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Wanxiang, Geolo Capital To Invest $1B In US Hotels
Hangzhou-headquartered Chinese auto parts maker Wanxiang Group Corporation has teamed up with U.S. private equity firm Geolo Capital to invest US$1 billion in the U.S., according to a company announcement. The pair have already completed purchases worth US$400 million, including acquiring the luxury Ventana Inn & Spa in California from Walton Street Capital and Oaktree […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on ... Full investment news article
Hedge funds aggressively bearish towards U.S. crude: Kemp
By John Kemp LONDON, Aug 18 (Reuters) - A relatively small group of hedge fund managers has placed a record bet on U.S. oil prices declining further in the m... Full investment news article