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Ex-Russian Minister Nets $11 Billion With a SPAC

(Bloomberg Opinion) By the time a start-up has gone public, a founder can count themselves lucky if they still own 20% of the shares.

It’s striking then that the boss of Britain’s Arrival Ltd. ....

Bloomberg Quint , Quintillion Media , ப்ளூம்பெர்க் குவிண்ட் ,

CNN CNN Newsroom With Brianna Keilar March 3, 2021 18:20:15

Transcripts for CNN CNN Newsroom With Brianna Keilar 20210303 18:20:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

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A $5 Billion Rout Drags Glove Stocks' Valuations to Rock Bottom


Feb 24 2021, 2:50 PM
February 24 2021, 8:42 AM
February 24 2021, 2:50 PM
(Bloomberg) A rout in Malaysian glove makers is deepening, sending valuations for some companies to rock-bottom levels.
(Bloomberg) A rout in Malaysian glove makers is deepening, sending valuations for some companies to rock-bottom levels.
Top Glove Corp., the world’s biggest, slid 7.8% in a fifth day of declines Wednesday, taking its February loss to 22%, set to be the worst for any month on record. The stock is trading at about 6 times 12-month forward earnings, from a record high of 43 times in May. Supermax Corp., which surged 784% last year, is down 26% this month and trades at 4.6 times. ....

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Texas Grid Official Expects Power Back Tonight: Energy Update


Blackouts Likely to Continue as Power Supplies Stay Low (7:20 a.m.)
The need for rolling blackouts to control demand on the Texas power network is likely to continue as data shows little sign of improvement in available power supply. Load on the system remains at suppressed levels indicating that restrictions are still in place.
Oil Prices Hold Above $60 as Crisis Spurs Rush for Fuels (4:30 a.m.)
West Texas Intermediate futures held onto gains accumulated this week trading above $60 a barrel while Brent rose for a third day. U.S. gas futures traded near the highest for three months and contracts in Europe surged. ....

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