The Airport Authority (AA) said on Wednesday that it reached an agreement with New World Development to terminate the sublease of the 11 Skies development project early. The property developer will hand over the mega complex located near the Hong Kong International Airport and the Hong Kong-Zhuhai-Macao Bridge on April 1 next year along with the assets in connection with the development at no cost, and provide cash and cash equivalents of more than HK$3 billion to the authority. The authority said the 11 Skies project will complement Skytopia – a HK$100 billion mega project that aims to transform the area around the airport into a world-class destination for tourism as well as business activities, linking the city and the Greater Bay Area. Its chairman, Fred Lam said the 11 Skies project is more than a usual shopping complex. “The scale of the project is well-suited for large scale entertainment facilities and experience-driven offerings that would not be possible in other indoor venues in Hong Kong. It will be a unique entertainment hub that forms an integral part of Skytopia, whose attraction is not only about stunning hardware,” he said. “We believe it is the software – the contents, culture and holistic offering of an...
Read full articleThe second day of FHS World 2026 in Dubai brought together some of the hospitality sector’s most influential investors, operators, policymakers and innovators, with discussions ranging from longevity and wellness to artificial intelligence, investment strategy, food security and the changing relationship between hotel owners and operators. Across 25 sessions, a consistent message emerged: hospitality is entering a period in which access to capital and technology alone will not determine success. The industry’s next phase will depend increasingly on disciplined investment, resilient destinations, stronger organisational cultures and the ability to use technology to enhance — rather than replace — the human experience.
A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.
The company said that Candyrific of Louisville, Ky., will produce the jelly candy that comes in a rainbow of colors and citrus flavors and is used in Jewish traditions.
The company says it needs to "keep evolving alongside changing customer expectations".
The new question, included on a draft version of the primary tax form, comes as part of an anti-immigrant turn at an agency that long prioritized tax administration.
In this eight-minute documentary, Business Traveller speaks to Eric Edge, VP of Brand and Marketing at Alaska Airlines and Hawaiian Airlines, Alex Judson, Managing Director, Partnerships and International, and Diana Rakow, CEO of Hawaiian, about what the merger means for both airlines. They discuss the strategy behind bringing the businesses together, how the two brands can grow while retaining their individual identities, and why the changes mark a much bigger shift than simply combining two airlines. The post Spotlight: The day Hawaiian Airlines became bigger than an airline appeared first on Business Traveller.
The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.
A typical household faces an annual gas and electricity bill of £1,999 from January, based on a key forecast.
The ride at Magic Mountain near Los Angeles has fueled lawsuits claiming that it had caused brain injuries, including two that were fatal.
The Hampshire group says it has seen a rise in demand and it needs more volunteer bakers.
In this episode of Entre Nous, Delano D'Souza speaks to Daisy Fancourt, professor at University College London and a leading researcher on how the arts affects our brains and bodies. In her book "Art Cure" she draws on scientific evidence to show how the arts can transform our health and what her research suggests we should be doing to optimise the benefits.
AI needs "rigorous" testing and safeguards to contain risk, Andrew Bailey says.