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  • CNW Group

    Virginia Energy Resources Announces Closing of Private Placement in Connection with Plan of Arrangement with Consolidated Uranium

    Virginia Energy Resources Inc. (TSXV: VUI) ("Virginia Energy") is pleased to announce that it has closed its concurrent private placement (the "Concurrent Private Placement") in connection with the proposed acquisition of Virginia Energy by Consolidated Uranium Inc. ("Consolidated Uranium") pursuant to a statutory plan of arrangement, which was previously announced on November 15, 2022 (the "Acquisition"). Under the terms of the Concurrent Private Placement, Virginia Energy issued, on a non-brok

  • GlobeNewswire

    Traction Transformer Market Valued USD 1.12 Billion in 2020 and Expected to Register 5.13% CAGR by 2030 - Report by Market Research Future (MRFR)

    Increase in Electrification of Railways to Boost the Traction Transformer Market GrowthNew York, US, Dec. 06, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), “Traction Transformer Market Research Report: Information by Type, by Overhead Line Voltage, by Mounting Position, by Rolling Stock and by Region - Forecast till 2030, the market is anticipated to acquire a valuation of approximately USD 2.91 billion by the end of 2027. The reports fur

  • Reuters

    WRAPUP 1-China's hopes of looser COVID rules sets off rush for fever drugs

    Tired of being cooped up to comply with China's strict anti-COVID rules, people awaited clarity on an easing of restrictions that could be announced as soon as Wednesday, while the more cautious rushed to buy cold medicines and home test kits. After President Xi Jinping chaired a meeting of the Communist Party's politburo, state media fed the growing sense of anticipation by reporting that China should seek "to better coordinate epidemic policies with economic and social development". Widespread protests against some of the world's toughest COVID curbs last month were quickly followed by various restrictions being lifted by authorities in some cities, while top officials began toning down their warnings about the dangers posed by COVID-19.