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China’s nuclear power fleet to overtake US within decade

  Bloomberg China’s rapid nuclear expansion will result in it overtaking the US as the nation with the largest atomic power capacity by 2026, according to BMI Research. The world’s second biggest economy will almost triple its nuclear capacity to nearly 100 gigawatts by 2026, making it the biggest market globally, analysts said in a note dated Jan. 27. The ...

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Border tax could further reduce Mexico oil’s US ties

  Bloomberg US President Donald Trump’s proposed tariff on Mexican goods has the country’s oil industry considering just how much it needs the American market. A 20 percent border tax to build a wall between Mexico and the US means Canadian oil-sands competitors will enjoy a leg up and US motorists will suffer higher prices at the pump due to ...

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Teva plunges after US judge invalidates four Copaxone patents

  Bloomberg Teva Pharmaceutical Industries Ltd. plunged to the lowest in more than a decade following a US court ruling that invali-dated four patents on its best-selling multiple sclerosis drug Copaxone. The ruling may open the door to generic competition for a drug that generates a fifth of Teva’s $20 billion in annual sales. The introduction of two Copaxone copycats ...

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