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The British Gas owner also said it has postponed its capital markets event planned for Nov. 16 so that it can focus on the wider industry efforts in the U.K. due to the current unprecedented...
In late September, the Biden Administration took a variety of actions to address the ongoing global semiconductor shortage and the various supply chain disruptions caused by the...
POLITICO Industries pressure Washington to act as chip crisis worsens The Commerce Department held another summit with industry leaders this week as businesses try to get help with the chip shortage. Commerce Secretary Gina Raimondo has been meeting with executives from the tech, auto and semiconductors sectors this week. | Oliver Contreras-Pool/Getty Images Link Copied Washington’s pledge to pour tens of billions of taxpayer dollars into making more microchips in the U.S. is setting off behind-the-scenes squabbles among industries angling for a slice of the spoils. Commerce Secretary Gina...
Biden raises stakes for the dollar with Russia sanctions The US Presidentâs decision to ban US financial institutions from buying new sovereign Russian debt offers the first insight into his attitude to sanctions, and prompted concern about their overuse. Katrina Manson Save Share By using American banks as a cudgel against Russia, Joe Biden has shown his willingness to weaponise the US financial system against foes, continuing a tactic honed during the Obama years and dramatically ramped up under Donald Trump. Bidenâs decision to ban US financial institutions from buying new sovere...
U.S. factories are thriving thanks to unexpectedly strong demand for all kinds of goods, but that is also leading to unexpected headaches.