While becoming the embattled U.S. theme-park operator’s largest shareholder, China’s Zhonghong Zhuoye Group Co. agreed to acquire a 21 percent stake in SeaWorld Entertainment Inc. from Blackstone Group LP. By expanding internationally, SeaWorld’s plan to restore growth is bolstered by the deal. To create its first park outside the U.S. Rivals such as Six Flags Entertainment Corp.…
The place where energy giants BP Plc and Reliance Industries Ltd. found a sea of trouble, is being ventured into by India’s Oil & Natural Gas Corp. Tapas Kumar Sengupta, ONGC’s director for offshore operations said that to help boost natural gas output and raise crude flows, the state-run company plans to invest in a region off…
A market with an unambiguous message, that their work is far from done, is faced by OPEC and allies reviewing the impact of their oil cuts this weekend. Talks will be overshadowed by the question of whether the persisting glut requires the curbs to be extended beyond the summer, as producers meet in Kuwait to…
According to an index of 15 cities compiled by a relocation company, Dublin has come up as the best destination in the European Union for London-based bankers who could be forced to move after Brexit. Movinga, the survey firm, said on its website that the cost of renting a flat in Dublin is markedly cheaper than…
The huge base of iPhone users could help AppleInc to compete with Snap Inc’s Snapchat and Facebook Inc’s Messenger even as the tech giant is inching one step closer to fully engaging in the messaging world with the release of a new video app called Clips. Complete with colorful emoji symbols, customers are allowed to…
According to the Saudi firm’s CEO, “the next level” of strategic collaboration between the two countries is represented by just a days-old agreement between a major Saudi company and one of China’s largest enterprises. An agreement was signed on Thursday with Chinese state-owned Sinopec Group for new joint projects by Saudi Basic Industries Corporation (SABIC), a manufacturing company…
It could soon be more expensive to visit one of the world’s hottest and most expensive holiday destinations. Iceland’s government is considering ways of raising taxes in the tourism sector being overwhelmed by a record number of visitors in spite of its far-flung location. Limiting sightseers’ access to the country’s most popular spots wld be…
As center-right Prime Minister Mark Rutte looks on course for victory following the country’s biggest election in a generation, the Dutch establishment held strong under a growing wave of populism. Concerns over a continued rise of populist sentiment across Europe were prompted by the anti-EU Geert Wilders’ Freedom Party appeared to make significant gains and…
Placing charges stemming from the hacking of at least half a billion Yahoo accounts, two Russian intelligence officers and two other people were indicted by the U.S. Department of Justice. The Justice Department said that information about “millions of subscribers” at Yahoo, Google, and other webmail providers were mange to be gained by the defendants that…
The Tag Heuer Connected Modular 45 is the latest Android Wear 2.0 smartwatch. With a price tag of $1,600, it continues the dubious traditions of word salad branding and smartwatches that cost an arm and a leg. This is much more than an Android Wear module in an expensive body, insists Jerry Bautista, vice president…
