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MOSCOW: Europe, struggling with soaring gas prices, is missing out on additional Russian supplies amid delays to the Nord Stream 2 pipeline, a top Russian official signalled on Friday.
NEW YORK: Former U.S. President Donald Trump's new venture inked the second-largest ever private placement with convertible stock for a merger with a blank-check acquisition firm, according to SPAC Research, thanks to its unusually favorable terms and despite not having yet launched its social media app.
NEW YORK: Oil futures eased on Monday on worries that rising coronavirus cases around the world could reduce crude demand as new doubts emerged about the effectiveness of vaccines against the Omicron variant.
KUCHING: KKB Engineering Bhd will embark on a production capacity expansion of its steel pipe manufacturing in anticipation of increasing demand for its products under the billion-ringgit Sarawak State Water Grid programme.
Former President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check acquisition firm in October, two people familiar with the matter said.
PETALING JAYA: Wah Seong Corp Bhd is expected to record better earnings in 2022, on the back of strong contract wins and easing business restrictions.
THE recent rally of global crude oil prices has yet to positively impact the share prices of locally listed oil and gas (O&G) service providers, which have been underperforming for many years.
HONG KONG: Hyphen Group, a financial technology firm backed by Hong Kong billionaire Richard Li, is in advanced talks to go public through a merger with blank-cheque company Provident Acquisition Corp, according to people familiar with the matter.