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Chinese Catholic hit with hefty fine for providing place for mass

Catholics sing on Christmas eve at a church in Taiyuan, Shanxi province, China, December 24, 2015. | (Photo: Reuters/Jon Woo) Authorities with the Chinese Communist Party are now punishing those who provide worship venues for believers as religious persecution continues to escalate in the country.  According to Asia News, a Catholic in the town of Wangli in the Zhejiang province was fined last month for offering his private chapel to the bishop of Wenzhou diocese, Msgr. Peter Shao Zhumin. Zhumin is only recognized by the Vatican, not by the Chinese Communist Party. On March 16, Huang Ruixun, 56, offered his chapel to Shao and about 20 Catholics. Shortly after that, he was sentenced to a hefty fine of 200,000 yuan (the equivalent of about $30,000) under the charge of hosting the bishop for “illegal religious activities, also providing him with lunch, a rest room, etc.”

Locsin directs DFA to prepare profile of Filipinos in India amid humanitarian crisis due to COVID-19 surge

Published April 30, 2021, 10:14 AM Foreign Affairs Secretary Teodoro Locsin Jr. on Friday directed his department to prepare a profile of the Filipino community in India for possible contingency measures as the number of coronavirus cases in the South Asian nation continue to rise rapidly in unprecedented numbers. Foreign Affairs Secretary Teodoro Locsin, Jr. (DFA) Locsin made this directive following reports that 30 more Filipinos have tested positive for COVID-19. From the initial 20 confirmed coronavirus disease (COVID-19) cases among Filipinos in India reported Tuesday, the Philippine Embassy in New Delhi recorded another 20 in the past two days, bringing the total number of coronavirus infections to 50.

GGRAsia – Mass drives MGM China 1Q revenue up to US$296mln

Macau casino operator MGM China Holdings Ltd saw its revenue for the first three months of 2021 rise by 8.8 percent year-on-year, to nearly HKD2.30 billion (US$296.4 million). The increase was mainly supported by a growth in the mass-market segment, according to the quarterly earnings filing of the parent company, United States-based MGM Resorts International. MGM China’s net revenue for the three months to March 31 was down 2.6 percent sequentially, according to Wednesday’s filing. In a presentation issued alongside the results, the parent company said MGM China had “outperformed” the local market, with its first-quarter gross gaming revenue (GGR) recovering to about 40 percent of pre-pandemic levels.

GGRAsia – MGM Cotai additional suites ready by 3Q: Hornbuckle

Casino operator MGM China Holdings Ltd expects to complete by the third quarter of this year a set of additional suites at the south tower of its MGM Cotai casino resort in Macau. The information was provided on Wednesday by company chairperson Bill Hornbuckle (pictured in a file photo). Mr Hornbuckle added: “We are also remodelling our MGM Macau villas and the gaming space on Level 35. On both properties, we are adding food and beverage options focusing on our gaming floors. We are also organising themed property attractions to attract visitation.” He was speaking on the first-quarter earnings call of MGM China’s parent, United States-based MGM Resorts International. Mr Hornbuckle is president and chief executive of MGM Resorts.

Recap: Altra Industrial Motion Q1 Earnings

52-week low: $22.02 Company Profile Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and sells a wide range of mechanical power transmission and motion control products. The company operates through two business segments based on product types and end markets served: the power transmission technologies segment and the automation and specialty segment. The company s product portfolio consists of products such as clutches, brakes, gears, and motion controllers and braking systems, which are used in heavy industrial applications, energy markets, medical, packaging, automation, robotic, and other industries. The company earns most of its revenue in North America ( primarily the United States).

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