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Trade deal: India and EU announce FTA amid Trump tariff tensions
Posted onAbhishek Dey and Arunoday Mukharji in India and Jessica Parker in Brussels EPA/Shutterstock (From left) European Council President António Costa, Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen in Delhi on Tuesday The European Union and India have announced a landmark trade deal after nearly two decades of on-off talks,…
President Trumps ban on wind energy permits unlawful, court rules
Posted onPresident Donald Trump’s ban on issuing new wind energy permits has been ruled “unlawful” by a US court. In January the president signed an executive order freezing federal approval of pending offshore and onshore wind permits, scrambling plans for many projects in the US that were already under way. Some 17 states and a New…
Nvidia and Microsoft bosses hail huge UK AI investment
Posted onZoe KleinmanTechnology editor and Faisal IslamEconomics editor Watch: UK is not giving up its digital sovereignty, Microsoft boss tells BBC Major US tech firms have pledged tens of billions of pounds worth of investment in the UK, with Nvidia Jensen Huang, predicting the country will become an “AI superpower”. The biggest single investment comes from…
OBR chair Richard Hughes resigns over Budget day publishing error
Posted onArchie Mitchelland Rachel Clun,Business reporters BBC/House of Commons Richard Hughes said he took “full responsibility” for the shortcomings identified in the report; Rachel Reeves thanked him for his service The chairman of the Office for Budget Responsibility (OBR) has resigned following the Budget day error which saw a key document published early. Richard Hughes said…
