ

Chinese company Dingsheng International Investments has already invested USD260 million of a total US$500 million to build infrastructure in the Manga-Mungassa Special Economic Zone, in Mozambique’s Sofala province, Mozambique’s Minister

China’s online population rises to 632m

Compared to the 53.58 million new Internet users added last year, the increase in the first half of this year was relatively small. According to Liu Bing, the center’s deputy

Five officials investigated for corruption

Prosecutors have opened an investigation into five officials for suspected of bribery and embezzlement, said the Supreme People’s Procuratorate (SPP) yesterday. Two were senior executives of state-owned enterprises and the others

CRIME | Man slashes 3 children in Zhongshan

A man with a kitchen knife killed a 1-year-old boy and injured two other children yesterday in the southern Chinese city of Zhongshan near Hong Kong, police said. The 23-year-old man

FOOD SAFETY | McDonald’s, Yum suspend orders from mainland meat supplier

McDonald’s Corp. and Yum! Brands Inc. halted buying meat products from a Shanghai supplier while authorities investigate allegations that the company sold chicken and beef past its expiration date. McDonald’s asked

SEVERE WEATHER | Typhoon kills 11 in Vietnam; China deaths up to 26

A typhoon that barreled into northern Vietnam killed at least 11 people and left several missing, state media said Monday, while in China the death toll from the strongest storm

PHILIPPINES | Aquino hit with impeachment complaint

Twenty-eight people, including prominent activists and a retired Catholic bishop, filed an impeachment complaint yesterday against Philippine President Benigno Aquino III for his implementation of a major economic stimulus program

Indonesia election result on schedule as Prabowo seeks delay

Indonesia’s election commission is on course to release the results of the July 9 presidential election today, even as the team of ex-general Prabowo Subianto called for a delay. Prabowo’s team

TOURISM | Shark sightings off Cape Cod a boon for tourism

Shark T-shirts are everywhere, “Jaws” has been playing in local movie theaters and boats are taking more tourists out to see the huge seal population that keeps the sharks coming.

As Ramadan fast ends, the feasts begin

For the millions of Muslims abstaining from food and drink from sunrise to sunset every day during Islam’s holiest month of Ramadan, that first sip of water after a grueling

Tuesday, July 22, 2014 – edition no. 2112

* Photo exhibition shows Macau football past glories * Airport revenue jumps by 18 pct * 5,000 people die each year of heart disease * Palestinian death toll in Gaza reaches 508   DOWNLOAD

UN to vote on crash resolution; Russia has doubts

The U.N. Security Council will vote Monday on an Australia-proposed resolution demanding international access to the Ukraine plane crash site and a cease-fire around the area, with diplomats pressuring

Palestinian death toll in Gaza reaches 508

The U.N. chief and the U.S. secretary of state headed to Cairo yesterday to try to end two weeks of Israel-Hamas fighting that has killed at least 508 Palestinians and

Flight 17 tragic end for family of 6 coming home

Mohammad Afif and his family were about to start a new chapter in their lives. Afif was getting set to begin his university studies in architecture, and his father was

This Day in History: 2003 Saddam’s sons killed in gun battle

The bodies of the two men were identified after 200 American soldiers, backed by helicopters, stormed a house in the northern city of Mosul following a tip-off from an Iraqi

Offbeat | SAY WHAT!? Removal by noise reaps barbs in Belgium

A plan by a Belgian mayor to remove a group of Gypsies by playing loud music backfired when the camping cars stayed put and the children danced to the music. The

Chief of Pyeongchang’s organizing committee quits

The head of Pyeongchang’s organizing committee for the 2018 Winter Olympics resigned yesterday, saying new leadership is needed to complete preparations for the games. A former provincial governor, Kim Jin-sun was

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