In IT, Innovation and Startups
TSMC to invest 40 billion in two US plants
The Taiwanese chipmaker TSMC is going to build two plants in the United States. The arrival of the factories involved 40 billion dollars – one of the largest…
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If properly applied, those new rules will wreck the European industry
Goods that cause deforestation will soon no longer be welcome in EU countries. Negotiators from the European Parliament and the member states have reached an agreement on it.…
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Tesco installed a charity ‘Give Back Express’ in London
Tesco had a pop-up Tesco open last weekend for three days in which you as a customer can ‘buy’ items and then donate them via Tesco. This is…
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In IT, Innovation and Startups
Amazon to open smaller deliver hubs to curb the emissions
In London, two new small delivery hubs will soon be opened by Amazon, from there packages should be delivered to customers by bike and above all also on…
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FTX misery spills contagion all over the centralised exchanges
If you haven’t been living under a rock, then you’ve been told that FTX is currently in big trouble and that there’s no chance they’ll survive those problems.…
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In IT, Innovation and Startups
Nexperia has to sell Newport Wafer Fab: the government
Nexperia has to give up its chip factory Newport Wafer Fab in Wales last year due to a “national security risk”. Nexperia company has a Chinese owner. Economic…
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Foreign Secretary Greg Hands on an official trip to Taipei
Foreign Secretary Greg Hands will visit Taiwan on Monday. He will meet Taiwan president Tsai Ing-wen and co-chair the annual trade talks between the United Kingdom and Taiwan.…
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Bank of England’s policy to pay banks interest on the reserves should be abandoned – Charlie Bean
Britain should consider changing the Bank of England’s policy to pay banks interest on the reserves they hold there, former BoE Deputy Governor Charlie Bean said on Tuesday.…
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Looking for the worst hedge against inflation?
A potentially toxic cocktail for the housing market is looming. Falling real incomes, rapidly rising interest rates and a looming recession put an abrupt end to the housing…
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Rishi Sunak set to take 10 Downing Street
Boris Johnson has resigned from the Conservative party. This paves the way for former finance minister Rishi Sunak to succeed Liz Truss as prime minister. Johnson, who stepped…
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