Business & Finance News

Taiwanese chip giant invests $40bn in US plant

The Biden administration is pushing ahead with plans to bring onshore production of key components in everything from phones to military jets. The announcement came as President Joe Biden and the Taiwan-based firm’s boss opened the factory in Arizona. It is one of the largest foreign investments in American history. TSMC is the world’s largest …

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Grant tax breaks to green businesses, CILT tells government

Grant tax breaks to green businesses, CILT tells government

President of Chartered Institute For Logistics and Transport (CILT), Mr Mark Amoamah,  has urged the Government to grant tax breaks for businesses using green technologies. The green technologies are innovative that help reduce greenhouse gas emissions, promote sustainable transportation, energy efficient technologies and clean energy. DOWNLOAD THE LEADING VIDEO CONFERENCING AND WEBINAR APP Mr Amoamah, …

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JUST IN Manchester United For Sale: Who might buy the football club?

The Glazer family, who bought the club in 2005 for £790m, say they are exploring “strategic alternatives”. It is thought they could sell it for £4bn-£4.5bn, though some have suggested higher sums. The move has been welcomed by fans, who have protested for years against the American family’s ownership. So who might be interested in buying the …

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Climate shocks to drive million Ghanaians into poverty — IFC calls for more action

A report from the World Bank paper estimates that, globally, up to 132 million people will be pushed into extreme poverty by climate change by 2030. The just released Ghana Country Climate and Development Report in Ghana estimates that at least one million more Ghanaians could fall into poverty due to climate shocks, if urgent …

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British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher?

Reports gathered from sources indicates that the British Pound held onto to yesterday’s gains through the Asian session today, with the US Dollar remaining under pressure after Fed commentary. THE LEADING VIDEO CONFERENCING AND WEBINAR APP FOR BUSINESS AND ORGANIZATIONS Remarks from Cleveland Fed President Lorretta Mester and Kansas City Chief Esther George appeared to lead the …

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