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Slovenian party mulls coalition to break logjam

Bloomberg A Slovenian political party that has been talking to the top two finishers in last month’s inconclusive parliamentary ballot proposed that they join forces to break a deadlock that may trigger a re-do election. The euro-area nation of 2 million people is facing a protracted standoff after no party emerged with a clear majority, touching off the European Union’s ...

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Buhari’s party wins Nigerian state vote marred by bribery

Bloomberg Nigeria’s ruling party won a gubernatorial vote in a key swing state, with reports of widespread bribery signalling the probable shape of the battle in February’s general elections. The Ekiti win is a boost for the re-election chances of President Muhammadu Buhari, 75. It shows his All Progressives Congress retains the muscle in the southwest region that helped him ...

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Tech shares pare losses; dollar higher on Powell

Bloomberg US technology shares pared losses as investors downplayed the impact of Netflix’s disappointing subscriber growth for the rest of the FAANG stocks. The dollar strengthened as Federal Reserve Chairman Jerome Powell made the case for further tightening. The Nasdaq 100 climbed from its lows as Facebook turned positive and Broadcom and Nvidia rallied. The S&P 500 was little changed, ...

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