Author: Agence France-Presse

Clive Standish, the Swiss bank’s chief financial officer from 2004 until 2007, last year successfully challenged his ex-wife Anna Standish’s original 45 million-pound ($62 million) award from what was then a 133 million-pound estate.Read More

LONDON (Reuters) -British government bond prices fell by the most since October 2022 and the pound tumbled on Wednesday, after finance minister Rachel Reeves appeared visibly distressed in parliament, a day after the government sharply scaled back plans to cut benefits. The yield on the 10-year …Read More

Undersea cables lie on the seabed deep beneath the waves, making it difficult to detect network sabotage until after the fact. It is therefore easy for foreign governments, such as the People’s Republic of China (PRC, 中華人民共和國), to argue that one of their nations’ vessels causing the severance of an undersea cable is an accident. In a recent case, the perpetrator cited an ‘accident’ as the reason for cutting an undersea cable around Taiwan for the fourth time this year. However, in a major shift regarding Taiwan’s national security, on June 12, a Chinese national—who was the captain of a…

On a mid-May evening in Tokyo, Paraguayan President Santiago Peña Palacios addressed a gathering of representatives, lawmakers, and diplomats from countries without formal diplomatic relations with the Republic of China (Taiwan). Beside President Peña stood Representative Lee I-yang (李逸洋), Taiwan’s de facto ambassador to Japan. The two were addressing a trilateral “friendship reception” co-hosted by the Paraguayan Embassy and the Taipei Economic and Cultural Representative Office in Japan. “Paraguay stands proudly as a bridge between Japan and Taiwan,” President Peña declared, affirming the small landlocked South American country’s role as a connector between Taiwan and countries outside Taipei’s formal diplomatic…

A group of tech billionaires led by Anduril co-founder Palmer Luckey are launching a new crypto-focused U.S. bank to fill the void left by Silicon Valley Bank’s collapse, the Financial Times reported on Wednesday, citing people familiar with the matter.Read More

Atomic-6 won a $2M contract from SSC to continue development of its Light Wing solar array, which collapses to enable RPO and stealth missions.Read More

Global professionals can’t be stymied by dead batteries or flimsy gadgets. Here are WIRED and Condé Nast Traveler’s go-to essentials to help you survive any business trip.Read More

Italy risks losing 20 billion euros ($23.6 billion) in exports and 118,000 jobs next year if the U.S. imposes tariffs of 10% on all European products, the head of the main Italian business lobby said on Wednesday.Read More

In this week’s look at Santa Cruz County business, Jessica M. Pasko highlights Joby Aviation’s milestone in Dubai, UC Santa Cruz’s new entrepreneurship program and agriculture’s nearly $1.6 billion impact on the local economy.Read More

The Wilbur O. and Ann Powers College of Business empowers students to evolve into innovators, entrepreneurs and leaders thriving in the dynamic globalRead More