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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

Hesai Profits Hit 10X Jackpot Fueled by Sales Boom in Europe’s Self-Driving EV Market

The Business PinnacleMarch 13, 20250142 views

Hesai proudly announced that the next-gen cars of leading European carmakers would use its advanced ultra-long-range automotive lidar over the next ten years. Hesai Group might get golden eggs as…

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Iraq Rushes to Build LNG Terminal to Tackle Loss of Iranian Gas Supplies

The Business PinnacleMarch 12, 20250157 views

Iraq, the second-largest OPEC producer after Saudi Arabia, struggles to generate enough energy due to production and transmission inefficiencies. Iraq is accelerating the construction of an offshore liquified natural gas…

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Nasdaq 100 Suffers Largest Decline Amid Growing Recession Fears

The Business PinnacleMarch 11, 20250118 views

Nasdaq 100 Index fell 3.8% as Monday’s selling wiped off over $1 trillion. Nasdaq shares saw their biggest one-day decline since 2022 as investors abandoned long-standing market leaders due to…

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Virgin Group Raises £700m to Challenge Eurostar’s Dominance in the Channel Tunnel

The Business PinnacleMarch 10, 20250161 views

Eurostar is the only company that has transported foot passengers across the Channel during the 30-year tunnel’s operation. Eurostar has dominated the Channel Tunnel route since its launch in 1994,…

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China Shows Trade Surplus of $540bn Despite Rising US Tariffs

The Business PinnacleMarch 7, 20250135 views

Last year, China recorded a record-breaking trade surplus, with exports up 5.9% and imports up 1.1% year-over-year. When Trump announced high tariffs on China, it raised concerns about whether the…

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Qatar’s Banking Sector Shows Strong Start in 2025 with Robust Growth in Loans and Deposits

The Business PinnacleMarch 6, 20250175 views

Qatar National Bank reports the total assets decreased by 0.3 percent in January to QR2.040 trillion. Qatar’s banking sector hit the ground running in January, with the loan book and…

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Saudi Arabia and Lebanon to Reassess Resuming Imports and Lifting Travel Ban

The Business PinnacleMarch 5, 20250147 views

Saudi Arabia was the top destination for Lebanese agricultural exports in 2019. Saudi Arabia will examine “obstacles” to resuming Lebanese imports and end the ban on citizens traveling to Lebanon.…

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GCC Bonds and Sukuk Issuances Jump by 55%, Led By Saudi Arabia

The Business PinnacleMarch 4, 20250143 views

The Kingdom secured €2.25 billion through euro-denominated bond sale in February. It is a good day for Saudi Arabia as primary debt issuances of bonds and sukuk in the Gulf…

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Saudi Banks Cross $800 Billion In Corporate Lending

The Business PinnacleMarch 3, 20250146 views

Over the past year, corporate loans expanded by 18.5%, overtaking the retail lending growth which capped at 10.5% in Saudi Arabia. Saudi bank loans surpass $801.6 billion (SR3 trillion) for…

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Huawei, Vivo, and Xiaomi Dominate the China’s Smartphone Market as Subsidies Drive Sales

The Business PinnacleFebruary 28, 20250180 views

Huawei claimed second place in China last year, while Xiaomi was closely behind. Huawei Technologies took the gold in China’s smartphone market in January. Thanks to the government subsidy scheme…

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