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Salesforce To Acquire Informatica For $8 Billion To Boost Its AI-Products

Japan Offers to Help Revive US Shipbuilding, Hoping to Ease Tariff Pain

Renault Taps on Shanghai Centre to Produce EVs to Match Up with Chinese Brands

Salesforce To Acquire Informatica For $8 Billion To Boost Its AI-Products

The Business PinnacleMay 28, 202505 views

Similarly, this new deal with Informatica also highlights Salesforce’s foresight in understanding the potential in the AI market and its eagerness to cash in on this bandwagon. Cloud software company…

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Japan Offers to Help Revive US Shipbuilding, Hoping to Ease Tariff Pain

The Business PinnacleMay 27, 2025014 views

Japan hopes the United States will adopt the technology it created for its advanced icebreaker Shirase and use it for its military ships. Japan has promised to help the United…

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Renault Taps on Shanghai Centre to Produce EVs to Match Up with Chinese Brands

The Business PinnacleMay 26, 2025012 views

Competition from China entering Europe was a wake-up call for Renault. It forced the company to realise that its automotive development approaches can no longer compete on speed or cost.  …

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Top Chinese Drugmaker Makes Successful Debut, raises $6.5 Billion in the Hong Kong IPO

The Business PinnacleMay 23, 2025020 views

Listing in the Hong Kong market was a crucial step for Hengrui, which could now enter the global capital market and fasten its globalisation process. Jiangsu Hengrui Pharmaceuticals, one of…

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Bitcoin Reaches an All-Time Peak, Breaking its January Record as US-China Tensions Ease

The Business PinnacleMay 22, 2025021 views

Bitcoin briefly fell to the floor at $74,434 on April 7, just five days after Trump announced his reciprocal tariffs, sending shockwaves across global markets. Bitcoin reached its highest level…

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Uber Offers $1.2 Billion Exchangeable Bond to Unlock Value in Aurora Without Selling

The Business PinnacleMay 21, 2025029 views

Uber can delay paying taxes on any profits from its investment until the exchangeable matures, in addition to retaining some of the upside. Uber Technologies announced a $1.2 billion exchangeable…

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As US-China Tensions Rise, Xiaomi to Pour $6.9B into Domestic Chip Development

The Business PinnacleMay 20, 2025034 views

Xiaomi is trying hard to catch up with its competitors’ advancements in semiconductor technology, including Apple, Samsung Electronics, and Huawei Technologies. Smartphone giant Xiaomi is one of China’s top three…

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ADNOC Empowers 400 Local Businesses with Dh65.7B Contracts

The Business PinnacleMay 19, 2025040 views

Last month, the company launched an app called “Make it with ADNOC”. It aims to increase local manufacturing and support the UAE’s industrial growth. The Abu Dhabi National Oil Company…

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Crypto Giant CoinBase Estimates $400 million Cyberattack Hit

The Business PinnacleMay 16, 2025033 views

After the news was released, Coinbase shares kept declining, closing at 7.2%. Coinbase, the biggest publicly traded cryptocurrency exchange, estimated that a hack that compromised its customers’ account data would…

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Hong Kong Markets Bounce Back as China’s Biggest Pharma Aims for 1.27 Billion IPO

The Business PinnacleMay 15, 2025048 views

The deal is second on the list of companies that have raised above $1 billion in Hong Kong, as the city is waking up from sluggish IPO markets to show…

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