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Bloomberg

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Oil

Oil extends steep weekly drop with demand outlook in question

Bay Island

Dubai’s Jumeirah Bay Island plot sells for $34m, sets new record

Model S

Tesla increases price of Model S, X in US after shares slump

Oil

Oil set for first weekly loss since banking turmoil last month

Bitcoin

Bitcoin trading signal hints at an upcoming leap back above $30,000

Ray Dalio, hedge fund billionaire, opens family office in Abu Dhabi

Ray Dalio set to open branch of family office in Abu Dhabi

Bitcoin

Bitcoin drops about 4%, slips below $30,000 amid crypto selloff

bitcoin

Bitcoin stalls near $30,000 after the token’s biggest drop in over a month

Mubadala to invest in Brazil

Mubadala commits to invest $2.5bn in clean fuel in Brazil

carbon

Insights: AI is booming – so is its carbon footprint

Dubai property market Morgan Stanley

Morgan Stanley sees cash buyers and Chinese buoying Dubai property

Oil

Oil powers to fourth weekly advance as global market tightens up

Oil

Oil trades near highest close in five months as market tightens

Hyundai

Hyundai commits to $18bn spend in shift to electric cars

Oil steadies after surge with supplies and stockpiles in focus

Bitcoin

Bitcoin climbs past $30,000 for the first time since June 2022

oil

Oil holds loss as stronger US dollar, slowdown concerns weigh

Apple’s 40% plunge in PC shipments is steepest among major computer makers

Battery

Tesla to build new battery factory, says Elon Musk

finance minister

Kuwait names new finance minister in latest cabinet line-up

Apple job cuts

Apple to make minor job cuts in some corporate retail teams

Oil prices surges after OPEC+ cuts

Oil surges after OPEC+ makes unexpected crude production cut

Netflix

Netflix tests idea of expanding gaming service to televisions

US

Oil steadies after mixed US stockpile report signals weak demand

Opec+ oil output policy

OPEC+ shows no sign of changing oil output at meeting next week

Bitcoin

Bitcoin to extend its 70% surge this year if key charts are right

South Korea

South Korea to surpass China in chip machine spending next year

Twitter equity grants

Twitter offers new equity grants to employees

OPEC

Oil declines amid bank concerns, US caution on stockpile refill

Accenture

Accenture to cut 19,000 jobs globally