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Starwood Capital to buy apartment units worth $5.37 billion

(Reuters) – Private investment firm Starwood Capital Group has agreed to buy 72 properties from real estate company Equity Residential for about $5.37 billion, the companies said on Monday. The deal, which comprises 23,262 apartment units, is expected to close in the first quarter of 2016. (Reporting by Ankit Ajmera in Bengaluru; Editing by Robin Paxton)

Starwood Capital to buy apartment units worth $5.37 billion

(Reuters) – Private investment firm Starwood Capital Group has agreed to buy 72 properties from real estate company Equity Residential for about $5.37 billion, the companies said on Monday. The deal, which comprises 23,262 apartment units, is expected to close in the first quarter of 2016. (Reporting by Ankit Ajmera in Bengaluru; Editing by Robin Paxton)

Largest U.S. refineries unaffected by heavy Gulf Coast rain

Operations at the largest two U.S. refineries were unaffected by heavy rains along the Texas Gulf Coast over the weekend, representatives for the plants said on Sunday. Both the 603,000 barrel per day Motiva Enterprises Port Arthur, Texas refinery and Exxon Mobil Corp’s 560,500 bpd Baytown, Texas, refinery were operating after more than 10 inches (25 cm) of rain fell over the Texas coast between Saturday and Sunday. The heavy

Largest U.S. refineries unaffected by heavy Gulf Coast rain

Operations at the largest two U.S. refineries were unaffected by heavy rains along the Texas Gulf Coast over the weekend, representatives for the plants said on Sunday. Both the 603,000 barrel per day Motiva Enterprises Port Arthur, Texas refinery and Exxon Mobil Corp’s 560,500 bpd Baytown, Texas, refinery were operating after more than 10 inches (25 cm) of rain fell over the Texas coast between Saturday and Sunday. The heavy

As oil industry bleeds jobs, Asia's green energy drive offers bright spot

By Jacob Gronholt-Pedersen SINGAPORE (Reuters) – Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades. The boom in new green jobs is being led by Asia where governments in countries such as China and India are embarking on massive programs to

As oil industry bleeds jobs, Asia's green energy drive offers bright spot

By Jacob Gronholt-Pedersen SINGAPORE (Reuters) – Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades. The boom in new green jobs is being led by Asia where governments in countries such as China and India are embarking on massive programs to