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Chip deal: Why the US is taking a cut from China sales
Posted onSuranjana Tewari Asia Business Correspondent in Singapore Getty Images Nvidia boss Jensen Huang has been lobbying the White House over China chip sales Unusual. Quid pro quo. Unprecedented. That is some of the reaction to news that two of the world’s tech giants will pay the US government 15% of their revenue from selling certain…
US considers lifting sanctions on some Iranian oil
Posted on“To put it mildly, this is bananas,” said David Tannenbaum, director of Blackstone Compliance Services, a consultancy specialising in maritime sanctions. “Essentially we’re allowing Iran to sell oil, which could then be used to fund the war effort.”
Why Startups Fail: 11 Mistakes Founders Keep Making
Posted onSed arcu non odio euismod lacinia. Sit amet cursus sit amet dictum sit. Nunc pulvinar sapien et ligula ullamcorper. Pellentesque diam volutpat commodo sed egestas. Tellus elementum sagittis vitae et leo duis ut diam quam. Eleifend donec pretium vulputate sapien nec sagittis aliquam malesuada bibendum. At risus viverra adipiscing at in tellus. Duis at tellus…
Starbucks workers and unions in 10 countries to protest in support of US baristas
Posted onStarbucks workers and union members in England, Scotland and eight other countries are set to protest on Wednesday in support of striking US employees, the company’s US union told the BBC. Starbucks Workers United last month launched a strike, which the union said has expanded to 3,000 baristas in more than 100 US cities. Workers…
Busiest Christmas Eve for air travel, says aviation body
Posted onFaarea Masud & Simon BrowningBBC News Getty Images The number of passengers passing through UK airports will be the most ever seen on any Christmas Eve since records began in 1972, the Civil Aviation Authority (CAA) said. It projects over 335,000 people will be flying in the UK on Wednesday, which is up 5% from…
