Yen slips after G7 statement, euro recovers

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Asia stocks gain on stimulus hopes, Europe lowerComments Off

European shares drifted lower Monday as tensions over Ukraine simmered while Asian stock markets mostly rose on expectations of stimulus in China after manufacturing growth slowed in August.

Heineken sells Mexican packaging business to CrownComments Off

Dutch brewer Heineken NV says it has sold its packaging business in Mexico to Crown Holdings Inc. of the U.S. for $1.23 billion (940 million euros) to reduce debt.

A timeline of Atlantic City’s Revel Casino HotelComments Off

A look at key moments in the history of Atlantic City’s Revel Casino Hotel: September 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms.

Alibaba IPO comes with unusual structureComments Off

Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant’s U.S. public offering will need to get comfortable with an unusual business structure.

Revel starts shutdown Monday after just 2 yearsComments Off

The most spectacular and costly failure in Atlantic City’s 36-year history of casino gambling begins to play out Monday when the $2.4 billion Revel Casino Hotel empties its hotel.

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