Word: projects
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...lavish affair. A large white tent was erected on the site, where hundreds of reporters gathered to watch CEO Sheldon Adelson celebrate the roof being laid on the resort's three interlinked towers. As bongo drums pounded, Adelson, 76, turned to the architect of the project to thank him, but not before joking, "Couldn't you have designed it to look as good without the cost...
...long-awaited casinos prepares to throw open its doors this month. Citigroup estimates that Resorts World Sentosa, slated to open in mid-February and which will include six hotels and a Universal Studios theme park, will have run a construction tab of roughly $4.5 billion. Adelson says his showpiece project on Marina Bay, boasting Singapore's largest hotel and one of Asia's biggest convention spaces, will cost roughly $5.5 billion by the time it's expected to open around April. (Read about Singapore's turning point in the global recession...
...Gabriel Chan, head of Asian gaming research for Credit Suisse, who points out that an average casino in Macau costs roughly half as much. The Venetian in Las Vegas, completed by Adelson more than a decade ago, cost roughly $1.5 billion - less than a third of his current Singapore project...
Stichting Taurus, the Dutch preservationist group leading the project, is hoping a reborn aurochs could help restore the European countryside to a more natural state. To that end, the group would eventually like to replace the domesticated cattle that currently graze in Holland's nature reserves with the recreated wild cattle. "The aurochs was part of an ecosystem," says Henri Kerkdijk, manager of the project. "If you want to recreate the flora of the ecosystem, you also have to recreate the fauna." The idea came to Kerkdijk during a trip to Africa, where he was struck by the abundance...
...samples. But for a species to survive once it's brought back to life, it must have enough genetic variability to reproduce. "A population needs to be adaptive," says Johan van Arendonk, a professor of animal-breeding and genetics at Wageningen University in the Netherlands, adding that the Dutch project probably needs to produce at least 100 animals to succeed in the long term...