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Tag: business

Posted on 06/09/2024

Hong Kong gym chain Physical Fitness ‘temporarily’ shuts down after HK$3 million unpaid pensions payments

Hong Kong gym chain Physical Fitness has announced a “temporary closure” citing high rents, after pensions authorities warned of legal action against the fitness company over HK$3 million outstanding ...

Posted on 06/09/2024

Salesforce Agrees to Buy Startup Own for $1.9 Billion

Salesforce Inc. said it was buying data protection and management solutions provider Own for $1.9 billion, the company’s second acquisition this week.Most Read from BloombergThe Outsized Cost of ...

Posted on 06/09/2024

Hong Kong’s Kai Tak Sports Park a cultural asset for promoting tourism: Paul Chan

Speaking at South China Morning Post summit on Friday, finance chief says sports should combine with business events to promote Hong Kong tourism.

Posted on 06/09/2024

Hong Kong Services Sector Set for Mainland Sustainability Windfall

Christina So, Head of ACCA Hong Kong and GBA Lead, said: "This study has delivered invaluable insights into the evolution of sustainable business practices in China, making it an essential reference ...

Posted on 06/09/2024

Nio’s Shares Jump After Chinese NEV Startup’s Loss Shrinks, Revenue Doubles in Second Quarter

(Yicai) Sept. 6 -- Nio’s shares soared after the Chinese new energy vehicle startup said its net loss shrank and revenue doubled in the second quarter of the year.

Posted on 06/09/2024

Potentially devastating typhoon approaching Hong Kong, disrupting life and business

Super Typhoon Yagi, the second strongest tropical cyclone of 2024, is impacting southern China, once again highlighting Apple's reliance on the country as iPhone 16 launches.

Posted on 06/09/2024

Super Typhoon Yagi live: China and Hong Kong raise emergency alerts as dozens of flights cancelled

China is bracing itself for the arrival of super-typhoon Yagi, expected to be the strongest storm in nearly a decade, as emergency alerts were raised, schools were shut and flights cancelled.Yagi, ...

Posted on 06/09/2024

Hong Kong’s Physical fitness chain temporarily shuts down after 38 years of business

Move comes after Hong Kong’s pension regulator demands Physical settle HK$3 million in outstanding contributions for 740 employees.

Posted on 06/09/2024

Southern China braces for Typhoon Yagi after it sweeps by Hong Kong

A powerful typhoon swept south of Hong Kong and was moving toward a Chinese island province where it was expected to make landfall Friday, forcing many aspects of life in the region to a halt.

Posted on 06/09/2024

Hong Kong Stock Market May End Losing Streak

The Hong Kong stock market has moved lower in four straight sessions, slumping more than 550 points or 3.2 percent in that span. The ...

Posted on 06/09/2024

Movers and shakers discuss sport, tourism and Hong Kong’s future as Asia’s events capital

The Post is hosting the inaugural Hong Kong Sports Economy and Tourism Summit today, looking at global trends and the challenges ahead.

Posted on 06/09/2024

Salesforce Nears Deal to Buy Startup Own for $2 Billion

Salesforce Inc. said it was buying data protection and management solutions provider Own for $1.9 billion, the company’s second acquisition this week.Most Read from BloombergThe Outsized Cost of ...

Posted on 06/09/2024

Deep Diving into AI for Every Business at AWS TechFest 2024

[The content of this article has been produced by our advertising partner.] ...

Posted on 06/09/2024

New Mountain Merger to Create $3 Billion Medical Payments Firm

A $3 billion merger of three closely held health technology firms aims to use artificial intelligence to help health plans police their payments to doctors and hospitals.Most Read from BloombergThe ...

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