40 h. ago China poised to lift ban on chips exports to European carmakers after US deal

Dispute began with Dutch government takeover of Nexperia and China halting exports, threatening European car productionThe vital flow of chips from China to the car industry in Europe looks poised to resume as part of the deal struck last week between Donald Trump and his Chinese counterpart, Xi Jinping.The Netherlands has signalled that its standoff with Beijing is close to a resolution amid signs China’s ban on exports of the key car industry components is easing. Continue reading...

Economics

42 h. ago Nexperia chip exports from China have resumed, says car parts supplier

Beijing had blocked exports of vital carmaking component after row with Dutch government

Politics

8 d. ago Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – as it happened

Rolling coverage of the latest economic and financial newsSouthern Water has ended its three month hosepipe ban that covered most of Hampshire and the Isle of Wight.The water company, which told its customers that the River Test and River Itchen were at “critically low levels” in July, said it was able to lift the ban after wet weather in September and October.We’re incredibly grateful to our customers for their support and understanding during this challenging time.By working together, we’ve not only saved millions of litres of water each day, but also helped protect our precious chalk streams. Continue reading...

Politics

8 d. ago Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – business live

Rolling coverage of the latest economic and financial newsSouthern Water has ended its three month hosepipe ban that covered most of Hampshire and the Isle of Wight.The water company, which told its customers that the River Test and River Itchen were at “critically low levels” in July, said it was able to lift the ban after wet weather in September and October.We’re incredibly grateful to our customers for their support and understanding during this challenging time.By working together, we’ve not only saved millions of litres of water each day, but also helped protect our precious chalk streams. Continue reading...

Politics

8 d. ago Trump calls for Senate to scrap filibuster in order to force end to month

Snap food benefits are set to run out this weekend as shutdown comes close to matching the record of 2018-2019A US Republican senator is asking President Donald Trump’s administration to help the Malaysian government prevent US artificial intelligence chips from being smuggled through the country to China, according to a letter seen by Reuters.Reuters has previously reported that US officials believe Malaysia is among a handful of countries where organized smuggling operations have worked to get US chips into China that would otherwise be banned from export to China.To support the semiconductor industry in their efforts, it may be beneficial for US and Malaysian officials to develop priority customs clearance procedures for shipments of advanced U.S. chips with anti-diversion mechanisms.These attacks and their mounting human cost are unacceptable. The US must halt such attacks and take all measures necessary to prevent the extrajudicial killing of people aboard these boats.Otherwise...

Politics

1 week ago EU carmakers ‘days away’ from halting production as chip crisis deepens

European Automobile Manufacturers’ Association say carmakers are relying on reserve stock of Nexperia chip after China’s export banCarmakers in the EU are “days away” from closing production lines, the industry has warned as a crisis over computer chip supplies from China escalates.The European Automobile Manufacturers’ Association (ACEA) issued an urgent warning on Wednesday saying its members, which include Volkswagen, Fiat, Peugeot and BMW, were now working on “reserve stocks but supplies are dwindling”. Continue reading...

Events

2 w. ago Israeli embassy in UK hits out at ‘hostility’ after Maccabi Tel Aviv row

Maccabi Tel Aviv will not take up its allocation of away tickets for the game against Aston Villa despite efforts to lift a ban on travelling fans.

Politics

3 w. ago Home Office offers extra resources in bid to undo ban on Maccabi Tel Aviv fans at Aston Villa tie

No 10 says discussions happening ‘at pace’ with West Midlands police asked to provide alternate proposalsThe Home Office is offering extra support to West Midlands police in an effort to reverse its ban on fans of the Israeli football team Maccabi Tel Aviv attending a match at Villa Park next month.After a political outcry about the police decision that would stop Israeli fans going to the match, Downing Street said on Friday that discussions were happening “at pace across government” to resolve the issue. Continue reading...

Society

3 w. ago Ministers locked in talks over ban on Maccabi Tel Aviv fans at Aston Villa tie

No 10 says discussions happening ‘at pace’ to resolve issue after decision by West Midlands police to issue banUK politics live – latest updatesMinisters have been locked in talks in an attempt to persuade West Midlands police to reverse a ban on fans of the Israeli football team Maccabi Tel Aviv attending a match at Villa Park next month.After a political outcry about the decision, Downing Street said on Friday that discussions were happening “at pace, across government” to resolve the issue. Continue reading...

Politics

3 w. ago West Midlands police pressed over ban on Maccabi Tel Aviv fans at Aston Villa tie

Area’s crime commissioner demands review and culture secretary to speak to Home Office over decisionUK politics live – latest updatesPressure is mounting on West Midlands police over their ban on fans of the Israeli football team Maccabi Tel Aviv from a match at Aston Villa next month, as the area’s crime commissioner demanded a review of the decision.Senior cabinet ministers, including Shabana Mahmood, the home secretary, and Lisa Nandy, the culture secretary, are due to meet on Friday to “find a way through”, after the ban was criticised by politicians across the spectrum including the prime minister. Continue reading...

Events

3 w. ago Police under rising pressure over ban on Maccabi Tel Aviv fans at Aston Villa tie

West Midlands crime commissioner demands review as ministers meet to ‘find a way through’UK politics live – latest updatesPressure is mounting on West Midlands police over their ban on fans of the Israeli football team Maccabi Tel Aviv from a match at Aston Villa next month, as the area’s crime commissioner demanded a review of the decision.Senior cabinet ministers, including Shabana Mahmood, the home secretary, and Lisa Nandy, the culture secretary, are due to meet on Friday to “find a way through”, after the ban was criticised by politicians across the spectrum, including the prime minister. Continue reading...

Events

3 w. ago Government officials seek to lift ban on Maccabi Tel Aviv fans at Aston Villa tie

Culture secretary to speak to Home Office as minister says barring Israeli supporters is ‘utterly unacceptable’UK politics live – latest updatesSenior government officials will meet on Friday as they look to reverse a decision by West Midlands police to ban fans of the Israeli team Maccabi Tel Aviv from a European match at Aston Villa next month.Ian Murray, a minister in the Department for Culture, Media and Sport, said on Friday the decision to ban travelling supporters was “completely and utterly unacceptable” and that the culture secretary, Lisa Nandy, would meet officials from the Home Office and elsewhere to discuss it. Continue reading...

Politics