The Bahrain Conference: What the Experts and the Media Missed

Amid the constant recycling of commentary about the recent Democratic Party candidate debates, you might have thought the world was riveted only by this intra-family food fight. If you didn’t read or hear anything about last week’s Bahrain economic summit, you are not alone. But while U.S. media largely ignored this event, the global media […]

The British Royal Family’s Costs Are Skyrocketing. Here’s Why

How much does it cost to live like British royalty? At least ?67 million ($85.2 million) a year, according to figures released by Buckingham Palace this week. What’s more, it’s becoming more expensive: in the most recent fiscal year, costs jumped by ?19.6 million ($25 million), or 44%, on the previous year. So what’s behind […]

AMD Denies Improperly Giving Sensitive Chip Technology to China

Advanced Micro Devices on Friday denied a report that it had improperly transferred critical microprocessor technology to Chinese partners. On Thursday, The Wall Street Journal reported that AMD’s 2016 joint venture known as Tianjin Haiguang Advanced Technology Investment, or THATIC, allowed a company with ties to the Chinese military to obtain chip technology that could […]

A Fear at the G20 Summit: That the U.S.-China Trade War Turns Into a Currency Conflict

U.S. vacation-goers may want to buy their foreign currency early, because this weekend’s meeting of G20 leaders could be the moment where trade war morphs into currency war. Everything hinges on the meeting between President Donald Trump and his Chinese counterpart Xi Jinping on Saturday morning in Osaka, Japan. In a positive scenario, the two […]

The Family Behind Lego Sold Legoland In 2005. Now They’re Buying It Back

Something is awesome in the state of Denmark. The billionaire Danish family that owns Lego is taking back ownership of Legoland, 14 years after selling off a large stake in a time of financial crisis. On Friday, Merlin Entertaiments accepted an offer from Berkeley Bidco Ltd., an entity owned by KIRKBI Invests A/S, Blackstone Core […]

Trump and Putin Joke About U.S. Election Meddling at G20

With a smirk and a finger point, President Donald Trump dryly told Russia’s Vladimir Putin “Don’t meddle with the election” in their first meeting since the special counsel concluded that Russia extensively interfered with the 2016 campaign. The tone of the president’s comment, which came after a reporter asked if he would warn Putin, was […]

Trump and Putin Joke About Election Meddling At G20

With a smirk and a finger point, President Donald Trump dryly told Russia’s Vladimir Putin “Don’t meddle with the election” in their first meeting since the special counsel concluded that Russia extensively interfered with the 2016 campaign. The tone of the president’s comment, which came after a reporter asked if he would warn Putin, was […]

H&M Makes Sustainable Fashion Miscue in Norway

Global fast-fashion giant H&M’s environmental sustainability credentials are being questioned by a Norway consumer agency. According to Ecotextile, the company has run afoul of the Norwegian Consumer Authority, which claims the brand’s Conscious collection is misrepresenting its “sustainability credentials” with “symbols, statements and colors.” H&M describes the collection, including t-shirts, knit blouses, and shoulder-baring frocks, […]

Broadcom Is Reeling from the Huawei Ban. Now It Faces Big Antitrust Trouble in Europe

This isn’t turning out to be a great month for Broadcom. Less than two weeks ago, the California chip giant had to knock 8% off its 2019 revenue outlook, thanks to the ban on U.S. companies supplying China’s Huawei, the world’s biggest telecoms equipment firm. That took 8% off Broadcom’s share price. Now the company […]