Business Archive

China’s Anbang and Blackstone in $6.5bn US hotel deal

China’s Anbang bought New York’s famous Waldorf-Astoria hotel from Blackstone in 2015 Chinese insurer Anbang has agreed to buy a US luxury

Oil price falls as Iran rejects output freeze deal

Oil prices have fallen by nearly 3% after Iran put off plans to join nations proposing a freeze on production. Oil minister

Eurozone industrial output rises 2.1% on Ireland surge

Eurozone industrial production grew at its highest rate in more than six years during January, driven by a sharp increase in output