Bloomberg Duke Energy Corp. asked to cancel its planned nuclear plant in South Carolina, citing the bankruptcy of reactor manufacturer Westinghouse Electric Co. North Carolina utility regulators should require customers of the company’s Duke Energy Carolinas unit to pay $353 million of pre-construction costs spent on the Lee Nuclear Station over the next dozen years, the Charlotte-based company said in ...

Bloomberg India is intensifying a crackdown on Chinese technology companies with a government official saying security testing of China’s UC Browser is being done to see if it’s leaking data. Testing on the popular browser made by Alibaba Group Holding Ltd.’s UCWeb is under way and the government is awaiting a report before deciding on any action, Ajay Prakash Sawhney, ...

Bloomberg Chairman Koos Bekker countered criticism Naspers Ltd. relies too heavily on its $132 billion stake in Chinese media company Tencent Holdings Ltd. by reminding investors that they would have been a lot poorer if he’d given in to similar pressure to sell the holding years ago. “Five years ago there was also a lot of unhappiness,” Bekker told shareholders ...