Bloomberg Blackstone Group will see a $5 billion gain from selling a stake in the largest liquefied natural gas export terminal in the US. The firm’s private equity business is unloading its stake of just over 40% of Cheniere Energy Partners LP to Brookfield Asset Management Inc and its own affiliated infrastructure group, according to a filing. Brookfield negotiated the ...

More than three weeks after the Cares Act expired, Congress is still deadlocked on its replacement — and the main stumbling block is in the Senate. Republicans are fractured and disorganised, while their Democratic counterparts are afraid of doing anything that might be seen as undermining the House. The Senate’s inability to pass major legislation has long enraged Democrats. During ...

Was is it all for nothing? With Spain, France and Germany recording the highest number of virus cases since they emerged from lockdown, the danger that Europe blows its best chance of taming the coronavirus grows by the day. The hope was that we could relax travel and social restrictions this summer because people are much less likely to catch ...