Business

Global security giant G4S backs £3.8bn takeover

British security giant G4S, which guards sites including prisons, offices and COVID test-centres, has accepted a £3.8-billion takeover from US rival Allied Universal, while rejecting Wednesday a slightly smaller offer from ...

Energy & Green Tech

Japan's Toshiba retreats from coal-fired power stations

Japanese engineering giant Toshiba will not build any more coal-fired power plants and will shift to renewable energy in a bid to reduce greenhouse emissions, the company's president said Wednesday.

Energy & Green Tech

Hitachi scraps plan for UK nuclear plant

Japan's Hitachi on Wednesday scrapped its multi-billion-pound nuclear plant project in Wales in face of the deteriorating investment environment, in a blow to Britain's atomic energy programme.

Energy & Green Tech

Researchers discover how to improve safety of nuclear power plants

Researchers at Tomsk Polytechnic University found a method to increase fuel lifetimes by 75%. According to the research team, it will significantly increase safety and reduce the operating cost of nuclear power plants in ...

Energy & Green Tech

Austria fails to win over neighbours for nuclear phase-out

Austrian Chancellor Sebastian Kurz, on his first trip abroad Thursday since being re-elected, failed to persuade the governments of four central European countries to give up on nuclear energy which they largely depend on.

Energy & Green Tech

Audit raps French energy giant EDF over nuclear project

An official report rapped French energy giant EDF on the knuckles Monday for lacking a "culture of quality," as reflected in huge delays and price overruns at a nuclear plant it has been building for more than a decade.

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