Bloomberg Wood Plc has agreed to sell its nuclear business for 302 million, as it cuts debt associated with the 2017 acquisition of Amec Foster Wheeler Ltd. and a prolonged oil-price slump. The Scottish engineering and services business will sell the unit to a subsidiary of Jacobs Engineering Group Inc., and expects the deal to close in the first three ...

Bloomberg National Grid Plc will investigate how to better incorporate the UK’s increasing share of renewable energy in the power mix after a blackout earlier this month saw more than one million homes lose power. The probe was sparked by the August 9 blackout, that also caused havoc on the transport networks, after a lightening strike north of London led ...

Bloomberg US President Donald Trump spoke separately with the leaders of India and Pakistan in a bid to calm tensions between the nuclear-armed neighbours over a territorial dispute. Indian Prime Minister Narendra Modi has kept Kashmir under lockdown for more than two weeks after scrapping the region’s autonomy, a move condemned by Pakistani Prime Minister Imran Khan. Both nations claim ...