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Blackstone to begin marketing 15 US hotel properties

Bloomberg Blackstone Group LP is in the early stages of marketing a group of select-service hotels, according to people with knowledge of the matter. A sale of about 15 US properties would be part of the ordinary course of managing a large portfolio, said one of the people, who asked not to be identified because the process is confidential. While ...

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Trump softens key Nafta demand on regional car content

Bloomberg The Trump administration has softened a key Nafta demand for more North American content in car manufacturing—a potential olive branch on arguably the biggest sticking point as the US pushes to reach a stopgap deal this month, according to three people familiar with the talks. The US proposal would distinguish between different Nafta car parts by grouping them into ...

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Sanctions turn Putin tycoons into international pariahs

Bloomberg The US is taking sanctions against Russia to a new level. The US Treasury turned away from past efforts like curbs on visas to unleash measures that will sever access to global financial markets, buyers and suppliers for several of Russia’s Kremlin-connected billionaires. One of them, Oleg Deripaska, bears the brunt. And sanctions against him entangle some of the ...

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