Business

Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters’ appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth. Figures from Macau’s Gaming Inspection and Coordination bureau on Monday showed revenues rose 19
0 Comments
BERLIN (Reuters) – The German government will probably lose a 150 million-euro government-backed loan to insolvent Air Berlin because the European Union opposed Lufthansa’s purchase of Air Berlin’s Austrian unit, Niki, a senior member of Chancellor Angela Merkel’s conservatives said on Sunday. British Airways owner IAG (ICAG.L) said on Friday that it would buy Niki
0 Comments
FRANKFURT (Reuters) – The chief executive of German energy producer Uniper (UN01.DE) has criticized Finnish suitor Fortum (FORTUM.HE) for a lack of clarity about its intentions in a planned 8 billion euro ($9.6 billion) takeover of the company. Fortum has agreed to buy 47 percent of Uniper from Uniper’s parent E.ON (EONGn.DE) and offered the
0 Comments
SHANGHAI (Reuters) – Shanghai has issued a warning on the safety of metal products manufactured by scandal-hit Japanese firm Kobe Steel Ltd (5406.T) and strengthened scrutiny measures, state-owned Xinhua News Agency reported, citing the city’s inspection body. Japan’s No.3 steelmaker, which supplies the makers of cars, planes and trains across the world, said in October
0 Comments