What Happens in Macau, Stays in Macau

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What Happens in Macau, Stays in Macau

Shares in Wynn Resorts Ltd. fell 10.1 percent in the U.S. Friday after the Wall Street Journal reported that dozens of former employees had alleged sexual misconduct by the group's founder and Chief Executive Officer Steve Wynn. Investors in Hong Kong were far less concerned. Stock in Wynn Macau
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What's Next for Saudi's Elite After Leaving Ritz?

Even before Prince Alwaleed bin Talal and other billionaires were released after almost three months in detention, Saudi officials had already pronounced their controversial anti-corruption crackdown a resounding success. Authorities were on track to recover more than $100 billion in settlement deals
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Powell Era Arrives as Fed's Gradual Pace Looks Ripe for Rethink

The American labor market is sizzling, inflation more broadly in the U.S. looks like it's perking up and even a decade-long global economic recovery looks ready to shift into a higher gear. No pressure, Jerome Powell. As Janet Yellen prepares to step aside as the Federal Reserve chair this week and
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Steinhoff will miss accounts deadline as investigation drags on

Steinhoff International, the struggling South-African retail group, said it will miss the legal deadline for the publication of its 2017 financial results as the investigation into the accounting irregularities discovered in early December drags on. The company, which is listed on the Frankfurt and Johannesburg
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Report: Blackstone discussing $17B bid for control of Thomson Reuters unit

Blackstone Group (NYSE:BX) is in advanced talks to buy a majority stake of the Financial & Risk unit at Thomson Reuters (NYSE:TRI) for a sum cresting $17B, Reuters reports.
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