The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release.
The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.
The S&P 500 looks higher Thursday, one day after the index surrendered its post-Fed meeting gains and closed modestly lower.
Small business owners across the country say a 2024 economy and stock market that have been chugging along have left them behind.
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.
Bored Ape Yacht Club NFT collection once touted by celebrities like Justin Bieber has seen its floor price decline by around 90% since its peak in 2022.
Donald Trump is set to return to his criminal hush money trial in New York after Judge Juan Merchan held him in contempt for violating his gag order.
Oil prices are under pressure from rising inventories, softening demand and higher for longer interest rates.
The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.
Spain's Deoleo says the industry must undergo a "profound transformation" as it grapples with one of the most challenging moments in its history.
In a statement Thursday, UMG said the new licensing deal would lead to the return of its artists' music to TikTok.
Americans overwhelmingly hold an unfavorable view of China, with an increasing number labeling the nation as an enemy of the U.S., according to a new survey.
British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.
Sales of popular weight loss drug Wegovy more than doubled to 9.38 billion kroner.
Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.
India's 8.5% economic growth rate has some "fluff' in it, according to former Reserve Bank of Governor Raghuram Rajan.
A shortage of olive oil has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.
The U.S. tech giant said it will also commit toward AI skills training for over 100,000 Thais and support local developers.
Donald Trump is set to fly from New York to Florida this weekend to mingle with Republican donors and potential running mates.
Margaret Bensfield Sullivan talks about the challenges and lessons she learned while traveling with her family to 29 countries in the span of a year.
Florida is seeing its inventory of homes for sale skyrocket and price growth stagnate, largely due to homebuilders rushing to accommodate a flood of newcomers.
A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and The New York Times, found Amazon CEO Andy Jassy broke labor law.
Tanger CEO Stephen Yalof told CNBC's Jim Cramer on Wednesday why it can be more valuable to replace tenants rather than renew leases.
CNBC's Jim Cramer told investors to take Federal Reserve Chair Jerome Powell at his word.
