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Cathay Pacific profit triples on passenger-traffic growth

Cathay Pacific Airways Ltd. annual profit tripled as higher travel demand helped Asia’s biggest international carrier mask a decline in cargo revenue.Net income climbed to ... Full story

CORPORATE BITS: CTM presents Eason’s life in Macau

Popular Hong Kong’s singer, Eason Chan, is gearing up for his return to The Venetian Macao’s Cotai Arena for a double-night concert performance March 14-15, ... Full story

Alibaba buys USD800m stake in ChinaVision for media content

Alibaba Group Holding Ltd., China’s biggest e-commerce company, will pay HK$6.24 billion (USD804 million) for a majority stake in ChinaVision Media Group Ltd., according to ... Full story

McDonald’s struggles worsened by snow

McDonald’s is fighting to hold onto customers in the U.S. and much of the world.The world’s biggest hamburger chain said Monday that sales fell 1.4 ... Full story

Unilever splashes out on China water business

Unilever, the maker of Ben & Jerry’s ice cream, Signal toothpaste and Lipton tea, has made its biggest acquisition in China for more than a ... Full story

Huawei says enterprise growth to accelerate on cloud focus

Huawei Technologies Co., China’s largest phone-equipment maker, forecast its enterprise business will accelerate growth, targeting USD10 billion in revenue by 2017 by winning contracts in ... Full story

ZTE joins The9 to make Chinese game console for release in March

ZTE Corp., China’s second-biggest maker of phone-network equipment, formed a venture with online game developer The9 Ltd. to make a gaming console after the nation ... Full story

CORPORATE BITS: Mandarin Oriental cultural discovery package

Mandarin Oriental, Macau is presenting a Macau Cultural Discovery holiday package, where guests will gain the most out of this culture-rich city during escorted tours ... Full story

CORPORATE BITS: Macau legend development becomes hk index constituent stock

The company led by entrepreneur David Chow, Macau Legend Development Limited, has been selected as a constituent stock of the Hang Seng Composite Index. According ... Full story

CORPORATE BITS: Indian restaurant the golden peacock receives third award

The Golden Peacock, The Venetian’s signature Indian restaurant, has been recognized by the South China Morning Post (SCMP) in the 2014 edition of its 100 ... Full story

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