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Mubadala Asset Base Increases to $326B with AI, Healthcare Investments

US Renewable Energy Hits New High, But Faces Roadblocks by Trump

Pony AI and Uber Partner to Expand Robotaxi Services in Global Markets

Elon Musk finalizes $44 billion Twitter buyout

The Business PinnacleOctober 28, 20220527 views

Elon Musk, the business magnate, and investor have finalized his $44bn (£38.1bn) buyout of Twitter and in his first move, he fired top executives of the social media platform. Musk…

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EdgeQ and Vodafone partners to develop the next-generation software-programmable 5G ORAN platforms

The Business PinnacleOctober 27, 20220492 views

EdgeQ Inc, a leading innovator delivering the world’s first 5G Base Station on-a-chip, and Vodafone, a leading telecommunications mobile operator in Open Radio Access Network (ORAN), have partnered to create…

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Safanad and Global School Management propose investments of US$200 million in the MENA education sector

The Business PinnacleOctober 27, 20220481 views

Safanad and Global School Management (GSM), an international education platform, announced an initial strategic investment of US$200 million in the region’s education sector and a commitment to invest notably beyond…

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Toshiba estimated at $16 billion in a consortium led by JIP in a buyout proposal, sources say

The Business PinnacleOctober 24, 20220338 views

A consortium led by Japan Industrial Partners Inc. is contemplating a takeover of Toshiba Corp. at an estimate of around JPY 2.4 trillion ($16.1 billion) in what could be Asia’s major buyout proposed this…

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OneWeb confirms the successful launch of its 36 satellites by ISRO/NSIL in Sriharikota, India

The Business PinnacleOctober 24, 20220385 views

OneWeb, the low Earth orbit (LEO) satellite communications company on Sunday confirmed the successful launch of its 36 satellites by NewSpace India Limited (NSIL), from the Satish Dhawan Space Centre…

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PepsiCo announces the continuation of its second round of projects funded by its Global Agriculture Accelerator, the PAO Fund

The Business PinnacleOctober 21, 20220483 views

PepsiCo today announced the continuation of its second round of projects funded by global agriculture accelerator, the Positive Agriculture Outcomes (PAO) Fund, by granting 14 business projects through 11 countries…

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Bayanat is set to raise $171 million in an Initial Public Offering (IPO) backed by Silver Lake

The Business PinnacleOctober 21, 20220704 views

Bayanat AI PLC, a public company limited by shares incorporated in the Abu Dhabi Global Market acts as a holding company is now set to become the first-of-its-kind technology venture…

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Procter & Gamble sales and revenues get a boost amid price surges

The Business PinnacleOctober 20, 20220621 views

Procter & Gamble Co beat estimates for quarterly sales and profit on Wednesday, as price surges on everything from Head & Shoulders shampoo to Tide detergent helped moderate the effect…

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Nestle acquires Seattle’s Best Coffee – furthers strengthening coffee business in North America

The Business PinnacleOctober 20, 20220332 views

This transaction also strengthens the ”Global Coffee Alliance” Nestle, the Swiss multinational food and beverage processing conglomerate has announced that it will acquire Seattle’s Best Coffee brand from the US…

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Automobili Pininfarina appoints Nine Motors as its official retail partner in Saudi Arabia: further expanding its presence in the GCC

The Business PinnacleOctober 19, 20220469 views

A subsidiary of ”The Leading Holding Co., (TLHC)”, Nine Motors would be responsible for the sales and service of Automobili Pininfarina’s award-winning Battista Luxury Italian carmaker, Automobili Pininfarina has appointed…

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