SJM, the gambling firm owned by mogul Stanley Ho, is set to expand with a new casino resort in the Cotai area of Macau.
Consumer Electronics
Neiman Marcus nearing deal of over USD6 billion exit deal with PE firms- report
According to sources who told Wall Street Journal, Neiman Marcus would be wrapping its over USD6 billion exit deal with Ares Management LLP and the Canada Pension Plan Investment Board soon.
Serena Williams bags 5th US Open Championship
Tennis top seed Serena Williams got overwhelmed on her recent US Open Championship victory against player Victoria Azarenka.
No plans for Amazon phone, yet
Amazon clarified a blog report that the ecommerce firm was preparing its own phone. According to Drew Herdener, spokesperson for Amazon. com, the Seattle based e commerce firm has no plans to introduce a phone in 2013.
Vingroup postponing share and bond sale
Vietnam's largest mall operator had recently decided to withdraw its IPO and bond listing in the SGX due to continued capital flight from emerging markets.
Latest News
United Arab Bank recently formalized a sponsorship agreement with FC Barcelona. FC Barcelona, the Spanish football giant, had further strengthened its partnership with the Gulf region as it announced last Sunday the forging of a three year deal with UAE financial institution United Arab Bank.
In an announcement, Qatar Airways CEO formalized an exchange programme between Qatar Airways and British Airways.
Zoopla engaged the services of Credit Suisse for its IPO. Zoopla, the British property website, had engaged the services of the investment bank Credit Suisse in order to explore growth opportunities.
Theme park operator Merlin Entertainments Group had drafted plans to undertake an IPO. The Merlin Entertainments Group has planned to raise nearly GBP3 billion or USD4.
Chicago Cubs announced that it had signed a deal with Anheuser-Busch InBev valued USD500 million for the renovation of its Wrigley Field ballpark.
The Municipality of Abu Dhabi launched a new project and sought for investors in its planned installation and operation of street retail kiosks.
The 53 year old American Actor Dough Hutchison was reported to be "freaking out" after his teenage wife became too independent from him while inside the Celebrity Big Brother house.
Three more IMAX theaters to be built in the Middle East region. In an announcement, IMAX Corporation and Gulf Film formalized an expansion of their partnership through a revenue share agreement.
General Mills announced last Friday that the company had voluntarily recalled its cinnamon roll products.
