HONG KONG: Gambling revenue in Macau plunged 94.5 per cent in July year-on-year, with casinos reeling from a lack of visitors in the world’s biggest casino hub despite a loosening of quarantine restrictions which have seen only a modest rise in gamblers. July’s figure of 1.3 billion patacas (US$162.9 million) […]
Business
NEW YORK/WASHINGTON: President Donald Trump said on Friday (Jul 31) he would sign an executive order as soon as Saturday to ban fast-growing social media app TikTok in the United States, as American authorities have raised concerns the service could be a tool for Chinese intelligence. US officials and lawmakers […]
SINGAPORE: Another S$320 million has been set aside to extend foreign worker levy rebates for firms in the construction, marine shipyard and process sectors, said the Ministry of Manpower (MOM) on Saturday (Aug 1). The move follows feedback that the majority of about 15,000 firms in these sectors are still […]
WASHINGTON: A 17-year-old Florida boy masterminded the hacking of celebrity accounts on Twitter Inc, including those of Democratic presidential candidate Joe Biden and Tesla Chief Executive Elon Musk, officials said on Friday (Jul 31). A 19-year-old British man and a 22-year-old man in Orlando, Florida were also charged under US […]
New Zealand has to decide how best to open air travel including whether it should be restricted to certain types of travellers like foreign students, say two observers. DUNEDIN, New Zealand: Having successfully eliminated COVID-19, New Zealand now faces the option of sitting tight or exploring various ways of loosening […]
PARIS: Pharma giants Sanofi and GSK will receive up to US$2.1 billion from the US government for the development of a COVID-19 vaccine, the companies said on Friday (Jul 31), as the world scrambles for an answer to the pandemic. At the same time, the European Union said it had […]
FILE PHOTO: A closed barber shop is shown during the outbreak of the coronavirus disease (COVID-19) in Encinitas, California, U.S., July 30, 2020. REUTERS: U.S. states hit hardest by COVID-19 had some of the biggest jumps in small business loan defaults since the onset of the pandemic, and some […]
Facebook Inc raised its settlement offer by US$100 million to US$650 million related to a lawsuit that claimed it illegally collected and stored biometric data for millions of users without their consent, the company said on Friday. REUTERS: Facebook Inc raised its settlement offer by US$100 million to US$650 million […]
Microsoft Corp could re-energize its advertising business with a huge supply of video if it follows through on acquiring TikTok’s U.S. operations from ByteDance. OAKLAND, Calif.: Microsoft Corp could re-energize its advertising business with a huge supply of video if it follows through on acquiring TikTok’s U.S. operations from ByteDance. […]
The White House is preparing to force Chinese internet giant ByteDance to shed the U.S. operations of TikTok, as potential buyers, including Microsoft Corp , are already in talks to buy the popular short video app, people familiar with the matter said on Friday. NEW YORK/WASHINGTON: The White House is […]