Page 51 - Stk News Today

(Bloomberg) -- British sports-car maker Group Lotus Plc is touting its electrification push to help drive interest in a potential listing of its China-based business.   Lotus Tech, which is developing electric cars for the Lotus brand, is currently weighing a listing in the U.K., U.S.

(Bloomberg) -- Asia’s best-performing equity funds of last year have now tumbled to near the bottom of the pile as their bets on China’s green energy rally turn sour.

(Bloomberg) -- Slovenia’s premier faces pressure before April elections to block a deal that would hand a large chunk of the country’s biggest tourism group to a buyer with ties to the family of Hungarian Prime Minister Viktor Orban.

(Bloomberg) -- Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk, and electricity.

Track the global equity, currency & commodity markets here.

(Bloomberg) -- Credit Suisse AG will pay $81 million to resolve a lawsuit by some U.S. pension funds over control of the more than $1 trillion market for stock lending and has agreed to help with similar cases pending against other banks.

(Bloomberg) -- DraftKings Inc. sank after adding fewer new customers in the fourth quarter than Wall Street had expected even after spending hundreds of millions of dollars to lure new bettors -- spending that will continue to generate deep losses this year.

(Bloomberg) -- EFG Hermes is poised to pick Goldman Sachs Group Inc. to advise on First Abu Dhabi Bank PJSC’s offer to acquire a majority stake, people familiar with the matter said.

(Bloomberg) -- Len Blavatnik has agreed a $4.3 billion recapitalization of DAZN, as the billionaire doubles down on his loss-making sports entertainment company and prepares to woo new investors.

(Bloomberg Opinion) -- When the going gets tough in the U.S., the tough go shopping. The Commerce Department said Wednesday that retail sales surged 3.8% in January, the most in 10 months and well above the 2% median estimate of economists surveyed by Bloomberg.