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World

Advantage Lithium CEO charged in college admissions scandal

BUENOS AIRES (Reuters) - The chief executive of Advantage Lithium Corp, which is developing lithium projects in Argentina, has been arrested by U.S. authorities as part of a sweeping college admissions scheme that has ensnared dozens of high-profile people.

Business

Quick take: Alam Maritim shares up 4%, bags RM40mil contract

KUALA LUMPUR: Alam Maritim Resources Bhd is up 4% in early trade Tuesday in response to the award of a RM40mil contract to provide underwater inspection services.

Business

Trading ideas: Alam Maritim, KNM, Protasco, Zelan

KUALA LUMPUR: JF Apex Research expects Alam Maritim Resources Bhd, KNM Group Bhd, Protasco Bhd and Zelan Bhd to be among the stocks to watch on Tuesday.

World

German court stops trial of former death-camp guard

MUENSTER, Germany (Reuters) - The trial in Germany of a 95-year-old former guard at a Nazi death camp has been stopped because of the defendant's health problems, likely ending one of the last such prosecutions linked to the Holocaust.

Business

Sapura Energy rises after bagging RM760mil contracts

PETALING JAYA: The cyclical upturn in the oil and gas sector has seen Sapura Energy Bhd starting off steady with positive analyst recommendations and a rise in its stock price.

Analyst Reports

Kenanga upgrades Sapura Energy to outperform, TP of 34 sen

KUALA LUMPUR: Sapura Energy's new contract wins and extensions of RM760mil brought its year-to-date wins to about RM9bil and order book to about RM19bil, marking their highest in over two years.

Business

Alam Maritim rises after winning job from Hess

PETALING JAYA: Alam Maritim Resources Bhd rose 6.25%, or 0.5 sen, to 85 sen in early trading after its unit secured a five-year contract for the provision of pan-Malaysia underwater services for petroleum arrangement contractors from Hess Exploration and Production Malaysia BV.

Business

US shale becomes safe haven as oil prices languish

HOUSTON: Big Oil is investing more in US shale, not less, after the recent tumble in crude prices.

Business

Murphy Oil in talks to sell Malaysian O&G assets

SINGAPORE: Murphy Oil Corp is in talks to sell its Malaysian oil and gas assets after an unsolicited bid that could fetch between US$2bil and US$3bil, sources said, in the latest energy M&A deal in the South-East Asian nation.

Business

Murphy Oil in talks to sell Malaysian oil, gas assets, sources say

SINGAPORE: Murphy Oil Corporation is in talks to sell its Malaysian oil and gas assets after an unsolicited bid that could fetch between $2 billion to $3 billion, people familiar with the matter said, in the latest energy M&A deal in the Southeast Asian nation.