MACAO -- The liquid petroleum gas tank in a restaurant in China's Macao Special Administrative Region (SAR) exploded late Tuesday night, killing one people and injuring at least six others, the SAR's fire service bureau confirmed on Wednesday.The explosion occurred at about 10 pm (GMT 1400) local time on Tuesday, when the restaurant was still in service. A total of four liquid petroleum gas tanks were found in the restaurant.A woman was trapped under a collapsed wall of a residential building adjacent to the restaurant, and was found dead after rushing to the hospital. Among the injuries, three people were in severe condition.According to the preliminary investigation, the explosion was caused by the leakage of liquid petroleum gas, the fire service bureau told reporters.Macao's security chief Wong Sio Chak went to see the injured earlier Wednesday and expressed his condolences to the family of the victim, promising that the SAR government would offer all the necessary assistance. plain wristbands
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Billionaire Li Ka-shing, chairman of CK Hutchison Holdings Ltd and Cheung Kong Property Holdings Ltd speaks during a news conference in Hong Kong, March 22, 2017. [Photo/VCG] Hong Kong billionaire Li Ka-shing, 90, announced today he is retiring from his companies. Li said he will officially step down as the chairman of CK Hutchison and CK Asset later this year and will serve as a senior adviser. He will be succeeded by his elder son Victor Li Tzar Kuoi. The 89-year-old tycoon made the announcement at a press conference where his four listed companies, CK Hutchison, CK Asset Holdings Ltd., CK Infrastructure Holdings Ltd. and Power Assets Holdings Ltd., released their annual results. His net worth is $35.4 billion as of today, and is ranked 24th on the list of world's billionaires, according to forbes.com. Li is one of the richest and most influential tycoons in Asia, with interests in everything from ports and utilities to telecoms. His companies employ some 310,000 people in more than 50 nations. According to Forbes, his Li Ka Shing Foundation has donated more than $2.6 billion; over 80 percent has gone to Greater China. In 1950, after learning how to operate a plant, Li founded a plastic manufacturing company in HK with personal savings and funds borrowed from relatives.  Li started out by supplying HK and the rest of the world with high-quality plastic flowers at low prices in the 1950s.
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