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Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

December 15, 2016 by · Leave a Comment 

The Japanese government and a Hitachi Ltd unit will compile a package worth around 1 trillion yen ($8.5 billion) for a UK nuclear power plant project, a government official involved in the project said on Thursday. The Japan Bank for International Cooperation and the Development Bank of Japan will provide financing for the project, the official told Reuters. The funding plans are a boost for the project, one of several new nuclear plants planned

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Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

arshad-mohammed

Yahoo says one billion accounts exposed in newly discovered security breach

December 15, 2016 by · Leave a Comment 

Yahoo Inc warned on Wednesday that it had uncovered yet another massive cyber attack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history. The number of …

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Yahoo says one billion accounts exposed in newly discovered security breach

arshad-mohammed

Australia’s Crown Resorts leaves Las Vegas, sells down Macau

December 15, 2016 by · Leave a Comment 

By Byron Kaye and Jonathan Barrett SYDNEY (Reuters) – Australia's No. 1 casino company Crown Resorts Ltd is planning a near-total exit from the world's two biggest gaming hubs, Las Vegas and Macau, as a gambling crackdown in China hits profits and throws its expansion plans into disarray. The retreat from overseas casinos shows the impact the Chinese government's anti-graft campaign is having on casino…

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Australia’s Crown Resorts leaves Las Vegas, sells down Macau

arshad-mohammed

Targeting U.S. automaker signals possible China retaliation over Trump talk

December 15, 2016 by · Leave a Comment 

By Arshad Mohammed, Matt Spetalnick and Benjamin Kang Lim WASHINGTON/BEIJING (Reuters) – China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate …

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Targeting U.S. automaker signals possible China retaliation over Trump talk