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Blackstone deal for stake in asset owned by Energy Transfer collapses

  Bloomberg Blackstone Group LP is no longer in talks to buy a $5 billion stake in assets owned by Energy Transfer Partners LP, people with knowledge of the matter said. The discussions fell through after the Wall Street Journal reported them last month, said one of the people, who asked not to identified because the information is private. The ...

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India realty websites merge to create nation’s top home portal

  Bloomberg Indian real-estate websites PropTiger.com and Housing.com are merging to create the country’s top portal for residential listings and property services, as Rupert Murdoch’s News Corp. boosts its investment in the growing sector while Masayoshi Son’s SoftBank Group Corp. scales back. REA Group Ltd., an Australian real-estate company controlled by News Corp., is putting $50 million into the new ...

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China factory prices rise fastest in five years

  Bloomberg China’s producer price index rose at the fastest pace in more than five years in December as the factory to the world swings from being a drag on global inflation to another potential force pushing prices higher. PPI jumped 5.5 percent last month from a year earlier, compared to the median estimate of 4.6 percent in a Bloomberg ...

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