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.... There was barely any response to Russia’s annexation of the Crimea in 2014. The assumption underlying the muted response is that there will be no war between the US and North Korea, nuclear or otherwise, and that the smart investment play is to buy into any dips. ... [Read full article on Guardian ]
Sunday 13th of August 2017 11:00:12 AM
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....The auction results are due in early September. Some in the industry have already predicted that windfarms, due to be built early next decade, will come in cheaper than the deal for the Hinkley Point C nuclear power station of £92. ... [Read full article on Guardian ]
Sunday 13th of August 2017 04:39:07 PM
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....“The Vix just popped to its highest since the election of Donald Trump as jitters about North Korea roil risk sentiment. It’s about time the market woke up – nothing like the prospect of a nuclear standoff to sharpen mind of investors who had become a tad complacent,” said Wilson. ... [Read full article on Guardian ]
Friday 11th of August 2017 05:50:16 PM
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....Trump is expected to issue the order on Monday to determine whether to investigate Chinese trade practices that force US firms operating in China to turn over intellectual property, senior administration officials said on Saturday. The move, which could eventually lead to steep tariffs on Chinese goods, comes at a time when Trump has asked China to do more to crack down on North Korea’s nuclear missile programme as he threatens possible military action against Pyongyang. ... [Read full article on Guardian ]
Monday 14th of August 2017 05:44:36 AM
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Latest Finance News related to Nuclear

Trump trade investigation will 'poison' relations with China, media warns image
....Trump is expected to issue the order on Monday to determine whether to investigate Chinese trade practices that force US firms operating in China to turn over intellectual property, senior administration officials said on Saturday. The move, which could eventually lead to steep tariffs on Chinese goods, comes at a time when Trump has asked China to do more to crack down on North Korea’s nuclear missile programme as he threatens possible military action against Pyongyang. ...
Rise of electric car solves little if driven by fossil fuels, warns windfarm boss image
....The auction results are due in early September. Some in the industry have already predicted that windfarms, due to be built early next decade, will come in cheaper than the deal for the Hinkley Point C nuclear power station of £92. ...
How Trump v Kim can wreck the world economy without a shot being fired | Larry Elliott image
.... There was barely any response to Russia’s annexation of the Crimea in 2014. The assumption underlying the muted response is that there will be no war between the US and North Korea, nuclear or otherwise, and that the smart investment play is to buy into any dips. ...
Trump's North Korea rhetoric spikes US 'fear index' to top level since election image
....“The Vix just popped to its highest since the election of Donald Trump as jitters about North Korea roil risk sentiment. It’s about time the market woke up – nothing like the prospect of a nuclear standoff to sharpen mind of investors who had become a tad complacent,” said Wilson. ...
Investors move to safe havens as US and North Korea trade threats image
Source : Guardian [Read Article] Wednesday 9th of August 2017 04:25:55 PM
....9% against the dollar. Kathleen Brooks, research director at City Index Direct, said: “The Swiss franc is the safe haven of choice today as risk sentiment gets hit from escalating nuclear fears between the US and North Korea. ...
North Korea’s warmongering with Donald Trump hits global stock market raising pension fear image
...."Of course, this could end up being a flash in the pan, so we don’t think that fund managers and traders are going to rush into changing their portfolio allocations just yet, they will want to see how things play out in the coming days. "However, if the rhetoric does ramp up, even without actual nuclear follow through, this could spook the market and make it hard for stock indices to rally into late summer due to the fears for global trade and global growth. ...
Why Trumponomics cannot make America great again image
Source : Guardian [Read Article] Friday 4th of August 2017 09:40:46 AM
.... He is renegotiating the North American Free Trade Agreement, and he may try to renegotiate other free-trade agreements, such as the bilateral deal with South Korea. And he could still start a trade war with China by introducing tariffs on steel and other products – especially now that China has been uncooperative in responding to North Korea’s escalating nuclear threat. ...
British motorists 'face 10% rise in car repair bills after hard Brexit' image
....The prediction comes after warnings from various industries about the impact on their sectors of a hard Brexit. They have ranged from the UK nuclear industry highlighting the “cliff edge” faced by not replacing the existing European nuclear treaty, Euratom, to farmers warning that the price of British strawberries could rise by more than one-third if the UK cannot ensure access to European workers after Brexit. ...
Sky chief gets £11.5m share payout as it reports profits slide image
Source : Guardian [Read Article] Thursday 27th of July 2017 08:50:21 AM
....Darroch said that with the new investment, which brings Sky’s total budget for original shows to potentially as much as £750m a year, it will see four original dramas launch each quarter for each of its territories. Sky also announced the first fruit of a $250m (£190m) co-production deal with HBO, the US network behind hits such as Game of Thrones and Sopranos, a mini-series called Chernobyl based on the 1986 nuclear plant disaster. ...
Uber and Deliveroo chiefs face new grilling by MPs image
Source : Guardian [Read Article] Tuesday 25th of July 2017 10:18:54 AM
....The committee is likely to investigate how Brexit will affect various sectors of the economy, and may focus on three or four sectors. It will also look at the possibilities of Britain staying under the remit of Euratom, the European nuclear regulator. ...
Drop in wind energy costs adds pressure for government rethink image
Source : Guardian [Read Article] Sunday 23rd of July 2017 05:03:35 PM
. Onshore windfarms could be built in the UK for the same cost as new gas power stations and would be nearly half as expensive as the Hinkley Point C nuclear plant, according to a leading engineering consultant. ...
British companies must have voices heard on Brexit, says MP image
Source : Guardian [Read Article] Friday 14th of July 2017 05:26:11 PM
....“It’s a mixture of both uncertainty, and where we might end up; and also the real risk that at the end of it we don’t have the same trading relationship,” she said. Reeves added that the new committee – whose other members yet to be chosen – would be likely to hold an investigation into Britain’s future relationship with Euratom, the EU-linked body that governs, among other things, the safe transport of nuclear materials. ...
US 'will become one of the world's top gas exporters by 2020' image
Source : Guardian [Read Article] Thursday 13th of July 2017 07:00:01 AM
....India would lead growth in the rest of Asia, the report forecast. While Japan is already a big importer of LNG, the IEA said that Seoul’s decision to switch away from coal and nuclear power could see South Korea increase its appetite for LNG too. ...
Electric cars will fuel huge demand for power, says National Grid image
Source : Guardian [Read Article] Thursday 13th of July 2017 04:30:44 AM
. A dramatic growth in electric vehicles on Britain’s roads could see peak electricity demand jump by more than the capacity of the Hinkley Point C nuclear power station by 2030, according to National Grid. ...
Renewable power critic is chosen to head energy price review image
Source : Guardian [Read Article] Wednesday 12th of July 2017 11:47:05 AM
....The review is due to report its findings to the business secretary, Greg Clark, in the autumn, and is expected to inform the government’s long-term approach to power generation. Helm is also a strong critic of the cost of nuclear power, saying that just to get to the “starting line” of building a new atomic power station in the UK involves a “lengthy, complex and expensive process”. ...
Gig economy: now is the time to ease the burden for workers image
Source : Guardian [Read Article] Sunday 9th of July 2017 06:00:16 AM
....It was always a case of when, not if, Hinkley Point C went over budget and over schedule. But EDF’s admission last week that its new nuclear power station in Somerset risks costing as much as £2. ...
Hinkley Point C: UK censured for failing to consult German public image
Source : Guardian [Read Article] Thursday 6th of July 2017 02:27:49 PM
. The UK has been censured by an international committee for its failure to notify the German public of the potential environmental impacts of Hinkley Point C, the new nuclear power station being built in Somerset, south-west England. ...
France to ban sales of petrol and diesel cars by 2040 image
Source : Guardian [Read Article] Thursday 6th of July 2017 01:20:06 PM
.... The firm has built 425,000 of the more than 2m electric cars sold globally. France’s reliance on nuclear power stations for 80% of its electricity supply means that a shift to electric vehicles rather than oil-powered ones would dramatically cut its remaining carbon emissions. ...
All Volvo cars to be electric or hybrid from 2019 image
Source : Guardian [Read Article] Wednesday 5th of July 2017 09:25:25 AM
....The potential carbon savings of a widespread shift to electric cars are huge. Although globally coal still accounts for about 40% of electricity generation and gas around 21%, countries such as the UK now source a significant amount of power from low carbon sources, such as renewables and nuclear. ...
Hinkley Point C: the government should start planning alternatives | Nils Pratley image
.... In one sense, this news lacks any element of surprise. EDF only seems to build nuclear reactors that are late and over-budget, as witnessed in Finland and on its own patch at Flamanville in Normandy. ...
Hinkley Point: EDF adds £1.5bn to nuclear plant cost image
Source : BBC [Read Article] Monday 3rd of July 2017 01:28:56 PM
. French energy supplier EDF has estimated that the cost of completing the new Hinkley Point nuclear plant will be nearly 10% more than expected. ...
Tell Donald Trump: the Paris climate deal is very good for America | Joseph Stiglitz image
....In the meantime, the world must protect itself against rogue states. Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions. ...
UK on track to miss carbon emissions target due to stalled energy policy image
....“The mood among our members is that energy policy is on pause and ministers need to hit the play button,” said Louise Kingham, chief executive of the Energy Institute. Among the list of stalled government decisions are the fate of a multimillion-pound competition to build mini nuclear power plants and whether to strike a subsidy deal for a pioneering tidal lagoon at Swansea. ...
The Observer view on the housing crisis | Observer editorial image
Source : Guardian [Read Article] Saturday 24th of June 2017 11:05:13 PM
.... This is not throwing money away, as it goes into a long-term asset that delivers returns into an indefinite future. It should also be noted that austerity is relaxed when it comes to building an £18bn nuclear power station at Hinkley Point or the £56bn HS2 railway, even though the latter is as damaging to the green belt as any housing proposal. ...
Hinkley Point is a terrible deal. May must show courage and cancel it | Simon Jenkins image
.... The great spending dinosaurs of the political dark ages, back before June 2017, are still roaming the jungle. Theresa May’s first decision as prime minister, to approve the £18bn Hinkley Point nuclear power station, is still crashing about Whitehall. ...
Hinkley Point C: watchdog confirms fears of political vanity project | Nils Pratley image
....The National Audit Office does not use excitable phrases like “utter shambles. ” But the spending watchdog’s verdict on Hinkley Point C, the nuclear power plant in Somerset that is supposedly inevitable, amounts to the same thing. ...
Spending watchdog condemns 'risky and expensive' Hinkley Point image
Source : Guardian [Read Article] Thursday 22nd of June 2017 11:01:08 PM
. Generations of British consumers have been locked into a “risky and expensive” project by the UK’s subsidy deal for a new nuclear power station at Hinkley Point in Somerset, according to a damning report by the spending watchdog. ...
Record levels of green energy in UK create strange new world for generators image
....As the sun shone on millions of solar panels and unseasonable gusts turned thousands of turbine blades last Sunday, something remarkable happened to Britain’s power grid. For a brief period, a record 70% of the electricity for the UK’s homes and businesses was low-carbon, as nuclear, solar and wind crowded out coal and even gas power stations. ...
Let’s move to Helensburgh, Argyll & Bute: ‘The air seems to sparkle’ image
.... And not for those who hanker after hullabaloo: it’s all cherry blossom and villas round here. You don’t mind having a large number of nuclear weapons on your doorstep, do you? Faslane submarine base makes this either the safest, or most dangerous, spot in the country. ...
As with everything Brexit, the battle for the City will be messy | Nils Pratley image
.... The keenly awaited report from the commission booted the important decisions into the long grass of technical assessments. Yet the commission has also retained the nuclear option of enforced relocation for clearing houses, bodies that stand between two parties to a financial trade, when they’re dealing in euro-denominated derivatives. ...
EDF Energy's Vincent de Rivaz to step down after winning Hinkley battle image
. The man who helped secure Britain’s first new nuclear power station in a generation will step down as chief executive of EDF Energy in October, marking the end of a 15-year tenure. ...
Bosses are right: political uncertainty will damage the economy | Nils Pratley image
....Well let’s hope so. Let’s also hope that government recognises that the same megatrend that is bringing down the cost of wind and solar generation has implications for the UK’s nuclear programme. ...
If hard Brexit is dead, the odds on a chaotic one have shortened image
Source : Guardian [Read Article] Sunday 11th of June 2017 06:00:47 AM
.... One is to frack for shale gas – but there are huge unknowns about whether Britain’s geology will make it economically viable to extract it, and about its political acceptability. The other is to focus on renewable and nuclear power, and storage and energy efficiency, to displace the need for gas to generate electricity and heat Britain’s homes. ...
Renewables provide more than half UK electricity for first time image
....7% of UK energy. Add in nuclear, and by 2pm low carbon sources were producing 72. ...
Winds of change: gusts across Europe help set renewable power record image
Source : Guardian [Read Article] Wednesday 7th of June 2017 05:12:48 PM
....The windy weather across Europe in the past 24 hours may have been a curse for summer picnics, but it has set records for renewable power. In the UK, wind, nuclear and solar power were together generating more electricity than gas and coal combined at 1pm on Wednesday, for the first time ever. ...
Court rules that Germany's nuclear tax is illegal image
Source : BBC [Read Article] Wednesday 7th of June 2017 11:26:23 AM
. Germany's energy utilities look set to receive refunds of billions of euros after the government's tax on their use of nuclear fuel rods was declared illegal by the country's top court. ...
Government support needed to unlock billions in green business, says industry image
.... Green groups fear that a new Conservative government under Theresa May could scrap the Climate Change Act, leaving the UK without firm targets on cutting greenhouse gases. However, the government has pointed to increased investment for electric vehicles, support for new nuclear power stations, and a boost to offshore wind as evidence of its commitment to low-carbon infrastructure. ...
Three Mile Island to close 40 years after nuclear accident image
Source : BBC [Read Article] Tuesday 30th of May 2017 09:52:04 PM
. A Pennsylvania power plant which triggered the worst nuclear disaster in US history is to close, its owner says. ...
Three Mile Island faces shutdown without financial rescue from Pennsylvania image
. The owner of Three Mile Island, site of the worst commercial nuclear power accident in US history, will shut down the plant in 2019 unless it receives a financial rescue from the Pennsylvania state government. ...
UK's biggest solar company takes shine to global projects with deals worth £3bn image
.... This financial year it expects to flip to 85% of revenues coming from international markets. “We’d been successful in the UK, benefiting from the support scheme, and then in May 2015 the Tories came to power and completely changed direction: they wanted a nuclear power plant [Hinkley Point C], and frustrated renewables,” said Frans van den Heuvel, the company’s chief executive. ...
Solar power breaks UK records thanks to sunny weather image
Source : Guardian [Read Article] Friday 26th of May 2017 03:09:00 PM
....48GW earlier this month. Experts said the unprecedented share for solar energy meant about 60% of the UK’s power was low carbon, taking into account Britain’s wind farms and nuclear power stations too. ...
UK achieves solar power record as temperatures soar image
Source : BBC [Read Article] Friday 26th of May 2017 03:05:33 PM
....". Alongside the contribution from solar, 23% of power came from nuclear sources, 30% from natural gas and just 1. ...
How to measure success in the world of megaprojects | Jane Dudman image
Source : Guardian [Read Article] Friday 19th of May 2017 06:09:48 AM
. Crossrail, HS2, Hinkley Point C nuclear power station: three massive infrastructure projects, costing billions of taxpayers’ money, and all subject to controversial and time-consuming debate before getting the go-ahead. ...
National Grid boss says Labour plan will stall green energy drive image
Source : Guardian [Read Article] Thursday 18th of May 2017 05:00:40 PM
....Onshore windfarms, which the Tories campaigned hard against in the 2015 general election, were still considered unacceptable in England, but would get support in remote Scottish islands. One notable omission was nuclear power, compared with the 2015 manifesto, which promised a “significant expansion in new nuclear”. ...
Mersey feat: world's biggest wind turbines go online near Liverpool image
Source : Guardian [Read Article] Wednesday 17th of May 2017 05:30:46 AM
....“I wouldn’t be at all surprised if it comes in below Hinkley,” said Sykes of the prices offshore windfarms might reach, compared to £92. 50 per megawatt hour that France’s EDF has been guaranteed for electricity generated by the nuclear power station it is building in Somerset. ...
Troubled Toshiba misses annual results deadline image
Source : BBC [Read Article] Monday 15th of May 2017 04:54:42 AM
....2bn. Problems came to a head again in January this year, when it became clear its US nuclear unit, Westinghouse, was in financial trouble. ...
US ‘fear index’ shows stock markets eerily calm in stormy times image
Source : Guardian [Read Article] Saturday 13th of May 2017 03:00:03 PM
....What has left financial experts perplexed is the eerie calm that prevails in the markets – at a time when many parts of the world are being unsettled by geopolitical events. Incendiary executive orders from US president Donald Trump, uncertainty over Brexit, and nuclear tests in North Korea have all caused widespread concern. ...
US and China sign trade agreement image
Source : BBC [Read Article] Friday 12th of May 2017 07:40:22 AM
....Mr Trump had threatened to label China a "currency manipulator" and impose trade tariffs on its goods, but has since softened his position. He had also attempted to link US-China trade talks to concerns over North Korea's nuclear ambitions, urging Beijing to exert more pressure on Pyongyang. ...
Why the global markets are ignoring the global turmoil | Nouriel Roubini image
....But there are other possible scenarios, some of which could turn out to be black swans. Given the risks associated with direct military action, the US is alleged to be using cyber-weapons to eliminate the North Korean nuclear threat against the US mainland. ...
Brexit and energy: does ‘taking back control’ mean losing power? image
Source : Guardian [Read Article] Saturday 6th of May 2017 02:59:06 PM
....The Brexit spotlight swung last week away from the familiar cast of bankers quitting the City and coffee-shop chains worried about recruiting staff to the fate of the energy industry tasked with powering the economy when the UK leaves the EU. The loudest warnings came from MPs, peers, engineers and the industry itself over the impact that blocks to trade or freedom of movement would have on the nuclear and oil sectors. ...
KPMG's audits of Rolls-Royce accounts probed by regulator image
Source : BBC [Read Article] Thursday 4th of May 2017 08:31:07 AM
....The SFO revealed 12 counts of conspiracy to corrupt or failure to prevent bribery in seven countries - Indonesia, Thailand, India, Russia, Nigeria, China and Malaysia. Often described as "a jewel in the UK's industrial crown", Rolls-Royce makes engines for military and civil planes, as well as for trains, ships, nuclear submarines and power stations. ...
Nuclear industry warns UK must avoid 'cliff edge' over Brexit image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 02:44:23 PM
. The UK nuclear industry has issued its strongest warning yet to ministers on the problems it faces if the government is unable to strike new international atomic power deals during Brexit talks. ...
Alarm sounded over delays to develop UK mini nuclear reactors image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 10:58:50 AM
. The government’s failure to deliver on a multimillion-pound competition to develop mini atomic power stations has hurt the nuclear sector and risks international companies walking away from the UK, a Lords committee has warned. ...
Nuclear oversight needs 'urgent' action, MPs say image
Source : BBC [Read Article] Monday 1st of May 2017 11:24:39 PM
. Ministers must act "as urgently as possible" to clarify how the nuclear industry will be regulated after Brexit, MPs have warned. ...
Britain's energy supply is in jeopardy after Brexit, warn MPs image
Source : Guardian [Read Article] Monday 1st of May 2017 11:01:11 PM
. The future of Britain’s power supply has been jeopardised by Brexit and the government must act urgently to ensure nuclear power stations stay open, MPs have warned. ...
South Korea shrugs off tension with sharp rise in exports image
Source : BBC [Read Article] Monday 1st of May 2017 10:39:58 AM
....The 65-year-old former president, who remains in custody, was formally charged last month. Tension has also escalated in the region over North Korea's nuclear programme, with US sending warships to the region. ...
State-owned Swedish firm Vattenfall enters UK energy market image
Source : Guardian [Read Article] Monday 1st of May 2017 08:00:24 AM
.... . Borg said European power companies are attracted to the UK market because of two fundamentals: tight margins between energy supply and demand which means a constant appetite for new entrants; and the UK’s legally enshrined climate targets, which will remain when the UK leaves the EU and ensure demand for energy generated by renewables or nuclear. ...
Battery bonanza image
Source : BBC [Read Article] Sunday 30th of April 2017 11:01:30 PM
....You'll always have a glut of solar power on summer days and none on winter evenings. When the sun isn't shining and the wind isn't blowing, you need coal or gas or nuclear to keep the lights on, so why not run them all the time? . ...
Pensioners will carry on hoarding cash if state won’t step in image
Source : Guardian [Read Article] Saturday 29th of April 2017 04:00:03 PM
....Protecting the family’s finances becomes a priority as the state vanishes from the scene. And a family is no longer the traditional British nuclear family, but one that resembles the Italian extended family, where grandparents and parents feel obliged to provide more than just a good start in life for the youngest members. ...
Niger 'cleared' over Areva uranium deal image
Source : BBC [Read Article] Friday 28th of April 2017 04:54:04 PM
. French nuclear giant Areva was solely responsible for a controversial $320m (£250m) uranium deal, a parliamentary investigation in Niger has said. ...
What does the business world make of Trump 100 days in? The jury is still out image
.... Rihanna may have 71 million followers on Twitter compared with Trump’s 6. 6m but she doesn’t have the nuclear codes. ...
Tory windfarm policy endangers cheap energy in UK, commission finds image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:19:44 AM
....A report by the commission found that the cost of wind power had fallen by 60% in the past five years. The analysis predicted that by 2040, wind and solar would account for 45% of the global power mix, with hydro and nuclear making up another 35%. ...
Reacting to technological threats isn't enough – we need to plan for them | Michael Boskin image
. What do the leaks of unflattering email from the Democratic National Committee’s hacked servers during the 2016 US presidential election campaign and the deafening hour-long emergency warning siren in Dallas, Texas, have in common? It’s the same thing that links the North Korean nuclear threat and terrorist attacks in Europe and the US: all represent the down sides of tremendously beneficial technologies – risks that increasingly demand a robust policy response. ...
Geeks v government  image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:03:23 PM
....A few weeks earlier, the Stanford researchers had received an unsettling letter from a shadowy US government agency. If they publicly discussed their findings, the letter said, it would be deemed legally equivalent to exporting nuclear arms to a hostile foreign power. ...
First coal-free day in Britain since Industrial Revolution image
Source : BBC [Read Article] Saturday 22nd of April 2017 12:44:26 AM
....co. uk, around half of British energy on Friday came from natural gas, with about a quarter coming from nuclear plants. ...
UK set for first full day without coal power image
Source : BBC [Read Article] Friday 21st of April 2017 03:45:43 PM
.... . "We then had the dash for gas in the 1990s, with nuclear roughly contributing around 25%, and coal dropped below 50%. ...
Reactor goes here ... the £18bn Hinkley Point C starts to take shape image
Source : Guardian [Read Article] Friday 21st of April 2017 01:05:27 PM
....Surrounded by a sea of broken rock and mounds of earth on the Somerset coast stands a small, unassuming sign that states simply “R2”. It is here that the second of two nuclear reactors will switch on in the middle of the next decade if all goes according to EDF Energy’s plan for Hinkley Point C, proving that Britain can still build new nuclear power stations and, more importantly, providing 7% of the country’s electricity. ...
UK bank accounts of Iranian customers still being closed, says law firm image
....Blackstone Solicitors represents a string of Iranians who have taken high street banks to court over allegations of racial discrimination. The firm said account closures have taken place despite the lifting of sanctions after the 2015 nuclear agreement between Iran and the world powers. ...
Walking dead image
Source : BBC [Read Article] Sunday 16th of April 2017 08:34:11 AM
....But it also faces another fate: becoming the most high-profile member of Japan's corporate living dead, also known as zombie firms. Toshiba admitted this week that its survival is at risk and that the firm could be delisted from the Tokyo stock exchange, following a major accounting scandal and an ill-timed bet on nuclear power. ...
Toshiba's US nuclear problems could provide cautionary tale for UK image
Source : Guardian [Read Article] Friday 14th of April 2017 07:00:27 AM
....The roots of Toshiba’s admission this week that it has serious doubts over its “ability to continue as a going concern” can be found near two small US towns. It is the four reactors being built for nuclear power stations outside Waynesboro, in Georgia, and Jenkinsville, South Carolina, by the company’s US subsidiary Westinghouse that have left the Japanese corporation facing an annual loss of £7. ...
Toshiba warns over its survival as it forecasts £7bn losses image
Source : Guardian [Read Article] Tuesday 11th of April 2017 03:36:52 PM
. Toshiba, one of the biggest names in consumer electronics, has warned it is facing annual losses of more than £7bn and the future of the company is in doubt as a result of financial turmoil at its nuclear power plant construction business. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
.... Posturing aside, Trump will be forced to recognise that military force is not an option. A surgical strike against North Korea’s nuclear facilities would most probably not succeed, while a massive attack would provoke devastating retaliation against South Korea. ...
Toshiba files unaudited results and says future is in doubt image
Source : BBC [Read Article] Tuesday 11th of April 2017 08:33:57 AM
....2bn. Its problems came to a head again in January this year, when it became clear its US nuclear unit, Westinghouse, was in financial trouble. ...
What is behind Toshiba's financial crisis? image
Source : BBC [Read Article] Tuesday 11th of April 2017 12:12:31 AM
. Toshiba is currently trying to sell off its prized computer chips unit in an attempt to cover losses from its troubled US nuclear unit Westinghouse. ...

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