‘It’s a wake-up call’: Dutch row with Chinese chipmaker that threatened global car industry
Exclusive: Dutch minister says tussle with Chinese-owned Nexperia was ‘like an economic thriller’ and is sobering lesson to world over its dependency on ChinaA bitter battle over the future of a Chinese-owned chipmaker in the Netherlands that threatened to cripple the global car industry is a “wake-up call to Europe and the west”, the minister at the heart of the row has warned.The six-week standoff between the EU and Beijing over Nexperia and its vital supplies of automotive semiconductors has served up a sobering lesson to world leaders over their dependency on China, says Vincent Karremans. Continue reading...
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UK economy grew by just 0.1% in third quarter amid hit from JLR cyber-attack
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Malcolm Turnbull accuses Liberals of ‘Trumpian campaign against renewables’ after party dumps net zero
Climate groups call backflip a ‘disaster’ while moderate Liberals worry about impact on winning back urban electoratesGet our breaking news email, free app or daily news podcastThe former Liberal prime minister Malcolm Turnbull says his party’s decision to dump a net zero emissions target shows it “does not take climate change seriously”, accusing the opposition of “a Trumpian campaign against renewables”.But while moderate sources are alarmed about the impact on winning back or retaining urban electorates, and climate groups called the backflip a “disaster”, the Liberal decision to scrap its own 2050 target and unwind Labor’s 2035 and renewable energy pledges has been praised by conservative MPs and campaigners. Continue reading...