Recent Posts

French N-giant seeks survival by rewriting rules

Bloomberg France’s nuclear giant has a plan to survive the wave of renewable energy that’s sweeping aside old-fashioned utilities across Europe. First it needs to disprove the conventional wisdom about how reactors work. Electricite de France SA says its fleet of nuclear reactors aren’t just able to provide a steady stream of power, they’re flexible enough to complement a large ...

Read More »

American refiners talk expansion after reaping billions in tax gains

Bloomberg The biggest independent refiners in the US are lining their pockets with billions of dollars in tax reform windfalls just in time to invest in equipment that meets ever-tightening domestic and global environmental rules, making the “liquid freedom” they export cleaner than ever. “The reduction in the corporate tax rate is a catalyst for incremental investment in the business,” ...

Read More »

Alphabet touts YouTube to ease pain of Google costs

Bloomberg After sinking billions into driverless cars, internet balloons and life-extension research, Alphabet Inc. is being weighed down by more mundane expenses—the cost of running its behemoth online search business. Google’s parent company reported fourth-quarter profit that missed analysts’ estimates, hobbled by rising payments for search and advertising distribution to companies like Apple Inc., as well as higher marketing spending ...

Read More »
Send this to a friend