US hotel operator Starwood Hotels & Resorts Worldwide yesterday received a higher buyout offer from a consortium led by China’s Anbang Insurance Group that could derail Marriott International’s planned takeover of Starwood.

Younger and hungrier, the GPA has been quick to spot opportunities where money streams can be created or increased

The extent to which Michael “Fingers” Fingleton claimed expenses from his former employer to fund a lavish outlay on designer goods, exclusive hotels, and extravagant entertainment of developers was laid bare in court yesterday.