Macau approves 150 tables for new Sands casino resort
HONG KONG (Reuters) – Macau casino operator Sands China Ltd said on Monday the government has granted 150 gaming tables for its $3 billion casino resort, a figure analysts said will be sufficient to support its revenues in the world’s biggest casino h…
Hanjin Shipping filed for U.S. bankruptcy protection: WSJ
SEOUL (Reuters) – Troubled container shipper Hanjin Shipping Co Ltd has filed for bankruptcy in the United States to protect its vessels from being seized by creditors, the Wall Street Journal reported, citing a filing by the South Korean firm.
EU will not release more bailout money for Greece this month: paper
BERLIN (Reuters) – The euro zone will not release additional bailout money for Greece at a meeting in Bratislava this month, Germany’s Handelsblatt Global reported on Sunday, citing European Union diplomats.
Japan warns Brexit may drive banks, pharma investment to EU
TOKYO (Reuters) – Japan has warned Britain that its exit from the European Union could prompt Japanese financial institutions to relocate from London and listed a raft of concerns from Japanese companies about the transition away of the EU.
Bayer board to discuss Monsanto bid on September 14: Rheinische Post
FRANKFURT (Reuters) – Bayer’s supervisory board will discuss in a meeting on Sept. 14 whether to sweeten its offer for Monsanto again or even pursue a hostile takeover, German daily Rheinische Post reported, citing company sources.
Exclusive: Saudi state fund plans stake in big industrial zone – source
DUBAI (Reuters) – Saudi Arabia’s top sovereign wealth fund is negotiating to buy a stake in one of the kingdom’s most ambitious real estate projects as Riyadh restructures the economy to cope with low oil prices, a source familiar with the plan said.
China, U.S. commit to refrain from competitive currency devaluations
HANGZHOU, China (Reuters) – China and the United States on Sunday committed anew to refrain from competitive currency devaluations, and China said it would continue an orderly transition to a market-oriented exchange rate for the yuan <CNY=CFXS>….
Chinese consumers take credit for boom in car loans
BEIJING (Reuters) – Chinese households, traditional savers with an aversion to debt, are rapidly warming to the idea of borrowing to buy a car, as automakers push financing deals to boost sales and margins in an increasingly competitive market.
Formula One sale to Liberty Media to go ahead next week: auto motor und sport
FRANKFURT (Reuters) – A sale of Formula One to Liberty Media is to go ahead next week, the sport’s commercial supremo Bernie Ecclestone told German trade magazine auto motor und sport on the sidelines of the Italian Grand Prix at Monza on Saturday.
Wall Street Week Ahead: Sleepy summer may give way to freaky fall
NEW YORK (Reuters) – The dog days of summer have lived up to their sleepy reputation this year as far as U.S. stocks are concerned, but market gyrations could soon pick up as a traditionally more volatile time of year looms.
