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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%

IMF and World Bank Tackle Global Issues Amid Political and Economic Strain

Violet DawsonOctober 21, 20240216 views

Economic global damage has been primarily concentrated in or near the combat zones: Gaza, the West Bank, Israel, Lebanon, Egypt, and Jordan Global finance executives will gather in Washington this…

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US Treasury Bets On AI to Tackle Financial Frauds, Recovers $1 Billion

Violet DawsonOctober 18, 20240223 views

The US Treasury Department’s bet on artificial intelligence (AI) to fight against financial crime is paying off. Machine learning AI helped the US Treasury search a massive volume of data…

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Negative Media Representation Hurts Africa’s Economy by £3.2B Annually, Study Reveals

The Business PinnacleOctober 17, 20240233 views

The persistent stereotypes in the media about Africa have a negative impact. Africa is losing up to £3.2 billion annually in inflated interest payments on sovereign debt due to negative…

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IEA Predicts A New Era of Cheaper Fossil Fuel as World Shifts Towards Renewables

Violet DawsonOctober 16, 20240216 views

Investments in new fossil fuel projects have surpassed global demand. Fossil fuels could soon become noticeably cheaper and more abundant as the countries speed up the transition to renewable energy…

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Malaysia Sheds Its ‘World’s Worst Stock Market’ Label As Market Rebounds

The Business PinnacleOctober 15, 20240259 views

Over the last ten years, a lack of economic competitiveness and political tensions have been obstacles to the performance of the Malaysian stock market. The stock market in Malaysia is…

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UK Gambling Industry Faces £3 Billion Hit Due to New Higher Tax Plans

The Business PinnacleOctober 14, 20240253 views

Online operators are subject to a 21% fee for remote gambling duty, which would increase to 50% under the IPPR proposal. Shares of British gambling companies went down sharply, lowering…

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IFS Warns of £25 Billion Tax Hikes as Labour Prepares to Restore Public Services

The Business PinnacleOctober 10, 20240217 views

The IFS says an additional £16 billion in tax hikes on top of manifesto pledges is not required if public service spending only increases in line with inflation. Keir Starmer’s…

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Shein Doubles Profit to £1.5 Billion in UK Sales, Putting Pressure On Asos and Boohoo

Violet DawsonOctober 9, 20240265 views

According to reports last week, Shein raised $66 billion last year and is going public in London. Shein, the Chinese-founded online fast fashion retailer, increased its profit at the UK…

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Egypt’s Sinai Railway as a 50-Year Milestone in Development and Connectivity

Rahil MOctober 8, 20240329 views

Prime Minister Mostafa Madbouly stated in October of last year that Egypt has been increasing its efforts to develop the Sinai Peninsula since the beginning of the Israel-Hamas conflict, with…

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Global Rivers Drying At The Fastest Rate in 30 Years Raising Alarms for Future Water Security

The Business PinnacleOctober 7, 20240258 views

River levels have been below average worldwide for the last five years Rivers have dried up at the fastest rate in thirty years, threatening the water supply for the world,…

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