Shares of Satellogic Inc ( SATL ) are trading higher after the company said its wholly-owned subsidiary, Nettar Group, Inc. has entered into a note purchase agreement led by Tether Investments Limited. Under the agreement, the borrower has agreed to issue floating rate secured convertible promissory notes in the aggregate principal amount of $30 million to the purchaser. The net...

MOSCOW, April 15 (Reuters) - Caspian Pipeline Consortium, which exports Kazakhstan's oil from the Black Sea, increased oil supplies in the first quarter by 4% from the same period a year ago to 17.195 million metric tons (1.483 million barrels per day), two industry sources said on Monday. In March alone, its exports increased to 5.831 million tons (1.477 million...

08:59 AM EDT, 04/15/2024 (MT Newswires) -- Tutor Perini ( TPC ) said Monday that it is offering $400 million worth of senior notes in a private offering. The construction company said it plans to use the net proceeds, along with cash on hand, to redeem or repay $500 million of the company's 6.875% senior notes due May 1, 2025,...

09:00 AM EDT, 04/15/2024 (MT Newswires) -- Microsoft ( MSFT ) -backed OpenAI said Tadao Nagasaki has joined OpenAI Japan as its president. Nagasaki said he joined the company after working for more than 12 years at Amazon's ( AMZN ) Amazon Web Services unit. He will head OpenAI's commercial and market engagement efforts and support the establishment of its...