12 h. ago Hurricanes owner Tom Dundon strikes tentative deal to buy the Portland Trail Blazers

Paul Allen’s estate has agreed to a tentative agreement to sell the Portland Trail Blazers to a group led by Carolina Hurricanes owner Tom Dundon, a person with knowledge of the negotiations tells The Associated Press

Economics

66 h. ago Nvidia and AMD agree to pay 15% of China chip export revenues to US

Unprecedented deal, an apparent reversal of security restrictions, is in return for licences to sell to ChinaThe chipmakers Nvidia and AMD have agreed to give the US government 15% of their revenue from advanced chips sold to China in return for export licences to the key market.The unprecedented move, an apparent reversal of US national security restrictions on the chip sales, signalled an easing in the US-China trade war. Continue reading...

Politics

7 d. ago Myprotein owner THG cuts profit outlook after deal to sell flavourings brand

THG said it acquired Claremont for £52 million five years ago and had agreed to sell it for double the price.

Economics

7 d. ago Liverpool transfer news: Darwin Nunez 'agreement' reached as star set for big money exit

Liverpool have reportedly reached an agreement to sell Darwin Nunez with the Anfield flop set to end his spell with the Reds - but there remains one crucial sticking point

Politics

8 d. ago NFL and ESPN reach nonbinding agreement for sale of NFL Network and other media assets

The NFL has entered into a nonbinding agreement to sell NFL Network and other media assets to ESPN

Economics

1 week ago The Guardian view on the green transition: renewables are the future – but countries’ actions must catch up with their promises | Editorial

To counter attacks on net zero, challenges including the need for grid upgrades will have to be graspedWith net zero policies under attack from elected far-right populists as well as autocratic petrostates, and another summer of record-breaking temperatures in Europe, the failure to decarbonise the world’s power supply is as gravely concerning as ever. But the UN secretary general, António Guterres, struck an optimistic note in a recent speech in New York. The world, he said, “is on the cusp of a new era The sun is rising on a clean energy age.” Pointing to falls in the cost of onshore wind and solar, and the risk of further gas-price shocks in future, he called on big technology companies – whose datacentres are one reason for soaring energy use – to adopt a target of 100% low-carbon electricity by 2030.Given US president Donald Trump’s personal hostility to renewable energy, Mr Guterres may be right that it makes more sense to demand action from US businesses at this point. In Sco...

Politics

3 w. ago Man Utd agree to sell Marcus Rashford to Barcelona after forcing him to train alone

Marcus Rashford, who fell out of favour with Ruben Amorim, is one of five players at Old Trafford searching for a new club, with Jadon Sancho, Alejandro Garnacho, Antony and Tyrell Malacia

Politics

3 w. ago BP agrees to sell US onshore wind business as it shifts back to oil

Company to sell business for undisclosed sum to LS Power as part of plan to offload $20bn in assetsBP has agreed a deal to sell off its onshore wind business in the US as the oil multinational turns its back on renewable energy after a failed attempt to go green.The company said it would sell its share of 10 windfarms, which generate enough clean energy to power more than 500,000 US homes, to the New York-headquartered LS Power. Continue reading...

Politics

3 w. ago BP offloads US onshore wind business as it pivots back to oil

Sale to LS Power is part of plan to generate $20bn from divestments

Politics