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Rishi Sunak hired by Microsoft and Anthropic as paid adviser
Posted onRishi Sunak has taken up paid adviser roles at tech giant Microsoft and artificial intelligence start-up Anthropic. The former prime minister has been told he must not lobby ministers on behalf of the companies by the Advisory Committee on Business Appointments (Acoba), an independent watchdog which oversees the activities of former government figures. Sunak –…
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…
Why the US is buying icebreakers from Finland
Posted onAdrienne MurrayBusiness reporter, Helsinki Aker Arctic Technology Finland leads the world when it comes to the design and construction of icebreakers As President Donald Trump continues to insist that the US needs to own Greenland, his wider focus on the Arctic region has seen Washington order new icebreakers. For these ships, which can sail through…
The guards rise again: the force still shaping Iran
Posted onTo read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
Households face dismal rise in spending power, says IFS
Posted onPritti Mistry,Business reporterand Archie Mitchell Getty Images Households are facing a “truly dismal” increase in living standards after the Budget, the head of an influential think tank has warned as it accused Labour of breaching its manifesto promise. Average disposable income – a measure of people’s earnings after tax – will rise by just 0.5%…
