Langham Hotels International Unveils New Luxury Landmark In Xintiandi, Shanghai - PRLog (free press release)
PRLog (Press Release) – Aug 04, 2010 – Langham Hotels International today announced plans to open The Langham, Xintiandi, Shanghai, in October, marking the debut of its second property in the city. Located in the

MGM Resorts Plans ‘Multiple Properties’ in Macau, Murren Says - BusinessWeek
Aug. 4 (Bloomberg) -- MGM Resorts International, the biggest casino operator on the Las Vegas Strip, plans to build “multiple properties” in Macau as it expands in Asia. “We are starting to assert

Nuance, One51, Google, Tudou, `Paul the Octopus': Intellectual Property - Bloomberg
Vlingo Corp. , whose products help mobile telephones recognize voice commands, sued rival Nuance Communications Inc. alleging infringement of five U.S. patents. Vlingo, based in Cambridge, Massachusetts, is

Cheung Kong May Say Profit Dropped on Hong Kong Property Sales, Hutchison - Bloomberg
Li, 82, sold businesses and used earnings from Hutchison’s non-telecommunications units to invest at least $25 billion in 3 Group, which had been unprofitable since operations began in 2003. Photographer

High-end home distress: Foreclosures, short sales catching up to luxury properties - Birmingham Business Journal
The trend of short sales, foreclosures and walk-aways from distressed mortgages is moving from outlying, middle-class cities to the mansions of Paradise Valley and Scottsdale. Beth Jo Zeitzer, president of ROI Properties

Cheung Kong May Say Core Profit Fell on Property Sales, Hutch - BusinessWeek
Aug. 4 (Bloomberg) -- Cheung Kong (Holdings) Ltd., Hong Kong billionaire Li Ka-shing’s flagship builder, will probably post a decline in first-half profit before revaluations as it earned less from apartment

London Luxury-Home Prices Drop in Month for First Time Since March 2009 - Bloomberg
Luxury-home prices in central London declined in July for the first time in 16 months as the recovery persuaded more owners to sell, broker Knight Frank LLP said. Prices of properties costing at least 1