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US to cut tariffs on Taiwanese goods after investment pledge
Posted onNatalie Sherman,Business reporterand Lily Jamali,North America Technology correspondent Bloomberg via Getty Images The US has been pushing to build up its semiconductor industry The US said it had agreed to cut the tariffs it charges on goods from Taiwan to 15%, in exchange for hundreds of billions of dollars in investment aimed at boosting domestic…
Gold and silver hit records as investors hunt for safety
Posted onThe gold price has hit another record high, trading above $4,400 (£3,275) an ounce for the first time. The price of the precious metal has risen on expectations the US central bank will cut interest rates further next year, analysts said. Gold started the year worth $2,600 an ounce, but geopolitical tensions, the Trump tariffs…
Birmingham charity’s appeal to give pushchairs to families in need
Posted onBBC Emma Martin said she wanted to give out at least 500 buggies to start with A charity wants to give out hundreds of pushchairs to families who cannot afford one. The Birmingham Playcare Network said four businesses had already come forward to give £12,000, which was enough to buy about 200, but it needed…
Ozempic maker Novo Nordisk’s board shaken up as directors quit
Posted onThe company behind weight-loss jab Wegovy and diabetes drug Ozempic will have a boardroom clear-out, with seven board members including the chairman set to depart. Novo Nordisk on Tuesday said chairman Helge Lund, vice chair Henrik Poulsen and five directors will not stand for re-election at an extraordinary investor meeting in November. The departures came…
