Germany Refusing Intel’s Additional Demand For Subsidies For Chip Plant – FT

(Reuters) -Germany’s Finance Minister Christian Lindner is refusing Intel’s demands for higher subsidies for a 17-billion-euro ($18-billion) chip plant, saying the country could not afford it, the Financial Times reported on Sunday. “There is no more money available in the budget,” the newspaper quoted Lindner as saying in an interview. “We are trying to consolidate…

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Honduras opens embassy in China after cutting ties to Taiwan

BEIJING (Reuters) – Honduras opened an embassy in China on Sunday, Chinese state media reported, after the Central American nation cut diplomatic relations with Taiwan earlier this year. The embassy in Beijing was opened by foreign ministers from the two countries, state broadcaster CCTV reported. Honduran President Xiomara Castro is in China for a state…

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