Tag: threat

Chinese chip giant SMIC ‘in shock’ after US trade ban threat

By Leo KelionTechnology desk editor image copyrightGetty Images/SMIC China’s largest chip manufacturer’s stock sank after the US revealed it could be its next trade ban target. Semiconductor Manufacturing International Corporation (SMIC) said it was “in complete shock and perplexity” after the Pentagon revealed it had proposed the firm be added to a government blacklist. This would restrict suppliers from providing… Read more →

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Court threat to housebuilders over leasehold ‘trap’

Image copyright Getty Images Four of the UK’s largest housebuilders are being investigated after “troubling evidence” was uncovered over the way leaseholds were sold. Barratt Developments, Countryside Properties, Persimmon Homes and Taylor Wimpey face action from the Competition and Markets Authority (CMA). Buyers have argued that they were caught in a leasehold trap, with rising ground rents and unfair fees.… Read more →

Coronavirus: Climate change ‘bigger threat’ than Covid-19

Image copyright Getty Images Image caption NHS workers want scientists involved in planning for a post-coronavirus Wales Poor air quality and climate change pose a bigger threat to people’s health and the economy than coronavirus, NHS staff have warned. BBC Wales has seen a letter – sent on behalf of hundreds of healthcare bodies representing millions of professionals – to… Read more →

Coronavirus: 75 jobs under threat at Titanic Belfast visitor centre

Image caption Titanic Belfast opened in 2012, coinciding with the centenary of the Belfast-built ship’s maiden voyage The BBC understands that 75 jobs are under threat at the Titanic Belfast visitor centre. The company has started a consultation over the potential redundancies. It is understood a further 11 positions are under threat at TBL International, an events company linked to… Read more →

Protest over tissue factory closure threat

Image caption Unite union officer Daryl Williams says questions remain over the jobs decision About 150 people have protested over plans to shut a tissue paper factory – with the loss of 94 jobs.. Northwood Hygiene Products announced in May plans to close the site at Penygroes, near Caernarfon in Gwynedd. The company has blamed a drop in demand from… Read more →