BUSINESS

Markets Breathe Easier As Italy Government Sworn In

Italy new
After months of uncertainty in the eurozone's third-biggest economy, Italy's blue-chip share index was up more than 2 percent, as banks recovered from a rout and government bond yields moved sharply lower in early trade.
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RTSDKHE

Blackstone To Buy LaSalle Hotel For $3.7 Billion

Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.

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