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Nvidia Wants to Restart H20 AI Chip Shipment to China Amid Tight US Restrictions

Kuwait Upgrades its Capital Market to Make it More Competitive and Attract Global Investments

Japan’s Succession Crisis Pushes Elevator Business Up 6000%

Bank Of Japan Dapples With Increasing Interest Rates If Economy Continues To Recover

The Business PinnacleNovember 20, 20240209 views

With wages increasing, consumption and capital expenditure were also expanding, thus making it a good time for the Bank of Japan to increase its interest rate. The Bank of Japan…

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Oman Must Focus On Non-Oil Revenue for Economic Growth, Says IMF

The Business PinnacleNovember 19, 20240220 views

Oman’s economic trajectory will be significantly impacted by its global oil dynamics with Opec+ cuts, and changing demand projections will impact the country’s hydrocarbon revenue and overall growth prospects. Oman‘s…

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Alibaba’s $5 Billion Bond Deal To See Light As Company Dapples In AI-Driven Models To Expand Consumption 

The Business PinnacleNovember 18, 20240265 views

Alibaba said that the money raised through these bonds will be used to repay debts and to fund share repurchases.  Reuters has reported that the Chinese company Alibaba, according to…

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Merchandise Trade Deficit Surges Just As India Becomes EU’s Largest Refined Oil Exporter 

The Business PinnacleNovember 15, 20240268 views

Officials are convinced that the increase in merchandise growth in India amidst the persisting geopolitical upheavals indicates an economy that is in recovery in the post-pandemic years.  India’s merchandise trade…

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Apple Accused Of Cloud Monopoly Faces £3 Billion Lawsuit

The Business PinnacleNovember 14, 20240217 views

The case claimed that Apple had violated UK competition law by providing preferential treatment to its iCloud storage service Apple is facing a lawsuit for around £3 billion due to…

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Multilateral Development Banks Pledge A Whopping $120 Billion In Climate Finance At COP29

The Business PinnacleNovember 13, 20240264 views

The amount these MDBs have resolved to raise at COP29 will go into supporting poor countries to reduce their greenhouse gas emissions and transition from fossil fuel to renewable energy.…

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Bluesky Booms As X Continues Into A Downward Spiral

The Business PinnacleNovember 12, 20240332 views

Users are preferring Bluesky to Elon Musk’s X, particularly in the wake of the tech giant’s unwavering support towards Donald Trump. Social media platform Bluesky has gained nearly 700,000 new…

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Saudi Arabia’s Bid to Host the FIFA World Cup 2034 Challenged Over Human Rights Issues: Amnesty

The Business PinnacleNovember 11, 20240222 views

Sport & Rights Alliance (SRA) and Amnesty International stated that FIFA must stop the process of picking Saudi Arabia as the host of the 2034 World Cup unless major human…

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Fed Lowers US Interest Rates by 25 Basis Points, Focuses on Long-Term Economic Growth

Violet DawsonNovember 8, 20240270 views

The Central bank is not moving towards a neutral rate where the interest rates neither shrink nor grow the economy. The Federal Reserve is lowering US interest rates by 25…

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All Eyes on America: How Trump’s Win Will Affect Nations Worldwide

The Business PinnacleNovember 7, 20240239 views

Trump will continue to protect US interests and maintain alliances based on their strengths and weaknesses—and his taste. Donald Trump made a historic political comeback to become the 47th president…

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