(The Center Square) – Four North Carolina congressional members and the state’s lieutenant governor pledged support of Israel as its war with Hamas reached six months on Sunday, a day before Prime Minister Benjamin Netanyahu said his country would invade Rafah. The invasion has been discouraged by the United States. U.S. Sen. Thom Tillis, R-N.C., on Monday shortly after Hamas rejected the latest ceasefire, wrote on social media, "Make no mistake which side is the...
The Board of the FAI announced Mr. Hill’s departure on Monday. Tony Keohane, independent Chair of the Board of the FAI commented: "Jonathan joined the Association during a difficult time in the heart of the Covid-19 pandemic and helped the Association navigate an extremely challenging period. "On behalf of the Board of the FAI, I want to thank Jonathan for his hard work and dedication over the past number of years and wish him well for the future. “Not only did Jonathan guide the Association and...
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
(Bloomberg) -- Norway’s $1.6 trillion sovereign wealth fund fell short of its benchmark in the first quarter, extending an underperformance seen in the final months of last year.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainNorges Bank Investment...
Norway’s $1.6 trillion sovereign wealth fund fell short of its benchmark in the first quarter, extending an underperformance seen in the final months of last year.
The United States Department of Commerce announced a new round of funding for TSMC under the CHIPS and Science Act. TSMC is in line to receive $6.6 billion in direct funding and $5 billion in loans for its semiconductor production in Phoenix, Arizona. TSMC is also eligible to apply for an investment tax credit covering up to 25% of capital expenditures. TSMC semiconductor manufacturing fab site in Phoenix, Arizona TSMC announced its plans to build a third chipset fab at its Arizona complex...
(The Center Square) – Taiwan Semiconductor Manufacturing Company continues to expand its endeavors in the desert. The company, which makes computer chips for use in a wide variety of technology, will be building a third fab in the Phoenix area. According to a news release from TSMC, the fabs will create an estimated 6,000 jobs at the facilities themselves, and 20,000 jobs in the construction process. The announcement increases the company's investment to $65...
President Biden’s CHIPS Act money continues to get doled out to semiconductor manufacturers. The White House just announced that the Taiwan Semiconductor Manufacturing Company (TSMC) is receiving $6.6 billion in grants to build three fabrication plants, otherwise called fabs, in the region of Phoenix, Arizona. This is in addition to around $5 billion in government loans. As part of this deal, TSMC agreed to expand its planned investment in Arizona by $25 billion, to $65 billion. The company...
In addition to the proposed amount, the CHIPS Program Office will also provide $5 billion in low-cost loans, a statement by US Department of Commerce said.