State Department spokesman says Washington backs a deal to halt the fighting and free hostages
world9 hours ago
British Energy would not comment on the report.
The paper said Neil Woodford, head of investment at Invesco which owns a 15 percent stake in British Energy, said a merger was the obvious solution to the future of both companies.
‘Together they (British Energy and Centrica) can work out a joint venture with EDF to build nuclear sites (in Britain),’ he told the paper.
On Aug. 4, Centrica said it might revive plans to merge with British Energy after French power group EDF's 12 billion pound ($22.4 billion) bid for the nuclear power company stalled.
However, a government spokesman told Reuters at the time that Britain's preferred option remains a takeover by EDF.
The British government, which owns about 35 percent of British Energy, gave the green light in January to new nuclear power stations to help cut carbon emissions and reduce reliance on energy imports.
This sparked takeover interest in British Energy, which lacks the expertise to build new plants but whose land is viewed as the best site for new developments.
State Department spokesman says Washington backs a deal to halt the fighting and free hostages
world9 hours ago
He clarifies that the offer accepted by Hamas is a softened version of Egyptian proposal, which is not acceptable to Israel
mena9 hours ago
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uae10 hours ago
The Kremlin specifies that the exercises are a response to statements by French President Emmanuel Macron and British officials
world10 hours ago
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He also stabbed three other workers, leaving them with serious injuries
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Dubai FinTech Summit kicked off on Monday with over 200 exhibitors
business11 hours ago
There were no immediate details over what the agreement entailed
mena11 hours ago