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Home > Latest

Lates News

date
13/06/2026
Market news: British retail giant Sainsbury is looking for a successor to Chairman Martin Scicluna.
Latest
5 m ago
American investment groups are now seizing the opportunity provided by Trump's previous efforts to overthrow Maduro to compete for the largely untapped oil fields in Venezuela. Miami-based fund Lionheart Capital has taken the lead by signing a letter of intent to merge its publicly-listed shell company Lionheart Holdings with Keo Energy, which holds oil field assets in Venezuela. Sources say that after the merger, the first Venezuelan oil company to be listed on NASDAQ will be created, providing a direct investment channel for US and institutional investors. Reports suggest that Lionheart plans to list the oil company at a valuation of around $1 billion through the merger, as Lionheart Holdings had raised $230 million in funding in 2024. Insiders say that negotiations are still in the early stages and have not yet been finalized, with the deal potentially falling through. Lionheart Holdings plans to hold a shareholder vote next week to seek more time to find an acquisition target, or else they may face dissolution.
8 m ago
According to the Financial Times, investment companies are joining US President Trump's $100 billion Venezuelan oil competition. Lionheart Capital plans to list a Venezuelan oil company through a merger with its blank check company Lionheart Holdings, valued at approximately $1 billion.
9 m ago
Market news: U.S. diversified investment company Lionheart Capital plans to merge with its blank-check company Lionheart Holdings to facilitate the IPO of a Venezuelan oil company, with an estimated valuation of about 1 billion dollars.
17 m ago
Turkey extends the ban on short selling of stocks until June 26th.
21 m ago
Ukrainian military: Ukrainian forces attacked the oil infrastructure in the Volgograd region of Russia.
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