Macau sets first formal cap on casino tables, income amid bidding war

HONG KONG (Reuters) -Macau has fixed a limit of 6,000 gaming tables and 12,000 gaming machines for new casino operators early next year, as well as minimum income levels for each operator, the government in the world's biggest gambling hub said on Friday.

newspaper

26-08-2022

Macau to limit numbers of gaming tables, machines for casino operators

Macau has fixed a limit of 6,000 gaming tables and 12,000 gaming machines for new casino operators early next year, as well as minimum income levels for each operator, the government in the world's biggest gambling hub said on Friday.

newspaper

26-08-2022

Oil prices rise on U.S. data, head for 3% weekly gain

LONDON (Reuters) -Oil prices rose as much as $1 on Friday as fresh U.S. data lowered recession fears, although an upcoming speech from the U.S. Federal Reserve chairman capped further gains.

newspaper

26-08-2022

Australia's Ramsay says KKR-led group canned $15 billion all-cash bid, rejects alternative

(Reuters) -Ramsay Health Care Ltd said on Friday a group led by private equity firm KKR & Co Inc has withdrawn a near $15 billion all-cash buyout offer, leaving on the table a cash-and-stock bid that the Australian hospital operator rejected.

newspaper

26-08-2022

Oil prices rise on signs of improving demand, gain 3% on week

Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains were capped as the market awaited clues from the U.S. Federal Reserve chairman on the outlook for rate hikes in a speech later in the day.

newspaper

26-08-2022

Singapore July manufacturing output up 0.6% y/y, misses forecast

Singapore's industrial output in July grew 0.6% year-on-year, well below forecasts, partly due to a decrease in the output of electronics and biomedical manufacturing, official data showed on Friday.

newspaper

26-08-2022

KKR-led group cans $15 billion all-cash bid for Australia's Ramsay, proposes alternative

(Reuters) -Ramsay Health Care Ltd said on Friday a group led by private equity giant KKR & Co pulled the plug on a near $15 billion all-cash buyout offer for the Australian hospital operator, but a cash and stock bid remains on the table.

newspaper

26-08-2022

KKR-led group walks away from $15 billion all-cash offer for Australia's Ramsay

(Reuters) -Ramsay Health Care Ltd said on Friday a group led by private equity giant KKR & Co pulled the plug on a near $15 billion all-cash buyout offer for the Australian hospital operator, but still kept doors open for further negotiation.

newspaper

26-08-2022

Oil prices edge up on signs of improving demand

Oil prices rose in early trade on Friday on signs of improving fuel demand, though gains were capped as the market awaited clues from the U.S. Federal Reserve chairman on the outlook for rate hikes in a speech later in the day.

newspaper

26-08-2022