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

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

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November U.S. auto sales seen rising about 4 percent by analysts

DETROIT (Reuters) – Hefty consumer discounts during a robust Black Friday weekend helped boost November U.S. auto sales between 4 percent and 5 percent, which could catapult results this year above a record high in 2015, economists and industry analysts said.

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November U.S. auto sales seen rising about 4 percent by analysts

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Separation anxiety: Trump’s management style poses challenges in Oval Office

It has proven one of Donald Trump's greatest strengths in building a worldwide luxury brand: An obsessive attention to detail, down to the curtains hanging in hotel rooms and the marble lining the lobby floor. “I'm very much involved in the details,” Trump said during a June deposition in a lawsuit stemming from his development of a Washington hotel. A former employee of the Trump Organization who has worked closely with Trump was skeptical that he could leave behind his beloved company after spending decades building it…

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Separation anxiety: Trump’s management style poses challenges in Oval Office

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BP approves investment in Egypt gas field 15 months after discovery

British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore Egypt, only 15 months after it first announced its discovery. BP, which declined to give an investment figure for the project, said the field was on track to deliver its first gas in the first half of 2018, set to pump 300 million cubic feet a day of gas to the Egyptian market. BP decided in November to fast-track the development of Atoll, estimated to contain 1.5 trillion…

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BP approves investment in Egypt gas field 15 months after discovery

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U.S. top court rejects Ecuador challenge to Chevron arbitration award

The U.S. Supreme Court on Monday rejected Ecuador's challenge to a $96 million international arbitration award in favor of energy company Chevron Corp in a dispute over the development of oil fields in the South American country. The high court's refusal to hear the case leaves in place an August 2015 ruling by the U.S. Court of Appeals for the District of Columbia Circuit upholding a 2011 award in Chevron’s favor from The Hague's …

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U.S. top court rejects Ecuador challenge to Chevron arbitration award

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Costco plans chicken plant in Nebraska: local council

The facility, if built in Nebraska's Dodge County, would create 1,100 jobs, work with local chicken farmers and invest $180 million in the region, the Greater Fremont Development Council said in a release dated April 14. Costco, the third-largest U.S. retailer, could not immediately be reached for comment.

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Costco plans chicken plant in Nebraska: local council

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Toshiba to sell part of its chip operations: sources

Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting scandal, three people familiar with the matter told Reuters on Saturday. The electronics conglomerate has started accepting bids, with

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Toshiba to sell part of its chip operations: sources