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Intel CEO Rethinks Chip Manufacturing Plans in Bid to Win Apple, Nvidia

Bankers on Edge about New World Development $11 Billion Loan Deal

Google’s Emissions Jumped 51% As AI Data Centres Push Up Demands Hindering Green Energy Goals 

Russian Gas Exports To Europe Via Ukraine Stops As Transit Deal Expires

The Business PinnacleJanuary 2, 20250200 views

Russia’s gas company Gazprom reported that it had stopped at 0500 GMT after Ukraine declined to renew a transit deal. Russian gas exports through Ukraine via Soviet-era pipelines were stopped…

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Sharjah Ruler Approved The Largest Budget For 2025

The Business PinnacleDecember 24, 20240221 views

Wam reports that spending is up 2% from the 2024 budget, with salaries and wages accounting for 27% and operating expenses 23%. Sharjah Ruler, Sheikh Dr. Sultan bin Muhammad Al…

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Japan Going To Revamp Their Nuclear Power Breaking Free From Fukushima Era

The Business PinnacleDecember 17, 20240178 views

The revised energy policy should also help Japan, the fifth largest emitter of carbon dioxide, boost its decarbonization efforts Japan’s government plans to increase the use of nuclear energy, dropping…

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Germany’s Situation Continues To Spiral When Europe Needs It Most

The Business PinnacleDecember 16, 20240196 views

Europe’s largest economy, Germany, is on a path of decline that might soon become irreversible. Germany is approaching a critical point. Business leaders are aware, and citizens can feel it,…

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TikTok Addictive Algorithm Causes More Carbon Footprint than Greece, Study Shows

The Business PinnacleDecember 13, 20240206 views

On average, one minute spent scrolling through TikTok would cause 2.921 grams of CO2e. A recent analysis of social media platforms’ impact on the environment shows TikTok‘s annual carbon emissions…

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UK Government Plans Massive Layoffs Of Over 10,000 Civil Service Jobs

The Business PinnacleDecember 12, 20240219 views

UK Ministers plan to implement large-scale layoffs after an increase in civil service jobs to more than 513,000 this year, a 34% increase from 2016. The government plans to cut…

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AE Coin: UAE Soon to Launch Its First Fully Regulated Digital Currency

The Business PinnacleDecember 11, 20240226 views

AE Coin is the first stable coin of its type, created to provide secure, scalable, and fully regulated transactions. AE Coin, the first regulated digital currency in the United Arab…

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China Investigates Nvidia for Antitrust Violations Amid US-China Tech Wars

The Business PinnacleDecember 10, 20240170 views

Nvidia’s investigation comes after the US implemented its third enforcement action against the Chinese semiconductor industry in three years. China announced on Monday that it has launched an investigation into…

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

The Business PinnacleDecember 9, 20240237 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, 20240646 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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