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Paramount Skydance Secures $24 Billion From Saudi Arabia, Qatar and Abu Dhabi Funds for Warner Bros. Deal

Variety - 4 hours 17 min ago
Paramount Skydance, led by David Ellison, has received commitments of nearly $24 billion to back its takeover of Warner Bros. Discovery from three Middle Eastern sovereign wealth funds, the Wall Street Journal reported. Saudi Arabia's Public Investment Fund (PIF) agreed to provide about $10 billion to Paramount, with the state-controlled funds of Qatar and Abu […]...
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OPEC+ agrees to boost oil output when Strait of Hormuz reopens

NY Post - 22 hours 56 min ago
The war has effectively shut the Strait of Hormuz since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates, Kuwait and Iraq.
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