Bloomberg Blackstone Group LP agreed to sell Strategic Hotels & Resorts Inc. to China’s Anbang Insurance Group Co. for about $6.5 billion, just three months after it purchased the U.S. luxury-resort company, according to people with knowledge of the matter. The price is about $450 million more than Blackstone paid for Strategic in December. The New York-based private equity firm ...

Bloomberg Wellington real estate agent Gareth Robins says he’s taken more calls from Auckland investors in the past six months than he has in the past six years. With the housing boom in Auckland, New Zealand’s largest city, showing signs of coming to an end, investors there are looking further afield, and they have more buying power than owners in ...

BEIJING / Bloomberg Boeing Co. delivered a record number of airplanes to China last year, outpacing rival Airbus Group SE, and is predicting more wide-body orders this year as mainland carriers attempt to harness booming demand for international travel. Of the 200 jetliners Boeing delivered to airlines and lessors based in China last year, 28 were wide-bodies, Darren Hulst, the ...