OPEC+ panel reaffirms cartel’s current output reduction strategy
In an effort to shore up prices, the OPEC+ oil alliance of 23 nations has implemented supply cuts of more than five million barrels per day (bpd) since the end of 2022. Oil prices were up slightly on Thursday and hovering around $80 per barrel.
Opec
‘Wadeem’ sold out for $1.49bn
This is the highest Abu Dhabi real-estate release to date.
Tesla Q2 sales down 13.5%
Shares rally after the disclosure, better than some forecasts.
TomTom cuts 300 jobs
The firm said it was realigning its organization as it embraces AI.
Aldar nets $953m in sales at Fahid
Aldar said 42 percent of the buyers are under the age of 45.
Qualcomm to Alphawave for $2.4 bn
The deal makes Alphawave the latest tech company to depart London.
