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  • Tourists ride in a vintage car at the 'Malecon' seafront in Havana, March 16, 2016.

    The GOP argument against lifting the Cuba embargo is flawed, says Kabir Sehgal.

  • A woman looks down from her balcony on the streets of Havana, Cuba.

    Starwood Hotels & Resorts became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution.

  • HAVANA, March 20- President Barack Obama embarked on Sunday on a historic trip to Cuba where a Communist government that vilified the United States for decades prepared a red-carpet welcome. Lifting off from Andrews Air Force Base outside Washington, Obama headed for Havana where the sight of Air Force One, America's iconic presidential jet, touching down on...

  • HAVANA, March 19- Starwood Hotels& Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S. Such deals would normally be prohibited under the U.S. economic embargo of Cuba, but Starwood received special permission from the U.S. Treasury...

  • Believed Marriott will counter

    CNBC's David Faber discusses Marriott's next move after Anbang put forth a deal with Starwood is all cash but Starwood has yet to sign because it needs to give Marriott five days to respond to the offer, reports CNBC's David Faber.

  • WASHINGTON, March 15- China's Anbang Insurance Group, which is looking to buy U.S. hotel operator Starwood, has won approval from a U.S. national security panel to buy U.S. annuities and life insurer Fidelity& Guaranty Life, Fidelity said on Tuesday. The U.S. insurer said in a filing with the U.S. Securities and Exchange Commission that the U.S. Committee on Foreign...

  • WASHINGTON, March 15- China's Anbang Insurance Group, which is looking to buy U.S. hotel operator Starwood, has won approval from a U.S. national security panel to buy U.S. annuities and life insurer Fidelity& Guaranty Life. Fidelity& Guaranty Life said in a government filing on Tuesday that the U.S. Committee on Foreign Investment in the United States, or CFIUS, had...

  • March 15- China's Zoomlion Heavy Industry Science& Technology Co Ltd has raised its bid for U.S. crane maker Terex Corp, according to people familiar with the matter, as it challenges Terex's merger with Finland's Konecranes. Zoomlion's latest move shows corporate China's determination to acquire U.S. assets and expand its global footprint.

  • *Fresh Market shares jump on Apollo deal. NEW YORK, March 14- Wall Street closed little changed in light trading on Monday as consumer discretionary gains countered losses in energy shares and investors laid low ahead of a U.S. "If investors are inclined to make a bet, then they're better served by waiting a few days," said Jack Ablin, chief investment officer at BMO...

  • *Starwood rises after unsolicited buyout proposal. NEW YORK, March 14- Wall Street was flat on Monday afternoon as losses in energy shares were offset by consumer discretionary gains and investors laid low ahead of a U.S. "If investors are inclined to make a bet, then they're better served by waiting a few days," said Jack Ablin, chief investment officer at BMO Private...

  • March 14- Wall Street was little changed on Monday as losses in energy shares were offset by gains in consumer discretionary stocks and investors paused ahead of the U.S. U.S. crude fell more than 4 percent after Iran quashed hopes of a quick deal by major producers to freeze output. "Looks like a slight hangover from the party that we had last week," said Jack Ablin,...

  • March 14- Wall Street was little changed on Monday as losses in energy shares were offset by gains in consumer discretionary stocks and investors paused ahead of the U.S. U.S. crude prices fell more than 4 percent after Iran quashed hopes of a quick deal by major producers to freeze output. "Looks like a slight hangover from the party that we had last week," said Jack...

  • A pedestrian walks by a W hotel in San Francisco.

    Starwood, already in a deal with Marriott, receives a takeover bid by a group of investors, led by China's Anbang Insurance.

  • March 14- Wall Street was slightly lower on Monday as a fall in oil prices weighed on energy stocks and investors paused ahead of the release of a slew of economic data and the U.S. Crude prices, which have dictated the direction of the stock market this year, fell about 3 percent after Iran quashed hopes of a quick deal by major producers to freeze output.

  • Starwood gets unsolicited takeover bid

    Starwood Hotels & Resorts receives a rival takeover bid, valuing the company at $76 a share in cash.

  • Cramer on HOT-Anbang: I like this deal

    CNBC's Jim Cramer talks about China's Anbang Insurance takeover bid for Starwood Hotel.

  • Blackstone Group has agreed to sell Strategic Hotels & Resorts Inc. to a Chinese firm for $6.5 billion.

  • Blackstone to sell Strategic Hotels & Resorts to Anbang

    The private equity giant is selling the luxury hotel collection to a Chinese insurer.

  • *Bookings down for Tunisia, Turkey, Egypt. *Beneficiaries include Spain, Italy, N.America, Caribbean. Attacks in tourist hotspots like a Tunisian beach resort and the city of Paris over the past year have rattled travelers' confidence, sending bookings for Tunisia, Turkey and Egypt plummeting and heralding a slowdown in demand for international travel.

  • *Tunisia drums up business at world's biggest travel fair. BERLIN, March 10- Slim Zghal's three beach hotels in Tunisia had their best month ever in June last year. Three major militant attacks last year, including two on foreign visitors, as well as travel warnings by countries including Britain, have battered the tourism industry which accounts for 7-8 percent...