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UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

The United Arab Emirates said on Tuesday it was quitting Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

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Inside the blockbuster Musk Vs Altman trial – packed with drugs, sex, boardroom betrayal and some of Hollywood’s biggest names

Adding further intrigue, SpaceX, Anthropic and OpenAI are all actively preparing for an initial public offering (IPO), with reports suggesting potential listings as early as this year. (SpaceX, which is expecting an evaluation of over $1.75 trillion could go public as early as June, and a number of Musk’s closest fr…

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Israel's purchase of 'stolen' Ukrainian grain not 'legitimate', Zelenskyy says | The National

Ukraine's President ​Volodymyr Zelenskyy ​said on ​Tuesday that Israel's purchase ⁠of grain from occupied Ukrainian territory “stolen” ⁠by Russia “cannot be legitimate business”, ​and that Kyiv is readying sanctions against those attempting to ⁠profit from it.

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Futures Tumble On AI Spending Fears As Brent Hits 2 Week High

US equity futures are lower, dragged by tech, following a report that OpenAI missed revenue and user targets and there growing internal pushback against Sam Altman's notorious aggressive spending (the company has $1.5 trillion in commitment it won't be able to meet), which is hitting semiconductors and the broader s…

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Abdul Razak M. Muzammil Becomes First Sri Lankan to Earn Global CAMA2 Certification

In a historic milestone for Sri Lanka, Abdul Razak M. Muzammil has become the first Sri Lankan to be awarded the globally recognised CAMA² (Certified Asset Management Assessor) certification, setting a new benchmark for professional excellence in the country’s infrastructure and asset management sector.

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UAE leaves OPEC and OPEC+

The United ‌Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing ⁠a heavy ⁠blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused ⁠a historic energy shock and unsettled the global economy.

Original report

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