
-
French creche worker gets 25 years for killing baby with drain cleaner
-
UK avoids worst US tariffs post-Brexit, but no celebrations
-
Canada imposing 25% tariff on some US auto imports
-
Ruud wants 'fair share' of Grand Slam revenue for players
-
Lesotho, Africa's 'kingdom in the sky' jolted by Trump
-
Trump's trade math baffles economists
-
Gaza heritage and destruction on display in Paris
-
'Unprecedented crisis' in Africa healthcare: report
-
Pogacar gunning for blood and thunder in Tour of Flanders
-
Macron calls for suspension of investment in US until tariffs clarified
-
Wall St leads rout as world reels from Trump tariffs
-
Mullins gets perfect National boost with remarkable four-timer
-
Trump tariffs hammer global stocks, dollar and oil
-
Authors hold London protest against Meta for 'stealing' work to train AI
-
Tate Modern gifted 'extraordinary' work by US artist Joan Mitchell
-
Mexico president welcomes being left off Trump's new tariffs list
-
Tonali eager to lead Newcastle back into Champions League
-
Lesotho hardest hit as new US tariffs rattle Africa
-
Stellantis pausing some Canada, Mexico production over Trump auto tariffs
-
Rising odds asteroid that briefly threatened Earth will hit Moon
-
Italy reels from Brignone broken leg with Winter Olympics looming
-
Is the Switch 2 worth the price? Reviews are mixed
-
Ancelotti’s tax trial wraps up in Spain with prosecutors seeking jail
-
Civilians act to bring aid to Myanmar earthquake victims
-
US trade gap narrows in February ahead of bulk of Trump tariffs
-
Stocks, dollar and oil sink as gold hits high on Trump tariffs
-
Countries eye trade talks as Trump tariff blitz roils markets
-
Arsenal defender Gabriel out for rest of the season
-
Trump says US to emerge 'stronger' as markets tumble over tariffs
-
Wiegman says Belgium games can aid England's women's Euros title defence
-
Prosecutors demand jail term for Ancelotti for tax fraud
-
Syria accuses Israel of deadly destabilisation campaign
-
Skiing World Cup champion Brignone suffers broken leg
-
Iconic Paris hotel Lutetia taken over by Mandarin Oriental
-
Nepal capital chokes as wildfires rage
-
AI could impact 40 percent of jobs worldwide: UN
-
'Shocking': US tariffs worse than feared for Vietnamese exporters
-
Liverpool's Slot happy to let Premier League title bid take its course
-
USA sole bidder for 2031 Women's World Cup, UK set to host in 2035
-
Tesla sales fall again in Germany amid Musk backlash
-
Italy's skiing champion Brignone air-lifted to hospital after crash
-
US trade partners eye talks after Trump tariff blitz
-
Evenepoel adds Tour de Romandie to comeback programme
-
Defending champion I Am Maximus heads final field for Grand National
-
Rubio says US committed to NATO - but tells allies to spend more
-
Dollar, stocks sink as gold hits high on Trump tariffs
-
India eyes opportunity despite Trump tariffs hit
-
UK show reveals tawdry tale of Shakespeare folio theft
-
Top Russian official in Washington for talks on improving ties
-
Sinner's former physio to blame for failed dope tests, says ex-physical trainer
CMSC | -0.81% | 22.32 | $ | |
RBGPF | -0.41% | 67.72 | $ | |
BCC | -6.49% | 95.85 | $ | |
NGG | 5.18% | 69.37 | $ | |
CMSD | -1.11% | 22.58 | $ | |
BTI | 3.81% | 41.845 | $ | |
RYCEF | 0.2% | 9.8 | $ | |
GSK | 2.9% | 38.765 | $ | |
SCS | -5.87% | 10.825 | $ | |
RIO | -1.58% | 58.97 | $ | |
RELX | 1.12% | 51.56 | $ | |
JRI | -1.36% | 12.865 | $ | |
AZN | 3.1% | 74.53 | $ | |
BCE | 1.67% | 22.19 | $ | |
VOD | 2.56% | 9.36 | $ | |
BP | -7.15% | 31.555 | $ |

US lawmakers mull computer chips, China competition bill
US lawmakers were studying proposals Wednesday to jumpstart high-tech research and manufacturing, boost competition with China and ease a global shortage of crucial computer chips.
The House Democrats' "America Competes" bill, unveiled late Tuesday, is their version of the Senate's $200 billion US Innovation and Competition Act, aimed at addressing supply bottlenecks.
The move came after the US Commerce Department said Tuesday that companies have an average of less than five days' worth of semiconductor chips on hand, leaving them vulnerable to shutdowns.
President Joe Biden wants to invest $52 billion in domestic research and production, but House Democrats have been sitting on a bill that passed the Senate in June with cross-party support.
Speaker Nancy Pelosi recently listed the package as a top priority, with supply chain issues increasingly worrying manufacturers.
The White House, which sees the initiative as the main legislative tool to combat China's growing prowess, has also been pushing the House of Representatives behind the scenes to move the bill quickly.
"The proposals laid out by the House and Senate represent the sort of transformational investments in our industrial base and research and development that helped power the United States to lead the global economy in the 20th century and expand opportunity for middle class families," Biden said in a statement late Tuesday.
Chip demand is currently 20 percent higher than its level in 2019, according to government officials, and companies expect more orders than supply for another six months.
The 2,900-page House version of the bill is set to be controversial, however, as it includes a proposal that the US Chamber of Commerce pushed to be taken out of the Senate bill -- new government screening protocols for investments in US rivals such as China.
Meanwhile, Republicans complained they had been left out of discussions to formulate the package.
"We have been in talks with House and Senate committees of jurisdiction for weeks, trying to put together a bipartisan bill that could pass Congress," Texas Republican congressman Michael McCaul said in a statement.
"Rather than allowing those talks to play out, Speaker (Nancy) Pelosi and House Democrats have decided to torpedo the chance of a bipartisan, bicameral bill to confront the generational threat posed by the Chinese Communist Party."
C.Kovalenko--BTB