Recent Posts

China considers ending birth limits as soon as this year

Bloomberg China is planning to scrap all limits on the number of children a family can have, according to people familiar with the matter, in what would be a historic end to a policy that spurred countless human-rights abuses and left the world’s second-largest economy short of workers. The State Council, China’s cabinet, has commissioned research on the repercussions of ...

Read More »

Blackstone agrees to acquire LaSalle Hotel in $4.8bn deal

Bloomberg Three days after agreeing to sell off the last of its Hilton stake, Blackstone is buying another hotel company. Blackstone Group LP has agreed to acquire luxury hotel owner LaSalle Hotel Properties, according to people with knowledge of the matter. The all-cash transaction values LaSalle at $33.50 a share, or $4.8 billion including debt, said the people, who asked ...

Read More »

Google likely to face $4.3bn claim in UK IPhone privacy case

Bloomberg IPhone users suing Google over data-collection claims may be seeking as much as 3.2 billion pounds ($4.29 billion), the search giant said in a court filing. The group representing iPhone users, known as Google You Owe Us, now includes 4.4 million people, according to documents filed with the court at a hearing on Monday. The group says the Alphabet ...

Read More »
Send this to a friend