Business news for Tue, 25 Dec 2007 & with word city. 11 news.

SHENZHEN Ping An Bank Co will team up with another 4,000 convenient stores in Shanghai at the end of next year to facilitate credit card payments, the bank said yesterday. The bank has already tied up with more than 1,000 convenient stores from Lianhua Supermarket Holdings Co to Alldays convenient stores to NGS Supermarket in the city.

San Franciscans searching for toys this holiday season had the added hurdle of finding a place to buy it. In recent years, all of the major toy chain stores have closed.

Yellowknife RCMP have arrested a teenager in connection with a fire at the city's Wal-Mart on Dec. 15.

If retail really is about the small detail of shopkeeping, then Matt Davies is a future star of the industry given his almost obsessive pre-occupation with his pet shop empire

BP's penance for the deadly 2005 blast at its Texas City refinery has been costly ? but not costly enough for lawyers who represent people suing the London-based oil giant.

Last year, Canadians might have accounted for half of the holiday weekend shoppers who showed up in the first few hours at the Country Clutter gift store at the Prime Outlets mall in Grove City, Pa. This year, a store manager estimated that number has probably risen to 75 percent.

Not since 1994, when Chicago's Dec. 25 temperature jumped to 52(degrees), has a Christmas been milder than this afternoon's expected high of 40(degrees). Sunshine, too, finally returns to the city after nearly a week of cloudy days.

China should delay a pilot program allowing mainland citizens to trade stocks in Hong Kong until it opens its capital account, as the city has become a andquot;backdoorandquot; for financial risks, a government researcher said.

Bank of Commerce Holdings, the parent of banks in Roseville, Yuba City and Redding, recently announced a stock buyback plan.

Harrah's Entertainment Inc. has tentatively cleared the last remaining regulatory hurdle to the largest casino buyout ever. Harrah's said Monday that the National Indian Gaming Commission has approved the company's $17.7 billion purchase by private equity buyers Apollo Management and Texas Pacific Group, pending final commission review. The conditional approval means Harrah's can go forward with the deal, which is expected to close in early 2008. Harrah's and the buyers received the go-ahead for the deal last week from the Nevada Gaming Commission, capping a 10-week campaign to obtain approvals from state gambling regulators in eight states, including Iowa and Missouri. Indian Gaming Commission approval is needed because Harrah's operates several tribal casinos as well. Harrah's used to manage a casino north of Topeka before the Prairie Band Potawatomi tribe took over operations in July. Harrah's, which had nearly $10 billion in revenue last year, operates more than 50 casinos including Caesars Palace and the Imperial Palace in Las Vegas and Bally's in Atlantic City.

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