Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Scott Kirsner Globe Correspondent January 06, 2019 Did a law signed in August by President Trump kill one of Jeff Bezos’s Boston investments?It sure seems that way.The impact on Bezos, one of the many ducks who populates Trump’s personal shooting gallery, was probably not intentional. But the law, which took effect in November, is making life more complicated for Boston startups in a wide range of industries. Advertisement The law expanded the authority of a little-known arm of the federal government called the Committee on Foreign Investment in the United States, or CFIUS. It’s chaired by Treasury Secretary Steven Mnuchin and includes senior members of other Cabinet departments, including State, Defense, and Commerce. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news, delivered weekdays. … [Read more...] about Tougher foreign-investor reviews have many startups on edge
European venture capital association
0 Have your say The Edinburgh International Conference Centre (EICC) is on track to report increased revenue and profits for 2018, buoyed by key events including an appearance by former first lady Michelle Obama. The solid performance for the past year has also been supported by a strengthened sales team that has helped to drive growth across corporate and association business.In spite of some wider industry concerns around the impact of Brexit, the capital venue has grown European association business during the year while continuing to develop revenue streams outside Europe.The increased business from North America and China is expected to mitigate the Brexit-related impact over the next 12 to 24 months.Financial results for the EICC have yet to be disclosed, but bosses said recent investment activity was set to pay off.The previous year – 2017 – was a record one for the venue with delegate numbers up to almost 100,000 and some 200 conferences and … [Read more...] about Capital’s EICC flags higher revenues and profit
News / UK and world by Press Association December 14, 2018, 2:08 pm FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter Former chancellor George Osborne has joined his brother’s Silicon Valley venture capital firm, a move which is thought to be his ninth job since leaving government. Mr Osborne, who is currently editor of the London Evening Standard, has been appointed as an adviser to San Francisco-based 9Yards Capital, according to the Financial Times. He has taken on a string of roles since he resigned as chancellor in the wake of the UK’s referendum on membership of the European Union in June 2016 and when he stood down as MP for Tatton in May 2017. Mr Osborne is an adviser to BlackRock, the world’s largest asset manager, earning £650,000 a year; chairman of the Northern Powerhouse Partnership think-tank; a visiting fellow at the Hoover Institution; a dean’s fellow at Stanford Business School in the US; and an … [Read more...] about George Osborne joins brother’s Silicon Valley venture capital firm
By David Milliken REDDITCH, England (Reuters) - At Muller Precision Engineering's plant in Redditch, south of Birmingham, James Gibbs is in charge of three clattering pieces of machinery older than he is. His two co-workers - one Polish, the other Hungarian - place semi-finished metal parts on plastic spindles every 20 seconds and hold them between grinders for another 15 seconds, then check their dimensions before dropping them into a tray. "It's a very repetitive job," said Gibbs, 27. "You've got to keep your concentration for however many hours you're on there, so that you don't misload it." By the middle of next year, the work of two of the staff will be done by sensors and robotic arms. British manufacturers have long lagged behind their developed country peers on automation, thanks in part to a seemingly inexhaustible pool of workers from Europe. The flow of low-cost labour has become less reliable since Britain voted to leave the European Union in June 2016, however. Net … [Read more...] about UK automation picks up as flow of European workers slows ahead of Brexit
News / UK and world by Press Association September 16, 2018, 1:47 pm FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter Five candidates are in the mix for next month’s presidential election in Ireland. Liadh Ni Riada: Liadh Ni Riada was unveiled as Sinn Fein’s chosen candidate on Sunday. She was hot favourite for the nomination ever since the party signalled its intent to run. The former television producer from Dublin is the daughter of legendary Irish trad musician and composer Sean O Riada. Ms Ni Riada entered the political arena in 2011 by joining Sinn Fein. She was elected in 2014 as one of her party’s four MEPs on the island of Ireland, representing the South constituency. The 52-year-old is the youngest of the five confirmed candidates and one of two women in the race. In the European Parliament, she has been a vocal advocate for the Irish fishing industry, and critical of the Common Fisheries Policy – arguing the … [Read more...] about Who are the five candidates vying for Ireland’s presidency?