Bloomberg Prime Minister Theresa May is preparing to reject the European Union’s draft Brexit deal when it’s published, a senior official said, as her government steps up its fight with the bloc over the terms of Britain’s departure. With just three weeks left to agree on the Brexit transition phase, the EU will unveil a legal text that’s likely to ...

Bloomberg Travel giant Booking Holdings Inc. jumped in after-market trading after beating analysts’ profit estimates and talking down the threat of new competition from Airbnb Inc. Booking, which changed its name from the Priceline Group, grew the total number of non-hotel accommodations on its websites to 1.2 million, a 53 percent jump from 2017. Airbnb has about 4.3 million. Asked ...

Bloomberg Accor SA plans to buy back as much as 1.35 billion euros ($1.65 billion) of shares over the next two years after the hotel operator agreed to sell a majority stake in its property business. Saudi Arabia’s Public Investment Fund, Singapore’s GIC Pte sovereign-wealth fund, Credit Agricole Assurances, Amundi SA, Colony NorthStar Inc. and other investors joined forces to ...