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Stablecoin Issuer Circle Lists IPO In NYSE With Shares Doubling 

Brazil Sells $2 Billion Bond As CDS Declines 

Virgin Australia Staged to Raise $442.8 Million in IPO, Report Says

Kuwait Proposes 15% Corporate Tax in 2025 to Modernize Fiscal System

The Business PinnacleDecember 9, 20240206 views

The government is imposing a 15% tax on all companies operating in Kuwait and Kuwait companies in various markets. The Ministry of Finance in Kuwait is under pressure as discussions…

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Aviva Plans £3.61B Deal With Direct Line, Making UK’s Largest Motor Insurer

The Business PinnacleDecember 6, 20240597 views

This deal would make Direct Line the largest home and motor insurer in the United Kingdom. British insurer Aviva has agreed to buy its smaller competitor Direct Line in a…

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US-China Tit-for-Tat Tech Wars Escalates with Rare Mineral Restrictions

The Business PinnacleDecember 5, 20240166 views

The Chinese Ministry of Commerce declared a ban on minerals exported like gallium, germanium, and antimony to the US, which are needed to produce semiconductors and military equipment. China has…

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London Stock Market Faces Fastest Decline Since 2010

The Business PinnacleDecember 4, 20240199 views

About 25 companies have delisted from the London market due to mergers and acquisitions. The London stock market is shrinking at the quickest rate in over ten years due to…

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Greenland Opens First Direct Flight To US Marks New Chapter in Tourism

The Business PinnacleDecember 3, 20240218 views

United Airlines will run a nonstop, four-hour flight from Newark Liberty International Airport in New Jersey to Greenland. Greenland opens two new airports with two more planned, raising many expectations.…

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UN Warns $2.6 Trillion Needed to Restore Degraded Lands by 2030

The Business PinnacleDecember 2, 20240208 views

A UN official in charge of international negotiations said the cost of restoring the degraded land and preserving the desserts would be at least $2.6 trillion by the end of…

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Turkey’s Economy Enters Recession, Pressuring Central Bank for Rate Cuts

The Business PinnacleNovember 29, 20240230 views

Turkey’s GDP declined by 2.4% in the first quarter of 2019 after declining by 3% in the last quarter of 2018. Turkey entered into recession in the third quarter as…

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Nationwide Gains £2.3 Billion From Acquiring Virgin Money Draws Criticism

The Business PinnacleNovember 28, 20240224 views

Nationwide said the value of the assets was £5.1 billion weeks after completing the deal in October. Nationwide Building Society has disclosed a £2.3 billion gain from its acquisition of…

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Activist Investor Targets Tokyo Gas Over Hidden $9.7 Billion Real Estate

The Business PinnacleNovember 27, 20240236 views

Tokyo Gas has been experimenting with new energy sources as it struggles to reduce its carbon footprint. Tokyo Gas will release its annual report to shareholders this week, which could…

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Spirit Airlines Restructures $1.6 Billion Debt in Bankruptcy, Worrying US Holiday Travelers

The Business PinnacleNovember 26, 20240210 views

Spirit agreed to file a prepackaged bankruptcy to restructure its $1.6 billion in debt Spirit Airlines Inc. filed for bankruptcy protection on Nov. 18, joining a long list of US…

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